--- title: "The CNC machine tool industry is rapidly developing" type: "News" locale: "en" url: "https://longbridge.com/en/news/230131885.md" description: "Since the beginning of this year, driven by emerging industries such as humanoid robots and new energy vehicles, orders for industrial mother machines have surged, with particularly strong demand for mid-to-high-end CNC machine tools. With the support of national policies for large-scale equipment updates and the replacement of old consumer goods, the domestic CNC machine tool industry has ushered in rapid development. The latest data shows that in 2024, China's metal processing machine tool production value is expected to reach 205 billion yuan, a year-on-year increase of 5.1%. In 2024, new orders and orders on hand for metal processing machine tools are expected to grow by 5.5% and 10.8% year-on-year, respectively" datetime: "2025-02-28T18:12:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/230131885.md) - [en](https://longbridge.com/en/news/230131885.md) - [zh-HK](https://longbridge.com/zh-HK/news/230131885.md) generator: "portal-rs" --- # The CNC machine tool industry is rapidly developing Since the beginning of this year, driven by emerging industries such as humanoid robots and new energy vehicles, orders for industrial mother machines have surged, with particularly strong demand for mid-to-high-end CNC machine tools. With the support of national policies for large-scale equipment upgrades and the replacement of old consumer goods, the domestic CNC machine tool industry has ushered in rapid development. The latest data shows that in 2024, China's metal processing machine tool production value will reach 205 billion yuan, a year-on-year increase of 5.1%. In 2024, new orders and orders on hand for metal processing machine tools will increase by 5.5% and 10.8% year-on-year, respectively ### Related Stocks - [000837.CN](https://longbridge.com/en/quote/000837.CN.md) - [300024.CN](https://longbridge.com/en/quote/300024.CN.md) ## Related News & Research - [Heart Aerospace Just Flew The Aviation Transition Investors Should Be Putting Billions Into](https://longbridge.com/en/news/296674386.md) - [Waymo pioneer Sebastian Thrun is building a new robotics startup](https://longbridge.com/en/news/296263073.md) - [Americanas capital rises R$ 0.01 after 1 warrant exercise issues 1 new share](https://longbridge.com/en/news/296650038.md) - [peaq: peaqOS integrates World ID for private human verification - 22 Aug 2026](https://longbridge.com/en/news/296680578.md) - [13:27 ETTop Enterprise Architecture Platforms Named 2026 Champions in Info-Tech Research Group's Emotional Footprint Report](https://longbridge.com/en/news/296641619.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**