For German technology, precision casting processing made in China has risen

Germany is a teacher in China's precision casting industry. One hundred years ago, one hundred years after the gift, it is still. In a variety of exquisite German precision casting processing pictures, people lament the high-precision technology of Germany, the professional quality of workers, that is, the "transformation" of high-end precision casting processing. The domestic machinery industry in Germany has enjoyed a good time. China's fast-growing competitors pose a serious threat to the dominance of German companies in the world market.

Strong opportunities for Chinese precision casting and processing companies to enter the European market

In the past few years, Chinese companies have promoted the growth of the global machinery precision casting industry: Chinese companies' share of the world market has increased by more than 50% in four years, from 23% in 2008 to decentralization in 2012. This growth has clearly had a negative impact on German precision casting processors: The world market share in the same period fell from 12% to 9%. "European mechanical precision casting processors must be aware that the competitive environment has changed and must deal with more obvious threats, otherwise they will be defeated by aggressive challengers from China," the authors wrote. "Chinese precision casting processors benefit to a large extent from China's large amount of cheap labor and high-yield supply. High production makes their production cheaper. The high demand in the domestic market and the support of the Chinese government have also helped China's precision casting processing. These advantages are reflected in the reported data: It is said that the share of Chinese machinery precision casting processors in the global construction machinery market has increased from 3% to 15%, and has increased fourfold between 2006 and 2011.

Emerging industries promote the rise of China's precision casting and processing

Even more impressive is the development of telecom equipment and wind turbine precision casting processors: their share of the global market has increased from a few percentage points to about 25%. The rapid development of emerging markets has also driven the rise of Chinese precision casting processors. Many customers in these markets don't want the cheapest machines, but they also value cheaper prices and are willing to sacrifice quality for it.

Chinese precision casting processors have achieved great success in providing niche products between cheap products and expensive high-tech products, usually from Chinese precision casting processors that have replaced German competitors in the fourth division, including data processors, electronics. The market leader in circuits and foundry molds. "

However, Chinese precision casting and processing companies are gradually getting rid of the government's large-scale support for high-tech sectors, so they are directly competing with German machinery precision casting processors. Chinese precision casting processors are now very strong in the medium and low-tech fields and are already part of Germany's leading precision casting processors. In the long run, Chinese competitors will be able to accumulate experience in this area and prepare for a higher technical field.