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Future Hardware Power Tools Industry Promising
May 09, 2018

Driven by the traction of the domestic hardware market and the full-scale international trade, the demand for hardware tools and goods has been growing. Manual, pneumatic and other practical household tools, garden tools, car tools, machine tools and other hardware tools, goods, goods, goods, price, price increase, steady procurement, sales optimistic.CNC Turning Aluminum Electroplate Part Supplier

Garden tools have been sold to flower gardens or exports in previous years. However, in the past two years, garden tools have entered the ordinary family. Its style and color also changed the monotonous type of the past, adding a unique shape and yellow, green, blue and other colorful colors, especially in the type of tools, I do not know how much richer than before.

With the rapid development of the automotive industry and the massive increase in urban public transport, passenger vehicles, and taxis, as well as the entry of passenger cars into ordinary families, the demand for vehicle-mounted tools and auto parts has greatly increased. Vehicle-mounted tools include wrenches, jacks, rivet guns, etc. Among them, electric vehicle-mounted tools sell the best. Electric vehicle-mounted tools have small size, light weight, excellent performance, and safe use. Rivet guns can also be applied to decorating, carpentry and other decoration industries.Brass Sand Blast Custom Cnc Machining Part Supplier 

It can be said that the demand for hardware tools is very strong, and it is pleasing that especially the emergence of gift kits once again indicates a new path for the hardware tool industry. However, the development of each industry is not perfect. Both have two sides, hardware tools. Although the demand for the industry is good, there are still many disadvantages, let us explore one by one.

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.

Second, 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.Stainless Steel Polish CNC Milling Part Supplier

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


  • Contact Us

    Add: 2F, Building A1, No. 276, E. Baoshi Rd., Baoan District, Shenzhen
    Tel: +86-755-27359623
    Mob: +8618516195475
    E-mail: sales@litongcnc.com


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