Analysis of the development trend and prospect of the domestic hardware industry

My country's status as a global hardware manufacturing center will be further consolidated. my country's economic facilities are gradually improved, the industrial development is relatively mature and labor costs are low, and it has the comparative advantage of becoming a global hardware manufacturing center. The hardware industry has obvious characteristics of export-oriented development. The following Guanneng brings you an analysis of the development trend and prospects of the domestic hardware industry, hoping to provide you with help.

1. The strengthening of the central position is first manifested in the all-round growth of the export of hardware products in recent years: the export growth rate of major hardware products is higher than the growth rate of output, and higher than the growth rate of sales in the domestic market; the main hardware and electrical products are comprehensive Blossoming, traditional export products such as power tools, hand tools, and construction hardware products have experienced a high growth rate. The huge market and the gravity of the central position will further attract the transfer of the manufacturing centers of hardware multinational companies to China.

2. Technological innovation will become the key to the development of my country's hardware industry. my country's hardware industry has begun to get rid of the single characteristics of traditional hardware forms that occupy a large share. Directional development, new light, thin, short and small hardware products have become a fashion in the hardware world. From the perspective of Chinese and foreign hardware products and technologies, the gap between my country and foreign countries is still relatively large. With the deepening of competition, the profit margins of each stage of my country's hardware industry chain are being compressed, the price advantage is getting smaller and smaller, and the room for price reduction is decreasing. More and more enterprises realize that price competition alone cannot establish core competitiveness and is not the direction of long-term development, so they strive to explore new development paths. Many hardware companies have increased technical investment, developed new products with high-tech content, regarded product differentiation as a long-term plan for enterprise development, sought new market demand, and established new economic growth points with technological innovation. Realize the sustainable development of enterprises.

3. The sales channels will undergo profound changes, and the competition between channels will become increasingly fierce. On the one hand, manufacturers have strengthened their control over retail terminals, striving to reduce sales links, save sales expenses, and make sales channels develop in a better direction. Enterprise sales The model is developing in the direction of being able to adapt to various markets at the same time. On the other hand, trends in the development of the sales industry have led to the rising status of large chain stores, increased control over the industry, and participation in and triggering price competition that was previously dominated by manufacturers. By virtue of their broad market coverage, purchasing scale and cost advantages, large retailers will increasingly control production enterprises in terms of product pricing and payment delivery.

4. The polarization of my country's hardware industry will be further intensified. The next few years will be a period of high-speed shocks in my country's hardware industry. The direct consequence of this high-speed shock will lead to the expansion of the current trend of polarization in the hardware brand camp.

5. The integration of my country's hardware industry and foreign companies will be further accelerated. In order to improve their own strength and expand the international market faster, domestic hardware companies will speed up the integration with foreign companies through various means to improve product quality and competitiveness. While continuing to expand the markets of traditional countries such as the United States and Japan, it will also blossom in all directions in Southeast Asia, the Middle East, Russia, Europe, and Africa.

All in all, the future development potential of my country's hardware industry is huge, and the market prospect is broad. The relevant hardware enterprises should be brave to meet the challenge, seize the opportunity of the global economic recovery after the international financial crisis, overcome their own shortcomings, and strive to improve their own strength. , to expand the international market faster, and will speed up the integration with foreign enterprises through various means, improve product quality and enhance the international competitiveness of enterprises.