China Business Information Network: Machine tools are machines that process return materials or workpieces of metals or other materials to obtain the required geometric shape, dimensional accuracy and surface quality. They are machines that manufacture machines, also known as ind

2025/04/2211:50:36 hotcomm 1549

China Business Information Network: Machine tools are machines that process return materials or workpieces of metals or other materials to obtain the required geometric shapes, dimensional accuracy and surface quality. They are machines that manufacture machines, also known as industrial master machines, working master machines or tool machines. In the long run, benefiting from the rapid development of new energy vehicles, national defense and military industry, aerospace and engineering machinery and other industries, my country's machine tool industry will usher in new development opportunities.

metal cutting machine tool market size has grown steadily

After the epidemic, due to the combined influence of multiple factors such as my country's strong recovery in manufacturing, machine tool industry equipment update demand support, and machine tool domestic substitution, my country's machine tool industry began to recover. In 2021, the market size of metal cutting machine tools reached 67.859 billion yuan, a year-on-year increase of 29%. It is estimated that my country's metal cutting machine tool market size will reach 72.609 billion yuan in 2022.

China Business Information Network: Machine tools are machines that process return materials or workpieces of metals or other materials to obtain the required geometric shape, dimensional accuracy and surface quality. They are machines that manufacture machines, also known as ind - DayDayNews

Data source: MIRDATABANK, China Business Industry Research Institute compiled

Yield analysis

According to statistics from the China Machine Tools Industry Association , the output of metal cutting machine tools of large-scale enterprises in 2021 was 602,000 units, a year-on-year increase of 35%. From 2016 to 2021, the output of metal cutting machine tools in my country showed a trend of decrease first and then increase. In recent years, with the growth of demand in downstream industries, the production of metal cutting machine tools has been continuously increasing, and it is expected to reach 674,000 units in 2022.

Data source: China Machine Tools Industry Association and China Business Industry Research Institute compiled

For more information, please refer to the "Research Report on Market Prospects and Investment Opportunities of China Machine Tool Industry" released by China Business Industry Research Institute. At the same time, China Business Industry Research Institute also provides industrial big data, industrial intelligence, industrial research reports, industrial planning, park planning , the 14th Five-Year Plan, industrial investment promotion and other services.

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