February 22, 2025

Industrial development drives rapid increase in demand for efficient tools

In recent years, although China's hardware and tools industry is not small development, but far behind the development of the machine tool industry. According to data surveys, China's current annual sales of tools is 14.5 billion yuan, of which the proportion of cemented carbide tools is less than 25%, which is not only far from the structure of international market tool products, but also can not meet the increasing demand of domestic manufacturing tools for carbide tools. Increased demand.

China is a major producer and exporter of hardware tools. Among them, the vast majority of electric tools sold worldwide are produced and exported from China. China has become the world's leading power tool supplier. Although China's hardware tools industry is relatively large, due to factors such as weak technological innovation, over-monotonous market structure, and weak brand influence, many hardware and tool manufacturers often lack core competitiveness and are difficult to become bigger and stronger.

At present, the imbalance of the tool structure is the production tool and the demand is not correct. For example, the user needs a large gap in the carbide tool, but the high-speed steel tool is over-manufactured; the high-efficiency cutting tools urgently needed in the modern manufacturing industry have large gaps, but the low-grade standard tools are over-produced. 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, and the demand for efficient and advanced tools will increase rapidly, while the demand for traditional standard tools will decrease year by year.

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