The scale of the global CNC machine tool industry is expanding year by year. In 2021, the industrial scale hit USD163.2 billion, a year-on-year increase of 3.8%.
As typical mechatronics products, CNC machine tools are a combination of mechanical technology and CNC intelligence. The upstream mainly involves castings, sheet metal parts, precision parts, functional parts, CNC systems, electrical components and other parts industries, and the downstream spreads widely to machinery industry, mold industry, automobile industry, power equipment, railway locomotives, shipbuilding, petrochemical, electronic information technology industry, etc. . The scale of the global CNC machine tool industry is expanding year by year. In 2021, the industrial scale hit USD163.2 billion, a year-on-year increase of 3.8%.
By market segment, the scale of the global CNC metal cutting machine tools in 2021 amounted to USD77.21 billion, accounting for 47.5% of the total; the scale of CNC metal forming machine tools reached USD41.47 billion, accounting for 25.5%; the scale of CNC special processing machine tools was USD22.56 billion, accounting for 13.9%.
Major producers of machine tools include China, Germany, Japan, and the United States. Germany attaches great importance to the high quality, precision and practicality of CNC machine tools and accessories; it is highly specialized in the R&D and production of various functional components and ranks among the top in the world. Japan focuses on the development of CNC systems, and the machine tool companies in this country emphasize the layout of upstream materials and components and the integrated development of core products. The United States has strong competitiveness in design, manufacturing and basic scientific research of CNC machine tools. China's machine tool industry started late, but it is developing rapidly. Thanks to the guidance of government's industrial policy on innovation and development, China's machine tool industry has grown significantly in terms of technology and market size, meanwhile China has become the world's largest machine tool producer and seller. In the world's largest machine tool consumption market, Chinese machine tool enterprises are highly sensitive to the market with fast response in marketing and services.