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Department store: Tool industry market demand space, new pattern and market competition trend analysis

 

Department storeIt is understood that the tool is mainly used for cutting, grinding, drilling, scraping, grinding or other important ways of actual operation of production processing, its performance directly affects the processing efficiency, processing quality and production costs。Cutting tools are manufacturing consumables,This is despite the fact that cutting tools account for only about 3% of production costs,However, the cutting time accounts for about 70% of the total processing time,The application of high-grade carbide cutting tools can improve the processing efficiency by at least 20%,Reduce production costs by 15%,It occupies an extremely important specific position in machining and manufacturing。

 

 

Tool material selection has an important impact on tool wear, processing efficiency, etc. The more common tool materials include high-speed steel, cemented carbide, diamond, ceramics and so on。Carbide with high hardness, high bending strength and toughness, high wear resistance and cost-effective characteristics, more widely used in CNC machine tools, is a more ideal CNC tool。

 

 

Tool industry market demand space

 

 

In the vigorous development of the global manufacturing industry, the cutting tool market has shown a significant growth momentum, and the market size has exceeded 240 billion yuan。As a large tool producer, China has maintained a growth rate of tool exports at 3-5% in recent years, showing a stable market competitiveness and export development potential。However, it is worth noting that the overseas tool market demand far exceeds the domestic market, which provides a broad overseas market expansion space for domestic tool companies。  

 

  Drills, circular saw blades, interchangeable tools and other tools have opened overseas markets。In 2022, the scale of China's tool exports was 23.2 billion yuan, an increase of 2.98%, of which the export scale of more than 1 billion yuan of categories are: drill 85.600 million, circular saw blade 45.800 million, swap instrument 26.700 million, blade 21.500 million, milling cutter 17.7亿。

  

China's tool market size of about 46.4 billion yuan, of which 12.6 billion yuan of imported tools, 2016-2022 imported tool dependence from 37% to 27%, has gradually realized the import of some tools replacement。According to the statistics of the China Machine Tool Industry Association, the total consumption scale of China's tool market in 2023 is about 50 billion yuan。

 

  

  Tool industry development pattern

  

  The department store learned that the world's carbide tool manufacturers are mainly divided into Europe and the United States, Japan and South Korea, the domestic system, the origin is mainly concentrated in China, Switzerland, Germany, the United States, Israel, Japan, South Korea and other countries。Some well-known domestic enterprises include Chinatungsten High-tech, Xiamen Tungsten Industry, Ouke billion, Sinovel Precision and so on。These companies have taken a leading position in technology research and development, product innovation and market expansion, and have played an important role in driving the development of the entire industry。

  

 Tool technology in the automotive industry, mold industry, general machinery, engineering machinery, energy equipment, rail transit and aerospace and other machinery manufacturing fields have played a pivotal role。Some well-known domestic tool manufacturers with a deep understanding of user needs and high research and development strength, began to provide customized cutting processing solutions to end users。This kind of customized service can not only meet the special needs of customers, improve the efficiency and effect of production and processing, but also enhance the loyalty of customers to the brand and gain more market share for enterprises。

 

 

Tool industry competition trend analysis

 

 

Cutting technology and the level of CNC tools are directly related to the efficiency of CNC machine tools, quality and the overall level of equipment manufacturing industry。In addition to the consumable properties of the tool, the productivity properties are more important。At this stage, the world regards modern high-efficiency tools as an important way to enhance the competitiveness of the manufacturing industry has become a consensus。September 1, 2023,The Ministry of Industry and Information Technology and other seven departments jointly issued the Work Plan for Stable Growth of the Machinery Industry (2023-2024).,It is clearly proposed to enhance the promotion and application of scientific and technological innovation products such as industrial mother-machines, instruments, and robots,Expand effective demand;Layout and construction of industrial basic common technology centers such as industrial mother-machines, instruments and meters,We will deepen the work of strengthening and reinforcing the industrial chains of key products,We will deepen supply-side reform,Will promote the development of the tool industry。

 

 

The department store will get it,Modern cutting process for tool base materials, coating materials, tool structure put forward higher requirements with high-speed, high-efficiency, high-precision production and processing needs continue to iterate,The development of tools that match modern cutting has become the future trend,This puts forward higher requirements for tool base material, coating material and tool structure。At this stage, domestic substitution is mainly reflected in the low-end, in the high value-added aerospace and other high-end fields, international brands accounted for more than 70%, the future of high-end tool import substitution still has broad space。  The above is the tool industry related information brought by the small edition of the department store. If you are interested in in-depth understanding, you can come to the scene to consult the details。

  

  Source: China Research Network