The Outlook for Gear Manufacturing: A European Perspective

摘要

In the coming years, we will be faced with increased competition from all over the world. Modem, fast communication systems will increase the pace even more. Global trade invites nations with hungry people to participate in the market, and they are willing to work for any price. Because we are not able to compete with these wages and other price-reducing factors, we must find solutions to maintain our market share and even to increase it, although it would sometimes be better if we changed our traditional businesses completely and became more specialized.