Machine Tool Industry Globally & in China Investigated in Chisult Insight Market Research Report Available at MarketPublishers.com
07 Mar 2016 • by Natalie Aster
LONDON – Adversely impacted by the ongoing sluggish market demand, China’s machine tool industry saw clear slugged downturn trends over the period 2014-2015.
As the domestic machine tool demand chiefly relies upon investment to drive, so the decrease of fixed asset investment has directly affected the machine tool market size. The total consumption of machine tools stood at USD 31.83 billion as of 2014, which decreased 0.3% YoY.
Affected by dwindling domestic demand and decreasing investment growth, both production and imports of Chinese machine tools demonstrated weakening trend during H1 2015. The import value of metal working machine tools stood at USD 4.242 billion, down just over 14% YoY. Newly added orders of metal working machine tools declined 6.3%. Industry-wide revenues saw a 4.6% drop YoY.
Conventional heavy industries that are primarily driven by investment are gradually been fetched up and outstripped by emerging production targeting consumption. In the process, the operation of various segment markets, industries and companies is set to be further differentiated. Practically all market segments – be they metal working machine tools, functional units, tools or NC systems – are facing considerable contraction of demand for low-budget common products. The total export volume and structure are seeing positive changes. The export of metal working machine tools is poised to maintain comparatively fast growth rates, accounting for an increasing share of the overall export value.
In-demand report “Global and China Machine Tool Industry Research Report, 2015” elaborated by Chisult Insight offers a comprehensive guide to the machine tool industry worldwide with a focus on China. It covers status quo of machine tool industry in the world, covering the issues such as the industry development, output and consumption, exports and imports, key enterprises, and country analyses for Germany, India and Japan. The research study further reviews the development of the machine tool industry in China, examining production and consumption, imports and exports, competitive scenario. The report provides granular market segmentation by product, covering the aspects such as development status, output and sales, new products and techniques for each of the segments. The report examines the leading 8 overseas manufacturers and carefully analyses the top 10 enterprises based in China.
Global and China Machine Tool Industry Research Report, 2015
Published: February, 2015
Price: US$ 3,600.00
More reports by this publisher are available at Chisult Insight page.