Assessment of China's Market for CNC Metal Cutting Machine Tools

DUBLIN, October 29, 2014 /PRNewswire/ --

Dublin - Research and Markets (http://www.researchandmarkets.com/research/89x3xd/assessment_of) has announced the addition of the "Assessment of China's Market for CNC Metal Cutting Machine Tools" report to their offering.

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This study provides an in-depth understanding of the CNC metal-cutting machine tool market in Mainland China. The report covers the overall market as well as providing detailed analysis on six product categories: CNC machining centers, CNC lathes, CNC milling machines, CNC drills, CNC grinders and CNC boring machines. The report is based on a study of the production, sales, distribution and application of CNC metal-cutting machine tools across China, and in their predominant end-user industries (target market). Included is a quantitative and qualitative assessment of the market's size, trends, development, key participants and opportunities.

The report estimates that the domestic market for computer numerical control metal-cutting machine tools in China is valued at RMB 90.2 Bn by the end of 2013. The study finds that the market will experience a downturn relative to the GDP growth rate in the next few years, driven by contractions in major downstream industries, as well as a lag effect in sales as manufacturers across multiple industries struggle to reach optimal output capacity rates prior to looking to new machine tool purchases. However, as downstream growth rates stabilize the domestic market for CNC machine tools is expected to expand, with growth rates reaching positive numbers by late 2016.

The report features in-depth analysis of six key CNC metal-cutting machine tool products - CNC machining centers, lathes, milling machines, drills, grinders and boring machines - and finds that the market is gradually shifting towards higher quality machine tools with the ability to carry out multiple functions autonomously. The majority of CNC machine tools are used in the manufacturing of automobiles and construction machinery, followed by aircraft and telecom equipment. Other key applications of consideration include instrumentation devices, electrical equipment, ships and agricultural machinery.

CNC metal-cutting machine tools are intimately tied to China's manufacturing sector as a whole, and as the nation continues to be the largest manufacturer for a wide range of products and the rise of local labor continues to rise, the need for automated machinery will exist. Recent downturns in demand in large part reflect medium-tern economic downturns and do not undermine the necessity of this market, and China's recent focus on improving the quality and technological superiority of its offerings ensure a long-term demand for CNC machine tools.

Key Topics Covered:

Chapter 1: Introduction
I. Introduction
II. Definitions and Process

Chapter 2: Total Analysis
I. Executive Summary
II. Market Figures
III. Competitive Analysis
IV. Channel Player Analysis

Chapter 3: Segment Analysis
I. CNC Machining Center
II. CNC Lathe
III. CNC Milling Machine
IV. CNC Drill
V. CNC Grinder
VI. CNC Boring Machine


Companies Mentioned:

• Agathon Trading
• Agie Charmilles China
• Baoji Machine Tool
• Beijing No. 1 Machine Tool
• Beijing Smart Trade
• Changzheng Machine Tool Group
• Chiron China
• DMG
• Dalian Machine Tool Group
• Doosan
• GROB Machine Tools
• Haas Automation Asia
• Hangzhou Good Friend Precision Machinery
• Hardinge Machine
• Hermle China
• Index-Werke
• JTEKT
• Jiangsu Jianh Machinery
• Jiangsu New Best NGC Science and Technology
• Jiangsu Shinri Heavy Industry Science & Technology
• Jinan First Machine Tool Group
• MAG
• Makino
• Moriseiki
• Ningbo Htian Precision Machinery
• Okuma Machine Tool Corporation
• Qihang CNC
• Qinchuan Machine Tool & Tool Group
• Qingdao Qingji Jidian
• Qiqihar No.2 Machine Tool
• Shangh Dinggao CNC Equipment
• Shangh Funac Robotics
• Shenyang Machine Tools
• Sodick Electromechanical
• Spark Machine Tool
• Starrag Shangh
• Tornos Technologies
• Twan Tongt
• VERK CNC Machinery
• Wuhan Heavy Machine Tools Group
• Xi'an Kitamura Machine Works
• Xiand Machine Trading
• Yamazaki Mazak Machine Tool
• Yida Nippei Machine Tool Corporation

For more information visit http://www.researchandmarkets.com/research/89x3xd/assessment_of

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets