2020 Machinery and Equipment Industry Accelerates Towards a Billion Dollar Industry

With the joy of steady growth and a beautiful vision for the future, the machinery and equipment industry in Nan'an has gone through a thrilling 2019. Looking back on 2019, there were too many unforgettable events in the mechanical equipment industry. The successful hosting of two industry events, new achievements in industrial design, and successful research and development of various intelligent equipment products have injected new impetus into the industry.

Nowadays, Nan'an machinery and equipment enterprises not only shine in the domestic market, but also go further and further on the stage of international competition. Faced with new challenges, the level of product intelligence and production process intelligence has become an important weapon for the mechanical equipment industry to win in the global equipment market with strong hands like clouds.

Industry insiders point out that with the vigorous rise of industrial transformation represented by intelligent manufacturing, the intelligent equipment industry, which integrates new generation information technology and advanced manufacturing technology, has ushered in great development. In addition, with the continuous improvement of standards and the continuous introduction of supportive policies, it is believed that by 2020, the machinery and equipment industry in Nan'an will stride towards a billion yuan industry. 

Intelligent upgrade of production process

For the mechanical equipment industry, the previous method of using resource consumption to drive production is no longer sustainable. Meanwhile, manpower is surpassing raw materials as the largest cost expenditure. Taking the path of intelligent development has become an inevitable change and trend in the industry.

Facing the market economy and participating in global competition, advanced manufacturing technology has become the core competitiveness of mechanical equipment enterprises. Although the mechanical market in the past year has not been as good as in previous years, the more sluggish the market economy, the more enterprises focus on cultivating their internal strength and arming themselves with intelligent production equipment.