In the first half of 2014, China metal cutting machine tool output is 424,000 sets, an increase of 17.8%. in June, the output is 78,000 sets, an increase of 16.4%, continues keeping at high levels.
In the first half of 2014, China metal cutting machine tool output is 424,000 sets, an increase of 17.8%. in June, the output is 78,000 sets, an increase of 16.4%, continues keeping at high levels.
It is predicted that in 2014 China metal cutting machine tool output will recover to that of 2012 or an extra 80 sets will be produced.
Various information reveals that China machine tool market began to recover since March, and entered fast-developing period. Many industries such as smart phone manufacturing industry that has a new demand for cost-effective machine tools. While how long will the explosion period last, no one has an accurate answer. It is predicted that the explosion period is likely to end instantly, at most till the end of the third quarter or the beginning of the fourth quarter, after which China machine tool market may enter downturn period again.
At the beginning of May, China machine tool demand is changing at a fast speed, many industries have new demand and in large scale. China machine tool companies should keep an eye on demand of each client and industry, enhance R & D into different industries, keep close contact with clients, improve productive force tp meet demand. Only by doing this, can companies survive and succeed.