Publish Time: 2023-04-01 Origin: Site
1 Technology update risk
With the intensification of competition in the aluminum alloy precision manufacturing market, the technology update cycle is getting shorter and shorter. Technological innovation and new product development are the key factors for the core competitiveness of aluminum alloy precision parts manufacturing enterprises. If the enterprises in the industry cannot timely and accurately grasp the development trend of the industry and products, it will weaken the existing competitive advantages of the enterprises.
2 Risk of raw material price fluctuations
The main upstream raw materials in the aluminum alloy precision manufacturing industry are aluminum materials, aluminum blocks, etc. In recent years, the price of aluminum has fluctuated greatly. Generally, enterprises in the industry will adopt flexible procurement at relatively low prices, sign long-term contracts to lock in prices in advance, and hedge to reduce the impact of raw material price fluctuations. The industry expects that there may still be an adverse impact on the profitability of the industry.
3 Market competition risk
The development of aluminum alloy precision manufacturing industry is gradually mature, and more and more potential enterprises will enter the aluminum alloy precision manufacturing industry. At present, the industry has a relatively high degree of marketization and relatively sufficient competition. Similar companies often compete for market share through product price wars. With the continuous advancement of technology in this industry, aluminum alloy precision manufacturing enterprises that have mastered core technologies and advantageous customer resources will gradually win. The existing industry structure may change, and the industry will face more intense competition.