Hardware Tool Market Analysis

With the new wave of global economic integration, the global manufacturing industry has accelerated its shift to mainland China, and China will gradually develop into a world-class manufacturing base. The obvious advantages of Guangdong, especially the Pearl River Delta region, will develop into a global mold production center within 10 years. At the same time, due to the fact that China has imported molds for nearly US$1 billion per year in recent years, among which the precision, large-scale, complex, and long-life molds account for the majority, starting from the perspective of reducing imports, the proportion of such high-grade molds and hardware tools in the market will gradually increase. Increase. In the future, China's mold and CNC tool industry will also be among the best in the world.

China’s daily hardware industry has entered the world’s forefront. At present, at least 70% of China's hardware industry is a private enterprise, which is the main force for the development of China's hardware industry. China has gradually become a major metal processing country and exporter in the world, and it has become one of the world's major hardware manufacturers with a vast market and consumer potential. It is not difficult to find out carefully that the development of cutting tools for Chinese hardware tools generally has a tendency.

First look at the hand tool market: The demand for German hand tools has increased. In Germany, the tools for comfort and labor are the most popular. The smooth handles and beautiful appearance that help grip the tools are all important factors that appeal to their purchase. With regard to the types of tools, power tools are now becoming more and more popular. In addition, rechargeable tools have become increasingly popular. The new rechargeable tools currently on the market have multiple battery jacks that can be used in a variety of environments.

U.S. hand tool market demand has stabilized. At the same time that the United States increased the scale of new homes in the housing market at the end of last year, there are still a large number of existing homes unoccupied, bringing great opportunities for housing renovation. The average vehicle type and age of motor vehicles are getting larger, which has played a certain role in promoting the sales of hand tools in the automotive aftermarket. In addition, there is strong demand for forging tools for distribution of electronic products, especially adjustable wrenches.

Taiwan's hand tools industry has certain advantages in the world by virtue of its stable product quality, timely delivery, and complete product range, which can meet customer needs. Moreover, Taiwan’s hand tool sales are dominated by the off-island market. At present, there are about 5,000 local manufacturers, which are mostly located in the central area of ​​Taiwan Island. According to relevant survey data, with regard to the category of individual hand tools, the sleeves are the bulk of exports, followed by hand tools, the third is garden tools, the wrenches are ranked fourth, and the clamps are ranked fifth. In terms of exporting countries, the United States ranked first, followed by the United Kingdom, Germany and Japan.

The demand for cutting tools in the world will continue to grow. According to reports, the demand for cutting tools in the world continues to grow. Among them, European and North American countries have maintained stable growth, especially in Eastern Europe. The Asian market has seen a slight recovery. The market has great potential. The Latin American market has grown significantly, especially Mexico. In the past year, the slow growth in demand for the tool market has been mainly due to the increase in tool life and the need for users to request the entire manufacturing process instead of many machine tools and tools. And the use of multi-purpose tools has increased, replacing many simple tools that used to be single-function. Experts predict that in the future, users will place greater emphasis on the research and development of cutting tools by manufacturers, not only in the field of materials and surface coating technology, but also in the production of cutting tools and their production processes. The expert said that focusing on production practices will help toolmakers increase their market competitiveness in areas they are familiar with. Technical updates. Tool technology, cemented carbide tools gradually replace high-speed steel tools, especially circular tools. The application of coated cutters is becoming more and more common. In Europe, the market for new cutting tools for high-speed machining continues to increase. The dynamics of the manufacturers. Judging from the cooperation mode of tool manufacturers, many large companies will emerge in the high-tech market.

The economic data of the domestic tool industry shows that the total amount of tool consumption in the domestic market reached a record high of RMB 40 billion in 2011, an increase of RMB 7 billion from the total consumption of RMB 33 billion in 2010, a year-on-year increase of 21.2%. Among them, the sales of domestically-made knives totaled 26.5 billion yuan, a year-on-year increase of 20.5%, and the total sales of imported knives were 13.5 billion yuan, a year-on-year increase of 22.7%. The data provided by the tool branch shows that in 2011, the total production volume of China-made cutting tools reached 35 billion yuan, and export cutters reached 8.5 billion yuan, a year-on-year increase of 21.4%. According to this growth rate, it is expected that the scale of tool consumption in 2012 will reach more than 48.5 billion.

