The machine tool accessories market is shrinking
2025-09-19 07:24:04
Abstract The machine tool accessories market has experienced a significant decline due to the economic crisis, with users demanding higher quality and more stringent performance standards. At the same time, the pressure from major international machine tool companies has intensified, posing serious challenges for domestic enterprises in this sector. To meet the goals set by China’s three-year revitalization plan for the machine tool industry, which aims to increase the domestic market share of local machine tools to over 70% and the share of CNC machines to at least 40%, it is essential to improve the compatibility and quality of domestic CNC systems. This remains one of the biggest obstacles in the development of machine tool mainframes.
Revitalizing the machine tool manufacturing industry and promoting its global expansion is an inevitable trend in the industry's evolution. However, achieving these ambitious targets—especially increasing the domestic market share of CNC machines beyond 40%—is no easy task. The key components and accessories play a crucial role in determining the overall performance and competitiveness of the mainframe. Only when these critical parts are fully developed and their self-sufficiency rate is improved can we build a group of globally competitive large-scale CNC machine tool manufacturers.
China is still a major manufacturing country, but not yet a true manufacturing power. In recent years, the scale of domestic machine tool component manufacturers has grown rapidly, and technological advancements have been notable. Nevertheless, there is still a significant gap compared to foreign competitors. One of the main reasons for this lag is historical underinvestment in the industry. In the past, government support was limited, and many companies focused on quick profits rather than long-term development, leading to a situation where the mainframes were prioritized over the supporting components. Additionally, research investment has been insufficient, and the foundational technology remains weak.
For instance, some Chinese companies can produce certain key components, but they often use them in conjunction with standard machine tools. These products may be suitable for some high-end CNC machines, but their precision and durability fall short. Foreign components can last up to three years without replacement, while domestic alternatives may only last about 1.5 years. This reliability issue significantly affects the market share of Chinese functional components.
To overcome these challenges, it is essential to accelerate technological innovation and upgrades in the machine tool industry. This will not only enhance competitiveness but also become a core task for China’s broader manufacturing sector.
2014 marked a pivotal year for China as it implemented its industrial transformation and strategic emerging industry development plans. The high-end machine tool manufacturing sector was poised for significant growth during this period. With national policies encouraging innovation and development, machine tool companies must focus on building unique competitive advantages—whether in cost, technology, sales channels, or after-sales service—to maintain and expand their market positions. Only those firms that can differentiate themselves effectively will thrive in the increasingly competitive global landscape.Solar Street Light Outdoor,Outdoor Solar Street Light,Solar Led Street Light,Solar Street Lamp
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