Machine Tool Industry: Three Factors Drive the Rapid Development of Machine Tool Industry
2023-12-25 08:07:08
1. In 2007, the production and sales of China's machine tool industry boomed, especially with the rapid growth of CNC machine tools, and the export of machine tool products continued to grow rapidly, while imports showed negative growth.
In 2008 and 2008, macro-control had little impact on machine tool demand, and demand for CNC machine tools continued to grow rapidly.
3. We believe that strong domestic demand, rapid export growth, and substitution of imports not only smooth the impact of macro-control on the machine tool industry, but also drive the rapid development of the entire industry.
4. Steel price increase brings cost pressure to the machine tool industry, but it has little effect on high value-added CNC machine tools
5. Conclusion: We are optimistic about the future development of the machine tool industry. With the strong domestic demand, rapid export growth, and the substitution of imports, it is expected that the machine tool industry will maintain a speed increase of over 30% in the next 3-5 years. We maintain the "overweight" rating of the machine tool industry.
6. Risk: Steel prices continue to rise; macroeconomic hard landing.
In 2008 and 2008, macro-control had little impact on machine tool demand, and demand for CNC machine tools continued to grow rapidly.
3. We believe that strong domestic demand, rapid export growth, and substitution of imports not only smooth the impact of macro-control on the machine tool industry, but also drive the rapid development of the entire industry.
4. Steel price increase brings cost pressure to the machine tool industry, but it has little effect on high value-added CNC machine tools
5. Conclusion: We are optimistic about the future development of the machine tool industry. With the strong domestic demand, rapid export growth, and the substitution of imports, it is expected that the machine tool industry will maintain a speed increase of over 30% in the next 3-5 years. We maintain the "overweight" rating of the machine tool industry.
6. Risk: Steel prices continue to rise; macroeconomic hard landing.
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