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Current Status and Development Trend of China's Die and Mold Industry
As the foundation of modern industry, mold technology has been widely used in automobiles, energy, machinery, and other fields. In electronic products, automobiles, televisions, electrical appliances, instruments, meters, home appliances, and communications, 60%-80% of the parts rely on mold forming. The high precision, high complexity, high consistency, high productivity, and low energy consumption of using molds to produce parts are unmatched by other processing and manufacturing methods. The mold industry is also a "profit amplifier" for the manufacturing industry. The value of the final products produced using molds is often dozens or even hundreds of times higher than the value of the molds themselves.
2024/10/18
As the foundation of modern industry, mold technology has been widely used in fields such as automobiles, energy, and machinery. In products such as electronics, automobiles, televisions, electrical appliances, instruments, meters, home appliances, and communications, 60%-80% of the parts rely on mold forming. The high precision, high complexity, high consistency, high productivity, and low energy consumption of using molds to produce parts are unmatched by other manufacturing methods. The mold industry is also a "profit amplifier" for the manufacturing industry. The value of the final product produced using molds is often dozens or even hundreds of times the value of the mold itself.
The level of the mold industry has become an important indicator of a country's manufacturing level and is one of the important guarantees for a country to maintain its international competitiveness.
China, the United States, Japan, Germany, South Korea, and Italy are the six major mold-producing countries in the world. According to statistics at the end of 2018, the global mold market size has reached 1.8 trillion yuan.
China's mold industry has grown at an average annual rate of 15% in the past decade, which is twice the growth rate of domestic GDP. At present, China's mold industry has established a complete industrial system including mold technology research and development institutions, mold production, and supply systems. The scale and technological level of the industry have made significant progress, and mold output value has ranked first in the world.
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