Demand for China's CNC machine tool industry expands, and competition for CNC drilling machines is fierce

2020-01-09 Reading: 2415

Demand for China's CNC machine tool industry expands, and sales revenue of listed companies is on the rise
 
In 2015, the sales revenue of the CNC machine tool industry declined to 177.09 billion yuan, after which the sales revenue of the CNC machine tool industry increased year by year.The growth rate has slowed since 2017. In 2018, the sales revenue of my country's CNC machine tool industry was 227.02 billion yuan, a year-on-year increase of 5.04%. 

Note: Since the National Bureau of Statistics has not announced the sales revenue of my country's CNC machine tool industry in 2018, the data for 2018 is the sales revenue of listed companies in the CNC machine tool industry in 2018.
 
The competitive landscape of CNC machine tool companies is divided into three levels, with multinational companies and foreign-funded companies at the head
 
At present, the domestic CNC machine tool industry presents a pattern of competition among multinational companies, foreign-funded enterprises, state-owned enterprises and private enterprises. The competition pattern of the entire industry is divided into three levels.Mainly manifested as the following characteristics:
 
(1) One level is multinational companies and foreign-funded enterprises, which occupy an important position in the high-end market by virtue of their strong technology, scale, and brand advantages;
 
(2) The other level is a small number of state-owned enterprises and private enterprises, including issuers, that have certain core technologies, large scale and certain brand awareness, and are competitive in the middle and high-end markets;
 
(3) There is also a large number of low-end enterprises, mostly private enterprises, with low technical content of products, serious homogeneity, lack of core competitiveness, and competition in the low-end market. The competition is very fierce.


       The CR4 of China's listed CNC machine tool companies is 56.49%, and the industry is in an oligopolistic competition pattern

 
According to Bain's classification of market concentration, a market with CR4>30% or CR8>40% is an oligopoly market structure of varying degrees, and the opposite is an atomic market structure. In 2018, it can be seen that the CR4 of China's CNC machine tool industry is 56.49%, and the CR8 is 85.38%. The industry has a market structure of monopolistic competition.

       The degree of competition in the segmented product market is different, and the degree of competition for CNC drilling machines is fierce

 
At present, my country's CNC machine tool industry is mainly based on low-end products, with relatively low product technology thresholds and fierce competition; in the mid-to-high-end product market, currently only a few domestic companies have the production of mid- and high-end products, and industry competition is relatively slow.In addition, the degree of competition in different market segments is also different, as shown in the following figure:



The above data comes from the "Market Demand Forecast and Investment Strategic Planning Analysis Report of China's CNC Machine Tool Industry" by the Qianzhan Industry Research Institute. At the same time, the Qianzhan Industry Research Institute also provides industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion. Program.


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