Machining center has become the fastest growing product in CNC machine tools

July 14, 2022

The Chinese machine tool industry has achieved sustained and rapid development. Until the first half of 2011, the demand is still very strong. The vast majority of machine tool companies are in a state of exuberant production and sales. However, since the second half of last year, the demand growth has slowed down significantly, new orders have fallen sharply, the economic situation has gradually become severe, and the profit rate has continued to decline. Despite the rapid growth in the first half of the year, the growth rate of the total output value of China's machine tool industry last year fell from nearly 39% at the beginning of the year to 32.5% at the end of the year, and the profit growth rate has dropped dramatically from 57.5% at the beginning of the year to 29.8% at the end of the year. It can be seen that the situation of the Chinese machine tool industry changed drastically last year.

The domestic processing center has entered a period of rapid development. The current processing center is getting more and more rapid development with its high efficiency and high precision, and it has become the fastest growing and the largest proportion of various types of CNC machine tools. The products, which are the most widely used type of equipment in manufacturing, have become the mainstream of consumption. Some of the major economically developed countries regard the development of processing centers as the primary task for the development of CNC machine tools. Its development is directly related to national economic development and national defense security.

In 2011, China's machine tool industry imported 20.7 billion U.S. dollars, while exports accounted for 7.3 billion U.S. dollars, and the import and export deficit was as high as 13.4 billion U.S. dollars. It can be seen that the demand for China's machine tool products is objective. It is only that domestic machine tool companies cannot fully satisfy them; if it can achieve the basic balance between imports and exports, the Chinese machine tool industry could increase sales of US$13.4 billion by the end of last year.

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Author:

Ms. SU LAN RONG

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susu@cn-tianhui.com

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