The machine tool industry must strive to the high end

Last year, the market demand for machinery products was weak. The annual output of CNC machine tools was 205,700 units, a year-on-year decrease of 16.19%. Significant reductions in new orders, sharp increase in capital occupation, a large number of idle manufacturing resources, and an ever-increasing contradiction between supply and demand, have become the main problems facing the machine tool industry.

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. While high-end products have long been dependent on imports, domestic companies are also facing the severe challenges of international competition.

Faced with the new market situation, the machine tool industry must actively accelerate the adjustment of industrial structure, take the initiative to eliminate low-value-added backward products, and insist on improving the market competitiveness of high-end products as one of the core goals of transformation and upgrading. Domestic machine tool companies must focus on breakthroughs in core technologies, so that product accuracy is truly recognized by users in terms of maintainability, stability, and reliability. In particular, efforts should be made to accelerate the industrialization and commercialization of technological innovation achievements, and to completely solve domestic high-end machine tools. Imported machine tools have driven the industry into a continuous, rational, and stable growth phase compared to the problem of “not resembling God”.

It can be expected that under the action of the market forces, the transformation and upgrading of China's machine tool industry will accelerate, and high-quality, high-efficiency and high-end will become the direction of transformation. Among them, the development of high-end CNC machine tools as the basis for developing high-end equipment such as marine and aerospace, and increasing investment in its development is a key point.