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Home> Industry Information> China has become one of the world's major hardware manufacturers, hardware tool processing industry has gradually become the main force of the world's hardware and tools industry.

China has become one of the world's major hardware manufacturers, hardware tool processing industry has gradually become the main force of the world's hardware and tools industry.

September 11, 2023

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With China's manufacturing industry accelerating the pace of modernization, China's digital manufacturing technology has also achieved rapid development. The performance of some of these hardware products has reached or approached the international advanced level. This progress has effectively broken down the monopoly position of some imported hardware products in some fields and contributed to the standard competition in China's hardware market.


According to the latest data survey, in 2012 China's hardware and electromechanical industry has its own territory in the world market. China's hardware and electromechanical industry can own its own land in such a competitive market, it is indeed the pride of the people, but also to the domestic hardware market Hope.

In 2012, China’s household hardware industry entered the world's forefront. From 1996 to the present, China has established 14 technical development centers including zippers, electric shavers, stainless steel vessels, iron pans, blades, and bicycle locks. Pressure cookers and electric shaves have been established. 16 product centers such as lighters and lighters. Most of these centers have now become the vanguard of the industry, and some have become leaders in the world. For example, Supor Cookware Co., Ltd. produces high-grade electric pressure cookers; the output of Zhejiang Chaoren Group's electric razors has surpassed that of Japan's Sanyo Company, becoming the world's third largest shaver. Production enterprises; Wenzhou Dahu Lighter Factory has become China's largest manufacturer of metal lighters and has achieved good economic benefits.

China has gradually become a major metal processing country and exporter in the world. China has become one of the world's largest hardware manufacturers and has a vast market and consumption 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%, and has been steadily increasing since then. In 2002, the total output value of China's hardware industry reached 189.5 billion yuan, a year-on-year increase of 19.15%, and the total export value of customs was 6.774 billion U.S. dollars, an increase of 24.51% over the same period of the previous year. Among them, the output of gas water heaters was 2,244,400 units, an increase of 19.18% over the previous year; locks were 1,230 million. The increase of 9.43% over the previous year; daily stainless steel products 415,000 tons, an increase of 24.56%. According to Luo Baihui, at least 70% of China's hardware industry is now a private enterprise, which is the main force for the development of China's hardware industry. On the other hand, in the international hardware market, developed countries in Europe and the United States have shifted their universal products to developing countries due to the rapid development of production technology and rising labor costs. They only produce high value-added products and China has a strong market potential. Therefore, it is more advantageous to develop a large exporter of metal processing.

Analysis of the international hardware tool industry trends, such development in 2012 brought pressure to China also brought the impetus.

First, developed countries have shifted medium and low-end products to the Third World. Due to the rapid development of production technology and the high price of labor, developed countries have accelerated the transfer of medium- and low-grade products to the Third World, and they have only produced some high value-added products. product.

Second, DIY products become the new darling of the hardware market. In recent years, with the ease of installation and maintenance of the architectural hardware products of developed countries in the United States and Europe, doityourself products and tools have been greatly welcomed by the market. According to the analysis of people and land in the industry, in the next two years, the domestic construction hardware products will also move toward the development of intelligence and humanity.

Global hardware tools China has a place in 2012, its development trend is the intelligent hardware tools, hardware industry in 2012 is not a small domestic development and highlights, let us look forward to the bright future of the hardware industry.

With the continuous improvement of our country’s status in the world, more and more countries around the world are starting to use Chinese hardware products, which has stimulated the development of China’s hardware products to some extent. In recent years, with the acceleration of the global economic integration process, the Chinese hardware tool processing industry has gradually become the main force of the world's hardware and tool industry.

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