Analysis of Development Trend of CNC Machine Tool Industry

1. The pace of domestic substitution in the high-end market has accelerated
In recent years, under the strong promotion of policies and market demand, private CNC machine tool companies have risen strongly, continuously increasing investment in scientific and technological research and development, and vying to lay out the high-end CNC machine tool market. The level of management has been continuously improved, and the products produced have been widely recognized by the domestic market. Since last year, a number of enterprises have announced the high-end market layout dynamics. Genesis plans to invest 1.8 billion yuan to build a high-end CNC machine tool manufacturing industrialization production base project; Qinchuan Machine Tool Invests 1 billion Yuan to Build a High-end CNC Machine Tool Innovation Base in Xixian New District; Haitian Seiko plans to invest 1 billion yuan to build a high-end CNC machine tool production base in Ningbo Economic and Technological Development Zone. In the future, with the continuous development of domestic brands, the pace of domestic substitution in the high-end market of CNC machine tools in China will accelerate.
2. Continuous improvement of industrial chain supporting
From the coverage of parts categories, domestic parts manufacturers have achieved high coverage on most high-end parts. However, in the field of high-end CNC machine tools, key components such as CNC system, two-axis swing head, two-axis cradle turntable, grating ruler and encoder mainly rely on imports, domestic parts in high-end CNC machine tools on the application rate is low. "Made in China 2025" proposed that by 2025, China's CNC system standard and intelligent domestic market share will reach 80% and 30% respectively; the domestic market share of high-end functional components such as spindles, screws, and guide rails will reach 80%. In the future, with the landing of various supporting policies, major machine tool enterprises will continue to increase investment in research and development of key core components, and the industrial chain in the high-end market will be gradually improved.
3. The numerical control rate of machine tools continues to increase
The numerical control rate of domestic machine tools is 44.9 in 2021, and the "Made in China 2025" China clearly proposes that the numerical control rate of key processes will increase to 64% by 2025, and there is still much room for improvement in the numerical control rate of domestic machine tools. With the continuous acceleration of the transformation and upgrading of the manufacturing industry, traditional machine tools can no longer meet the needs of manufacturing automation, intelligence, and digital production. Overlaying the demand for machine replacement starting in 2021, the CNC machine tool industry has ushered in a period of rapid development of the industry.