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+86 0379-66918688

Email:LeruiTools@hotmail.com

Address:No. 99, north of Quanzhuang Village and west of Jinqing Line, Jili District, Luoyang City, Henan Province

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+86 18303902299(Mr. Liu)

Sales Engineer

+86 16663799288(Mr. Li)

Short Report on China's CNC Tool Industry in 2021: Opportunities under Domestic Substitution of Imports

Category: Industry News Published At: Jan 5, 2022
        Short Report on China's CNC Tool Industry in 2021: Opportunities under Domestic Substitution of Imports

CNC Tool Definition

The CNC tool is a tool used for cutting in the process of industrial machinery manufacturing. In order to ensure the running state of the CNC machine tool and maximize its performance, the CNC machine tool needs to be equipped with tools suitable for its operating environment to play its role. The requirements for the design, manufacture and application of CNC tools are higher than those of ordinary tools. The difference between the two lies in the aspects of precision, structure, material and coating treatment. CNC tools can be classified into metal cutting, inserts, machine clamps and composite tools according to their structure.

Wide range of downstream applications of CNC tools

The downstream of China's CNC cutting tools includes automobile/motorcycle, machine tool, general machinery and mold and other application industries, of which the industry with a relatively high proportion is automobile and motorcycle manufacturing and processing, reaching 21%. Among them, many processes used in the manufacturing process of automobiles and motorcycles require special or composite tools. Such CNC tools have the characteristics of complex overall structure and high technical content.

The demand for CNC tools is closely related to the CNC machine tool industry

Machine tool is the industry with the second largest market share in the downstream application market of CNC tools. Since CNC tools are the key cutting tools and components in the process of CNC machine tools for metal processing, their consumption demand is highly related to the development of the CNC machine tool industry. The growth of the downstream CNC machine tool market will drive the production of midstream tool manufacturers to increase.

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Honing Head

Honing Head

PCBN chip breaker inserts

Pcbn Chip-Breaker Inserts

Coated PCBN Inserts

Coated Pcbn Inserts

LERUI provides customers with tool manufacturing services for various projects

Our products are suitable for turning, milling and hole processing applications. Using LERUI tools can achieve faster cutting speeds and longer tool life.

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