Lack of competitive hardware tools Products need to be upgraded

Release Time:2024-04-12

China is a big country in the production and export of hardware tools. Most of the power tools sold in the world are produced and exported from China, which makes China the main supplier of power tools in the world. However, as far as the overall form of the domestic hardware tool industry is concerned, most companies are still in the production of low-end products and foundry stage, and the competitiveness of domestic hardware tool products on a global scale is still not obvious.

China's hardware tools products lack of core competitiveness

After more than 20 years of development, the hardware tool industry has become one of the most profound industries with huge market potential. Hardware tools are labor-intensive industries, China has a traditional competitive advantage. However, there are still many gaps between the production process of hardware tools in China and the international level. Many companies do not have a new product development department, and some companies do not even have professional technicians. Therefore, China's hardware products can only compete with international products at a low level.

In recent years, domestic and foreign demand is relatively strong, hardware tools industry into the golden sales period. Developed countries in Europe and the United States choose to transfer the production of low-end products to developing countries, because local labor costs are high and only produce high value-added products. At present, the developed countries occupy the world market of medium and high-grade hardware tools, and China's hardware tools have a long way to go to occupy the main position in this field. In the new era, China's hardware tools enterprises need to transform and seek new development.

Pay attention to hardware tools and new technology research and development

Foreign famous hardware tool enterprises attach great importance to the new design of products. Their R & D department conducts a lot of planning and research for users every year, and redesigns the function and appearance of the product on this basis. International famous hardware tools company Stanley and other OEM orders in China, new products appear every year. However, many hardware companies in China are not satisfied with new design and research and development, and the production version of hardware tools is still as old as before.

In recent years, the demand for hardware tools in the processing fields of machinery, precious stones, medical equipment, wood, glass fiber, stone crafts, ceramics and composite non-metallic hard and brittle materials has increased year by year. At present, these products are still dependent on imports, so we must develop various high-quality hardware tools as soon as possible to replace imports.

As a hardware tool enterprise, we should constantly carry out product innovation, cultivate professional R & D team, and realize the localization of high-end products as soon as possible. Develop industrial clusters, promote the continuous optimization and upgrading of industries, and make the competitive advantages of industrial clusters clearer. While stabilizing the domestic market, hardware tool companies should develop products to open up foreign markets. Therefore, in order to meet the needs of the hardware tool market at home and abroad, it is necessary to speed up the development of new products, improve product quality, increase varieties, and increase output.

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Future market outlook

After more than 30 years of development, China's hardware industry occupies a prominent position in the world and has become a major country in the production and sales of hardware in the world. Industry sales exceeded 100 billion yuan and exports exceeded 14 billion US dollars. With the continuous application of modern scientific and technological achievements in the industry, the competition in the hardware and electrical appliance industry has become increasingly fierce, forming a distribution center for the manufacturing and distribution of hardware products such as Linyi in Shandong, Yongkang in Zhejiang, Shaodong in Hunan, and Dazhu in Sichuan, especially Yongkang in Zhejiang. It enjoys a high reputation in the world. Driven by the domestic economy, international trade, and China's real estate industry, a large number of hardware components are in strong demand and their scale is expanding rapidly. They are maturing in a competitive market environment.

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