Watch industry – Innovation and cost pressure
Precision, innovation and individuality have characterized watches for generations. What was considered out of date in the 1970s is a booming market today: The mechanical wristwatch. Although prices sometimes reach astronomical values, cost consciousness and productivity increases are omnipresent. New products, manufacturing methods, machines and opportunities continually present the industry with new competitive challenges. If investments were made in perhaps overly expensive production systems here – because it was possible to do so – modern and lean solutions are likely to be in demand in the future. Many applications using CNC rotary table machines from pL LEHMANN confirm that this is not "yesteday's news".