NEW YORK, Jan. 6, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
US Machine Tools in China Market
INTRODUCTION
The Freedonia Group Incorporated is a leading international industry study/database company. Founded in 1985, Freedonia publishes more than 125 studies each year, covering such areas as building materials, chemicals, health care, packaging, pharmaceuticals, plastics, security, and many other industries. Studies cover entire industry sectors as well as key niche markets. Each study includes such valuable intelligence as growth markets and products, market share, product analyses and forecasts, market analyses and forecasts, and company profiles. Studies specific to China also place the industry into its international context.
This study analyzes the machine tool industry in China. The following types of machinery are covered: metal cutting machines (such as lathes, milling machines, drilling machines, boring machines, machining centers, grinding machines, electrical discharge machines, and others), metal forming machines (pressing and forging machines, bending and shearing machines, and others) and machine tool accessories (measuring tools, cutting tools, and tool holders and headings). The major markets for machine tools covered in the study are industrial machinery, transportation equipment, primary and fabricated metals, and electrical and electronic products.
Excluded from the scope of the study are tools designed for wood processing or home use, as well as industrial pattern, welding apparatus, and other types of metalworking machinery. Also excluded are hand-held, manual, and portable power tools. The Special Administrative Regions of Hong Kong and Macau are excluded from the scope of this study. Both Hong Kong and Macau remain, to a great extent, economically independent from the rest of the country, even though they returned to the People's Republic of China in the late 1990s. Taiwan, which is economically independent from the rest of China and not under the administration of the central government, is also excluded from the scope of this study.
Historical data for 2002, 2007, and 2012 and forecasts for 2017 and 2022 are provided in current yuan for machine tool demand, shipments, imports, and exports, as well as for all major machine tool markets. Historical data and forecasts for demand by detailed product classifications and regional market are also in current yuan. The term "demand" -- used interchangeably with "market," "sales", and "consumption" -- is defined as all shipments from Chinese plants, plus imports, minus exports.
The renminbi (or RMB) is the official currency of the People's Republic of China, and the base unit of the renminbi is the yuan. The term "yuan" is used throughout this report when referring to currency amounts. The overall value of construction expenditures is also provided in US dollars. Generally, the official currency exchange rate is used in each year to convert current yuan to current dollars (with the November 1, 2013 exchange rate being used for 2017 and 2022).
In addition, major machine tool manufacturers active in China are identified and profiled, and the key competitive variables are discussed. The entire report is framed within the Chinese machine tool industry's economic and market environments, and variables affecting machine tool supply and demand in the country (such as government plans and regulations, inflation and interest rates, manufacturing production, gross fixed capital formation, population trends, and overall economic performance) are emphasized. Machine tool market share data by enterprise presented in the "Industry Structure" section is estimated based on consultations with multiple sources. Tabular details may not always add to totals due to rounding. Economic and demographic indicators presented in this study were obtained from The Freedonia Group Consensus Forecasts dated June 2013. A wide variety of primary and secondary sources were used in the compilation of this report. These include the China Industrial Machinery Association, the China Machine Tool & Tool Builders' Association, the China Machinery Industry Federation, and the Chinese Mechanical Engineering Society. Also used were data from Chinese government statistical agencies (principally China's National Bureau of Statistics), as well as other government bodies such as the Ministry of Commerce and the Ministry of Industry and Information Technology.
In addition, data and background information were obtained from various news and trade publications, including China Automotive News, China Daily, China Industry News, Machine Tool Electric Apparatus, and Manufacturing Technology & Machine Tool. Corporate annual reports, product literature, and unpublished data obtained through personal contacts were also used in framing the industry and market environments and as input for market size assessments. Statistics from various sources were carefully examined during the preparation of this study, and contradictions and discrepancies among data sources were noted. The accuracy and reliability of figures from each source were evaluated, and adjustments were made where deemed necessary. This was done in order to arrive at a consistent set of machine tool industry statistics,
which are based on the best available information at the time of publication. As a result, the data presented here may differ, sometimes substantially, from figures issued by official government sources.
