Which industry sectors will fuel China’s machinery production?

IMS Research forecasts that China’s machinery production is in a phase of steady growth, by 2014 revenues will account for 24% of world total.

02/04/2011


IMS Research Logo“Because of huge internal demand and investment, there will be a rapid increase in the production of medium- and small-scale agricultural machinery, of material-handling machinery with a high performance-price ratio, and of low-end food & beverage machinery” IMS Research analyst, Wilmer Zhou, commented in the report “The China Machinery Production Yearbook – 2011."

China is already one of the biggest producers of agricultural machinery in the world. A policy of purchase subsidy has been implemented over six years; this subsidy increased to 14.49 billion RMB in 2010 from 13 billion RMB in 2009. The subsidy policy will continue to drive agricultural machinery production in the coming years; since, with 800 million farmers in China, developing modern agriculture and improving rural productivity is a critical Government task.

The Chinese Government has been spending 9% of its GDP on public works projects (such as the massive high-speed China railway project and the West-East natural gas transmission project) to improve the country’s infrastructure. Soaring public and private investment in China has led to a building boom in airports, subways, shopping malls, housing and public infrastructure. The material handling machinery sector is one of the biggest beneficiaries.

The huge population in China continues to drive the demand for food, beverage, and tobacco processing machinery and related packaging machinery. With the increasing numbers of the middle class and the wealthy in China, IMS Research notes the demand not only for basic machinery with a high performance-price ratio but also for advanced processing and packaging machinery.

With continuing industrialization and urbanization in China, IMS Research forecasts that its production of machinery production is in a phase of steady growth; revenues from production machinery will account for 24% of the world total in 2014. By then, China will be competitive in agricultural machinery, materials-handling machinery, textile machinery, plastics & rubber production machinery, food & beverage machinery, wind turbine machinery, and machine tools.

www.imsresearch.com

IMS Research

- Edited by Gust Gianos, CFE Media, Control Engineering, www.controleng.com



No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2013 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
The true cost of lubrication: Three keys to consider when evaluating oils; Plant Engineering Lubrication Guide; 11 ways to protect bearing assets; Is lubrication part of your KPIs?
Contract maintenance: 5 ways to keep things humming while keeping an eye on costs; Pneumatic systems; Energy monitoring; The sixth 'S' is safety
Transport your data: Supply chain information critical to operational excellence; High-voltage faults; Portable cooling; Safety automation isn't automatic
Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Plant Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.

Maintaining low data center PUE; Using eco mode in UPS systems; Commissioning electrical and power systems; Exploring dc power distribution alternatives
Synchronizing industrial Ethernet networks; Selecting protocol conversion gateways; Integrating HMIs with PLCs and PACs
Why manufacturers need to see energy in a different light: Current approaches to energy management yield quick savings, but leave plant managers searching for ways of improving on those early gains.

Annual Salary Survey

Participate in the 2013 Salary Survey

In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.

Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.

2012 Salary Survey Analysis

2012 Salary Survey Results

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.