In recent years, with the rapid development of the automotive industry, the automotive mold industry has also ushered in a huge market demand and technological innovation. Automotive molds are indispensable basic process equipment in automobile production, and more than 95% of automotive parts need to be formed by molds. This industry is not only strong in the domestic market but also shows a significant growth trend globally.
Industry Status and Market Size
China's automotive mold industry started relatively late, but in recent years, it has benefited from the huge market demand of domestic manufacturing, the comparative advantage of labor costs, and the accumulation of technical experience. The R&D and production technology level of domestic mold manufacturing enterprises has been continuously improved. According to statistics, in 2021, the total industrial output value of China's mold manufacturing industry reached 395.993 billion yuan, a year-on-year increase of 4.6%. In 2022, the market size of China's automotive mold industry was about 108.38 billion yuan, a year-on-year increase of 3.17%.
Industry Chain and Policy Support
The upstream of the automotive mold industry chain mainly includes raw materials such as mold steel, cast iron, rubber, plastic, and equipment such as CNC machines and stamping machines. The midstream is the automotive mold production supply link, and the downstream is mainly used for automotive parts and whole vehicles. Governments and related departments have continuously introduced a series of industrial policies and medium and long-term development plans, directly or indirectly supporting the development of China's automotive mold industry.
Technological Development Trends
With the rapid development of the automotive industry, the automotive mold industry is heading towards precision, large-scale, automation, and intelligence. The application of continuous stamping processes makes mold design more complex, and molds are also more large-scale. The widespread application of mechanical hand transfer technology, optical automatic detection, and online detection technology has continuously improved the level of automation and intelligence of molds.
Competitive Landscape
At present, the Chinese automotive mold industry market is relatively fragmented, and enterprises can be roughly divided into three categories: mold development enterprises affiliated with large domestic automobile manufacturers, independently operated private enterprises, and small-scale manufacturers. Tianjin Automobile Molding Co., Ltd. is the largest global automotive cover mold enterprise, with customers covering most well-known domestic automobile manufacturers and many international well-known automobile enterprises.
Future Outlook
With the rapid development of new energy vehicles, the automotive mold industry will usher in more development opportunities. The demand for automotive lightweight, new material applications, and intelligent technology will promote the development of the mold industry towards the high-end market. It is expected that in the next few years, the automotive mold industry will continue to maintain steady growth, and technological innovation and market demand will become the main driving forces for industry development.
Baolaihua
Customer service staff
