The Expectation of Global Hardware Market
22 martie 2011Articol publicat in: Corporate
At present, Chinese daily hardware hex bolt industry has leaped into the front ranks of the world. 14 technology development centers for zipper, electric shaver, stainless steel utensils, iron pan, blade, bike locks and so on and 16 product centers for pressure cooker, electric shaver, lighters and so on have been established one after another. Currently, most of these GPS Antenna centers have become the industry pacesetters; some have become the vanguard of the world and have achieved good economic returns. It is understood that now 70% of China hardware industry are private enterprises at least, which are the main force of China hardware industry. China has gradually become the world’s largest hardware processing country and big exporter, it also has become one of the world’s largest producers of hardware and it owns a vast market and consumption potential.
In the international hardware market, due to the rapid development of production technology and labor costs rise, European and American developed countries transfer the common products to developing countries to produce, they only produce high added value products, while China has a strong market potential , so it is more favorable to become a big exporter of hardware. China’s hand tools markets are mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong, Shandong and Taiwan, in which Zhejiang and Guangdong are the most prominent areas. Zhejiang Yongkang has always been known as the “hometown of hand tools”, people from Zhejiang also has very strong sense of market operations, from the original hot pot product and stainless steel insulated cup to last year’s popular scooters all have brought great fortune for them. Guangdong is also about to become the world’s power tools mould center. For the moment, there are more than 6,000 mould companies gathering in Shenzhen and the Pearl River Delta region, the employees are more than 200,000. The South China International Mould Exhibition has been held in Shenzhen for five consecutive sessions and it is China’s most professional and international power tools industry exhibition, it has attracted more than 1,000 enterprises from 25 countries and regions to participate in.
DIY products have become the new darling of hardware relevant solar panel industry market. In recent years, the architectural hardware products design in developed countries is tend to easy installation and maintenance, so the self-assembly products and tools are very popular in the garden tools market. According to analysis, in the next two years, the domestic architectural hardware products will also develop towards intelligentization and humanization.
According to reports, the demand of the garden tools market in the world is growing continuously. The growth is stable in Europe and North America, especially in Eastern Europe; there is a slight rebound in Asian markets, the market potential is large. At present, the world sales of cutting tools is over 10 billion U.S. dollars, Europe, North America, Japan and Australia account for 75% to 80%.
In Asia, China is also an important market. It is predicted that the cutting tool demand in China is between 7 and 8 billion Yuan, in which the modern cutter with high-precision, high efficiency and high reliability such as cemented carbide and ceramic tool, their consumption sum is about 1.2 billion Yuan, 80%-85% of them are dependent on imports, the imports of cutter used for mold making is more than 90%. In the past year, the reason why the demand of the cutting tool market became slow is that the cutting tool life has increased, in addition, users have put forward request on the entire manufacturing process, a lot of machine tools and cutting tools have been replaced. And the increase of the multifunctional cutting air tools application has replaced many of the previous simple single-function cutting tools. In the future, users will be more emphasis on plant’s research and development on cutting tool, not only in materials and surface coating technology, but also in the production process of cutting tool, which can help cutting tool manufacturers increase market competitiveness in their familiar fields.
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