Judging from the development history of the metal processing industry in recent years, with the rapid development of China's automobile, motorcycle, household appliances, electronic communications and other industries, especially the automobile industry, China's metal processing industry has developed at an unprecedented speed. . China not only ranks first in the world with an annual output of about 24 million tons of castings, it has become a major casting country in the world.

With the rapid development of my country's aerospace industry and construction machinery industry, in 2014, the scale of finished products of my country's CNC machine tool industry expanded rapidly. In 2014-2017, my country's CNC machine tool industry has gradually increased the number of finished products. In 2018, my country's CNC machine tool products reached 25.4 billion yuan, an increase of 6.00% from 2017. From 2015 to 2018, my country's CNC machine tool industry has gradually increased. In 2018, my country's CNC machine tool market reached 338.9 billion yuan, an increase of 10.73% from 2017. In 2018, in the downstream industry consumption of the CNC machine tool industry, the automobile industry accounted for the largest proportion of about 40%, and aerospace ranked second, accounting for about 17%. The two accounted for about 50% of the total consumption of my country's downstream industries.

In 2018, my country's CNC machine tools imported the largest number of CNC horizontal lathes, about 115 million units, and the total import volume of vertical machining centers was the highest at US$1.724 billion; my country's export products have the largest number of other bending, folding or leveling machine tools, are 274 thousand units, and the export value of CNC horizontal lathes is up to 362 million U.S. dollars. Forward-looking analysis believes that the scale of my country's CNC machine tool market will continue to grow in the future, and it is expected that by 2024, my country's CNC machine tool market will exceed 570 billion yuan.