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Machine tool foreign companies are optimistic about the prospects of China's machine tool market

    For a long time, machine tool foreign companies in China have been one of the important components of my country's machine tool industry. According to the statistics of the National Bureau of Statistics, among the more than 4,000 enterprises in China's machine tool industry, the proportion of Hong Kong, Macao, Taiwan and foreign holding companies is more than 10%. Among them, there are mainly direct-operated factories in China including Demag, Slavin in Germany, Mitsubishi Electric and Sodick in Japan, Harding, Haas in the United States, Sandvik, Seco in Sweden, and Doosan in South Korea. These enterprises have brought a lot of capital and technical support while acquiring labor and market in China, and have made great contributions to the development of the domestic machine tool market.
 
    Machine tool foreign companies are optimistic about the prospects of China's machine tool market
 
    Although affected by the global economic downturn in the past few years, my country's machine tool market has encountered many problems such as a sluggish market and slow development. However, in the whole year of 2017, China's machine tool market as a whole has recovered, the total demand has slowed down and stabilized, and there is a tendency to enter the bottom operation, and the demand structure is rapidly upgraded, CNC, automation, intelligent and high Precision and efficient processing and manufacturing technology quickly occupy the dominant position in consumption. Under such circumstances, foreign companies have expressed their optimism about the prospects of the Chinese machine tool market, and strengthened the localization layout.
 
  Early this year, the German high-end manufacturing company Esvi Machine Tool Co., Ltd. actively deployed in the Chinese market. After seeing the rapid development and important geographical advantages of Yongchuan District in Chongqing in recent years, Esvi Machine Tool invested in the construction of a machine tool production base project in Yongchuan, hoping to further broaden the road of enterprise development. Esvi's strategic layout in China shows that it attaches importance to the Chinese market and is optimistic about China's future market.
 
   It is not only one case that giant companies are actively entering the Chinese market. Not long ago, German EMAG Group also announced the establishment of Chongqing Machinery Co., Ltd., which is EMAG Group’s second market and technical service company in China.
 
"China is the largest and most potential market," Dr. Schmidt of the DMG machine tool company said in an interview. "To truly open up the Asian market, we must choose the most important market in China." For this reason, Germany Maggie adjusted the strategic focus of the Asia-Pacific region and moved the Asia-Pacific headquarters from the original Singapore to Shanghai, China.
 
  In the past 2017, the overall operating conditions of foreign companies in China have been good. According to the data, most of the foreign companies in China in 2017 achieved a lot, and many companies achieved 30-50% growth. Among them, the overall performance of Siemens in 2017 increased by 40%, and the high-end product business soared by 60%; the business of Mitsubishi Electric and SCHUNK in China increased by 30% and 40% in 2017. Among machine tool host companies, both DMG MORI and MAZAK achieved good growth in 2017. The former even reached a peak in recent years, an increase of 30%; ABB's business in China soared by more than 30% in January 2018 The order has reached the level of 2017 1-2 quarter. From the profitability of foreign companies, it can be seen that the Chinese machine tool market is currently in a stage of recovering growth, and the subsequent development should be more clear.
 
In general, the optimistic attitude of machine tool foreign companies towards the future development of the Chinese machine tool market comes from the huge potential and attractiveness of the Chinese market itself, and the domestic machine tool companies after high-end manufacturing technology is dominant in consumption. The lack of obvious competitiveness allows foreign companies to gain more opportunities. Therefore, domestic enterprises still urgently need to make efforts to promote technological upgrading, speed up structural adjustment, and enhance competitiveness. The increase is mainly due to the rapid growth of demand in the Chinese market.

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