중국의 터닝 머신 및 장비 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the China turning machine and Equipment Market size is expected to grow from USD 4.5 billion in 2025 to USD 4.80 billion in 2026 and is forecast to reach USD 6.70 billion by 2031 at 6.90% CAGR over 2026-2031.

This report is Segmented by Product Type (Horizontal, Vertical, Conventional, and More), by Automation Type (Manual, Semi-Automatic, and Fully Automatic CNC), and by End-User Industry (Automotive & Commercial Vehicles, Aerospace & Defense, Medical Devices & Surgical Instruments, Oil, Gas, & Energy, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

China Turning Machine and Equipment Market Trends and Insights

Growth in Electric Vehicle Production Fueling Demand for Advanced Turning Equipment

China's shift toward electric mobility is creating a different demand pattern for the China turning machine and equipment market than in earlier automotive cycles. MIIT reported new energy vehicle production of 1.554 million units in May 2026, up 22.4% year over year, while cumulative output for January through May reached 5.841 million units. Electric vehicle powertrains are shifting machining demand toward high-precision components, including motor shafts, reduction gear components, battery thermal management parts, and lightweight structural components. These changes in equipment demand at the process level are driven by suppliers' need for repeatable CNC turning capability across a broader set of critical parts. It also means that many EV production programs require additional investment in precision machining for the electric drivetrain and associated components. The result is a steadier, more structural base order for the China turning machine and equipment market across automotive supply chains.

Made in China 2025 / MIC2025 Policy and Successor Programs

The earlier MIC2025 framework has now moved into more binding industrial policy channels that matter directly for the China turning machine and equipment market. China's 15th Five-Year Plan for 2026 to 2030 identifies industrial machine tools, described as industrial mother machines, as a strategic core technology area for national capability building. That policy direction matters because it links machine tools to broader goals of equipment independence, advanced manufacturing resilience, and deep local supply chains. It also gives domestic buyers stronger reasons to replace older equipment with higher-precision CNC systems that fit newer policy and technical standards. The same push supports domestic component sourcing and reduces the long-term case for relying on imported subsystems in standard applications. In the China turning machine and equipment market, this creates a more predictable demand floor than a typical capital-spending cycle would.

High Capital Cost of Advanced Turning Equipment

The cost gap between standard and advanced systems still limits how fast China's turning machine and equipment market can move up the value curve. Entry-level CNC lathes can be sourced at much lower prices, but 5-axis turn-mill compound centers used in aerospace and EV programs often range from USD 80,000 to more than USD 200,000 per unit, and a full production cell can exceed USD 500,000. That spending level is difficult for many Tier-2 and Tier-3 suppliers to absorb, given that average industry profit margins were only 7.3% in 2025. The burden is heavier in inland provinces where service depth, spare part availability, and application support are thinner than in the coastal belt. Subsidies and lending support help larger enterprises, but smaller buyers still have to weigh equipment purchases against working capital needs and customer price pressure. This keeps part of the China turning machine and equipment market on a slower upgrade path even when demand conditions are favorable.

Other drivers and restraints analyzed in the detailed report include:

1. Growth of Industrial Automation and Smart Factories
2. Expansion of High-Precision Aerospace Manufacturing
3. Skilled CNC Programmer and Machinist Shortages

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

The horizontal segment held 63% of the China turning machine and equipment market in 2025, reflecting its role as the standard configuration across automotive, general machinery, and energy equipment, as well as in export-oriented supplier networks. The segment keeps its lead because the installed base is large, service support is widely available, and operators are already familiar with the format. That combination supports replacement demand even when buyers become more selective of new projects. The vertical segment remains important for heavy parts such as bearing rings, wind turbine hubs, and large marine or compressor housings, where workpiece size and chip handling are critical. Swiss-type segment serves a smaller installed base, but it stays critical in medical device and semiconductor equipment clusters where very tight tolerances and stable repeatability are required.

The multi-tasking segment is the fastest-growing product category, with the China turning machine and equipment market for this segment expected to grow at an 8.4% CAGR from 2026 to 2031. Buyers are shifting toward these systems because a single setup can combine turning and milling steps, reduce handling, and cut the risk of dimensional error on complex parts. This is especially useful for EV motor housings, aerospace structures, and other components that need higher precision and shorter cycle times. Conventional segment still serves smaller inland workshops and lower-spec applications. Still, it is losing ground as buyers face tighter quality requirements and greater pressure to replace from modernization programs. Within the China turning machine and equipment industry, the product mix is moving away from simple like-for-like replacements toward equipment that supports more complex machining in fewer steps.

Complete Report Scope:

• By Product Type
  • Horizontal Turning Equipment
  • Vertical Turning Equipment
  • Swiss-Type Turning Equipment
  • Multi-Tasking Turning Equipment
  • Conventional Turning Equipment
• By Automation Type
  • Manual
  • Semi-Automatic
  • Fully Automatic CNC
• By End-User Industry
  • Automotive & Commercial Vehicles
  • Aerospace & Defense
  • Medical Devices & Surgical Instruments
  • Oil, Gas, & Energy
  • Electrical, Electronics & Semiconductor Equipment
  • General Industrial Machinery
  • Others (Consumer Goods, Defense Ordnance)

List of Companies Covered in this Report:

