Hardware industry may enter high-speed oscillation

In recent years, China's hardware products companies have made great progress in scale and enterprise quality, and there have emerged a number of leading enterprises that occupy a certain market share and brand influence. Most of the weaker hardware products SMEs may decline or even die.

In recent years, the export of hardware products has increased in an all-round way, and the major hardware and electrical products have blossomed. Not only have the traditional export categories of electric tools, hand tools, and architectural hardware products increased greatly, but also the kitchen electric products and sanitary ware that had previously had a relatively small proportion of exports. The export growth rate of products is also very obvious.

The relevant industry research report believes that with the acceleration of China's integration into the global economic environment and the rapid rise of its economic strength, China has become the most dynamic economic region in the world. China's economic facilities are relatively complete, its industrial development is relatively mature, and its labor costs are relatively low. It has the comparative advantage of becoming a global hardware manufacturing center, and its outward-oriented development characteristics are obvious.

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.