QYR Market Research Global Carbide Tipped Needle Holders Market | Page 4

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• The leading companies own the advantages on better performance, more
abundant product’s types, better technical and impeccable after-sales
service. Consequently, they take the majority of the market share of
high-end market. Looking to the future years, the slow downward price
trend in recent years will maintain. As competition intensifies, prices gap
between different brands will go narrowing. Similarly, there will be
fluctuation in gross margin.
• The industry is expected to remain innovation-led, with frequent
acquisitions and strategic alliances adopted as the key strategies by the
players to increase their industry presence. Market stays in mature
period with a clear concentration. Meanwhile, optimize product mix and
further develop value-added capabilities to maximize margins.
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