In recent years, the overall development of the machine tool industry has been rapid, the demand for machine tool accessories has increased rapidly, and there is ample room for development in the domestic market. Especially in recent years, the rapid development of China's auto industry has driven the growth in the demand for machine tool industry and machine tool accessories.

At present, China's machine tool accessories are lacking in high-end technology and rely mainly on imports. The middle and low-end products are basically occupied by domestic production companies. However, in recent years, with the influx of products in Taiwan, the market competition for mid-range CNC machine tool accessories has intensified. Compared with machine tool OEMs, there are a large number of domestic machine tool accessory companies. Except some state-owned enterprises, most companies have smaller scale problems. There is a certain degree of gap in the accuracy of equipment and equipment performance of production companies.

At present, the major problems existing in China's machine tool accessory industry are insufficient investment in new product development, the need to further increase the level of product sales, and the need for manufacturers to strengthen product quality awareness, and to increase the adjustment of high and low end product policies.