Problems in the machinery accessories industry

In recent years, China's machinery industry has made significant progress in terms of scale, technology, and product quality, but it still has a certain gap when compared with foreign manufacturers' mechanical parts.

First, the reliability of China's machinery parts The issue of the reliability of China's construction machinery parts is a commonplace. In the survey, 80% of the respondents believe that the main disadvantage of domestic-made machinery parts products compared with foreign brand machinery parts products is poor product reliability. Indeed, compared with the advanced level in foreign countries, the reliability of China's construction machinery parts is far too far. In particular, transmission parts, hydraulic components, and electrical components have the greatest gaps, and damages, fractures, and wear often occur.

Secondly, the vast majority of survey respondents with 62% technical innovation ability think that the main problem that restricts the development of China's construction machinery parts industry is the problem of “technological innovation”. The actual situation, as surveyed, is that there are quite a number of construction machinery accessory companies in China, and most of them have weaker capabilities and basically have no independent technological innovation capabilities. Therefore, plagiarism and imitation have become the main means for developing products. A product has just been released, but other similar products have blossomed. Therefore, similar products, low levels of repeated investment, and repeated construction are serious. The downside is that the products that are highly needed by the host companies do not have, or cannot be produced, and are handed over to foreign companies. The low-tech products have a large surplus, resulting in vicious competition, the entire machinery parts industry sales soared, but the profit has dropped sharply is this reason, greatly constraining the development of China's construction machinery parts industry.

How we can better change this outcome requires us to search and explore more, increase the company’s own innovation capability, and at the same time ensure product quality, reducing costs is also an important means. It will become the development trend of the machinery parts industry. Under such a big environment, we must move closer to such an atmosphere.