In-depth article! The most comprehensive analysis of auger bits domestic substitution import
In recent years, with the technological progress of my country’s mining accessories enterprises and the maturity of related industrial chains, as well as social voices such as supporting domestic products, my country’s mining accessories industry has ushered in a golden decade of rapid development. Import substitution is the main theme of coal machinery industry development in recent years.
At present, domestic auger bits have gradually broken through a number of technical barriers, and have basically realized import substitution. This process is accompanied by the innovation and upgrading of domestic self-owned technologies.
Since 2016, the coal market has gradually picked up, and the domestic demand for cutting teeth has continued to increase. At this time, domestic cutting teeth are also making efforts to seize market share with imported tungsten carbide tooth bullet teeth brands. In recent years, with the continuous development of innovative technology of picks, domestic tungsten carbide tooth bullet teeth has gradually occupied a place in the domestic market.
Domestic picks can quickly realize import substitution in a short period of time, mainly due to the following reasons:
●Excellent product performance
The domestic auger teeth take Shandong YK Drilling Tools as an example, the material is the same as foreign products; the wear resistance and impact resistance are comparable to imported picks; the auger teeth design, size specifications, ease of operation, etc. Adapt to the actual needs of domestic coal mines. Practical application proves that domestic picks have the same safety and effectiveness as imported picks.
●Domestic products are cost-effective
In terms of product prices, the unit price of imported picks U135-25 is about 500 yuan, while the unit price of domestic picks U135-25 of the same quality is about 200 yuan. Customers who use domestic products can save about 1/2 of the cost of similar foreign products. Products have a greater price advantage. In recent years, due to the rise of domestic picks, the market price of imported brand picks has been forced to decline.
Shearer Picks
●Comprehensive sales channels for domestic products cutting pick
In terms of product coverage areas, the products of foreign companies are mainly concentrated in areas with developed coal mining economy such as Shanxi and Shanghai. For domestic products, take Shandong YK Drilling Tools as an example. By the end of 2021, YK Drilling Tools will achieve full coverage in all provinces across the country, with more than 100 dealers and agents. In addition, the company also uses a multi-channel sales model to rapidly increase the company’s product sales.
