In the realm of mechanical machining, tool wear is an unavoidable phenomenon. Monitoring the condition of tool wear is crucial for enhancing machining quality and advancing automation in the manufacturing process. This paper investigates an innovative approach to tool wear monitoring that integrates machine vision with force signal analysis. It relies on a deep residual two-stream convolutional model optimized with the scSE(Concurrent Spatial and Channel Squeeze and Excitation) attention mechanism (scSE-ResNet-50-TSCNN). The force signals are converted into the corresponding wavelet scale images following wavelet threshold denoising and Continuous Wavelet Transform (CWT). Concurrently, the images undergo processing using Contrast Limited Adaptive Histogram Equalization (CLAHE) and the Structural Similarity Index Method (SSIM), allowing for the selection of the most suitable image inputs. The processed data are subsequently input into the developed scSE-ResNet-50-TSCNN model for precise identification of the tool wear state. To validate the model, the paper employed X850 carbon fibre reinforced polymer (CFRP) and Ti-6Al-4V titanium alloy as laminated experimental materials, conducting a series of tool wear tests while collecting pertinent machining data. The experimental results underscore the model's effectiveness, achieving an impressive recognition accuracy of 93.86%. When compared with alternative models, the proposed approach surpasses them in performance on the identical dataset, showcasing its efficient monitoring capabilities in contrast to single-stream networks or unoptimized networks. Consequently, it excels in monitoring tool wear status and promots crucial technical support for enhancing machining quality control and advancing the field of intelligent manufacturing.