Machine Tools in China

As Quoted In Canadian Industrial Equipment News

Economic plans such as the Strategic Emerging Industries (SEIs), which targets “indigenous innovation” for beneficial government treatment, will be especially salient to the machine tool industry.

Demand in China to grow 14.2% yearly through 2014

Demand for machine tools in China is projected to grow 14.2 percent annually to ¥389 billion in 2014. This strong growth will bolster China’s current position as the world’s leading consumer and producer of machine tools. Both supply and demand will benefit from a number of government policies set forth in the Twelfth Five-Year Plan. Economic goals in the Plan that are especially salient to the machine tool industry are the development of Strategic Emerging Industries (SEIs), which will receive beneficial government treatment and the push for “Indigenous Innovation.”

Advanced machine tools to be subsidized

High-end equipment manufacturing is designated as one of the SEIs and will be extensively promoted by the Chinese government. Advanced machine tool manufacturing is an important segment of high-end equipment manufacturing, and as such, the industry will benefit from subsidies offered by both the central and local governments for research and development. Sales of high-end machine tools will also benefit from favorable tariff policies that will promote the sales of domestic products.

China plans to be an innovation-oriented society by 2020 and a variety of megaprojects have been introduced to achieve the goal, including the development of computerized numerical controlled (CNC) machine tools that will focus on serving key industries, such as aviation equipment, ship building, motor vehicles and generating equipment. Research and innovation in the advanced machine tool industry will be supported by government initiatives so that domestic producers can become more competitive in terms of technology, thus increasing their share of the domestic market.

The major markets for machine tools in China are industrial machinery and equipment, transportation equipment, primary and fabricated metals, and electrical and electronic equipment. Industrial machinery is the largest market for machine tools due to the extensive use of various machine tools in numerous segments of the industry. Transportation equipment manufacturing, the second largest market, has been supported by the explosive development of the automobile industry in China over the past decade.

Machine tool accessories to be fastest growing segment

Metal cutting machine tools form the largest product segment, which is about three times larger than the metal forming segment. Demand for machine tool accessories is projected to increase at an annual rate of 16.1 percent to 2014, faster than both metal cutting and metal forming machine tools.

Study Scope

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.

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Purchase Machine Tools in China by the Section

