High-end CNC machine tool manufacturers have great room for development

The machine tool industry is greatly influenced by the downstream demand. About 60% of the fixed assets investment in the downstream industry is used to purchase machine tools. According to the understanding of the China Machine Tool Network, during the “12th Five-Year Plan” period, investment in the industry, automotive, high-speed rail, construction machinery and other industries in the machine tool industry grew rapidly, and the industrial structure was adjusted. The demand for medium and high-end CNC machine tools continued to increase. According to analysis by the International Model Association Secretary General Luo Baihui, by 2020 the ratio of low-to-medium-end high-end CNC machine tools will reach 20:60:20, and the annual demand for mid-to-high-end CNC machine tools will be 120,000 units, which will have a broad market space.