The wave of internationalization in the hardware industry

With the continuous application of modern scientific and technological achievements in the industry, the competition in the hardware industry has become increasingly fierce. At present, China's hardware and machinery industry is at a crucial moment in structural adjustment, and various problems brought about by high-speed shocks will also appear.

International hardware tool industry development and China's development status China has become one of the world's major hardware manufacturers, has a vast market and consumer potential. Although the financial crisis in previous years had a slight impact on China’s hardware exports, it has improved since 1999. The foreign exchange earned through exports rose from 2.76 billion U.S. dollars in 1995 to 3.847 billion U.S. dollars in 1999, an increase of 71.74%, an average annual increase of 11.4%.

In the international hardware market, due to the rapid development of production technology and the increase in the price of labor, developed countries in Europe and the United States transfer universal products to developing countries, producing only high value-added products, while China has a strong market potential, so it is more favorable. Developed a major exporter of metal processing.

In 2012, China's hardware cutting tool market witnessed a high level of innovation. In recent years, China has used nearly 1 billion US dollars per year to import molds, among which precision, large-scale, complex, and long-life molds account for the majority. Therefore, from the perspective of reducing imports, such high-grade molds and hardware tools are on the market. The proportion of shares will also gradually increase. In the future, China's mold and CNC tool industry will also be among the best in the world.

China’s daily hardware industry has entered the world’s forefront. At present, at least 70% of China's hardware industry is a private enterprise, which is the main force for the development of China's hardware industry. China has gradually become a major metal processing and exporting country in the world, and it has become one of the world's largest hardware manufacturers with a vast market and consumption potential.

The capital operation in the hardware manufacturing industry will tend to be active The hardware industry in China will continue the momentum of structural adjustment, but at the same time, some bright spots will continue to emerge. The polarization of hardware companies will intensify, and some companies that do not adapt to market competition will withdraw from market competition through different channels, and hardware giants will gradually surface.

The next few years will be the high-speed oscillation period of the hardware industry. The direct consequence of this high-speed shock is the expansion of the polarization trend in the current hardware and kitchen brand camp. It is expected that the hardware companies that can really survive in the market in the next few years will definitely not be so much now. However, this high-speed oscillation in the hardware industry will bring huge opportunities. The result of the shock will make the market operation more rational.

Hardware market competition is fierce. Asset reorganization helps enterprises to develop hardware products industry is an important part of China's light industry, is a sunrise industry closely related to people's lives. More than 99% of the enterprises in the industry are privately-owned small and medium-sized enterprises, mainly located in Guangdong, Zhejiang, Jiangsu, Shanghai, Fujian, Shandong, Hebei and other provinces and cities.

In the face of increasingly fierce market competition, if domestic companies do not attach importance to this, it will affect their long-term development, and good service is also a top priority. Most of the electric tools sold in the world are produced and exported from China. China has become the world's leading supplier of power tools. While the power tool industry is developing, some problems are increasingly exposed.

In 2012, the development of China's hardware industry In 2012, China's hardware industry gradually out of the financial crisis, the domestic and foreign markets gradually warming up, China's hardware companies in the maintenance of Europe and the United States and international markets, but also gradually look abroad for more investment Market, and increase the channel and brand construction in the domestic market.

The requirements of the international market for China's hardware products will gradually evolve and change. There will be higher requirements for the quality, packaging, and delivery period of Chinese products, and even gradually extend to the production process and product development, product and environmental protection, energy Resources and cultural environment are combined. The huge market and central position attraction will further attract the hardware manufacturing center of multinational companies to transfer to China.