  1. Machine Tools in China

    $5,400.00

    1. 1 INTRODUCTION

      $227.00

    2. 2 EXECUTIVE SUMMARY

      $173.00

      1. Table | MACHINE TOOL DEMAND IN CHINA (billion yuan)

    3. 3 MARKET ENVIRONMENT

      $2,208.00

      1. 3.1 General

        $82.00

      2. 3.2 Economic Overview

        $512.00

        1. 3.2.1 Recent Economic Performance

          $186.00

        2. 3.2.2 Economic Outlook

          $286.00

          1. Table | GROSS DOMESTIC PRODUCT OF CHINA

      3. 3.3 Demographic Overview

        $140.00

        1. Table | POPULATION OF CHINA (million persons)

      4. 3.4 Currency Exchange Rates

        $154.00

        1. Table | CHINESE CURRENCY EXCHANGE RATES, 1999-2009 (Chinese yuan per foreign currency)

      5. 3.5 Manufacturing Overview

        $84.00

        1. Table | MANUFACTURING VALUE ADDED (billion yuan)

      6. 3.6 Gross Fixed Capital Formation Outlook

        $83.00

        1. Table | GROSS FIXED CAPITAL FORMATION IN CHINA (billion yuan)

      7. 3.7 Pricing Patterns

        $125.00

        1. Table | SELECTED MACHINE TOOL PRICING PATTERNS IN CHINA (000 yuan per unit)

      8. 3.8 Technology

        $218.00

      9. 3.9 Legal & Regulatory Environment

        $265.00

      10. 3.10 The Twelfth Five-Year Plan

        $200.00

        1. 3.10.1 Five-Year Plan Overview

          $82.00

        2. 3.10.2 Twelfth Five-Year Plan's Provisions

          $128.00

      11. 3.11 International Environment

        $206.00

      12. 3.12 Foreign Trade

        $159.00

        1. Table | CHINESE FOREIGN TRADE IN MACHINE TOOLS (billion yuan)

    4. 4 PRODUCTS

      $3,491.00

      1. 4.1 Supply & Demand

        $231.00

        1. Table | MACHINE TOOL SUPPLY & DEMAND IN CHINA (million yuan)

      2. 4.2 Metal Cutting Machine Tools

        $2,200.00

        1. Table | METAL CUTTING MACHINE TOOL SUPPLY & DEMAND IN CHINA (million yuan)

        2. 4.2.1 Lathes, Milling & Related Machines

          $634.00

          1. Table | LATHE, MILLING & RELATED MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

          2. Table | LATHE SUPPLY & DEMAND IN CHINA (million yuan)

          3. Table | MILLING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

          4. Table | DRILLING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

          5. Table | BORING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

        3. 4.2.2 Machining Centers & Related Machines

          $370.00

          1. Table | MACHINING CENTER & RELATED MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

        4. 4.2.3 Grinding & Related Machines

          $346.00

          1. Table | GRINDING & RELATED MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

          2. Table | GRINDING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

          3. Table | SHARPENING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

          4. Table | POLISHING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

        5. 4.2.4 EDM, Laser & Related Machines

          $398.00

          1. Table | EDM, LASER & RELATED MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

        6. 4.2.5 Gear Cutting, Shaping & Other Metal Cutting Machines

          $272.00

          1. Table | GEAR CUTTING, SHAPING & OTHER MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

          2. Table | GEAR CUTTING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

          3. Table | SHAPING & RELATED MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

          4. Table | OTHER METAL CUTTING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

      3. 4.3 Metal Forming Machine Tools

        $817.00

        1. Table | METAL FORMING MACHINE TOOL SUPPLY & DEMAND IN CHINA (million yuan)

        2. 4.3.1 Presses & Other Forging Machines

          $246.00

          1. Table | PRESSES & OTHER FORGING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

        3. 4.3.2 Bending, Shearing & Punching Machines

          $282.00

