China's machine tool industry changes in four directions

Facing the future, if China is to become a world industrial power, establishing an independent, new, and strategic innovation model of production, research, and research is the only way to support the technical adjustment of product structure. The transformation of China's machine tools is reflected in four aspects:

First, the international competition in the domestic market has intensified.

Due to the shrinking market of middle and low-end CNC machine tools and excess production capacity, coupled with the influx of foreign products at low prices, market competition will further intensify. High-end products have been relying on imports for a long time, and domestic products are facing more severe challenges in international competition.

Second, the technology-leading strategy is shifting to a customer-centric strategy.

The economic crisis will often lead to large-scale industrial upgrading and enterprise transformation. The core of the machine tool industry is to focus on customers and actively provide personalized services that customers need. Therefore, from the simple sale of products to the provision of a total solution, from technology-centered to customer-centric transformation has become the current trend.

Third, there is a big contrast between China's products and the Chinese market, and the product structure needs to be quickly adjusted.

Although China's machine tool industry continues to grow rapidly for many years, but the phenomenon of unreasonable industrial and product structure still exists, the entire industry is large and not strong, high-end products also rely heavily on imports. At present, although the domestic market share of domestic machine tools has been somewhat improved, but the high-end CNC machine tools, core functional components in the domestic market share is still very low, the potential for the industry to replace imports is very great.

Fourth, corporate technology encounters a new blockade, and the establishment of an independent, new, and strategic innovation model of production, research, and research is the only way to support the technical adjustment of product structure.

As the status, industrialization level, and brand influence of China's machine tool companies are gradually improving, to become an industrial power, the acquisition of its technology can no longer rely on others. In the past, we took a road from imitation to introduction. From now on, we must take the road of independent innovation. Due to the development of China's industrialization and market demand, it will certainly give birth to a powerful machine tool industry, and in this process due to the intensified international competition, the development of the Chinese machine tool industry will encounter a new technology blockade.