2021-2025 Global and China CNC Machine Tool Market Insight Report-ResearchAndMarkets.com | Business Wire

2021-11-12 07:34:36 By : Ms. Alyssa Lin

DUBLIN--(BUSINESS WIRE)--The "China CNC Machine Tool Market Insight Report 2021-2025" has been added to ResearchAndMarkets.com's products.

Taking the road of localization of CNC, the replacement of parts is expected to be carried out simultaneously. The development of my country's functional component industry is relatively slow, and the degree of industrialization and specialization is low, which can only meet the supporting needs of medium and low-end CNC machine tools.

The functional components used in domestic medium and high-end CNC machine tools still rely heavily on imports. However, factors such as high prices of imported machine tools and long delivery times have made the prices of domestic high-end CNC machine tools remain high, seriously affecting their market competitiveness.

Moreover, foreign high-end machine tools, as important equipment for safeguarding national security and interests, impose strict restrictions on China's exports. Therefore, jamming often occurs in the field of key components. With the support of policies and the increase in the localization rate of CNC machine tools, domestic machine tool manufacturers are increasingly demanding domestic parts.

The market space of the spindle industry exceeds 4 billion yuan. At present, domestic enterprises are gradually entering the spindle market, from small to large, domestically substitutes. The tool market space is nearly 40 billion yuan. The Chinese tool market is highly dependent on imports, but it is gradually realizing import substitution.

Chinese machine tool enterprises occupy the low-end market, state-owned enterprises gradually withdraw from the stage of history, and private enterprises are ushering in development opportunities.

2. The status quo of the global and Chinese machine tool industry

Third, the status quo of the global CNC machine tool market

4. Current status of China's CNC machine tool market

5. China's main CNC machine tools

6. Core Components of China's CNC Machine Tool Industry

7. Downstream industries of China's CNC machine tool industry

7.1.2 CNC machine tools for automobiles and parts

7.3.2 CNC machine tools for rail transit

7.4.2 3C CNC machine tools

For more information about this report, please visit https://www.researchandmarkets.com/r/3q0z9o

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900