China's tool companies' overall competitiveness will be greatly improved

Abstract Insiders predict, based on "high-end equipment manufacturing industry," second five "plan", "Twelfth Five-Year" period, the domestic market share of high-end high-performance tool, it may be increased from the current 15% to around 30% to 40% In modern times such as aerospace, energy transportation, defense military, etc...
According to industry insiders, according to the "Twelfth Five-Year Plan for High-end Equipment Manufacturing Industry", during the "Twelfth Five-Year Plan" period, the high-end market share of domestically produced high-efficiency tools may increase from the current 15% to 30% to 40%. In the modern manufacturing industries such as aerospace, energy transportation, and defense military, there will be several top production lines, and the competitiveness of China's tool companies will be greatly improved.

But at the same time, this also poses a greater challenge to China's traditional tool industry. Among the many private tool companies that we usually contact, the products are mostly “multiple and complete”, lacking classification and pertinence. As far as the three high-end equipment manufacturing industries, which are closely related to cutting tools, such as aerospace, rail transit and marine equipment, there are few experts in any of the three fields in China, which shows that we and developed countries The gap is not a little bit. There are no experts, indicating that we lack professionally segmented products. At the same time, the common problem of China's tool companies is that the ability of independent innovation is weak, and the repeated investment in the market has been normalized. Enterprises often win customers rather than unique products through price competition. In this case, the high-end tool field seems to be unpredictable for Chinese companies. To break through this barrier, the editorial analysis believes that the industry should step up the subdivision, because the categorization is easier to achieve each breakout, and our current situation is mostly a glimpse of the whole category.

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