Developing a blue ocean strategy for shock absorbers, YTY Tools moves forward with the global leading brand.
With 30 years of experience in cutting tool development, YTY Tools focuses on market for shock absorber metal parts.
Taiwan’s machine tool industry is well-known around the world. According to research conducted by Yuanta Investment Corporation in 2020, the costs for global annual metal component processing is about 140 billion U.S. dollars. Among them, 3%, about 4.2 billion U.S. dollars, are spent on cutting tools. Currently metal components are majorly used in automotive parts industry. Moreover, due to their functional specificities, automotive key components such as chassis systems and shock absorbers are still irreplaceable and strongly in demand. Taiwan and the Netherlands are the two largest shock absorber manufacturers globally.
Development of a production line for specialized shock absorber, expanding a new blue ocean market
With the demand for shock absorber production lines, the market for cutting tools required for machine tools is also booming. So far, cutting tools have been widely used in various industries, including automobile industry, bicycle industry, machinery industry, home appliance industry, mold industry, screw nut industry and electronic industry.
YTY Tools has a professional design, R&D, and manufacturing technical team to optimize customer’s production lines of metal parts processing. We produce various cutting tools, such as special moldings, drills, and reamers. Under the trend of intelligent production, flexible manufacturing and just-in-time concepts are introduced to meet customer frequent proofing and design needs, as well as diverse and small-scale production needs. YTY Tools has been trusted and loved by customers from more than 20 countries around the world for its high competitive advantages, such as high quality, reasonable price and complete specifications, In recent years, YTY Tools has stepped forward, opening a new blue ocean market due to successful development of exclusive tools for shock absorber production lines. In the last decade, YTY Tools has become a highly competitive technical team, by keeping pursuing diversified and professional services, as well as fully meeting customers’ needs.
From Germany, Switzerland and Sweden: the best equipment and raw materials
YTY Tools has always insisted on adopting advanced and precise processing equipment to produce high-precision cutting tools in accordance with customer’s requirements. The quality has reached international standards. YTY Tools owns a lot of precision equipment on the production lines.
To meet customers’ needs, we have successively purchased 3 CNC optical projection molding grinders made in Germany to produce shape cutting tools and special-sized tools, fixtures and other products. To make each tool exhibit unique machining accuracy and high efficiency, YTY Tools conducts thorough inspection in the quality of each tool, including the size, angle and position of its contour and surface.
To adhere to the principle of good quality, the raw materials we adopted are Swedish Sandvik hard material, carbide Mitsubishi. Besides, each product is tailor-made for customers, with a long processing life and high-quality durability.
In addition, in 2018, in response to market and customer needs, tool grinders were imported from Switzerland for the production of forming milling cutters, forming drill bits, and forming turning tools, providing processing implantable medical materials, bone nails for biotechnologists, and tools for processing electronic 3C industries.
In addition to the automobile and transportation industries, the growth of the heavy engineering industry, industrial production and manufacturing industries have also greatly promoted the sales of cemented carbide cutting tools. Driven by the automotive and aerospace industries, the contribution of automotive and transportation to the cutting tool market will exceed 55% in the next few years.
Powerful driver of the transportation industry
As the global automotive market is continuously growing, the Asian, Oceania and Middle East regions currently account for more than 35% of the global market. Despite having nearly 30% of the market in the Americas, it reflects the huge opportunities for shock absorber manufacturers of hydraulic equipment suspension system. For years, automobile suspension technology research has undergone rapid development, from variable rigidity springs to air springs, from fixed damping shock absorbers to high and low frequency adjustable shock absorbers, and even the control of the height for the stability of automobile bodies, and so on.
In order to meet the needs of humans for riding comfort, driving control, and driving safety, active shock absorbers for suspension system of hydraulic equipment has become an urgent requirement. In such circumstances, the development of high-quality and high- durability special forming knives, BTA cutting tools, drills, and reamers has undoubtedly become the most urgent issue at present.
In addition to the automobile and transportation industries, the growth of the heavy engineering industry, industrial production and manufacturing industries have also greatly promoted the sales of cemented carbide cutting tools. Driven by the automotive and aerospace industries, the contribution of automotive and transportation to the cutting tool market will exceed 55% in the next few years.
One-stop design, R&D and manufacturing, creating the best value for customers
Founded in 1993, YTY Tools has 30 years of experience in cutting tools making. It has developed a wealth of experience and technology in the design and use of machining tools. Continuing to communicate and cooperate with customers in different industries, Its production and manufacturing teams has gained the trust of customers, and has also become a professional technical team in design, R&D, and manufacturing. YTY Tools can quickly provide different solutions to assist customers in optimizing tool design drawings to meet higher precision requirement. The products have smooth cutting surfaces and long service life, which can solve various problems for customers. YTY Tools provides special customized parts to its main customers, including Taiwan’s automobile and motorcycle industry, well-known listed companies in the motor industry, world-renowned shock absorber manufacturers, and major OEMs designated by major car manufacturers and refitting plants.
With excitement, Vicki Lee, Manager of YTY Tools, indicated that in 2020, among numerous competitors, YTY was chosen by the globally biggest shock absorber manufacturer for cooperation. It is expected that shock absorber production line, as well as the biomedical component production line, will also be deeply cultivated in the future to enhance customers’ competitiveness in the market. YTY Tools will continuously provide high-quality cutting tools for customers to improve production efficiency and create value.
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