Current status of CNC machine tool industry

The industry as a whole is recovering moderately from the trough, and its core characteristics are "recovery in total volume, structural differentiation, and high-end acceleration."

1. The market is recovering moderately

The industry as a whole was under pressure last year, but there were signs of improvement at the beginning of this year, with production, sales and revenue increasing slightly year-on-year.

Demand mainly comes from two major parts: one is the stable demand from traditional high-end manufacturing such as new energy vehicles and aerospace; 

the other is the increase brought by new tracks such as humanoid robots and semiconductor equipment.

2. Extremely serious differentiation

Low-end involution: Ordinary machine tools have low thresholds and excess production capacity. They can barely survive in the price war and their profits are very thin.

High-end breakthroughs: The localization rate of high-end models such as five-axis linkage is increasing rapidly, from less than 20% a few years ago to more than 50%. 

This is currently the biggest bright spot.

3. The biggest bottleneck

The core of competition and the most profitable part - high-end CNC systems, currently still mainly rely on international giants such as Fanuc and Siemens. 

Domestic manufacturers such as Huazhong CNC are struggling to catch up. This is the key to determining future success or failure.

4. The trend is clear

Intelligence: AI technology is being integrated into machine tools at an accelerated pace for precision compensation, predictive maintenance, etc., to improve processing efficiency and stability.

Upgrading overseas: Exports no longer rely on low prices to increase volume, but are transforming into high-tech, high-value-added products, and the average export price has increased significantly.