Increase in sales of machine tool market may narrow

The reporter was informed that the future sales growth in the international machine tool market may narrow. The industry seems that China's machine tool industry is still difficult to change the downturn in the short term, the narrow international market demand will undoubtedly give a weight to the Chinese machine tool industry, the industry's long-term brewing to increase the level of structuring will also be more difficult.

According to the data presented at the press conference of the 2015 European Machine Tool Show in Milan, Italy, machine tool sales in the global market will reach 60 billion euros this year, and will increase by 7.1% in 2016 to 64 billion euros, and will increase by 5.6% in 2017 to 67.7 billion euros. In 2018, it will increase 4.7% to 80 billion euros. According to industry analysts, the narrower increase in sales growth in the market in the future reflects the gradual decrease in the demand for the international machine tool market, which will adversely affect the structural upgrading of China's machine tool industry.

In fact, China's machine tool industry has not been out of demand, and production has contracted. In 2014, new orders for metal processing machines decreased by 2.7% year-on-year, orders in hand decreased by 0.6% year-on-year, and metal processing machine tools decreased by 2% year-on-year.

Due to the limited technical level, the domestic high-end machine tools mainly rely on imports, while the low-end machine tools have excess capacity, inventory is high, and the profit margin is small. "High-end fall, low-end melee" is the main reason for the loss of the company. Poor industry conditions, the transformation of high-end products will become the future of machine tool industry development. From the statistics of the customs, we can see that in the first quarter of this year, the export growth rate of some high-end manufacturing products such as metal processing machine tools was above 20%.

Industry insiders frankly stated that the severe market situation will become the biggest force to force industry transformation. As China's manufacturing industry gradually shifts from low-end to high-end, for machine tool manufacturing companies, not only will the industry appear to be declining in the future market. Only product competition, sales ability and financing ability will become important factors for the company to stand out in the industry.