Briefly describe the current market situation of domestic precision non-standard tools

Precision machinery manufacturing with high added value for automobiles, aviation, military and other products is the main user of high-end precision tools. Due to the rapid development of the above-mentioned industries in recent years in China, the demand for high-end precision tools (mainly carbide tools) in the domestic market is very large. However, the market for such high-end tools is currently mainly divided by foreign tool manufacturers, and domestic tool manufacturers rarely participate in competition.
In the domestic high-end precision tools (such as carbide inserts, drills, milling cutters, taps, etc.), the competition between foreign tool manufacturers (mainly from Europe, the United States, Japan and other countries) is also very fierce. Most of the powerful companies have set up subsidiaries or offices in China, and many small but slightly famous tool companies have also found agents in China. The most competitive among them is the high-end standard tool market, because standard tools are often stocked with large quantities, interchangeable, and short delivery times, which can be delivered in one or two weeks. However, the delivery period of non-standard tools often takes 8-10 weeks, which is difficult to meet the short delivery period requirements of Chinese customers.
In just over a year since entering China, Arnold Tool Company has not only ranked first in the country in tool grinding, but also in the precision non-standard tool market. These achievements were mainly due to local production and fast delivery. Arnold's non-standard tool delivery period generally only takes 1-2 weeks, which is enough to envy the peers. Foreign tool companies can provide high-end precision non-standard tools, but the response is slow and the delivery period is too long. However, although the domestic tool companies have short delivery times, most of their tool quality can not meet the requirements of high-end customers. Therefore, high quality and short delivery period is the weapon that Arnold Tool Company has overcome in the non-standard tool market.
There are still very few foreign tool companies that set up factories to produce non-standard tools in China. In addition to Arnold, there are several Japanese-owned tool companies, but they mainly produce medium and high-grade non-coated tools. Thanks to the high quality and short delivery period of Arno's tools, the foreign tool counterparts in the competition are complementing each other in the field of non-standard tools: a tool project with a total amount of one million yuan. Often, due to the long delivery period of 100,000 yuan of non-standard tools, it is impossible to sign the contract. The cooperation with Arnold often greatly enhances the competitiveness of these foreign tool counterparts.
This kind of competitive cooperation is beneficial to Arnold, to peers and to customers. Enhancing yourself in the competition and complementing each other in cooperation is Arno’s strategy. The horn has already sounded, and Arnold Tools will strive to become the first brand in China's precision non-standard tool market in the next five years.  

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