Guoyuan Securities said in a research note demand for machine tools is rising
and the global market is expanding. The sector retains a pyramid structure with
Germany and Japan at the apex; 2024 data show China remains the world’s largest
machine-tool producer and consumer. Domestic players are numerous and operating
steadily, and China’s import-export mix is shifting toward higher-value trade,
weakening the traditional low-end-export/high-end-import pattern.