          1. Table | BENDING, SHEARING & PUNCHING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

          2. Table | BENDING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

          3. Table | SHEARING & PUNCHING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

        4. 4.3.3 Other Metal Forming Machines

          $143.00

          1. Table | OTHER METAL FORMING MACHINE SUPPLY & DEMAND IN CHINA (million yuan)

      4. 4.4 Machine Tool Accessories

        $242.00

        1. Table | MACHINE TOOL ACCESSORY SUPPLY & DEMAND IN CHINA (million yuan)

        2. 4.4.1 Measuring Tools

          $82.00

        3. 4.4.2 Cutting Tools

          $82.00

        4. 4.4.3 Tool Holders & Headings

          $82.00

    5. 5 MARKETS

      $1,415.00

      1. 5.1 General

        $178.00

        1. Table | MACHINE TOOL DEMAND IN CHINA BY MARKET (million yuan)

      2. 5.2 Industrial Machinery

        $280.00

        1. 5.2.1 Industrial Machinery Capital Formation Outlook

          $123.00

          1. Table | INDUSTRIAL MACHINERY FIXED CAPITAL FORMATION IN CHINA (billion yuan)

        2. 5.2.2 Machine Tool Market

          $111.00

          1. Table | INDUSTRIAL MACHINERY MACHINE TOOL DEMAND IN CHINA (million yuan)

      3. 5.3 Transportation Equipment

        $406.00

        1. 5.3.1 Transportation Equipment Fixed Capital Formation Outlook

          $162.00

          1. Table | TRANSPORTATION EQUIPMENT FIXED CAPITAL FORMATION IN CHINA (billion yuan)

        2. 5.3.2 Machine Tool Market

          $164.00

          1. Table | TRANSPORTATION EQUIPMENT MACHINE TOOL DEMAND IN CHINA (million yuan)

      4. 5.4 Primary & Fabricated Metal

        $196.00

        1. 5.4.1 Metal Fixed Capital Formation Outlook

          $82.00

          1. Table | PRIMARY & FABRICATED METALS FIXED CAPITAL FORMATION IN CHINA (billion yuan)

        2. 5.4.2 Machine Tool Market

          $82.00

          1. Table | PRIMARY & FABRICATED METALS MACHINE TOOL DEMAND IN CHINA (million yuan)

      5. 5.5 Electrical & Electronic

        $250.00

        1. 5.5.1 Electrical & Electronic Equipment Fixed Capital Formation Outlook

          $114.00

          1. Table | ELECTRICAL & ELECTRONIC PRODUCT FIXED CAPITAL FORMATION IN CHINA (billion yuan)

        2. 5.5.2 Machine Tool Market

          $86.00

          1. Table | ELECTRICAL & ELECTRONIC PRODUCT MACHINE TOOL DEMAND IN CHINA (million yuan)

      6. 5.6 Other Markets

        $105.00

        1. Table | OTHER MARKETS MACHINE TOOL DEMAND IN CHINA (million yuan)

    6. 6 REGIONAL TRENDS

      $1,852.00

      1. 6.1 General

        $158.00

      2. 6.2 Regional Demographic & Economic Trends

        $229.00

        1. 6.2.1 Population Patterns

          $91.00

          1. Table | POPULATION OF CHINA BY REGION (million persons)

        2. 6.2.2 Economic Outlook

          $82.00

          1. Table | GROSS DOMESTIC PRODUCT OF CHINA BY REGION (billion yuan)

      3. 6.3 Regional Manufacturing Value Added Outlook

        $82.00

        1. Table | MANUFACTURING VALUE ADDED IN CHINA BY REGION (billion yuan)

      4. 6.4 Regional Fixed Capital Formation Outlook

        $130.00

        1. Table | GROSS FIXED CAPITAL FORMATION IN CHINA BY REGION (billion yuan)

      5. 6.5 Regional Machine Tool Demand

        $1,253.00

        1. Table | MACHINE TOOL DEMAND IN CHINA BY REGION (million yuan)

        2. 6.5.1 Central-North

          $209.00

          1. Table | CENTRAL-NORTH REGION OF CHINA: MACHINE TOOL DEMAND (million yuan)

        3. 6.5.2 Northeast

          $226.00

          1. Table | NORTHEAST REGION OF CHINA: MACHINE TOOL DEMAND (million yuan)

        4. 6.5.3 Central-East

          $179.00

          1. Table | CENTRAL-EAST REGION OF CHINA: MACHINE TOOL DEMAND (million yuan)

        5. 6.5.4 Central-South

          $197.00

          1. Table | CENTRAL-SOUTH REGION OF CHINA: MACHINE TOOL DEMAND (million yuan)

        6. 6.5.5 Southwest

          $193.00

          1. Table | SOUTHWEST REGION OF CHINA: MACHINE TOOL DEMAND (million yuan)

