Major Machine Tools Manufacturing Industry Market Analysis

U.S.

According to statistics from AMT, American metal processing machine tools order totaled $5,800,000,000, which increased 3.1%. Among them, metal cutting order totaled $4,940,000,000, which increased 3.7%. Geographically speaking, in middle and east America, the orders increased sharply.

The trend is optimistic seen from the end of 2014. At the same time, most major manufacturers say that they plan to recruit more employees and increase more investment in the coming months. Although unfavorable factors, such as U.S. dollar appreciation, oil price reduction, and shortage of skilled workers, exist, American economy keeps recovery and is under control in the first half of 2015.

Japan

Based on statistics on metal cutting machines from CMTBA, in 2014, Japan's orders for machine tools totaled $14,000,000,000, which increased 135.1% on year-on-year basis. Japan's domestic demand for machine tools created $4,600,000,000. 

Generally speaking, Japan's machine tools output increased sharply at a substantial margin, benefiting from Japan's favorable government policies. For Japan whose machine tool export accounting for 67% of the industry, substantial depreciation in yen is effective in strengthening its competitive force in global market. On the other hand, the Japanese government's industry policies that facilitating the country's equipment manufacturing industry have boosted domestic demand as well as machine tool consumption increase.

Germany

The machine tools order in the first three quarters of 2014 totaled €10,790,000,000, which declined 1%. Domestic order was  €3,840,000,000, which increased 8%. Grinding machines and polishing machines were two of the top output.

Influenced by energy and population, German machine tools market is confronted with reindustrialization. In view of rising German market consumption and increase in import and export value, facilitating and improving traditional competitive advantage of Germany's machine tools industry remain to be the key target of reindustrialization. 

China

China's export value of the machine tools industry was $3,750,000,000, which increased 5.8%. Business relationships between China mainland and Taiwan becomes closer.

Modernization of machine tool manufacturing industry and competitive force are the basis of industrial modernization of China. While new economies in Southeast Asia is attracting global manufacturing industry to re-layout.