At present, the global diamond tool market can be divided into three basic types. The first type is European and American countries, mainly including the United States and Europe and other countries with advanced technology. They have more than 40 years of experience in diamond tool manufacturing, strong strength, leading technology and perfect sales system. To a large extent, they have formed a monopoly trend on the market. Some representative diamond tool manufacturing groups in Europe and America, such as Husqvarna, have an annual turnover of more than 300 million US dollars.
The second type is mainly Japan and South Korea, which have more than 30 years of experience in producing diamonds and tools, and have developed rapidly. They occupy a certain position in the DIY market and the high-end market, and gradually enter the professional market. Among the production enterprises in Japan and South Korea, the relevant process technologies mainly include hot pressing sintering and laser welding technology. The representative units such as Asahi Diamond Industry Co., Ltd. of Japan can have an annual output value of more than 200 million US dollars.
The third type is the manufacturing enterprises mainly in China. Some diamond tools in China have a high quality level. Some foreign diamond tool brands also entrust Chinese enterprises to produce. However, most of the products produced by most enterprises are of inferior quality and low price. Although there are many tools, they are low-end products. The quantity and volume of high-quality products are not enough to compete with foreign countries.