CNC (Computer Numerical Control) machine tools, often hailed as the “mother machine” of industry, are among the most crucial tools in industrial production. They provide intelligent manufacturing equipment and components for the equipment manufacturing sector, forming the cornerstone of the entire industrial system.
In recent years, bolstered by increasing policy support from the Chinese government, domestic machine tool enterprises have significantly ramped up investments in technological innovation. This has propelled the CNC machine tool industry into a phase of rapid development, characterized by continuous expansion in industrial scale and steadily improving market conditions.
According to statistics, China’s CNC machine tool market grew from approximately ¥327 billion in 2019 to around ¥409 billion in 2023, representing a Compound Annual Growth Rate (CAGR) of about 5.75% over this five-year period. Based on current market trends, the industry’s scale is projected to reach ¥432.5 billion in 2024.
XIAMEN GUAN SHENG PRECISION MACHINERY CO.,LTD was established to solve the different pain points in the industry. Founded in 2009 in Xiamen, China, we continuously expand our envelope in the rapid prototyping world by providing the best quality rapid prototyping and manufacturing services, including CNC machining, injection molding, sheet metal prototyping, and 3D printing. As a rapid manufacturer and prototyping company. We operate more than 150 sets of 3, 4 and 5-axis CNC machines and offer 100+ different types of materials and surface finishes, guaranteeing quick turnaround and quality of disposable prototypes and production parts.
Post time: May-29-2025