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China's Machine Tool Market Still Has Great Potential in 2018

In 2018, China's demand in the machinery sector is expected to continue to expand, with orders for machine tools increasing.

The growth of China's manufacturing industry has driven the growth of demand for Japanese machine tools. In fact, there was a clue in last year. According to the data released by the Japan Machine Tool Industry Association, in 2017, Japan's total machine tool orders for the whole year of 2017 increased by 31.6% year-on-year to RMB 644.5515 billion, a record high, including “the recovery of the Chinese market”. This is the main reason for order growth.

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The development of China's machine tool industry does exist such problems as being large and not strong, lack of core technology, and small proportion of “precision”, but we also need to see that in recent years, China's machine tools have developed rapidly and key technologies have made breakthroughs in succession. Certain technical advantages. Moreover, China's machine tool industry is developing towards regionalization. For example, Chongqing Yongchuan and Beijing are actively building high-end machine tool industry bases. China's machine tool companies are still the most powerful support for China's manufacturing, and the increase in imports can only show that the speed of development of China's machine tools can not fully meet the demand for rapid growth in the manufacturing industry. Therefore, the role of Chinese machine tools in Chinese manufacturing cannot be denied. Of course, in the face of ever-changing market demands, Chinese machine tool companies still need to adapt. At present, China has considerable strength in the production of medium- and low-end machine tools. How to improve technology and become high-end is the problem that all machine tool companies need to solve next.

In 2018, the Chinese machine tool market still has great potential. China has always been one of the largest machine tool consumers in the world. With the continuous influx of foreign companies, the number of China's machine tool imports is still increasing, in addition to the rapid development of China's manufacturing industry, it also reflects the huge market demand for domestic machine tools. It is understood that the EMAG machine tool in Germany that settled in Yongchuan had sales of nearly 300 million yuan in 2017. Judging from the current development, the Chinese machine tool market will continue to rise in the next few years. If the domestic machine tool companies can firmly grasp these market resources, how can the development of the industry fail to go further?

The development of the Chinese machine tool industry has a long way to go. Import is a means rather than a result. How to make the Chinese market recognize China's machine tools, how to form their own brand and technological advantages, these problems also have to solve their own problems. "The narrow road meets the brave winner", in the fierce market competition, hope that China's machine tool companies can become that "brave", always moving forward, laughing to the end.

Contact Us
Shandong Jining Qingfeng Machinery Hardware Co.,Ltd

Address: NO.47 Jinyu Road, Jining, Shandong

Tel: +86-537-3281595

Fax: +86-537-3281597

E-mail: info@qfmh.com

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