Automotive Technology Development Brings New Opportunities for Fastener Industry

“The continuous emergence of special materials and special technologies does not reduce the cost of the parts themselves, but it may reduce the total cost of the entire vehicle or parts.”

In 2005, the technology of the international automotive industry developed even more rapidly. The application of new vehicle technologies is increasingly reflected in automotive parts and automotive fasteners. The rapid development of automotive technology has also brought unprecedented development opportunities to China's fastener industry.

In the past ten years, while introducing automobile and motorcycle production lines, China has introduced corresponding steels for automotive fasteners, and gradually achieved localization. Among them, the highest domestic conversion rate of high-strength automotive fasteners has promoted the development of China's steel materials and industry, and gradually reduced the level of China's industrial technology and materials, automotive fasteners truly localized and internationalized. In order to truly improve the competitiveness of China's auto industry. From the statistical data, it can be seen that the world’s automotive multinational corporations, especially fastener companies, have gradually shifted their R&D and production bases to China, paying more attention to developing markets in China. This has also cultivated a large number of high-quality products for the fastener industry in China. Talents, and the comprehensive advantages brought by this talent advantage, will sooner or later appear in the independent innovation of China's fastener companies.

At the same time, China’s fastener companies have advantages that cannot be matched by developed countries in terms of labor costs, the number of technicians, and production potential. Statistics show that China's automotive fastener products have reached more than 60% satisfaction rate, the domestic market satisfaction rate has reached more than 70%, the general production of low-grade products has greatly exceeded the market demand. As a labor-intensive and raw material-intensive automotive fastener, China is also increasing its technical R&D and equipment introduction in various fields.

The cycle of replacement of automotive products is continuously being shortened. The development of the automotive industry requires that automotive fastener companies take more and more responsibility in vehicle development and become part of vehicle development. As the bolts of automotive coupling components, in order to meet the requirements of high design stress and light weight, new functions have been put forward for steel materials, and special materials and special technologies have emerged continuously. This does not reduce the cost of the parts themselves, but it may reduce the entire vehicle or The total cost of the part.

Fastener companies must increase investment in product development funds and improve the ability of automotive fasteners to independently innovate. In the face of new opportunities and challenges, big companies develop high-tech, key products, car fasteners, bearing cap bolts, connecting rods Bolts, cylinder head bolts, and their standards are based on technology and are approved by the OEM. However, the automaker will not provide it to you and will need to solve it by yourself. In production and support, actively cooperate with multinational companies; small enterprises should form an industry order, strictly control and check in terms of quality, increase contact with automakers, and make the development of fasteners a real part of vehicle development. .

In the new period and new challenges, along with the acceleration of globalization, Chinese fastener companies that are constantly being armed with advanced technologies will leapfrog development with innovation. It will surely become the global fastener production base.