Strategic context of machine tool industry development in the Russian Federation

The machine tool industry occupies an important place in the economy and in the development of industry in almost every industrially developed country in the world. The study presents an analysis of the machine tool industry and formulates the main challenges of its development and factors of low innovation activity. Russian manufacturers are inferior to leading foreign manufacturers in certain parameters of product competitiveness, including for reasons of lack of new production technology, shortage of highly qualified personnel, lack of certain types of competencies and resources for the RD implementation, and scaling of the results of innovative activity. At the same time, the demand from the domestic industry for high-tech modern equipment is growing, which is due to the rapid change in the technological structure and the global change in the industrial paradigm towards integrated automation and digitalization of production. There is definitely a trend of growth in orders for the products of machine tool builders in Russia; all plants, without exception, are loaded with work for many months ahead. This has not been the case in the modern history of Russian machine tool construction before. The specifics of military-industrial companies are the demand for sophisticated high-tech equipment, as well as a high degree of procurement regulation. The analysis of domestic production indicates that in the conditions of the devaluation of the ruble and amidst restrictions that led to an increase in the cost of imported products, Russian manufacturers could not fully take advantage of competitive advantages in the form of low cost of products, due to the complex problems of the domestic machine tool industry.

machine tool industry market, development strategy, sustainable development, demand growth, government support, innovation, industry challenges, industry technological security, innovation activity