Machine tool fights economic storm with innovation

When the global economy is affected by the global economic storm and the European debt crisis, it is in a state of slumber. In order to exploit development, foreign machine tools companies are making great inroads into China to expand into new markets. Nowadays, high-end machine tools in the Chinese market are dominated by foreign products. machine. In the face of this situation, how will domestic companies respond? Only domestic enterprises can achieve independent innovation and strengthen the establishment of brand awareness, can they occupy a favorable position in this competition.

It is understood that China's machine tool industry has been ranking first in the world for many years. However, domestic machine tool products are mostly in the low-end position, and it will take a long time to reach the world-class level. In particular, the gap between China's machine tools and foreign machine tools in terms of reliability, digital manufacturing, and key components is considerable. It is not easy to catch up with the past. With the continuous increase of investment and development in the Chinese market by foreign machine tool companies, the fierce market has become more intense, and the overcapacity and product homogeneity of China's SMEs have also become serious. As industry insiders say, the transformation of the machine tool industry is imminent. It is not enough to only make certain products, and it needs to have the ability to provide complete solutions for the household; only technical means is not enough, and the overall quality of the enterprise is needed. All-round improvement; only the adjustment of products and markets is not enough, and the adjustment of the internal professional structure of the industry is required. How China's machine tool companies rushed into the industry has become the focus of attention both inside and outside the industry.

At the same time, according to the report, it is expected that by 2014, the demand for machine tools in the Chinese market will increase by 14.2% to 389 billion yuan. This strong growth momentum will consolidate China’s current status as the world’s largest machine tool consumer and producer. The supply and demand of the industry will benefit from the government's “Twelfth Five-Year Plan”. The “Twelfth Five-Year Plan” particularly regards the machine tool industry as one of the strategic emerging industries. It will receive government support and promote independent innovation.

Taking the high-end route is an indisputable fact. For this reason, high-end equipment manufacturing has been listed as a strategic emerging industry. In the future, it will focus on nurturing development. Advanced machine tool manufacturing is an important part of this. To this end, the industry can receive subsidies from the central and local governments for research and development. Selling high-end machine tools can also benefit from tariff policies, which will increase sales of local products.

What are the major market applications for machine tools in China today? The major markets for machine tools in China are industrial machinery and equipment, transportation equipment, primary metal products and electrical and electronic equipment. Due to the explosive development of the Chinese automobile industry, the manufacturing of transportation equipment has been the second largest market for machine tools in the past 10 years. Metal cutting machine tools are the largest product category, and their size is three times that of metal forming machines. In 2014, the growth rate of demand for China's machine tool attachment market will reach 16.1%, faster than that of metal cutting machine tools and forming machine tools. It can be seen that the potential of China's machine tools still has a lot to explore.