CNC machine tool industry is expected to usher in a new round of capacity growth in the second half of this year

Due to the price drop, a large amount of new production capacity began to be transferred to the international market. In the first half of this year, the overall performance of the industry declined by nearly 20%. According to industry experts, the numerically-controlled machine tool industry is expected to see a new round of capacity growth in the second half of the year due to the fact that the cost and price have both declined, and the competitiveness in the international market tends to be stronger, coupled with recent policy support.

China CNC Machine Tool Industry Association stated that with the recent acquisition of foreign companies by leading players such as Zoomlion and Sany Heavy Industry, China's CNC machine tool industry in the low valley has shown internal adjustments, and the pace of internationalization has begun to accelerate. According to data from the China Investment Association, in the first half of the year, the value of domestic CNC machine tool industry exports reached 3.825 billion yuan, an increase of 32.9% year-on-year.

After a period of rapid development, China's CNC machine tool industry has achieved a significant advancement in the level of science and technology, in particular, some machine tools with good market prospects, such as CNC cutting machines, CNC flame cutting machines, CNC plasma cutting machines, etc. Equipment in the intelligent technology to achieve international standards, cheap products have sufficient international competitiveness. Experts in the industry believe that, together with the influence of the government's steady growth signal, it is expected that the industry as a whole will still achieve a 12% increase, with an increase in exports of more than 30%.