Since 2006, China's shot blasting machine industry has grown at a double-digit rate every year, entering a stage of rapid development, and the overall quality of the shot blasting machine industry has improved significantly. Driven by emerging economies, the international shot blasting machine market is expected to grow by 6% to 10% in 2012, and will continue to maintain a relatively fast growth rate, creating favorable external conditions for the development of China's shot blasting machine industry.
Since 2008, China has been a major consumer market for shot blasting machines for five consecutive years. In 2009 and 2010, China's shot blasting machine output value ranked third in the world, making China a major shot blasting machine country. However, due to its low technological level, China's shot blasting machine industry is large but not strong. We strongly encourage independent innovation, and the scientific research achievements in China's shot blasting machine industry are constantly emerging. The development of new products is remarkable, and high-performance CNC shot blasting machine products such as five axis linkage CNC shot blasting machines and multifunctional composite shot blasting machines have begun to take shape. The CNC rate of products has been increasing year by year.
At present, the domestic shot blasting machine industry is dominated by state-owned, private, and foreign-funded enterprises, and the industry structure has been optimized. In order to enhance the competitiveness of enterprises, China's shot blasting machine advantage enterprises have grown and strengthened through mergers, acquisitions, and reorganizations, especially the acquisition of foreign-funded enterprises, which is more conducive to improving the technological level of domestic enterprises. From the order situation of major shot blasting machine production countries, Germany has strong demand, while orders from Japan and South Korea continue to increase. The orders from major shot blasting machine production factories in China are also very full. The good order situation provides a guarantee for the growth of the shot blasting machine industry.
Since 2006, China's shot blasting machine industry has grown at a double-digit rate every year, entering a stage of rapid development, and the overall quality of the shot blasting machine industry has improved significantly. Driven by emerging economies, the international shot blasting machine market is expected to grow by 6% to 10% in 2012, and will continue to maintain a relatively fast growth rate, creating favorable external conditions for the development of China's shot blasting machine industry.
Since 2008, China has been a major consumer market for shot blasting machines for five consecutive years. In 2009 and 2010, China's shot blasting machine output value ranked third in the world, making China a major shot blasting machine country. However, due to its low technological level, China's shot blasting machine industry is large but not strong. We strongly encourage independent innovation, and the scientific research achievements in China's shot blasting machine industry are constantly emerging. The development of new products is remarkable, and high-performance CNC shot blasting machine products such as five axis linkage CNC shot blasting machines and multifunctional composite shot blasting machines have begun to take shape. The CNC rate of products has been increasing year by year.
At present, the domestic shot blasting machine industry is dominated by state-owned, private, and foreign-funded enterprises, and the industry structure has been optimized. In order to enhance the competitiveness of enterprises, China's shot blasting machine advantage enterprises have grown and strengthened through mergers, acquisitions, and reorganizations, especially the acquisition of foreign-funded enterprises, which is more conducive to improving the technological level of domestic enterprises. From the order situation of major shot blasting machine production countries, Germany has strong demand, while orders from Japan and South Korea continue to increase. The orders from major shot blasting machine production factories in China are also very full. The good order situation provides a guarantee for the growth of the shot blasting machine industry.