We have entered a new stage of the modern economic growth in most industries. The mining machinery industry also needs to adjust itself by following the economic development mode.
In modern times, the traditional production mode to make common or uniformed products adopted by most machinery companies have been abandoned and these enterprises have to try their best to research and develop their own special products and services with unique functions and different features to keep them strong and stand out in both the domestic and the global markets.
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In the future, the world mining machinery industry will witness three great changes: the high end oriented product technology, the personalization of the product requirement and the internationalization of the market competition.
The latest data shows that the current machinery products are transforming from the single technique pattern to the system integration technique one and from the single function pattern to the multi-function one. The product specification is turning from the medium and small scale to the mini or super large scale one.
Without enough flourishing demand for the mining machinery products, the mechanical industry is facing a negative situation in the market because the production capacity is excess. In other aspects, the essential reasons that cause the current declining tendency of the mining machinery industry come from the deep revolution of the Chinese economic development.
The current machinery manufacturers should keep pace with the latest development trend and make innovation with their own machines by make full use of the domestic resources and pushing the industrial upgrading.
