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High-end advanced cutting tools are the main components of CNC machine tools. From the perspective of the 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 also increase.
China is a major producer and exporter of hardware tools. The vast majority of electric tools sold worldwide are produced and exported from China. Although China's cutting tool industry is relatively large in scale, due to factors such as weak technological innovation, over-monotonous market structure, and weak brand influence, many tool manufacturers often lack core competitiveness, and their product technology is low-end, making it difficult to become bigger and stronger. .
The advanced cutting tool is an essential part of the CNC machine tool, but there is a big gap between the tools produced by domestic tool makers and foreign advanced cutting tools. A large number of standard tools are used in China's machinery manufacturing industry, while developed countries use a large number of highly efficient cutting tools. This results in a much lower processing efficiency in China than in developed countries. China's tool makers are still producing a large number of traditional standard tools, and even some small tool manufacturers still produce large quantities of low-grade tools. These low-end tools are put into the market, not only have no market, but will reduce the development level of the entire industry.
Of course, in Tianjin, Shanghai and other cities there are also quite advanced cutting tools in manufacturing, there is still a difference in the price, but this trend is obvious, the demand for advanced tools is increasing year by year. According to statistics, China consumes 40% of the world's tool materials, but its sales revenue only accounts for 12%-15% of the world's tool industry. The gross profit margin of the tool companies in developed countries is about 40%, while the profit of China's tool factory is very low, and some of the tool factories are still losing money.
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. In addition, due to the increase in labor costs in China, the price advantage of the middle and low-end standard tool exports will gradually be lost, and the export volume will surely decrease.
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. For the current situation of increasing demand for advanced tools for CNC machine tools, China's tool industry must change its concepts, vigorously develop the production of high-efficiency cutting tools, pay attention to sales, and pay more attention to after-sales service, and strive to occupy more market shares. 
