According to the analysis, in recent years, defense, aviation, high-speed rail, automotive and mold and other important equipment manufacturing industry demand growth, thus driving the machine tool industry growth.
In the past five years, the annual compound growth rate of CNC machine tool production in China was 37.39%, 29.94% in the past 10 years and 22.10% in the past 15 years.
Driven by the national revitalization of the equipment manufacturing industry and the transfer of international industries, the growth rate of China's equipment and tool purchase investment will continue to maintain around 20% in the next 5-10 years, and the demand of the machine tool industry will continue to grow at a high speed.
Driven by demand, the output of CNC machine tools in China keeps growing at a high speed. With the deepening of economic restructuring, the CNC machine tools and CNC system industry will continue to develop rapidly.
With the increase of CNC machine tool demand in China, the CNC rate of its output will continue to increase steadily.
Because CNC machine tool belongs to technology and capital intensive industry, the industry barrier is high, no matter in the domestic or in the global scope, the change of industry pattern is relatively slow.
At the same time, CNC machine tools belong to the mechanical industry, its equipment and parts of the purchase cost is large, and CNC machine tools technology update is large, its asset scale increased year by year.
Combined with the data of the total assets of China's CNC machine tool industry and the data of China's economic growth in recent years, the asset scale of China's CNC machine tool industry is estimated to reach 270 billion yuan by 2020 according to the linear regression prediction method.