At present, my country's machine tool accessories industry has developed relatively maturely, with continuously enriched product categories, basically meeting market demand. Moreover, with technological innovation, my country's machine tool accessories products are also constantly improving in terms of performance, quality, and lifespan. Especially in recent years, accessory manufacturing companies have been actively innovating, making great progress in customization and specialization, and their overall service capabilities have been continuously enhanced. At present, with the advantage of cost performance, my country's machine tool accessories products occupy a place in the mid-to-low-end market. However, just like machine tool manufacturing, there are still various problems in my country's accessory industry.
As relevant people pointed out: Overall, my country's accessory products still rely on overseas markets, and corporate R&D and design capabilities are weak and innovation capabilities are insufficient. Especially in the field of core parts manufacturing, there is still a big gap between enterprises and foreign enterprises.
At present, in my country's machine tool accessories industry, although there are a large number of manufacturing companies, there are few companies with comprehensive strength or outstanding development in a certain field. Specifically, most of my country's machine tool accessories manufacturing companies are small in scale, lack design and R&D capabilities, have no core advantages in technology, and mostly focus on single assembly and manufacturing. Therefore, in the market competition, my country's accessory manufacturing companies are still concentrated in the low-end market with low technical requirements. This has led to a situation where products are highly homogeneous. In order to win the market, many weaker machine tool accessory companies have begun to compete at low prices. As a result, the overall profitability of the industry has declined.
Therefore, whether it is the external driver of the demand for machine tool upgrades or the internal requirements of its own development, it has become inevitable for my country's machine tool accessories industry to upgrade its product structure.
As an enterprise in the accessory industry, it must focus on research and development and talent training. Enterprises should realize that rough and cheap manufacturing has been gradually eliminated. Only by continuous innovation in technology, new processes, new materials, and new models can they adapt to the ever-escalating market demand.
Although many companies are worried that transformation will bring greater development pressure. Because technological improvement is bound to be accompanied by a large amount of upfront investment, and it is difficult to see returns on these investments in a short period of time. But we should also see that as the scale of my country's manufacturing industry continues to expand and the level of technology continues to improve, my country's machine tool market ownership and new demand will continue to increase, which will bring a larger consumer market for machine tool accessories in the future. An important way to seize the opportunity is to improve the technical level of the machine tool accessories industry.