In recent years , the development pattern of China ‘s hardware industry is changing , the current positive trend of development of the industry scale and diversification. Meanwhile, with the rapid development of China’s economy from the shift in speed and stable development of high-growth era a decade ago to keep the hardware market has ended, overcapacity more prominent. In this context , industry transformation and upgrading, increase technology investment and improve product quality will become inevitable.

Development of large-scale hardware industry trends

Our larger hardware market is mainly distributed in Zhejiang, Jiangsu, Shanghai , Guangdong and Shandong provinces. For example , mechanical and electrical hardware Yongkang production cluster, Shandong Linyi hardware market , Hangzhou New Century Lock Market , Shanghai Hardware & Electrical Trade City , Chengdu Golden Palace Hardware & Electrical City , Guangdong, Guangzhou and Foshan Hardware & Electrical City. At present , China’s household hardware products industry has entered the world. Relevant information, in recent years , China has established a zipper, electric shaving, stainless steel utensils, pots , blade, bike locks, 14 technology development center, as well as a pressure cooker , electric shaving devices , lighters and other 16 Products . At the same time , China is also becoming one of the processing power and the world’s major exporter of metal products . Related data is expected in 2013 , China’s exports of hardware and other related products to maintain growth of about 10% .

Development of hardware industry diversification

Currently, the construction of the National Hardware professional market over the country, has been basically formed the origin and flow- type , large and small and medium sized , integrated with a single type with a reasonable , mutually reinforcing pattern. Tianjin hardware market, for example , the International Hardware & Electrical City of Tianjin , the new South Road, Hardware City , Pearl City and northern Hardware Hardware Hardware City of the four professional market , with annual sales totaled $ 20 billion . This four hardware market, according to their different market positioning, formed their own development model. Located in central Tianjin International Hardware & Electrical City take an integrated diversified business model , electromechanical city commercial stores, there are high-grade office buildings and star hotels , hardware stores take the high road ; Northern Hardware City places wholesale plumbing and solar features ; the Pearl Hardware City is the emphasis on operating decorative hardware tools. These four market diversification effects not only gathered more than 60 percent of Tianjin ‘s hardware business operators, but also well-known brands will be fully introduced in Tianjin market , one of northern China’s largest wholesale base metal forming industry .

Key to further develop and expand the hardware industry is restructuring and upgrading

China’s hardware market is changing from a shortage to oversupply , forcing price competition in the market dominated by the shift to high -quality, high-tech oriented. In this case , the transformation and upgrading is the inevitable future development of the industry . With the deepening of competition -related companies , metal chain profit margins are various stages of compression , downward movement is reduced. Meanwhile, the international market for our products, hardware requirements have gradually changed, the quality of our hardware products , packaging, delivery time will have higher requirements , even gradually extended to the development of production processes and products.

Moreover, the industry pointed out that the transformation and upgrading of China’s hardware industry will usher in a new trade pattern , the biggest change is probably the high-tech product exports will grow. Such as rope scissors, bolt cutters , saw frame, a mechanic , telecommunications tools , household composition tools, steel tape measure, level measuring instrument, such as the series of hi-tech , high value-added export products will gradually replace the original low value-added metal products .