Global & China CNC Machine Tool Market Scrutinised by ResearchInChina in Comprehensive Research Report Available at MarketPublishers.com17 Feb 2016 • by Natalie Aster
LONDON – On the global scale, the output value in the computer numerical control (CNC) machine tool market amounted to USD 48.1 billion in 2014 with the CNC level standing at 60%. The higher CNC level (at around 85%) was registered in some developed economies like Japan, the United States, Germany and South Korea. In the foreseeable future, the world CNC machine tool market is expected to grow at a healthy CAGR driven by continuously increasing CNC level across the developing countries.
As of 2014, the CNC machine tool output in China reached 308,000 sets, showing a noticeable YoY jump by 26.7%. However, in 2015 the country’s CNC machine tool output declined to around 270,000 sets given the global economic downturn, low downstream demand and decreasing output of economical-type CNC machine tools.
At the present day, the Chinese market for CNC machine tool is characterised by higher market concentration, lower CNC level, poor competitiveness in core segments, intelligentised development, uneven regional distribution and strong dependence on imports.
This comprehensive research study “Global and China CNC Machine Tool Industry Report, 2015-2018” elaborated by ResearchInChina offers a deep analysis of the global and Chinese CNC machine tool market and discloses updated data on the market size, supply and demand, imports and exports. The study thoroughly examines the Chinese CNC machine tool market segmentation, describes the status quo of CNC machine tool market worldwide and in China, casts light on the situation in downstream and upstream markets. The competitive environment as well as performance and key strategic pointers of the top Chinese and global CNC machine tool market players are discussed in this study. Furthermore, the report includes forecast figures for both, the Chinese and worldwide CNC machine tool markets, until 2018.
Global and China CNC Machine Tool Industry Report, 2015-2018
Published: December, 2015
Price: US$ 2,300.00
More research reports by ResearchInChina can be found at its page.