In the first ten months of this year, the cumulative growth rate of metal cutting machine tools was 32.59%, and the cumulative output growth rate of CNC metal cutting machine tools was as high as 66.85%. The high boom of downstream industries such as the automotive industry and construction machinery has driven the demand of the machine tool industry. The growth rate of various types of machine tools presents structural differentiation characteristics. Demand for machining centers, lathes, and other products is growing rapidly, while demand for heavy-duty machine tools is declining.
The prospect of medium and high-end CNC machine tools comes from import substitution and market demand growth. China's imported machine tools are mainly high-end machine tools such as machining centers, grinding machines and turning centers. These three types of products account for 66.2% of the total imports. At present, most of China's high-end CNC machine tools rely on imports have not yet broken, high-end CNC machine tools account for about 85% of the domestic market share.
The output of CNC machine tools in China has maintained a rapid growth trend, and the proportion of CNC machine tools in the total volume of metal processing machine tools has increased year by year. The numerical control rate of machine tools has increased year by year, and the numerical control rate of output has increased from 9.12% in 2001 to 19.79% in 2008, and the numerical control rate of output has also increased from 37.8% to 48.6%.
Under the background of the upgrading of industrial structure and the gradual increase of labor costs in China, the proportion of machinery and equipment in investment in the later stage of industrialization will increase the demand for mechanical equipment such as machine tools, and the demand for machine tools in the process of industrialization in China. Increases and product grades are a long-term trend in the development of the machine tool industry.
In the high base of 2010 in the automotive and construction machinery industries, the growth rate in 2011 will slow down, which will reduce the overall growth rate of the machine tool industry, but the industry will continue to operate during the rising cycle. The major national science and technology projects and the upgrading of downstream industries will drive the upgrading of the product structure of the machine tool industry. The growth rate of medium and high-end CNC machine tools will be higher than the average growth rate of the industry, and companies with strong R&D capabilities and product structure advantages can be concerned.
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