China's CNC machine tool industry has seen a number of highlights since 2015, reports Reportlinker. First, the fast-growing demand from mobile phone metal housing processing stimulates a surge in the demand for 3C-use CNC machine tools. Second, China achieves a breakthrough in aerospace-use five-axis linkage CNC machine tools, and even exports such products overseas. Third, Made in China 2025 catalogues high-end CNC machine tools as one of ten key strategic areas, and Industry 4.0 further boosts the development of the industry.
With the above incentives, Chinese CNC machine tools, especially high-end and intelligent ones, will usher in rapid development in future. According to the plan, the localisation rate of Chinese mid-range and high-end CNC systems will exceed 60% and 20% respectively by 2020.
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