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China Hardware Tools Set Tool Market Development Potential

Views: 0     Author: Site Editor     Publish Time: 2022-08-02      Origin: Site


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At present, China's daily hardware industry has entered the forefront of the world. At least 70% of China's hardware industry is now a private enterprise, which is the main force in the development of China's hardware industry. China has gradually become a major hardware processing and exporting country in the world, and has become one of the world's largest hardware manufacturers, with a broad market and consumption potential. It is not difficult to find out that there is a general trend in the development of Chinese hardware tools. First look at the Hand Tool market: the demand for German Hand Tools has increased. In Germany, the tools of comfort and effort are the most popular. The smooth handles and aesthetic appearance that help grip the tool are important factors that appeal to their desire to buy. Power Tools are now increasingly popular in terms of the types of tools. In addition, rechargeable tools are becoming more popular. The new rechargeable tools available on the market now have multiple rechargeable battery jacks that can be used in a variety of environments. Demand for the US hand tool market has stabilized. At the same time that the size of new homes in the housing market in the United States increased at the end of last year, there were still a large number of existing homes uninhabited, which brought great opportunities for housing renovation. The average model and age of motor vehicles are getting bigger and bigger, which has promoted the sales of hand tools in the aftermarket. In addition, the demand for forging tools for electronic product distribution is strong, especially for adjustable wrenches. Taiwan's hand tool industry adjusts product structure. Taiwan's hand tool industry has certain advantages in the world due to its stable product quality, on-time delivery and complete product range. Moreover, the sales of hand tools in Taiwan are mainly based on the overseas market. At present, there are about 5,000 local manufacturers, mostly distributed in the central part of Taiwan Island, mainly to small and medium-sized enterprises. According to the survey data, in terms of individual hand tool product categories, the sleeve is the bulk of the export, followed by the hand tool combination, the third is the gardening tool, the wrench category is ranked fourth, and the clamp category is the fifth. In terms of exporting countries, the United States ranks first, followed by the United Kingdom, Germany and Japan. Let's look at the tool market: the demand for the tool market in the world will continue to grow. According to reports, the demand for the tool market in the world is growing. Among them, Europe and North America have stable growth, especially in Eastern Europe. The Asian market has rebounded slightly, the market potential is very large, and the Latin American market has grown significantly, especially in Mexico. (In the past year, the demand for the tool market has grown slowly, mainly because of the increased tool life, and the user has demanded the entire manufacturing process, replacing many machine tools and tools. And the application of multi-tools has increased, replacing A lot of simple tools with single functions in the past.) Experts predict that in the future users will pay more attention to the research and development of tools in the production plant, not only in the field of materials and surface coating technology, but also in tool products and their production processes. . The expert said that focusing on production practices will help tool manufacturers increase their market competitiveness in the areas they are familiar with. Technical updates. In terms of tooling technology, carbide tools have gradually replaced high-speed steel tools, especially round tools. The application of coated tools is becoming more and more common, and in Europe, the market share of new tools for high-speed machining is growing. The dynamics of the manufacturer. Judging from the cooperation mode of tool manufacturers, there will be many strong companies in the high-tech market. Overview and development trend of the mold market: During the fifteenth period, the overall trend of the mold market was steady. At present, the domestic market has a large demand for medium and high-grade molds, but domestic molds must meet the needs of users in terms of quality and delivery time. Moreover, the home appliance, automobile, and plastic products industries have the greatest demand for molds. International market: In recent years, labor costs in industrialized countries have increased, and they are moving to developing countries, especially Southeast Asian countries. Its domestic production of high-quality, precision molds, the amount of labor input is large, relying on imports to solve. Therefore, the potential of the medium and low-end molds in the international market is enormous. As long as the quality of domestic molds can be improved, the delivery time can be guaranteed, and the prospect of mold export is very optimistic. In addition, the demand for frame and mold standard parts in the international market is also large. At present, China has only a small amount of exports to the shelves. In the wave of integration of the new world economy, the global manufacturing industry is accelerating its transfer to mainland China. It is a general trend, and China will gradually develop into a world-class manufacturing base. Experts predict that Guangdong, especially the Pearl River Delta region, with obvious advantages will develop into a world mold production center within ten years. At the same time, in recent years, China has imported nearly one billion US dollars of mold per year, of which precision, large, complex, long-life molds account for the majority, so from the perspective of reducing imports, the proportion of such high-end molds and hardware tools in the market will also be Gradually increase.              

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