810-009281-001 Whether a country’s modern industry is developed depends to a large extent on the development strength of the machine tool industry. As an old capitalist country, Japan has a long history of machine tool production and manufacturing, which was involved in the field as early as 1889. Up to now, Japan and Germany together monopolize the world’s high-end machine tool market and occupy a large share, which has more than 10 well-known machine tool companies such as Yamazaki Mazak, Okuma and Mitsubishi Heavy Industries. As one of the world’s three major gear machine tools, the strength of Mitsubishi Heavy Industry machine tools can be comparable to Switzerland’s Leshauer and the United States Gleason machine tools, the overall strength is very strong.
Judging from the Mitsubishi Heavy Industry machine tool transaction process, Nidec was able to complete the acquisition, largely thanks to the company’s deep grasp of the market development needs of the reverse integration supply chain. On this basis, the enterprise can further expand the scope of business, in the fut810-009281-001 ure competition in an invincible position. In this regard, some analysis pointed out that our country’s enterprises should also learn from the experience, as soon as possible to catch up with the world development trend, after all, access to technology is the key to win the initiative.
Nidec has previously announced plans to become the world’s leading manufacturer of electric vehicle motors. To this end, Nidec has made special investments to expand production and purchase the necessary assets. Nidec plans to invest about $10 billion by 2025.
Mitsubishi Heavy manufactures the industrial equipment used to make automotive gears, not the gears themselves. Mitsubishi Heavy Industries has a 60 per cent share of the Japanese market for such equipment. The acquisition will provide Nidec with experience not only in gear and gear manufacturing, but also in the production of basic industrial equipment for this market.
According to sources, Nidec has now secured orders. By 2025, Nidec will produ810-009281-001 ce 2.5 million electric vehicle motors.
When Mitsubishi Heavy Industries sold the machine tool industry at the beginning, a company in Zhejiang Province in our country almost achieved a pioneer, but ultimately regretted missing the development opportunity. In this regard, netizens said that Mitsubishi Heavy Industry machine tools really sold cabbage prices, which is very emotional.
