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The mold industry is gradually growing

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With the continuous development of the mold industry, its scope of application is also wider and wider, and at the same time it has the characteristics of high output value, high efficiency and high driving. The countries all over the world attach great importance to the development of the mold industry. After joining the WTO, with the advantage of manpower and cost, the world manufacturing center moved to China, which led to the development of the domestic mold industry. In recent years, the domestic mold industry has maintained an amazing growth rate of 30%. The number of domestic mold manufacturers has increased to more than 50,000, and the number of employees is about 2 million. The annual output value of molds has reached 180 billion yuan.
Although the industry has achieved tremendous development, due to the constraints of technology, talents and other factors, the gap between the service life, accuracy and advanced level of domestic molds has increased, mostly in the middle and low-end products, and the demand gap in the high-end market is very huge. At present, China's low-tech molds have been oversupplied, while medium- and high-grade molds with high technical content are far from meeting demand. High-end molds such as precision and complex stamping dies and car cover moulds still have a lot of room for development.
Nowadays, vigorously developing high-end equipment manufacturing has become one of the important economic goals in China, so the high-end mold manufacturing industry will also usher in a broader market space. In order to speed up the development of China's mold industry, the Chinese government will likely continue to develop steady growth, thereby stimulating investment and accelerating growth again. With the strong support of the government, the development of the domestic mold industry can reduce the troubles and prosper!