Metal cutting machine tool refers to the cutting, special processing and other methods are mainly used to process metal workpieces, so that the required geometry, dimensional accuracy and surface quality of the machine. Metal cutting machine tool is the basic equipment of manufacturing industry, which is widely used in automobile, aerospace, mold, engineering machinery and other fields. With the transformation and upgrading of China's manufacturing industry and intelligent development, metal cutting machine tool industry is also facing new opportunities and challenges.

1. market size

According to Shangpu consulting data, the market size of China's metal cutting machine tools will reach 72.609 billion billion yuan in 2022, an increase of 7% over the same period last year. Among them, the market size of CNC metal cutting machine tools was 47.196 billion billion yuan, up 9.5 percent year-on-year, accounting for 64.9 percent; the market size of ordinary metal cutting machine tools was 25.413 billion billion yuan, up 2.8 percent year-on-year, accounting for 35.1 percent.

Full Year of 2023Benefiting from the economic recovery at home and abroad, the rebound in manufacturing investment, and the rapid development of new energy vehicles and other emerging fields, it is expected that the scale of my country's metal cutting machine tool market will reach77.892 billion yuan, up 7.3 year-on-year. Among them, the market size of CNC metal cutting machine tools was 51.936 billion yuan, up 10% year-on-year, accounting for 66.7; the market size of ordinary metal cutting machine tools was 25.956 billion yuan, up 2.1 year-on-year, accounting for 33.3.

2. yield

According to Shangpu consulting data, China's production of metal cutting machine tools will be 674000 in 2022, up 11.9 percent year-on-year. Among them, the output of CNC metal cutting machine tools was 306000, up 13.3 percent year-on-year, accounting for 45.4 percent; the output of ordinary metal cutting machine tools was 368000, up 10.7 percent year-on-year, accounting for 54.6 percent.

Full Year of 2023Driven by the demand side, it is expected that China's metal cutting machine tool production will reach725000 units, up 7.6 percent year-on-year. Among them, the output of CNC metal cutting machine tools was 345000, up 12.7 percent year-on-year, accounting for 47.6 percent; the output of ordinary metal cutting machine tools was 380000, up 3.3 percent year-on-year, accounting for 52.4 percent.

3. import and export

According to Shangpu consulting data, the import and export trade of metal cutting machine tools in China showed a steady and rising trend in 2022. For the whole year, imports of metal-cutting machine tools were 4.29 billion US dollars, up 5.1 percent year-on-year; exports were 1.78 billion US dollars, up 8.3 percent year-on-year; and the trade deficit was 2.51 billion US dollars, down 3.5 percent year-on-year.

Full Year of 2023With the gradual recovery of the international market and the continuous expansion of the domestic market, it is expected that the import and export trade of metal cutting machine tools in China will continue to maintain the momentum of growth. Annual imports of metal cutting machines will reach4.56 billion U.S. dollars, up 6.3 percent year-on-year; exports will reach 1.92 billion U.S. dollars, up 7.9 percent year-on-year; and the trade deficit will narrow to 2.64 billion U.S. dollars, down 5.2 percent year-on-year.

4. competition pattern

China's metal cutting machine tool industry competition pattern presents the characteristics of diversification, both domestic and foreign well-known brand competition, but also the competition of small and medium-sized enterprises. According to Shangpu consulting data, the total sales revenue of the top ten enterprises in China's metal cutting machine tool industry in 2022 is 22.37 billion yuan, accounting for 30.8 of the total revenue of the industry. Among them, Dalian Machine Tool Group ranked first, with sales revenue of 3.69 billion yuan, accounting for 5.1 percent; Shenyang Machine Tool Group ranked second, with sales revenue of 3.57 billion yuan, accounting for 4.9 percent; and Guangzhou CNC Co., Ltd. ranked third, with sales revenue of 2.86 billion yuan, accounting for 3.9 percent.

Full Year of 2023It is expected that the competition pattern of China's metal cutting machine tool industry will be further optimized and the industry concentration will increase. The total sales revenue of the top ten enterprises will reach24.5 billion yuan, accounting for 31.5 of the total industry revenue. Among them, Dalian Machine Tool Group will maintain its leading position, with sales revenue reaching 4 billion yuan, accounting for 5.1 percent; Shenyang Machine Tool Group will follow closely, with sales revenue reaching 3.8 billion yuan, accounting for 4.9 percent; Guangzhou CNC Co., Ltd. will be third, with sales revenue reaching 3.1 billion yuan, accounting for 4 percent.

