Analysis on the current situation of sheet metal processing industry in China

R & D status with the development of industrial manufacturing technology and electronic information technology, the technical requirements for sheet metal processing products are also increasing. From 2011 to 2017, the number of patent applications in China’s sheet metal processing industry increased year by year; In 2014, the number of industrial patent applications reached the peak in recent years. In 2016, the number of patent applications in China’s sheet metal processing industry was 83, with a year-on-year increase of 6.4%; In 2017, the number of patent applications in China’s sheet metal processing industry was 52.

Market status with the global economic expansion and industrial adjustment, the global manufacturing industry has accelerated the transfer to emerging markets such as Asia and Latin America since the 1980s. At present, China has become an important manufacturing base in the world. The rapid development of manufacturing industry and the huge market capacity of industrial products have driven the development of China’s sheet metal processing industry, and the market demand of China’s sheet metal processing products(Sheet Metal Supplier) is very strong. From 2011 to 2020, the market scale of China’s sheet metal processing industry continued to expand; In 2016, the market scale of China’s sheet metal processing industry reached 688.5 billion yuan. However, generally speaking, the sheet metal processing industry started late, the scale of the industry is generally small, and there is a lack of production and technical personnel. It is difficult to form the core competitiveness of enterprises. The market competition is becoming increasingly fierce, and it does not have the strength to compete with international multinational corporations(sheet metal components).

Analysis of industrial economic benefits at present, on the whole, the economic benefits of sheet metal processing in China are good, and the operating profits of many industrial enterprises are more than 20%. The sheet metal processing industry mainly does distribution processing for automobile, shipbuilding, precision machine tools, precision instruments, communication electronics, elevators and other industries, and most of the partners are large foreign companies (GE, Bosch, Otis).

At the same time, this method can also do supporting processing for Chinese manufacturing enterprises(sheet metal manufacturer in china), and enable them to obtain key production technologies, so as to improve the product performance of Chinese manufacturing enterprises.