Six major development features of the world machinery manufacturing industry

In the 21st century, the world machinery industry entered an unprecedented high-speed development stage. Compared with other industries, the development of the machinery industry has the following features:

Status basification

Developed countries attach importance to the development of the equipment manufacturing industry. They not only occupy the forefront in the proportion, accumulation, employment, and contribution of the domestic industry, but also provide the equipment manufacturing industry with an important material basis for the development and production of new technologies and new products. It is a modernization. Economically indispensable strategic industries, even if they are industrialized countries that have entered the "information society," have all attached great importance to the development of the machinery manufacturing industry.

Economic scale

Global production has become the mainstream of the development of major multinational corporations. While continuing to unite and restructure and expand its competitive strength, major companies have also stepped up investment and R&D of their backbone business, continuously improved their system integration capabilities and personalization, and diversified their market adaptability.

The development is extremely uneven and the regional colors are heavy

Taking 2003 as an example, the top 500 companies with sales in the world are almost from North America, Asia, and Europe, accounting for 99% of the total. This shows that the three continents have unparalleled dominance in the development of the world's machinery industry. Developed countries have increased the intensity of industrial transfer. Mechanical products with low added value have been arranged into the market for potential demand from developing countries. In order to adapt to changes in market demand, major manufacturers have adopted specialized production. "Big-volume" has become a new feature of the production methods of many of the top 500 companies; at the same time, the producer-oriented production mode has gradually shifted to a consumer-oriented customized production method. The personalization of services has become an important factor in the success of competition.

New changes have taken place in the way of globalization of machinery manufacturing

There are two traditional ways of globalization: one is to use the home country as a production base to sell products to other countries; the other is to establish overseas manufacturing bases, manufacture products abroad, and sell to host countries or other countries. Its characteristics are: own manufacturing facilities and technology, products are entirely made by themselves; in the use of resources, it is limited to the use of raw materials, personnel or funds of the host country. With the fundamental changes in information technology revolution and management thinking and methods, the organizational forms of enterprises have also changed. These changes have occurred in multinational companies and will become a new type of globalization and will continue to develop. The main features of this change are: extensive use of other countries' production facilities and technical forces. The company can manufacture the final product and sell it globally without owning production facilities and manufacturing technology. The machinery manufacturing company establishes processing networks for parts and components globally and is responsible for the assembly and marketing of the products. The globalization of raw material deployment and parts procurement has become the development trend of the world's machinery manufacturing industry.

Cross-border mergers and acquisitions in machinery manufacturing have intensified

Modern mergers and acquisitions no longer emphasize competition against competition, and the strong and powerful combination of the main means to establish a competitive advantage. At this time, large companies in the process of globalization of machinery manufacturing are seeking to survive and develop. And it is a saturated market. Increasingly fierce market competition. The increased risk of investing in factories has also led more companies to adopt joint mergers and acquisitions. Under the premise of building a factory, optimize the product structure of the company to achieve the purpose of increasing production capacity, expanding market share, and gaining economies of scale. The industries with high technology as their connotation come from the threat of technological innovation. This has led multinational corporations to embark on the joint road to form a strong technological innovation capability. Strategic mergers and acquisitions among large enterprises in the machinery manufacturing industry have led to the reconfiguration of the resources of the machinery industry. Makes the world machinery industry's competitive landscape emerge a collaborative situation.

Product high technology

The development of modern science and technology represented by information technology has raised higher and newer requirements for the machinery manufacturing industry in various countries and regions. Especially the developed countries attach more importance to the development of the machinery manufacturing industry, which fully reflects the high-tech industrialization of the machinery manufacturing industry. Promote the irreplaceable basic role of technological progress and industrial upgrading in the entire society. The rapid development of high technology has played a role in promoting, upgrading and transforming. New high-tech achievements such as information and equipment technology, industrial automation technology, numerical control processing technology, robotics technology, advanced power generation and transmission and distribution technologies, power electronics technology, new material technologies, and new biological and environmental protection equipment technologies have begun to be widely used in the machinery industry. Its high-tech content has become the key to win the market competition.

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