Hardware Tools Category
- Jun 20, 2018 -

Hardware tools include all kinds of manual, electric, pneumatic, cutting tools, auto maintenance tools, agricultural tools, lifting tools, measuring tools, tool machinery, cutting tools, tools, tools, dies, cutting tools, grinding wheels, drills, polishing machines, Tool accessories, measuring tools, paint tools, abrasives and other abrasives. Most of the electric tools sold worldwide are manufactured and exported from China. China has become the world's leading supplier of power tools.

TOOLS & HARDWARE is a general term for various metal devices manufactured by forging, rolling, cutting, and other physical processing of metals such as iron, steel, and aluminum. Hardware tools can be divided into tool hardware, construction hardware, daily hardware, lock abrasive tools, kitchen hardware, home hardware, and hardware components according to the use of the product.

Disadvantages:

First of all, the industry leader is not strong enough to lead. There is no obvious advantage in the technology and industry overall competitiveness of the hardware tool industry in the domestic market.

Secondly, the technological innovation capability is weak, and there are only one and three technology (research and development) centers in Hangzhou and Jiande in hardware tools industry respectively;

Third, the market structure is too single. The main business of hardware tools comes from foreign trade orders, and the degree of dependence on exports is too high. Under the influence of the economic crisis triggered by the international financial crisis, the export market of these enterprises has shrunk dramatically, posing a serious threat to their survival and development.

Fourth, brand building is lagging behind. Most of the hardware tools companies rely on OEM production, lack of visibility and core competitiveness.

Fifth, there is a lack of public platform services. Although Jiande Hardware Tools Industry Association was established in May 2009, industry self-regulation is still difficult and the industry associations still have a central role to play.


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