2025-2031 Metalworking Machine Tool Industry: Supply Chain Segment Product Research and Prospect Study Forecast Report

Overview of the Metalworking Machine Tool Industry, Trend Analysis, and Key Players

1. Overview of the Metalworking Machine Tool Industry

(1) Industry Definition and Classification

Machine tools are equipment used to process metals and other materials, ensuring workpieces achieve the required geometric shape, dimensional accuracy, and surface quality. Known as the "mother machine of industry," they form the foundation of the equipment manufacturing sector. The variety, quality, and efficiency of machine tools directly impact the production capabilities and economic benefits of other machinery products.

CNC (Computer Numerical Control) machine tools control the machining process through digital information, offering high efficiency, high precision, high flexibility, and a high degree of automation. Classified by processing method, they can be divided into metal cutting machines, metal forming machines, and special processing machines.

(2) Overview of the Metal Forming Machine Tool Industry

Metal forming processes metal through pressure, tension, and other methods, offering advantages such as high-quality parts, low material consumption, high production efficiency, and improved mechanical properties. With the development of precision forming technology, its role in the manufacturing industry continues to grow.

Metal forming machine tools are a crucial part of the machine tool sector, encompassing processes like forging, stamping, bending, and others. They are widely used in industries such as automotive, shipbuilding, aerospace, and rail transportation, and are closely linked to downstream sectors. In recent years, with growing demand, China's metal forming machine tool industry has rapidly expanded in scale, with continuous technological advancements and product performance gradually approaching or even surpassing that of countries like Germany and Japan. As downstream products become more complex, the performance requirements for metal forming machine tools are also steadily increasing.

1. Industry Market Size

Machine tool products are widely used in industries including machinery, automotive, power generation, railways, aerospace, and defense. With industrial upgrading, demands for machining accuracy, efficiency, and stability of machine tools are increasing, driving growth in the demand for mid-to-high-end products. The industrial mother machine market is evolving towards automation, customization, and upgrading to high-end CNC machine tools.

The global machine tool market size was USD 51.76 billion in 2019 and USD 52.72 billion in 2023, with a compound annual growth rate (CAGR) of 0.5%. It is projected to grow to USD 71.26 billion by 2030, with a CAGR of 4.9%.

The Chinese market has experienced rapid changes in recent years. Its market size was USD 15.667 billion in 2023, accounting for approximately 29.72% of the global market. It is expected to reach USD 20.882 billion by 2030, at which point its global share is projected to be 29.3%. Large-scale replacement demand in China's machine tool industry is anticipated.

Global Machine Tool Market Size and Forecast, 2023-2030 (USD Million)

3. Overview and Trends of the Continuous Extrusion Industry

Extrusion is one of the key processes in non-ferrous metal material production. Traditional methods involve heating metal billets and applying external force to make them flow through a die opening, forming the desired shape. However, this method is discontinuous, requires auxiliary operations, and has relatively low efficiency. To achieve continuous production, the UK introduced continuous extrusion technology in the 1970s. This technology uses a rotating extrusion wheel to extrude room-temperature bar billets into products of theoretically unlimited length.

Since the UK Atomic Energy Authority first proposed this technology in 1972, continuous extrusion has undergone significant global development. In 1975 and 1978, UK companies HOLTON and BWE began exploring industrial applications. In 1985, Professor Song Baoyun returned to China and established a research center, driving technological breakthroughs. After nearly 40 years of development, China has mastered fully localized continuous extrusion and cladding equipment, with its technology reaching internationally advanced levels and gradually dominating the global market.

Technical Advantages and Future Development Directions of Continuous Extrusion

Compared to traditional processing methods, new techniques such as continuous extrusion and continuous cladding are not only more energy-efficient and efficient but also significantly enhance product performance, gradually replacing conventional processing methods across various application fields.