The numerical control system refers to the control system that can control the numerical information instructions of the parts processing program to make the machine tool complete the work movement. It is usually composed of three parts: the control system, the servo system and the position measurement system. CNC system as a machine toolThe "brain" directly affects the core parameters such as machine tool accuracy and dynamic characteristics, and is the key equipment for high-end manufacturing. With the transformation and upgrading of the manufacturing industry and the development of emerging industries, the demand for CNC systems is increasing, especially for high-speed and high-precision composite and five-axis linkage CNC systems.

According to data from the Champ Consulting Group,Full Year of 2023Global CNC system market size is expected to reach70 billion yuan, up 9.8 percent year-on-year. Among them, the scale of China's CNC system market is expected to reach 24 billion billion yuan, an increase of 11.2 percent year-on-year, accounting for 34.3 percent of the global market share. China's CNC system market size is mainly affected by the following factors:

First, the impact of the domestic and international economic situation.In 2023, with the new crown epidemic under effective control, the global economic recovery accelerated, governments launched stimulus policies and infrastructure investment plans, boosting demand in the machine tool industry. Especially in the United States, Europe, Japan and other developed countries and regions, in order to protect their industrial security and competitive advantage, to speed up the high-end manufacturing investment and support, to promote the demand for high-end CNC system. In China, due to factors such as slowing economic growth, intensified trade frictions, and increased environmental pressure, the demand for traditional manufacturing is sluggish, leading to a decline in demand for low-end CNC systems. But at the same time, China is also actively promoting the transformation and upgrading of the manufacturing industry and the innovation-driven development strategy, increasing support for aerospace, automotive, new energy, medical equipment and other emerging industries and strategic emerging industries, and enhancing the demand for high-end CNC systems.

Second, the impact of domestic substitution space. At present, China's CNC system market is still dominated by imported products, especially in the field of high-end CNC systems, foreign-funded enterprises occupy an absolute advantage. According to data from the Champ Consulting Group,Full Year of 2023China's high-end CNC system market size is expected to reach4.8 billion yuan, of which imported products accounted for 85%. This is mainly because foreign-funded enterprises have obvious advantages in technology accumulation, product performance and market recognition, while domestic enterprises still have deficiencies in technological innovation, product reliability and service support. But at the same time, the domestic CNC system is also constantly improving its independent research and development capabilities and market competitiveness, especially in the field of mid-range CNC systems, which has achieved a high localization rate. According to data from Shangpu Consulting Group, the market size of China's mid-range CNC system is expected to reach 9.6 billion yuan in 2023, of which domestic products account for 75%. With the technological progress of domestic CNC system and the promotion of brand influence, as well as the encouragement and support of national policies, the domestic substitution space will be further expanded, especially in the field of high-end CNC systems.

Third, the impact of product structure and technology trends. With the development of the manufacturing industry, the requirements for CNC systems are getting higher and higher, not only requiring high speed and high precision, but also requiring high efficiency and high flexibility. Therefore, the product structure and technology trends of CNC systems are constantly changing. From the perspective of product structure, the demand for general-purpose CNC systems is shrinking, while the demand for high-speed and high-precision composite and five-axis linkage CNC systems is growing. General-purpose CNC systems are mainly used in low-end machine tools and general-purpose processing fields. Due to market saturation and fierce competition, demand growth is slow or declining. The high-speed and high-precision composite and five-axis linkage CNC systems are mainly used in high-end machine tools and complex processing fields. Because they can improve processing efficiency, quality and flexibility, they can meet the needs of emerging industries and strategic emerging industries, and the demand is growing rapidly. From the perspective of technology trends, intelligent, networked, digital, modular and other technologies are becoming the development direction of CNC systems. Intelligent technology can realize adaptive control, intelligent optimization, fault diagnosis and other functions, improve the performance and reliability of CNC system; network technology can realize remote monitoring, data transmission, information sharing and other functions, improve the interconnection and cooperation ability of CNC system; digital technology can realize virtual simulation, digital twin, digital factory and other functions, improve the design and manufacturing level of CNC system; modular technology can realize the functions of standardization, generalization and customization, and improve the flexibility and adaptability of CNC system.

To sum up, Champ Consulting believes that,In 2023, the CNC system industry has huge market potential and domestic substitution space, but also faces challenges in terms of technical barriers, market recognition and policy support. It is recommended that domestic CNC system companies strengthen independent innovation capabilities, improve product quality and service levels, and expand mid-to-high-end market share; at the same time, strengthen cooperation and communication with downstream users, understand user needs and feedback, and provide customized solutions; in addition, strengthen cooperation with upstream suppliers Cooperation and exchanges to ensure the quality of raw materials and supply stability; finally, strengthen contact and communication with government departments to strive for more policy support and financial subsidies.