Machine tool demand in China will grow 13 percent annually through 2012, based on rapid growth in durable goods production and infrastructure expansion and modernization. Metal cutting tools will outpace other products, spurred by strong growth in manufacturing investment. Industrial machinery will remain the largest market. This study analyzes the 328.5 billion yuan machine tools industry in China. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by machine tool product (e.g., lathes and milling, machining centers, grinding and polishing machines, lasers, forging, bending and shearing, nonmetal), market (e.g., industrial machinery, transportation equipment, primary and fabricated metal, electrical and electronic) and US geographic region. The study also considers market environment factors, details industry structure, evaluates company market share and profiles 37 industry players, including Dalian Machine Tool, Shenyang Machine Tool and TRUMPF.
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