Strong demand in the machine tool accessory industry is adding wings to the tiger

The rapid development of China's machine tool industry has led to a surge in demand for machine tool accessories, resulting in a large domestic market capacity. Experts predict that the demand growth rate of China's machine tool accessories market will reach 16.1% in 2014. Under the strong demand, the machine tool accessory industry is gaining wings and striving to move forward.

The rapid development of China's machine tool industry has led to a surge in demand for machine tool accessories, resulting in a large domestic market capacity. Especially in recent years, China's automobile industry has developed rapidly, making the market for machine tool industry more prosperous. At present, the market for mid to low end CNC machine tool accessories in China is mainly dominated by domestic products, with some products such as CNC dividing heads and tool holders still being exported in bulk. The market competition for high-end CNC machine tool accessories is becoming increasingly fierce. According to Mr. Huazong of Aoshu Control, machine tool accessory products are always artificially labeled. Domestic and imported products have better quality than domestic ones, and imported products should be more expensive than domestic ones. The main reason for this distinction is mainly due to technical and quality reasons.     

Domestic CNC machine tool accessories can basically meet the needs of mid-range CNC machine tool matching, but there is still a gap between the machine tool accessories of some high-end level CNC machine tools and those of foreign countries. The main reason for the gap is the insufficient overall equipment manufacturing ability, collaborative matching ability, and the enterprise's own technological transformation ability. Due to the surge in market orders, the development of new products has been affected. According to the information obtained by the Secretariat of the Machine Tool Accessories Branch, the development of new products by industry enterprises is mainly concentrated in backbone enterprises. Most industry enterprises should pay more attention to the research and development of technical reserve products while ensuring a large number of market orders, and solve the contradiction between ordered products and new product development. We need to maintain the current market while also paying attention to developing future market competitiveness.

In recent years, with the rapid development of the national economy, the revitalization of the equipment manufacturing industry, the technological upgrading of the entire manufacturing industry, and the increasing demand for national defense modernization, driven by the rapid growth of fixed assets investment, China's machine tool accessories and tools market presents a situation of booming production and demand. Driven by strong market demand, the domestic machine tool industry has seen a prosperous production and sales situation, and the machine tool accessory industry has also gained wings and made great efforts to move forward under the strong demand.