At present, China’s industrial caster enterprises are basically still in a state of extensive production, with problems such as imitation, imitation, lack of creativity, serious homogenization, lack of high-end products, insufficient manufacturing technology and management capabilities. As a result, China’s foundry industry looks large but not strong. So, how can we improve the market competitiveness of domestic caster products and change the profitability of enterprises?
1. Caster enterprises must improve their production technology and technological level in order to improve the quality and performance of products, and strive to change the extensive mode of operation that relies on the production of a large number of products for profits. Industrial caster manufacturers should actively develop high-quality products and build high-end brands to enhance the added value of products and promote the long-term development of enterprises.
2. With the development of social economy, people’s ideas have also changed. The concept of “individuation” is gaining popularity. People also have higher requirements for the quality of life. Therefore, the production of casters, universal wheels, industrial casters and other products should also reflect the concept of “people-oriented” to fully meet the needs of different consumers.
3. At present, more and more casting machine enterprises have incorporated scientific and technological achievements into their products, highlighting the characteristics of novelty and individuality, which is helpful to stimulate consumption and expand the market scale. Based on the comprehensive analysis of the market development, Wuhan Daxing Casters Co., Ltd. actively adjusts the product structure according to the needs of consumers, increases scientific and technological research and development and innovation efforts, and is determined to participate in the industry competition with high quality and high added value casters.
