The short-term manufacturing boom is under pressure and affects the machine tool market demand. As a general-purpose machinery and equipment, the level of demand for machine tools is closely related to the prosperity of the downstream manufacturing industry. As a "barometer" of the prosperity of the manufacturing industry, the PMI index can more clearly reflect the prosperity and cycle of the current manufacturing industry. Recently, due to the repeated domestic epidemics that have had a greater impact on the manufacturing supply chain, the shutdown of some manufacturing companies has had a greater impact on the prosperity of the manufacturing industry. The PMI indexes in March and April 2022 were 49.5% and 47.4%, respectively. Both are lower than the boom line, and the growth rate of fixed asset investment and industrial added value also shows a downward trend. According to our judgment, with the gradual easing of the epidemic in Shanghai and other places, the national manufacturing boom is expected to be restored.
The electric intelligentization of automobiles has arrived, and the production of electric vehicles has created new demands for machine tools. The automobile manufacturing industry is the industry with the largest demand for metal cutting machine tools. With the gradual popularization of electric vehicles, changes in its product structure have a significant impact on the machine tool industry. Compared with traditional fuel vehicles, new energy vehicles are completely different in terms of platform, structure, and power. Its specific batteries, electronic controls, motors, and intelligent components need to be re-customized and developed, which is expected to drive new demand for machine tools. . At the same time, for hybrid vehicles, since they still retain the internal combustion engine system, their original processing requirements for machine tools have basically not changed. At the same time, the addition of the three-electric system will increase their demand for metal cutting. According to the forecast of the Prospective Industry Research Institute, by 2026, the sales volume of hybrid vehicles in my country is expected to reach 1.36 million units, which will significantly promote the demand for machine tools.