Judging from the final statistical data, although some small and medium-sized enterprises producing low-end products in the second half of 2011 experienced significant declines in orders and even production and sales were in trouble, most high-end products continued to maintain strong growth momentum. In summary, the year-on-year growth was still maintained and new historical peaks were created.

Brands and services have become the key for some companies to gain customer support and recognition in the second half of 2011, and some domestic cutting tool companies with innovative capabilities are also in front of their peers. Not only are sales performance converse and they are becoming The important force supporting the growth of the industry throughout the year.

It is worth noting that, despite the market share, domestic tools still accounted for 66.25%, firmly occupying the dominant position in the market, but the high-end products that are comparable to imported tools in China-made tools are only worth over 2 billion yuan. Less than 10% of the total amount. At the same growth rate, the growth in sales of domestically-supported knives is still dominated by medium- and low-end products. Shen Zhuanghang, Honorary Chairman of the China Machine Tool Industry Association Tool Sub-Committee, said that compared with imported products that are mostly modern and efficient tools, the high-end products of domestic tools still account for only a small part.

However, as can be seen from the statistical data, the demand for high-end cutting tool products still maintains a strong momentum. The demand for modern high-efficiency tooling in the domestic manufacturing industry has grown much faster than low-end tools. Not only the market share of high-end cutting tool products is increasing, but also the proportion of high-end products made by domestic tools is also on the rise. Shen Zhuangxing think so.

On the one hand, in the traditional manufacturing industry, the dual requirements of high labor costs and increased production efficiency have led many companies to actively adopt advanced machine tools. The demand for cutting tools in the domestic manufacturing industry is moving from medium to low-end to high-end. For the main shift, the demand for modern high-efficiency tools will increase significantly. On the other hand, due to factors such as cost pressures, the domestic high-end manufacturing industry has gradually shifted some of its high-efficiency tool orders from foreign companies to domestic cutting tool companies, replacing them with domestic tools with equivalent performance. It is also becoming a trend. Modern efficient cutting tools will gradually become the mainstream of the market. Luo Paihui, the secretary-general of the International Model Association, believes that in the event that the structure of the tool market is out of control, the production of highly efficient cutting-edge tool products is the hard truth. This will enable the tool market to undergo a major transformation. At present, some advanced machinery manufacturers have asked the tool factory for the supply of certain highly efficient cutting tools and efficient special tools. However, due to the lack of ideological preparation and technical preparation of the tool factory, the supply (or only a small supply) could not be satisfied. ) The requirements of the machinery manufacturer, and therefore these plants use a large number of imported tools and products of foreign tool companies, and this situation needs to be changed, and only in this way can the tool out of control market get a good control.

China has become the world's most promising tool market, and many multinational tooling groups are also in the development strategy of the post-crisis era. Without exception, all of them have made cutting tool sales in China the top choice. Each company’s Asia Pacific headquarters and R&D Centers, training centers, logistics centers, etc. have all settled down in China, and China has been taken as the center to radiate into Asia, serving customers more directly and conveniently to better meet the special needs of customers in the Asia Pacific region.

Analysts believe that the reason why the Chinese market will receive such attention is that the market share in the Chinese market accounts for an increasing proportion of its global market share. In order to firmly grasp the Chinese market, foreign tool manufacturing companies are carefully studying the needs of China's equipment industry. For example, Seco Tools set up the Industry Development Department this year, aiming to study the industry and focus on providing typical parts processing for the industry. solution. The technical experts of this department are each responsible for a key industry, pay attention to the development of the industry, solve the technical problems of tool application in the industry, and provide tool application training to customers in this industry from time to time.