Market Research Logo

Machine Tools Market in China 2015-2019

Machine Tools Market in China 2015-2019

About machine tools

Machine tools are used to cut and shape metals and nonmetallic materials based on the specifications of a product. They enable manufacturing of critical components with utmost ease and accuracy. These tools include metal cutting machine tools, metal forming machine tools, and machine tools accessories. Companies extensively use them across sectors such as automotive, general machinery, precision engineering, transport, aerospace, and dies and molds.

Technavio's analysts forecast the machine tools market in China to grow at a CAGR of 6.50% during 2014-2019.

Covered in this report

The machine tools market in China can be segmented into four end-user segments: automotive sector, general machinery sector, precision engineering sector, and transport machinery sector.

Technavio's report, Machine Tools Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Dalian Machine Tool Group (DMTG)
  • DMG Mori Seiki Aktiengesellschaft
  • Shenyang Machine Tools (SMTCL)
Other prominent vendors
  • Byjc-okuma (Beijing)
  • FANUC
  • Shaanxi Qinchuan Machinery Development
Market driver
  • Growing aerospace and aviation industry in China
  • For a full, detailed list, view our report
Market challenge
  • Slump in Chinese economy
  • For a full, detailed list, view our report
Market trend
  • Heavy investments in transport infrastructure
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors


Press Release

Technavio Announces the Publication of its Research Report – Machine Tools Market in China 2015-2019

Technavio recognizes the following companies as the key players in the Machine Tools Market in China: Dalian Machine Tool Group (DMTG), DMG Mori Seiki Aktiengesellschaft, Shenyang Machine Tools (SMTCL).

Other Prominent Vendors in the market are: Byjc-okuma (Beijing), FANUC, Shaanxi Qinchuan Machinery Development

Commenting on the report, an analyst from Technavio’s team said: “An increased investment in transport infrastructure by the government of China will positively impact the machine tools market. To facilitate smooth transit of goods and services, the government has planned to improve the connectivity between various cities in the central and western regions of China.”

According to the report, there has been a surge in the production of supersonic training jets, military helicopters, and unmanned aerial vehicles. In addition, an increased air traffic has created the need to expand the aircraft fleet in the country. Besides, China is planning to replace the aging foreign-made aircraft with indigenously manufactured aircraft.

Further, the report states that the slowdown of the Chinese economy during 2010-2014 hindered the growth of the machine tools market. The reduced manufacturing output due to decreased investment and shutdown of the excess production capacity had cut down the requirement for machine tools. The subsequent slowdown in the real estate industry had been the biggest blow to the market.

Companies Mentioned

Dalian Machine Tool Group (DMTG), DMG Mori Seiki Aktiengesellschaft, Shenyang Machine Tools (SMTCL), Byjc-okuma (Beijing), FANUC, Shaanxi Qinchuan Machinery Development

  • Executive summary
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings by major vendors in machine tools market in China
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Machine tools market in China by consumption 2014-2019 ($ billions)
      • Table GDP growth rate in China 2010-2014
      • Table Machine tools market in China by production 2014-2019 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
    • Market overview
  • Market segmentation by product
    • Table Machine tools market in China by product 2014 and 2019
    • Market size and forecast
      • Table Metal-cutting machine tools market in China 2014-2019 ($ billions)
      • Table Metal-forming machine tools market in China 2014-2019 ($ billions)
      • Table Machine tools market in China by other accessories 2014-2019 ($ billions)
      • Table Machine tools market in China by product 2014-2019
  • Market segmentation by end-user
    • Market overview
      • Table Machine tools market in China by end-users 2014 and 2019
    • Market size and forecast
      • Table Machine tools market in China by automotive sector 2014-2019 ($ billions)
      • Table Motor vehicles production in China 2010-2014
      • Table Machine tools market in China by general machinery sector 2014-2019 ($ billions)
      • Table Machine tools market in China by precision engineering sector 2014-2019 ($ billions)
      • Table GDP per capita of China 2010-2013
      • Table Machine tools market in China by transport machinery sector 2014-2019 ($ billions)
      • Table Machine tools market in China by end-users 2014-2019
  • Market drivers
    • Table Drivers in machine tools market in China
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Challenges in machine tools market in China
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Trends in machine tools market in China
  • Vendor landscape
    • Competitive scenario
    • Key vendors
    • Other prominent vendors
  • Key vendor analysis
    • DMTG
    • DMG MORI
    • SMTCL
  • Appendix
    • List of abbreviation
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report