2012-2016 China's CNC Machine Tool Market Investment Analysis and Forecast Report

CNC machine tools are the mainstream equipment in the modern machinery manufacturing industry and are hot commodities in the market. The development of CNC machine tools in China has experienced over 30 years of ups and downs, and it has matured from its growth period. In 2008, the annual output reached 122,000 units.

During the "Eleventh Five-Year Plan" period, with a series of breakthroughs in key technologies and the formation of independent production capabilities, China began to highlight the "heavy manufacturing" of "foreign manufacturing" and entered the ranks of the world's high-speed CNC machine tools and high-precision CNC machine tool producing countries. Driven by the demand, the output of CNC machine tools in China maintained a rapid growth, with an average annual compound growth rate of 37.4%. In 2010, the output of CNC machine tools in China reached 236,000 units, an increase of 62.2% year-on-year. In 2010, the consumption of CNC machine tools in China exceeded 6 billion USD and the number of units exceeded 100,000 units. CNC machine tools have become the mainstream of machine tool consumption.

The continuous investment in major science and technology projects for "high-end CNC machine tools and basic manufacturing equipment" from 2009 to the present shows the government's determination to develop high-end CNC machine tools and basic manufacturing equipment. During the "Twelfth Five-Year Plan" period, China will continue to invest and increase its efforts. Each year, major projects will drive more than 10 billion yuan of funds.

Under the background of economic development, strong support of national policies, and revitalization of the upstream and downstream industries, the vigorous demand for the CNC machine tool industry in China will continue to grow at a high speed. In particular, high-end CNC machine tools will usher in a larger market space, in the next 3-5 years. The growth rate of the CNC machine tool industry in China will reach around 12%. This will inevitably bring about the market development of China's domestic CNC machine tools and its numerical control systems and related functional components. It will undoubtedly provide excellent opportunities for domestic CNC system manufacturers to continue to develop their own technologies and expand the market.

Looking ahead to the “Twelfth Five-Year Plan”, the development of CNC machine tools in China will strive to solve the problem of large but not strong hosts, lagging development of numerical control systems and functional components, large gaps in key technologies of high-end CNC machine tools, low product quality stability, and poor overall economic returns in the industry. Problems, to raise core competitiveness, independent innovation, quantitative integration, brand building and other aspects to a strategic height, achieve the goal of industrial output value of 800 billion yuan. And strive to achieve a series of medium and long-term goals such as the transition from a machine tool to a machine tool, a powerful country, and the realization of a dominant position in the domestic market for domestic high-end CNC machine tools.

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