Machine tool demand in China will rise 14.2 percent annually through 2014, bolstering the country's position as the largest machine tool consumer and producer. The dominant metal cutting machine segment will slightly outpace metal forming types. The transportation equipment market will grow the fastest.
This study analyzes the 200 billion yuan machine tool industry in China. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by product (e.g., lathes, machining centers, grinding machines, EDM and laser machines, gear cutting machines, presses, bending machines), market (industrial machinery, transportation equipment, primary and fabricated metal, electrical and electronic) and geographic region.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 37 industry participants, including Shenyang Machine Tool Group, Dalian Machine Tool Group, and Qinchuan Machine Tool Group.