NEWS/BLOGS

Analysis of the Characteristics of the Domestic Hardware Stamping Mold Industry

Jun 25,2023


At present, the development characteristics of the domestic hardware stamping mold industry are obvious, with large, precision, and complex products becoming the mainstream of the industry. The technological content will continue to improve, the manufacturing cycle will continue to shorten, and the production of stamping parts processing molds will continue to develop towards informatization, digitization, refinement, high-speed, and automation. The comprehensive strength and core competitiveness of the industry will be significantly improved. The cheap and high-quality Chinese stamping molds are quite popular in the international market, and domestic stamping molds occupy the second important position in China's total import and export of molds.
Since its formation, the stamping mold industry in China has developed rapidly, accounting for 40.33% and 25.12% of the total import and export of molds, respectively. It has become one of the important export countries in the international stamping mold field. At present, China's precision stamping molds are actively entering the international stage and participating in international competition.
The domestic stamping die industry is constantly catching up with the Vanguard International Semiconductor Corporation level, and constantly narrowing the technological gap with developed countries. Many domestic precision stamping dies have been comparable to imported products in terms of main performance. The overall level of the industry has significantly improved, not only realizing Import substitution industrialization, but also exporting a considerable number of products to the United States, Japan and other industrial developed countries and regions.
Although there is still a certain gap compared to developed countries, according to the current development prompts of the domestic industry, in the next few years, the domestic stamping mold industry will inevitably catch up and become the backbone driving the development of the domestic mold industry, improving the overall technical level of the industry to a higher level. The further improvement of technology and process level in the mold industry will significantly enhance the ability of domestic enterprises to grasp the market, thereby achieving a dual qualitative change in industry scale and technology level within the next five to ten years.
The adjustment of the layout of the domestic hardware stamping mold industry is a natural trend of economic development. After years of accumulation of technology, talent, and funds, the eastern region will gradually transform into a high-end product production base, while emerging clusters will undertake some mid to low grade production. This division of labor is relatively reasonable, breaking the previous situation of single products and severe regional homogenization, and also providing space for the development of China's mold industry on a ladder.

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