MRO Magazine

Research and Markets: Machine Tools Market in China 2015-2019 – Growing Aerospace and Aviation Industry in China

September 22, 2015
By Business Wire News


Research and Markets ( has announced the addition of the “Machine Tools Market in China 2015-2019” report to their offering.

The machine tools market in China to grow at a CAGR of 6.50% during 2014-2019.

The report, Machine Tools Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Machine tools are used to cut and shape metals and nonmetallic materials based on the specifications of a product. They enable manufacturing of critical components with utmost ease and accuracy. These tools include metal cutting machine tools, metal forming machine tools, and machine tools accessories. Companies extensively use them across sectors such as automotive, general machinery, precision engineering, transport, aerospace, and dies and molds.

The machine tools market in China can be segmented into four end-user segments: automotive sector, general machinery sector, precision engineering sector, and transport machinery sector.

Key vendors

– Dalian Machine Tool Group (DMTG)

– DMG Mori Seiki Aktiengesellschaft

– Shenyang Machine Tools (SMTCL)

Other prominent vendors

– Byjc-okuma (Beijing)


– Shaanxi Qinchuan Machinery Development

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Machine Tools