Machine Tool Accessories Mfg. Industry

An Expert's View about Sourcing in China

Last updated: 19 Jul 2011

China Machine Tool Accessories Mfg. Industry Research

According to China Machine Tool Accessories Mfg. Industry Profile - the industry research report issued by Zeefer Consulting, Jiangsu, Liaoning and Guangdong are the major production bases for machine tool accessories mfg. industry in China. Zhejiang, Shanghai, Shandong, Fujian, Beijing, Henan and Hubei are the secondary distribution areas for this industry. Shandong has most leading machine tool accessories mfg. enterprises, and among all top 100 large machine tool accessories mfg. enterprises across China, 36 are located in Shandong.

In terms of market size, in 2009, machine tool accessories mfg. enterprises above designated size achieved a sales revenue of more than USD 2 billion. The total number of enterprises above designated size in machine tool accessories mfg. industry was more than 400, a rise of more than 25% on a year-on-year basis. On an annual average, total employees in machine tool accessories mfg. industry exceeded 40,000, an increase of more than 3% on a year-on-year basis. The total export delivery value exceeded USD 90 million, a decline of about 15% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in machine tool accessories mfg. industry added up to more than USD 100 million, a growth of more than 10% on a year-on-year basis. The averaged profit margin of enterprises in machine tool accessories mfg. industry was higher than 5%. On average, the ratio of return on assets in machine tool accessories mfg. industry was higher than 6%.

In terms of market position of foreign enterprises in China, in 2009, there were more than 45 foreign enterprises above designated size engaged in machine tool accessories mfg. production in China, accounting for more than 10% of all machine tool accessories mfg. enterprises across China. Foreign enterprises in China machine tool accessories mfg. industry achieved a ratio of return on assets of more than 3%, lower than the industry average.

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Full content of China Machine Tool Accessories Mfg. Industry Analysis:

http://www.allchinareports.com/china-machine-equipment-tool-industry/tools-industry-analysis/china-machine-tool-accessories-mfg.-industry-research.html

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The analyses above are extracted from the industry report: China Machine Tool Accessories Mfg. Industry Profile
 


Posted: 19 July 2011, last updated 19 July 2011

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