1. Shenyang Machine Tool Co., Ltd.
2. Mazak Corporation
3. DMG MORI
4. Dalian Machine Tool Group Corporation
5. Qinchuan Machine Tool & Tool Group Co., Ltd.
6. Okuma Corporation
7. DN Solutions
8. Ningbo Haitian Precision Machinery Co., Ltd.
9. Baoji Machine Tool Group Co., Ltd.
10. Hyundai WIA Corporation
11. Guangzhou CNC Equipment Co., Ltd.
12. INDEX-Werke GmbH
13. EMAG GmbH & Co. KG
14. JIER Machine Tool Group Co., Ltd.
15. Zhejiang Headman Machinery Co., Ltd.
16. Wuhan Heavy Duty Machine Tool Group Co., Ltd.
17. Citizen Machinery Co., Ltd.
18. Tsugami Corporation
19. Zhejiang Kaida Machine Tool Co., Ltd.
20. Nakamura-Tome Precision Industry Co., Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Growth in Electric Vehicle Production Fueling Demand for Advanced Turning Equipment
  • 4.2.2 Made in China 2025 / MIC2025 policy and successor programs
  • 4.2.3 Growth of Industrial Automation and Smart Factories
  • 4.2.4 Expansion of High-Precision Aerospace Manufacturing
  • 4.2.5 Increasing Localization of Precision Component Production
  • 4.2.6 Growth in High-Mix, Low-Volume Manufacturing
• 4.3 Market Restraints
  • 4.3.1 High Capital Cost of Advanced Turning Equipment
  • 4.3.2 Skilled CNC Programmer and Machinist Shortages
  • 4.3.3 Intense Price Competition Among Domestic Machine Tool Manufacturers
  • 4.3.4 Cyclical Industrial Investment Patterns
• 4.4 Value / Supply-Chain Analysis
  • 4.4.1 Raw Material & Component Suppliers
  • 4.4.2 Turning Machine & Equipment Manufacturers & System Integrators
  • 4.4.3 Distribution & Sales Channels
  • 4.4.4 End Users & Industry Applications
  • 4.4.5 Aftermarket & Lifecycle Services
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook & Innovation Investment Landscape
  • 4.6.1 Automation & Smart Manufacturing Integration
  • 4.6.2 Advanced CNC Control & AI-Enabled Process Optimization
• 4.7 Pricing Analysis
  • 4.7.1 Average Selling Price (ASP) Benchmarking of Key Market Participants
  • 4.7.2 Average Selling Price (ASP) Analysis, by Product Type
  • 4.7.3 Average Selling Price (ASP) Analysis, by Automation
• 4.8 Buying Criteria & Procurement Analysis
• 4.9 Emerging Growth Hotspots for Turning Machine & Equipment
• 4.10 Porter's Five Forces Analysis - Industry Attractiveness Scoring
  • 4.10.1 Threat of New Entrants
  • 4.10.2 Bargaining Power of Suppliers
  • 4.10.3 Bargaining Power of Buyers
  • 4.10.4 Threat of Substitutes
  • 4.10.5 Industry Rivalry
• 4.11 Impact of Geopolitical Events on the Market

5 Market Size & Growth Forecasts

• 5.1 By Product Type
  • 5.1.1 Horizontal Turning Equipment
  • 5.1.2 Vertical Turning Equipment
  • 5.1.3 Swiss-Type Turning Equipment
  • 5.1.4 Multi-Tasking Turning Equipment
  • 5.1.5 Conventional Turning Equipment
• 5.2 By Automation Type
  • 5.2.1 Manual
  • 5.2.2 Semi-Automatic
  • 5.2.3 Fully Automatic CNC
• 5.3 By End-User Industry
  • 5.3.1 Automotive & Commercial Vehicles
  • 5.3.2 Aerospace & Defense
  • 5.3.3 Medical Devices & Surgical Instruments
  • 5.3.4 Oil, Gas, & Energy
  • 5.3.5 Electrical, Electronics & Semiconductor Equipment
  • 5.3.6 General Industrial Machinery
  • 5.3.7 Others (Consumer Goods, Defense Ordnance)

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Competitive Benchmarking Analysis
• 6.5 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Products & Services, and Recent Developments)
  • 6.5.1 Shenyang Machine Tool Co., Ltd.
  • 6.5.2 Mazak Corporation
  • 6.5.3 DMG MORI
  • 6.5.4 Dalian Machine Tool Group Corporation
  • 6.5.5 Qinchuan Machine Tool & Tool Group Co., Ltd.
  • 6.5.6 Okuma Corporation
  • 6.5.7 DN Solutions
  • 6.5.8 Ningbo Haitian Precision Machinery Co., Ltd.
  • 6.5.9 Baoji Machine Tool Group Co., Ltd.
  • 6.5.10 Hyundai WIA Corporation
  • 6.5.11 Guangzhou CNC Equipment Co., Ltd.
  • 6.5.12 INDEX-Werke GmbH
  • 6.5.13 EMAG GmbH & Co. KG
  • 6.5.14 JIER Machine Tool Group Co., Ltd.
  • 6.5.15 Zhejiang Headman Machinery Co., Ltd.
  • 6.5.16 Wuhan Heavy Duty Machine Tool Group Co., Ltd.
  • 6.5.17 Citizen Machinery Co., Ltd.
  • 6.5.18 Tsugami Corporation
  • 6.5.19 Zhejiang Kaida Machine Tool Co., Ltd.
  • 6.5.20 Nakamura-Tome Precision Industry Co., Ltd.

7 Market Opportunities & Future Outlook

• 7.1 White-Space & Unmet-Need Assessment