Analysis of the current situation and development prospects of metal cutting machine tools industry in 2018

There are many ways to machine mechanical parts in the modern machine building industry, such as casting, forging, welding, cutting and various special processing methods. Among them, cutting is the main processing method for processing metal blanks into parts with certain shape, size and surface quality. Especially when processing precision parts, it mainly relies on cutting to achieve the required processing precision and surface quality. . At present, metal cutting machine tools are the main equipment for processing mechanical parts, and the workload it undertakes accounts for 40%-60% of the total machine work in general machinery manufacturing plants. The following is an analysis of the development status of the metal cutting machine tool industry in recent years. First, the global machine tool industry market scale fluctuations, the main products for metal cutting machine tools, the global machine tool industry market size and the global manufacturing boom are closely related, as the global economy has not fully recovered from the 2008 financial crisis, so the industry market size in recent years Fluctuating trend. In 2017, the global machine tool industry market size was 113.355 billion US dollars, a slight increase of 1.00%. Chart 1: Market size of the global machine tool industry in 2009-2017 (unit: billion US dollars) 20180206-ecbaf4dba9076a7c.jpg Source: Prospective Industry Research Institute Currently, from the global machine tool product structure, the most important products are still metal cutting machine tools, accounting for 52.48%, the main sub-products include lathes, drilling machines, boring machines, grinding machines, milling machines, Planer and so on. Followed by metal forming machine tools, accounting for 28.21%, the main sub-products are bending machines, shearing machines, punching machines and forging machines. Figure 2: Structural characteristics of global machine tool products (unit: %) 20180206-3f94cb30f259b54b.jpg Source: Prospective Industry Research Institute II. In recent years, China's metal cutting machine tool production and sales range has fluctuated since 2010. China's metal cutting machine tool production range has fluctuated. In 2011, the output was the largest in recent years, reaching 860,000 units. The output of metal cutting machine tools was 640,000 units, a year-on-year decrease of 17.95%. Figure 3: Cumulative production of China's metal cutting machine tools in 2011-2017 (unit: 10,000 units) 20180206-505de202b74de09c.jpg Source: China Machine Tool Association Prospective Industry Research Institute Since 2010, China's metal cutting machine tool sales have also shown a range of fluctuations. In 2014, sales volume was the largest in recent years, reaching 849,000 units. In 2017, the sales volume of metal cutting machine tools was 562,900 units, an increase of 0.99% year-on-year. Chart 4: Cumulative sales of China's metal cutting machine tools in 2011-2017 (unit: 10,000 units) 20180206-6101c48a75bcc87c.jpg Source: China Machine Tool & Tool Association Prospective Industry Research Institute III. Under the background of policy overweight, the downstream application field of cutting machine tools is huge. At present, China's metal cutting technology has developed into a large-scale, multi-variety and complete production system. From the upstream point of the industrial chain, the upstream of the metal cutting machine tool manufacturing industry mainly includes steel, casting, CNC systems and electric motors. Steel is the main raw material in the production of metal cutting machine tools. Any slight change in steel will affect the quality and cost of metal cutting machine tools. The key components of metal cutting machine tools also directly affect the performance of their products, so it can be said that the development of the foundry industry, CNC system industry and motor industry plays a crucial role in the metal cutting machine tool manufacturing industry. Calculated by purchasing cost, the foundry industry accounts for 70% of the procurement cost of the metal cutting machine tool industry. From the perspective of the downstream of the industrial chain, metal cutting machine tools can be applied not only to aerospace, electric power, shipbuilding, etc., but also to automation equipment in new energy, textile, electronics, automotive and other industries. These downstream industries are all Chinese national economies. The key industries for development have received strong support from national policies. In terms of sales revenue, the automobile manufacturing industry accounts for 45% of the sales revenue of the metal cutting machine tool manufacturing industry. Figure 5: Schematic diagram of the industrial chain of China's metal cutting machine tool manufacturing industry (unit: %) 20180206-cebacd92824d8655.jpg Source: Forward-looking Industrial Research Institute's "Several Opinions of the State Council on Accelerating the Revitalization of Equipment Manufacturing Industry" proposes 16 major technical equipment areas that China will focus on in the future; in addition, the central government has issued ten major industrial revitalization plans. Both provide unprecedented opportunities for strategic adjustment and industrial upgrading of the machine tool manufacturing industry. Among them, the industrial upgrading vision proposed by the seven major industrial revitalization plans of steel, petrochemical, textile, light industry, non-ferrous metals, electronic information and logistics requires a large number of advanced technical equipment to support, and the upgrading of technical equipment means a large number of medium and high-grade Metal cutting machine tools. Furthermore, the revitalization of the three major industries of the automobile, shipbuilding and equipment manufacturing industries and the future development of the aerospace, defense and military industries have also provided a huge market demand for the metal cutting machine tool industry.

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