As the cornerstone of high-end equipment manufacturing industry, industrial mother-machine is a national instrument involving international security, autonomy and control. The ecology of China’s machine tool industry is maturing day by day.

The added value of China’s manufacturing industry increased from US $625.2 billion in 2004 to US $4,975.6 billion in 2022, CAGR of about 12.21%, the global proportion increased from 8.61% to 30.38%, China’s speed far exceeds the global average.

According to the 2022 global market report released by VDM German machinery industry network, the total output value of the global machine tool industry in 2022 is about 80.3 billion euros, China ranks first in the world with an output value of 25.7 billion euros, accounting for 32% of the global market, and the consumption of the global machine tool industry in 2022 is 80.8 billion euros. China also ranks first in the market with 26 billion euros, accounting for 32%. The long-term trade deficit of China’s machine tool industry is gradually shrinking, marking that domestic machine tools are gradually moving toward autonomous and controllable, domestic substitution. The value of export machine tool products continues to increase, and domestic machine tools continue to move toward intelligence and high-end.

At the same time, according to the statistical data of the association’s key contact enterprises, it also reflects the trend of upgrading the product structure of metal processing machine tools and increasing the unit price, and the rebound in the first quarter of 2023 is a positive indication of the recovery of subsequent demand this year.

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A few days ago, the Ministry of Industry and Information Technology and other five departments issued a notice on the issuance of the “Manufacturing Reliability Improvement Implementation Opinions”. The notice pointed out that by 2025, the reliability level of key core products in key industries will be significantly improved, and the reliability level of basic components for industrial mother-machines will be improved, and the reliability level of various industrial mother-machines will be improved.

Southwest Securities analysis pointed out that in the second half of 2023, continue to focus on the layout of humanoid robots and industrial mother-machines. Tesla humanoid robots are accelerating with the support of AI technology, and under the background of terminal 2C positioning and cost reduction demands, the domestic humanoid robot industry chain is ushering in opportunities, focusing on recommending core hardware tracks such as reducers, motors and sensors related to the industry chain. At the same time, under the background of strengthening the chain, the policy expectations continue to strengthen, and the core varieties of industrial mother-machines represented by core components continue to be recommended.

Comments: With the transformation of the domestic machine tool industry structure, the performance gap between domestic machine tools and overseas machine tools is also rapidly shortening, superimposed on the obvious cost-effective advantages of domestic machine tools, domestic machine tools have gradually begun to replace overseas machine tools. Because CNC machine tools have many advantages such as high flexibility, high precision and high reliability, they can effectively improve the efficiency and yield of the manufacturing industry, which will become a key trend in the future. In contrast, China’s CNC machine tool field has begun to take shape, although the CNC machine tool rate is gradually improving and the number is considerable, but compared with foreign developed economies, the CNC rate and gap are large, and need to be improved.