5. downstream demand

The downstream demand of metal cutting machine tools in China mainly comes from automobile, aerospace, mold, construction machinery and other fields. According to data from Shangpu Consulting, my country's auto production and sales in 2022 will be 30.2 million and 29.8 million, respectively, a year-on-year increase of 6.8 and 6.5, a record high. Among them, the production and sales of new energy vehicles were 6 million and 5.8 million, a year-on-year increase of 40% and 38%, accounting for 19.9 and 19.5 of the total automobile production and sales, becoming the main force driving the growth of the automobile market. Expected full year 2023China's automobile production and sales will reach32 million and 31.5 million vehicles, up 6 per cent and 5.7 per cent year-on-year, of which the production and sales of new energy vehicles will reach 8 million and 7.8 million, respectively, up 33.3 per cent and 34.5 per cent year-on-year, accounting for 25 per cent and 24.8 per cent of total vehicle production and sales.

According to data from Shangpu Consulting, my country's aerospace industry will achieve operating income of 120 billion yuan in 2022, an increase of 10% year-on-year. Among them, the civil aviation industry achieved operating income of 60 billion yuan, a year-on-year increase of 12%; the military aviation industry achieved operating income of 40 billion yuan, a year-on-year increase of 8%; the aerospace industry achieved operating income of 20 billion yuan, a year-on-year increase of 10%. Expected full year 2023China's aerospace industry will achieve operating income132 billion yuan, up 10% year on year. Among them, the civil aviation industry will achieve operating income of 66 billion yuan, a year-on-year increase of 10%; the military aviation industry will achieve operating income of 44 billion yuan, a year-on-year increase of 10%; the aerospace industry will achieve operating income of 22 billion yuan, a year-on-year increase of 10%.

According to Shangpu consulting data, China's mold industry achieved sales revenue of 280 billion yuan in 2022, an increase of 8.7 percent over the same period last year. Among them, plastic molds account for 50%, metal molds account for 40%, and other molds account for 10%. Expected full year 2023China's mold industry will achieve sales revenue300 billion yuan, up 7.1 year-on-year. Among them, plastic molds accounted for 49%, metal molds accounted for 41%, and other molds accounted for 10%.

2022 China's construction machinery industry to achieve sales revenue of 900 billion yuan, an increase of 9.1. Among them, the sales of excavators, loaders, bulldozers, cranes and other major products have maintained a high growth rate. Champ ConsultingExpectedFull Year of 2023China's construction machinery industry will achieve sales revenue980 billion yuan, up 8.9 year-on-year. Among them, the sales of excavators, loaders, bulldozers, cranes and other major products will continue to maintain steady growth.

6. opportunities and challenges

Shangpu Consulting believes that China's metal cutting machine tool industry is facing the following opportunities and challenges in the future:

（1) The opportunity

national manufacturing power strategy andUnder the guidance of the "14th Five-Year Plan", the demand for transformation and upgrading of the manufacturing industry and intelligent development will continue to promote the innovation and progress of the metal cutting machine tool industry.

The rapid development of new energy vehicles, aerospace, high-speed rail and other emerging fields will bring new market demand and technical requirements, and promote the structural optimization and product upgrading of the metal cutting machine tool industry.

The gradual recovery of international markets andThe further promotion of the "Belt and Road Initiative" initiative will expand the export market and cooperation space of the metal cutting machine tool industry and improve the international competitiveness of the metal cutting machine tool industry.

（2) The Challenge

Foreign advanced manufacturing countries still maintain their technical advantages and brand influence in the field of metal cutting machine tools, and form greater competitive pressure on China's metal cutting machine tool market.

There are still some shortcomings and deficiencies in my country's metal cutting machine tool industry, such as unreasonable product structure, low technical level, weak independent innovation ability, and low quality stability.

Factors such as fluctuations in raw material prices, tightening of environmental protection policies, and rising labor costs will bring certain difficulties and pressures to the production and operation of the metal cutting machine tool industry.

Suggestions for 7. development

According to the data of Shangpu Consulting Group, in order to cope with the above opportunities and challenges, China's metal cutting machine tool industry should take the following development suggestions:

（1) Strengthen technological innovation and R & D investment, improve the level of intelligence, high efficiency, precision, compounding and environmental protection of metal cutting machine tools, and meet the diversified and personalized needs of the market.

（2) Optimize product structure and layout, increase the proportion of high-end, high value-added, high-tech metal cutting machine tools, reduce the production capacity of low-end, low-efficiency, low-quality metal cutting machine tools, and enhance the overall competitiveness of the industry.

（3) Strengthen brand building and market development, improve the visibility and reputation of metal cutting machine tools, expand domestic and foreign market share and influence, and enhance the industry's ability to resist risks.

（4) Strengthen industry self-discipline and norms, comply with relevant national laws, regulations and policy guidance, strengthen exchanges and cooperation within the industry, and promote the healthy and sustainable development of the industry.