Domestic Memory Volume Replacement + Industrial Upgrading

Machine tools are known as "industrial mother machines", and there are many downstream application industries. The machine tool industry provides production equipment for the equipment manufacturing industry, is the working machine of the equipment manufacturing industry, and the downstream covers the traditional machinery industry, automobile industry, power equipment, railway locomotives, ships, defense industry, aerospace industry, petrochemical industry, engineering machinery, electronic information technology industry and other processing industries. The "Made in China 2025" planning roadmap will also take important production equipment in the above fields, such as aerospace equipment large-scale structural parts manufacturing and assembly equipment, aircraft engine manufacturing key equipment, ship and marine engineering equipment key manufacturing equipment, rail transit equipment key parts complete set processing equipment, large-capacity power equipment manufacturing equipment, engineering and agricultural machinery production lines and other high-end CNC machine tools and their complete sets of products as the main development direction of the future machine tool industry. --China's machine tool industry is in the peak period of stock replacement and the adjustment and upgrading of the industrial structure, the localization level of the whole machine and core components is gradually improved, and the new cycle may have been started. The domestic machine tool industry mainly experiences the following four stages: In the embryonic stage (1978-2000), the machine tool industry realized market-oriented operation after the reform and opening up; In the stage of rapid growth (2000-2011), the domestic economy took off and the machine tool industry grew rapidly; In the downward stage of the industry (2011-2018), after the financial crisis, the global layout of the manufacturing industry underwent major adjustments, and high-end manufacturing returned to Europe and the United States; A new cycle (2018 to the present), at present, China's machine tool industry is in the peak period of stock replacement and the adjustment and upgrading of the industrial structure, the localization level of the whole machine and core components is gradually improved, and the development space is broad.