Demand in China to grow 9.2% yearly through 2017
Demand for machine tools in China is forecast to increase 9.2 percent per year to ¥600 billion in 2017. Gains will be stimulated by healthy growth in manufacturing production, especially in the industrial machinery and transportation equipment industries. In addition, a continuing shift in the product mix toward higher-value product types such as machining centers, CNC machine tools, and multitasking machine tools will help drive market advances in value terms. Moreover, increasing regulations regarding energy conservation will lead to growth in demand for energy-efficient machine tools.
Shipments to slightly outpace domestic demand
Machine tool shipments in China are projected to slightly outpace demand through 2017, benefiting from sizable expansions in the domestic market as well as rising demand for Chinese machine tools in a number of export markets as the quality of Chinese machine tools continues to improve. Exports of machine tools will rise at a strong annual through 2017, driven by improved product quality, especially in small CNC machine tools, while prices remain competitive. Government policies to subsidize the research and development of high precision, high speed, and relatively more sophisticated machine tools will also support product sales. China will continue to see its trade deficit in machine tools expand for the foreseeable future. As imports rise through 2017, foreign suppliers will continue to benefit from growing demand for the precise and sophisticated machine tools needed to manufacture advanced machines. In addition, decreases in tariffs on imported machine tools will also drive sales of imported products through 2017.
Metal forming machine tools to be fastest growing
Metal cutting machine tools will continue to be the largest product segment in 2017, benefiting from their relatively wider range of applications in durable goods production and a comparatively greater variety of metal cutting product types. In addition, growing demand for highlyadvanced and comprehensive metal cutting machines -- especially for machining centers and multitasking machines -- will further boost product sales. Growth in demand for metal forming equipment is forecast to slightly outpace that of metal cutting machine tools through 2017, benefiting from strong growth anticipated in the motor vehicle, shipbuilding, aerospace, and power transmission and distribution industries.
Gains in key markets to track average industry pace
The industrial machinery and transportation equipment markets have the largest impact on overall machine tool sales, as they accounted for well over half of all demand in 2012. Gains in these two markets are forecast to be near the market average through 2017. Sustained plans to expand durable goods production, facility renovations, and new product innovation in all markets will continue to stimulate growth. Machine tool demand in the electrical and electronics market is also expected to expand near the average rate through 2017, benefiting from strong increases in fixed investment in the home appliance and power generating equipment industries. Machine tool demand in the primary and fabricated metal market will be spurred by continued expenditures in construction projects.
INTRODUCTION
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
Economic Overview 5
Recent Economic Performance 6
Economic Outlook 7
Demographic Overview 10
Currency Exchange Rates 13
Manufacturing Overview 16
Gross Fixed Capital Formation Outlook 19
Pricing Patterns 22
Technology 25
NC & CNC Machine Tools 26
Laser, EDM, & Other Advanced Systems 27
Legal & Regulatory Environment 28
The Twelfth Five Year Plan 31
Five-Year Plan Overview 31
Twelfth Five-Year Plan's Provisions 32
International Environment 34
Foreign Trade 36
III. PRODUCTS 39
Supply & Demand 39
Metal Cutting Machine Tools 42
Lathes, Milling, & Related Machines 45
Lathes 47
Milling Machines 50
Boring Machines 52
Drilling Machines 53
Machining Centers & Related Machines 55
Vertical 59
Horizontal 59
Plano 60
Other 60
Grinding & Related Machines 60
Grinding Machines 62
Sharpening Machines 64
Polishing Machines 66
