Machine Tools: China
This report forecasts to 2023 machine tool demand in nominal US dollars at the manufacturer level in China. Total demand is segmented by product in terms of: metal cutting, metal forming, and machine tool accessories and spare parts. Total demand is also segmented by market as follows: machinery; transportation equipment; electrical and electronic equipment; primary and fabricated metals; and other markets such as construction, mining, and power generation.
To illustrate historical trends, total demand is provided in annual series from 2008 to 2018; the various segments are reported at five-year intervals for 2008, 2013, and 2018.
Excluded from the scope of this report are tools designed primarily for home use or nonmetal applications, as well as industrial patterns, welding apparatus, and other types of metalworking machinery (e.g., foundry equipment); used machine tools of all types; and related services such as equipment rebuilding, retrofitting, and systems integration.
For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2018.
Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading suppliers, are covered in this report. A full outline of report items by page is available in the Table of Contents.
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