China's mold and CNC Tool Industry Analysis

According to statistics, the annual global manufacturing cutting costs reach $ 400 billion, of which $ 20 billion cost of the tool around. Tool market worldwide demand is growing. Including Europe, North America increased stability, especially in Eastern European countries, Asian markets rebounded slightly, the market has great potential, significant growth markets in Latin America, particularly Mexico. Users will be more emphasis on the future of the tool manufacturing plant research and development, not only in the field of materials and surface coating technology, but also in the product and its production process tool, the focus on production practices that will help to increase the tool factory in which they are familiar with the field of market competitiveness. In technical updating, Carbide End Mill cutting tools gradually replace high speed steel tools, especially round cutter. Coated tools are becoming more common in Europe, with a new high-speed machining tool market share is growing.

From the tool manufacturers point of view, in high-tech areas of the market will be a lot of big companies powerful combination. At present the domestic market for high-grade die in great demand, according to the forecast, "Twelve Five" period, the mold steady upward trend in the total market, but requires domestic mold must be in terms of quality, delivery and other areas to meet the needs of users. Moreover, household appliances, automobiles, plastics industry the greatest demand on the mold. International market in recent years, industrial countries increased labor costs, the forward shift developing countries, especially Southeast Asian countries. Its domestic production of high precision molds, large amount of manual labor into a mold to rely on imports. Therefore, the middle and low mold international market potential is huge. As long as the quality of domestic mold can have improved delivery can guarantee the mold for export prospects are very optimistic. In addition, the international market standard mold also a great demand.

At present, only a small amount of exports. In the new wave of global economic integration, global manufacturing to accelerate the transfer of mainland China is a general trend, China will gradually develop into a world-class manufacturing base. Obvious advantages especially the Pearl River Delta region of Guangdong, will be developed within a decade to become the world center of mold. Meanwhile, in recent years, China's annual imports by nearly $ 1 billion mold, where sophisticated, large-scale, complex, long-life molds the majority, so from the perspective of reducing imports of such high-grade mold, hardware and tools in the market share percentage will gradually increases. The future, China's mold and CNC tool industry will also be among the highest in the world.