Multitasking Machines 67
Laser, EDM, & Related Machines 69
Laser Machines 72
EDM 73
Other Special Processing Machines 74
Other Metal Cutting Machines 75
Gear Cutting Machines 76
Shaping & Related Machines 77
All Other Metal Cutting Machines 79
Metal Forming Machine Tools 80
Presses & Other Forging Machines 82
Mechanical Presses 85
Hydraulic Presses 85
Other Forging Machines 86
Bending, Shearing, & Punching Machines 86
Bending Machines 88
Shearing & Punching Machines 90
Other Metal Forming Machine Tools 92
Machine Tool Accessories 94
Cutting Tools 96
Tool Holders & Headings 97
Measuring Tools 97
IV. MARKETS 99
General 99
Industrial Machinery 101
Industrial Machinery Gross Fixed Capital Formation
Outlook 102
Machine Tool Market 104
Transportation Equipment 106
Transportation Equipment Gross Fixed Capital Formation
Outlook 107
Machine Tool Market 110
Electrical & Electronics 113
Electrical & Electronic Equipment Gross Fixed Capital
Formation Outlook 114
Machine Tool Market 116
Primary & Fabricated Metals 118
Primary & Fabricated Metals Gross Fixed Capital
Formation Outlook 119
Machine Tool Market 121
Other Markets 123
V. REGIONAL TRENDS 125
General 125
Regional Demographic & Economic Trends 127
Population Patterns 128
Economic Outlook 130
Regional Manufacturing Value Added Outlook 131
Regional Manufacturing Gross Fixed Capital Formation
Outlook 133
Regional Machine Tool Demand 134
Central-North 138
Overview 138
Machine Tool Demand 140
Northeast 143
Overview 143
Machine Tool Demand 145
Central-East 148
Overview 148
Machine Tool Demand 150
Central-South 153
Overview 153
Machine Tool Demand 155
Southwest 158
Overview 158
Machine Tool Demand 160
Northwest 162
Overview 162
Machine Tool Demand 164
VI. INDUSTRY STRUCTURE 167
General 167
Industry Composition 168
Market Share 171
Product Development & Manufacturing 174
Marketing & Distribution 175
Financial Issues & Requirements 177
Mergers & Acquisitions 179
Foreign Participation in the Chinese Market 180
Company Profiles 185
Amada Company Limited 186
Baoji Machine Tool Group, see Shaanxi Qinchuan
Machine Tool & Tool Group
Beijing Jingcheng Machinery Electric Holding
Company Limited 189
BYJC-Okuma Beijing Machine Tool, see Beijing
Jingcheng Machinery Electric Holding and Okuma
China General Technology Group Holding
Company Limited 191
Chongqing Machinery & Electric Company Limited 193
Dalian Machine Tool Group Corporation 194
DMG MORI SEIKI AG 197
DMG MORI SEIKI Company Limited 199
Gildemeister, see DMG MORI SEIKI AG
Guangzhou Machine Tool Works Company Limited 202
Guilin Machine Tool Company Limited 203
Hangzhou Machine Tool Group Company Limited 204
Hanland Machine Tool Group Company Limited 205
Harbin Measuring and Cutting Tool Group, see China
General Technology Group Holding
Jack Holding Group Company Limited 207
Jiangsu Shinri Heavy Industrial Science & Technology
Company Limited 208
Jiangsu Xuzhou Metalforming Machine Group
Company Limited 209
Jiangsu Yangli Group Company Limited 210
Jiangsu Yawei Machine Tool Company Limited 212
Jier Machine-Tool Group Company Limited 214
Jinan First Machine Tool Company Limited 215
JTEKT Corporation 216
Komatsu Limited 218
MAG Europe GmbH 220
Mori Seiki, see DMG MORI SEIKI Company Limited
Okuma Corporation 223
Qier Machine Tool Group, see China General Technology
Group Holding
Qinghai Huading Industrial Company Limited 225
SCHIESS, see Shenyang Machine Tool Group
Shaanxi Hanjiang Machine Tool, see Shaanxi Qinchuan
Machine Tool & Tool Group
Shaanxi Qinchuan Machine Tool & Tool Group
Company Limited 226
Shandong Lunan Machine Tool Company Limited 229
Shanghai Electric Group Company Limited 230
Shenji Group Kunming Machine Tool, see Shenyang
Machine Tool Group
Shenyang Machine Tool Group Company Limited 232
Sichuan Changzheng Machine Tool Group Company Limited 236
Suzhou Sanguang Science & Technology Company Limited 237
Tiangong International Company Limited 238
Tianjin BENEFO Machinery & Electric Holding Group Limited 239
Tianshui Spark Machine Tool Company Limited 241
TONTEC Technology Investment Group Company Limited 242
TRUMPF Group 243
Weihai Huadong Automation Company Limited 245
Wuhan Heavy Duty Machine Tool Group
Company Limited 246
