
In the past year, the slow growth in demand for the Chinese tool market was mainly due to the increase in tool life. Then there was a demand for the entire manufacturing process, replacing many machine tools and tools. And the use of multi-purpose tools has increased, replacing many simple tools that used to be single-function.
Future users will place greater emphasis on the research and development of tooling in the production plant, not only in the field of materials and surface coating technology, but also in the production of cutting tools and their production processes. The emphasis on production practices will help tool manufacturers increase their Familiar with the market competitiveness in the field.
From the perspective of the development trend of the machinery manufacturing industry, the main components of high-efficiency CNC advanced cutting tool CNC machine tools in our factories in the future. The proportion of machine tools will increase year by year, and the demand for efficient and advanced tools will also increase. China is a major producer and exporter of hardware tools. Most of the world's electric tools are manufactured and exported from China. Although China's cutting tool industry is relatively large, it has a weak technological innovation capability, a monotonous market structure, and brand influence. Weak and other factors, many tool manufacturers often lack core competitiveness, low-end product technology, it is difficult to become bigger and stronger. The advanced cutting tool is an essential part of the CNC machine tool, but there is a big gap between the tools produced by domestic tool makers and foreign advanced cutting tools.
Of course, there are also quite advanced cutting tools in manufacturing in Tianjin, Shanghai and other places. There is still a price difference, but the trend is that the demand for advanced cutting tools is increasing year by year. According to statistics, the country consumes 40% of the world's tool data, but its sales revenue only accounts for 12%-15% of the tool industry in the world. The gross profit rate of the tool companies in developed countries is about 40%, while the profit of China's tool factory is very low. The local tool factory is still losing money.
Judging from the technological development trend of the machinery manufacturing industry, the proportion of high-efficiency CNC machine tools in China's factories will increase year by year. The demand for high-efficiency advanced tools will increase rapidly, while the demand for aggressively-regulated tools will decrease year by year. In view of the increasing demand for advanced tools for CNC machine tools, China's tool industry must change its concepts, vigorously develop the production of high-efficiency cutting tools, pay attention to sales, and pay more attention to after-sales service, and strive to occupy more market shares.
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