        7. 6.5.6 Northwest

          $177.00

          1. Table | NORTHWEST REGION OF CHINA: MACHINE TOOL DEMAND (million yuan)

    7. 7 INDUSTRY STRUCTURE

      $5,434.00

      1. 7.1 General

        $82.00

      2. 7.2 Industry Composition

        $102.00

        1. Table | REVENUE DATA: SELECTED MACHINE TOOL COMPANIES, 2009 (million yuan)

      3. 7.3 Market Share

        $287.00

      4. 7.4 Product Development & Manufacturing

        $95.00

      5. 7.5 Marketing & Distribution

        $133.00

      6. 7.6 Financial Issues & Requirements

        $119.00

      7. 7.7 Mergers & Acquisitions

        $116.00

        1. Table | SELECTED ACQUISITIONS & DIVESTITURES

      8. 7.8 Foreign Participation in the Chinese Market

        $519.00

        1. 7.8.1 Legal & Regulatory Issues

          $162.00

        2. 7.8.2 Joint Ventures

          $197.00

          1. Table | SELECTED JOINT VENTURES

        3. 7.8.3 Wholly Owned Foreign Enterprises

          $82.00

        4. 7.8.4 Representative Offices

          $82.00

      9. 7.9 Company Profiles

        $4,308.00

        1. 7.9.1 Amada Company Limited

          $226.00

        2. 7.9.2 Beijing No. 1 Machine Tool Plant

          $189.00

        3. 7.9.3 China General Technology Group Holding Company Limited

          $137.00

        4. 7.9.4 Chongqing Machinery & Electric Company Limited

          $133.00

        5. 7.9.5 Dalian Machine Tool Group Corporation

          $209.00

        6. 7.9.6 Gildemeister AG

          $117.00

        7. 7.9.7 Guangzhou Machine Tool Works Company Limited

          $82.00

        8. 7.9.8 Guilin Machine Tool Company Limited

          $82.00

        9. 7.9.9 Hangzhou Machine Tool Group Company Limited

          $199.00

        10. 7.9.10 Hanland Machine Tool Group Company Limited

          $108.00

        11. 7.9.11 INDEX-Werke GmbH & Company KG Hahn & Tessky

          $162.00

        12. 7.9.12 Jack Holding Group Company Limited

          $82.00

        13. 7.9.13 Jiangsu Shinri Machine Tool Group Company Limited

          $107.00

        14. 7.9.14 Jiangsu Xuzhou Metalforming Machine Group Company Limited

          $82.00

        15. 7.9.15 Jiangsu Yangli Group

          $82.00

        16. 7.9.16 Jiangsu Yawei Machine Tool Company Limited

          $131.00

        17. 7.9.17 Jier Machine-Tool Group Company Limited

          $99.00

        18. 7.9.18 MAG IAS Holdings Incorporated

          $141.00

        19. 7.9.19 Mori Seiki Company Limited

          $186.00

        20. 7.9.20 Okuma Corporation

          $114.00

        21. 7.9.21 Qinchuan Machine Tool Group Company Limited

          $210.00

        22. 7.9.22 Qinghai Huading Industrial Company Limited

          $82.00

        23. 7.9.23 Shandong Lunan Machine Tool Company Limited

          $82.00

        24. 7.9.24 Shanghai Electric Group Company Limited

          $82.00

        25. 7.9.25 Shenyang Machine Tool Group Company Limited

          $294.00

        26. 7.9.26 Sichuan Changzheng Machine Tool Company Limited

          $82.00

        27. 7.9.27 Suzhou Sanguang Science & Technology Company Limited

          $82.00

        28. 7.9.28 Tiangong International Company Limited

          $82.00

        29. 7.9.29 Tianjin No. 1 Machine Tool Works

          $96.00

        30. 7.9.30 Tianshui Spark Machine Tool Company Limited

          $86.00

        31. 7.9.31 TONTEC Technology Investment Group Company Limited

          $82.00

        32. 7.9.32 TRUMPF Group

          $126.00

        33. 7.9.33 Weihai Huadong Automation Company Limited

          $82.00

        34. 7.9.34 Wuhan Heavy Duty Machine Tool Group Company Limited

          $137.00

        35. 7.9.35 Yamazaki Mazak Corporation

          $121.00

        36. 7.9.36 Zhejiang Kaida Machine Tool Group Limited

          $82.00

        37. 7.9.37 Zhejiang Tianma Bearing Company Limited

          $88.00

      10. 7.10 Other Companies Mentioned in the Study

        $82.00

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