Yamazaki Mazak Corporation 247
Yunnan CY Group, see Shenyang Machine Tool Group
Zhejiang Kaida Machine Tool Group Limited 249
Other Companies Mentioned in Study 250
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 Gross Domestic Product of China 10
2 Population of China 12
3 Chinese Currency Exchange Rates, 2002-2012 15
4 Manufacturing Value Added in China 19
5 Gross Fixed Capital Formation in China 22
6 Selected Machine Tool Pricing Patterns in China 24
7 Chinese Foreign Trade in Machine Tools 38
SECTION III -- PRODUCTS
1 Machine Tool Supply & Demand in China 41
2 Metal Cutting Machine Tool Supply & Demand in China 44
3 Lathe, Milling, & Related Machine Supply & Demand in China 47
4 Lathe Supply & Demand in China 49
5 Milling Machine Supply & Demand in China 52
6 Boring Machine Supply & Demand in China 53
7 Drilling Machine Supply & Demand in China 55
8 Machining Center & Related Machine Supply & Demand in China 58
9 Grinding & Related Machine Supply & Demand in China 62
10 Grinding Machine Supply & Demand in China 64
11 Sharpening Machine Supply & Demand in China 66
12 Polishing Machine Supply & Demand in China 67
13 Multitasking Machine Supply & Demand in China 69
14 Laser, EDM, & Related Machine Supply & Demand in China 72
15 Other Metal Cutting Machine Supply & Demand in China 76
16 Gear Cutting Machine Supply & Demand in China 77
17 Shaping & Related Machine Supply & Demand in China 78
18 All Other Metal Cutting Machine Supply & Demand in China 79
19 Metal Forming Machine Tool Supply & Demand in China 82
20 Presses & Other Forging Machine Supply & Demand in China 84
21 Bending, Shearing, & Punching Machine Supply & Demand in China 88
22 Bending Machine Supply & Demand in China 90
23 Shearing & Punching Machine Supply & Demand in China 92
24 Other Metal Forming Machine Supply & Demand in China 94
25 Machine Tool Accessory Supply & Demand in China 96
SECTION IV -- MARKETS
1 Machine Tool Demand in China by Market 100
2 Industrial Machinery Gross Fixed Capital Formation
in China 104
3 Industrial Machinery Market for Machine Tools in China 106
4 Transportation Equipment Gross Fixed Capital Formation
in China 110
5 Transportation Equipment Market for Machine Tools
in China 113
6 Electrical & Electronic Product Gross Fixed Capital
Formation in China 116
7 Electrical & Electronic Product Market for Machine Tools
in China 118
8 Primary & Fabricated Metals Gross Fixed Capital Formation
in China 121
9 Primary & Fabricated Metals Market for Machine Tools
in China 123
10 Other Markets for Machine Tools in China 124
SECTION V -- REGIONAL TRENDS
1 Population of China by Region 129
2 Gross Domestic Product of China by Region 131
3 Manufacturing Value Added in China by Region 132
4 Manufacturing Gross Fixed Capital Formation in China
by Region 134
5 Machine Tool Demand in China by Region 137
6 Central-North Region of China: Machine Tool Demand 143
7 Northeast Region of China: Machine Tool Demand 148
8 Central-East Region of China: Machine Tool Demand 153
9 Central-South Region of China: Machine Tool Demand 158
10 Southwest Region of China: Machine Tool Demand 162
11 Northwest Region of China: Machine Tool Demand 166
SECTION VI -- INDUSTRY STRUCTURE
1 Selected Machine Tool Sales in China by Company, 2012 170
2 Selected Cooperative Agreements 182
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
1 Population of China by Age, 2002-2022 13
2 Chinese Currency Exchange Rates, 2002-2012 16
SECTION III -- PRODUCTS
1 Machine Tool Demand in China by Product, 2012 42
SECTION IV -- MARKETS
1 Machine Tool Demand in China by Market, 2012 101
SECTION V -- REGIONAL TRENDS
1 Machine Tool Demand in China by Region, 2012 138
2 Central-North Region of China 140
3 Northeast Region of China 145
4 Central-East Region of China 150
5 Central-South Region of China 155
6 Southwest Region of China 160
7 Northwest Region of China 164
SECTION VI -- INDUSTRY STRUCTURE
1 Machine Tool Market Share in China by Company, 2012 171
To order this report: US Machine Tools in China Market
http://www.reportlinker.com/p0701176/US-Machine-Tools-in-China-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Machine_Tool_and_Equipment
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