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Development Status of Increased Demand for Advanced Tool Tools for CNC Machine Tools

April 10, 2023
The mold industry is moving toward technological innovation, and technological upgrading is necessary. This is the most important condition for the rapid development of the industry and market demand. Although China's mold industry started late, the low-end products were mainly in the early stage, but with the gradual transformation, new opportunities for the industry have already been placed in front of us.
At present, the domestic market has a large demand for medium and high-grade molds, among which the home appliance, automobile and plastic products industries have the largest demand for molds. It is understood that during the "Twelfth Five-Year Plan" period, the overall trend of the mold market is stable and upward, but domestic molds must meet the needs of users in terms of quality and delivery time.
In the international market, in recent years, labor costs in industrialized countries have increased, and they are moving to developing countries, especially Southeast Asian countries. Its domestic production of high-quality, precision molds, the amount of labor input is large, relying on imports to solve. Therefore, the potential of the medium and low-end molds in the international market is enormous. As long as the quality of domestic molds can be improved, the delivery time can be guaranteed, and the prospect of mold export is very optimistic. In addition, the demand for mold standard parts in the international market is also large. At present, there are only a small number of exports in China.
Luo Baihui said that in recent years, China imported nearly 1 billion US dollars of mold per year, of which precision, large, complex, long-life molds accounted for the majority, so from the perspective of reducing imports, the proportion of such high-end molds and hardware tools in the market will also Gradually increase. In the future, China's mold and CNC tool industry will also rank among the best in the world.
In the past year, the slow growth of demand in China's tool market was mainly due to the increase in tool life, and the need for users to address the entire manufacturing process, replacing many machine tools and tools, and the use of multi-tools. It replaces many simple tools with previous single functions.
From the perspective of 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, and the demand for high-efficiency advanced tools will increase rapidly. In addition, due to the increase in labor costs in China, the price advantage of medium and low-end tools will gradually be lost. For the current situation that the demand for advanced tools of CNC machine tools is increasing, China's tool industry must change its concept, vigorously develop the production of high-efficiency and advanced tools, pay attention to sales, pay more attention to after-sales service, and strive to innovate to occupy more market share.
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