Overview Of China's CNC Machine Tool Industry

CNC machine tools are the mainstream products in the machine tool industry. Driven by demand, the output of CNC machine tools in my country has maintained rapid growth. The compound annual growth rate of CNC machine tool production in my country in the past five years was 37.39 percent , the compound annual growth rate in the past 10 years was 29.94 percent , and the compound growth rate in the past 15 years was 22.10 percent . In 2010, the consumption of CNC machine tools will exceed 6 billion US dollars, and the number of CNC machine tools will exceed 100,000. CNC machine tools have become the mainstream of machine tool consumption, and my country's future CNC machine tool market is huge.