Global Hardware Tool Industry Grasps Market Demand Advantage and Develops

Tools as an important part of the equipment manufacturing industry and the important process equipment in the cutting process determine the processing efficiency, precision, quality and cost of parts in the manufacturing industry. Modern advanced manufacturing technologies are led by user companies. Users in our country must also take this lead, thus stimulating the development of a large number of material suppliers and machine tool suppliers.

In the sale of 33 billion yuan, the imported 11 billion yuan of cutters are all modern and efficient cutters. Of the 22 billion yuan made in domestic cutters, only about 2 billion yuan are available for modern efficient cutters, accounting for 10% to 15%. At present, the high-end market is dominated by multinational companies. This is a big problem.

In 2010, the total sales of imported tools and domestic tools reached 33 billion yuan, ranking first in the world. China's cutting tools grew by 40% in 2010, and the growth in the first three quarters exceeded 50%. In 2010, the sales of foreign cutting tool companies in China also grew very well. There is no market demand or development, and there is no market. Demand, this is our biggest advantage.

Tools as an important part of the equipment manufacturing industry and the important process equipment in the cutting process determine the processing efficiency, precision, quality and cost of parts in the manufacturing industry. When it comes to the gap with advanced technology, from the user's point of view, there are two biggest gaps: First, the entire industry's product structure is backward, the traditional universal standard tool still accounts for the majority, and sales are good, and even appear With the so-called low-alloy high-speed steel blades, the low-grade products have been slow to change and counterfeit. This problem is very serious. In 2010, China's high and low-end sales are all very good. This phenomenon is worth considering. Second, on the whole, there are still gaps in equipment, technology and services. Although the equipment conditions and technologies of some companies are improving, they still cannot meet the needs of users. I think that the problems are still mainly in service. In terms of solutions, we have shown that the combination of us and users is not good enough. With the premise of producing, researching and researching, now we can increase the use of research and production, and I think that the word should be used. Modern advanced manufacturing technologies are led by user companies. Users in our country must also take this lead, thus stimulating the development of a large number of material suppliers and machine tool suppliers.

Judging from future development trends, the global tool market is expected to grow by 3% to 5% over the next five years. At this growth rate, we are still ranking the world number one. From the perspective of the supply of domestic tools, domestic tools occupy a dominant position, reaching 65%. We have also achieved outstanding companies such as Zhuzi during these years. Together with the original four major tool factories, there are about 10 key enterprises. From the traditional tools into the modern tool industry, and it has developed well every year, they have entered a period of rapid growth. This is a very good performance.