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The future development trend of mining machinery
Apr 17, 2018

How much do you know and understand about the development trend of mining machinery? We will take a good look at the mysteries of it!

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 businesses, continuously improved system integration capabilities and individuation, and diversified market adaptability.

First, the status is basic:

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.

Second, the development of regional imbalances with extremely uneven development:

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, demonstrating the unparalleled dominance of the three continents in the development of the world's machinery industry.

Third, the increase in cross-border mergers and acquisitions in machinery manufacturing

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 obtaining 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.

Fourth, structural adjustment is further deepened, and profound changes are taking place in production methods and management models:

Developed countries have increased the intensity of industrial transfer. Mechanical products with low added value have been placed in the market to potentially produce in 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, producer-oriented production methods have gradually shifted to consumer-oriented customized production methods. The personalization of services has become an important factor in the success of competition.