1. Mold Overview

Mold is known as the "mother of industry" and is a processing tool that processes raw materials, endowing them with complete configurations and precise dimensions. It is mainly used for efficient and large-scale production of related components in industrial products. With the development of modern industry, molds have been widely used in fields such as automobiles, electronics, construction, transportation, energy, etc. According to different processing and forming methods, molds can be divided into injection molds, stamping mold, die-casting mold, forging mold, casting mold, extrusion mold, etc.

2. Development Background

In recent years, the support of industry regulatory authorities, regulatory systems, major laws, regulations, and policies for the mold industry has created a favorable industry environment for its development. With the increasing support for the development of renewable energy in China and even globally, and the vigorous promotion of carbon peak and carbon neutrality concepts, the mold industry will continue to maintain a good development trend.

Policies related to the mold industry

3、 Industrial chain

The upstream of the mold industry chain mainly includes the supply of raw materials and the provision of related supporting equipment and technology. Specifically, it includes mold steel, alloy materials, machine tools, standard parts, etc. The midstream of the mold industry chain are mold design and manufacturing enterprises, which are responsible for transforming the raw materials and tools provided by the upstream into mold products with specific shapes and functions. Downstream enterprises mainly include automobile manufacturers, home appliance manufacturers, mechanical equipment manufacturers, electronic communication equipment manufacturers, etc.

Mold industry chain

4、 Development Status of Mold Industry

1. The market size of China's mold industry

The development of China's mold industry was relatively late, and the modern mold industry did not start until the late 1970s. After years of efforts, by introducing mature design and manufacturing technologies from internationally developed countries and regions and combining independent innovation, China's mold manufacturing industry has established a complete modern mold industry system, and the scale and technological level of the mold industry have made significant progress. From 2017 to 2023, the market size of China's mold industry has increased from 293.7 billion yuan to 358.9 billion yuan. With the continuous development of China's manufacturing industry, the scale and comprehensive competitiveness of the domestic mold industry have made significant progress.

Market size of China's mold industry from 2017 to 2023

2. Import and export volume of China's mold industry

In terms of import and export, in recent years, the export scale of molds has been increasing year by year, while the import scale has shown a downward trend. According to statistics from the General Administration of Customs, the import value of molds in China was 2.051 billion US dollars in 2017, and will decrease to 1.025 billion US dollars by 2023; In 2017, the export value of molds in China was 5.49 billion US dollars, which will increase to 8.013 billion US dollars by 2023. The net export value of China's mold industry shows a significant growth trend.

Statistics of Import and Export Volume of China's Mold Industry from 2017 to 2023

Related report: "Research Report on Monitoring and Investment Direction of China's Mold Industry Development from 2024 to 2030" released by Huajing Industry Research Institute

5、 The competitive landscape of the mold industry

1. Industry competition pattern

In recent years, China's industrial system has gradually improved, and the gap between the level of mold design and production technology and developed countries abroad has been narrowing. Its advantages in mold development cycle, market response speed, production cost, and other aspects have been further highlighted. With the continuous improvement of the cost-effectiveness of China's mold products, their competitiveness in the international market has also been further strengthened.

The competitive landscape of China's mold industry

2. Introduction to Key Enterprises

Ningbo Heli Technology Co., Ltd. is mainly engaged in the research and development, design, manufacturing, and sales of automotive casting molds, die-casting molds, hot stamping molds, aluminum alloy parts, and automotive braking systems. Our main products include large precision molds for automotive engines, gearbox housings, new energy vehicle battery boxes, motors, as well as hot stamping molds for automotive door rings, A-pillars, B-pillars, crash beams, bumpers, and lightweight aluminum alloy parts for automotive engine cylinder heads, engine supports, flywheel housings, power steering gear housings, rail transit gearbox housings, and commercial vehicle brake assembly systems. In 2023, Heli Group achieved a revenue of 672 million yuan and a mold segment revenue of 436 million yuan.

Revenue of Heli Technology from 2019 to 2023

6、 Development Trends in the Mold Industry

1. Intelligence and automation

With the continuous development of technologies such as artificial intelligence, the Internet of Things, and big data, the mold industry will increasingly rely on intelligent and automated technologies. Intelligent molds will become mainstream, achieving efficient, precise, and automated control of the product forming process through integrated sensing technology, temperature control technology, intelligent control methods, and more. The application of intelligent and automated technology will greatly improve the production efficiency of mold manufacturing, reduce production costs, improve product quality, and meet the market's demand for high-precision and high stability products..

2. High precision and personalized customization

With the rapid development of manufacturing, various industries have increasingly high requirements for product quality and accuracy. As one of the key equipment in the manufacturing industry, the accuracy of molds directly affects the quality and performance of products. Therefore, improving the accuracy and stability of molds will be an important direction for the future development of the mold industry. With the continuous upgrading of consumer demand, personalized customization has become a new trend in various industries. The mold industry will gradually develop towards personalized customization to meet the personalized needs of consumers..

3. Technological Innovation and Industrial Upgrading

Technological innovation is the core driving force behind the development of the mold industry. In the future, the mold industry will continue to increase investment in technology research and development, promoting continuous innovation and upgrading of mold manufacturing technology. Through technological innovation and industrial upgrading, the mold industry will achieve a transformation and upgrading from traditional manufacturing to intelligent manufacturing and green manufacturing, enhancing the competitiveness and sustainable development capabilities of the entire industry.

Huajing Industry Research Institute has conducted a detailed analysis of the current development status and market supply and demand situation of China's mold industry, and has conducted in-depth analysis of the industry's upstream and downstream industrial chain, enterprise competition pattern, etc., in order to minimize enterprise investment risks and operating costs and improve enterprise competitiveness; And use various data analysis techniques to predict industry development trends, so that enterprises can seize market opportunities in a timely manner; For more detailed content, please follow the "Research Report on Monitoring and Investment Direction of China's Mold Industry Development from 2024 to 2030" published by Huajing Industry Research Institute.