Six characteristics of my country's hardware industry


Release time:

2022-11-29

Six characteristics of my country's hardware industry

 1. China's position as a global hardware production base will be further stabilized

  China's economic equipment is relatively complete, its industrial development is relatively sophisticated and its labor cost is low. It has the comparative advantage of becoming a global hardware production base, and the export-oriented development of the hardware production industry is characterized by remarkable characteristics. The strengthening of the base position mainly shows that the export of hardware commodities has increased in recent years: the export growth rate of primary hardware commodities is higher than the growth rate of output value, and higher than the growth rate of domestic market sales; the primary hardware and electrical commodities have blossomed, and the traditional export categories such as electric things, hand things, and construction hardware commodities have increased significantly. Infinite market and base location attractive force will further attract the production base of multinational companies to move to China.

  2. The cost operation of the professional world will become more lively, and the cooperation between companies will be significantly strengthened

  In the environment of global competition, in order to obtain a favorable competitive position and improve competitiveness, industrial cost is another theme of career operation. From the perspective of cost, the primary feature at that time was that the expansion of cost was increasing. From the perspective of competition action, the cooperation of capital sharing among companies is increasing.

  3. The polarization of hardware companies will further aggravate

  The next few years will be a period of high-speed vibration for the hardware industry. The direct result of this high-speed vibration will be the expansion of the polarization trend in the hardware brand camp today. It is estimated that there will not be as many hardware companies that can really survive in the market in the next few years. But this high-speed vibration of the hardware industry will bring endless opportunities, and the results of the vibration will make the operation of the market more rational.

  4. The sales channels will undergo deepening changes, and the competition between channels will become increasingly fierce

  On the one hand, manufacturers have strengthened the control of the retail end point, striving to reduce the sales links, save sales costs, and make the sales channels develop in the direction of specialization, and the company's sales forms develop in the direction of being able to get used to various shopping malls together. On the other hand, the trend of the development of the sales industry has made the position of large chain stores continue to rise, the ability to control occupations has been enhanced, and it has participated in and triggered price competitions previously dominated by manufacturers. With its broad market coverage, acquisition planning and cost advantages, large retailers will have an increasing ability to control production companies in terms of commodity pricing and payment delivery. At the same time, the requirements of international shopping malls for Chinese hardware commodities will also gradually change, and there will be higher requirements for the quality, packaging and supply period of Chinese commodities, and even gradually extend to the production process and the research and development of commodities, and combine commodities with environmental protection, power capital, and human environment.

  5. The market competition will shift from price-based to high-quality, high-tech goods

  With the deepening of the competition, the profit space of the hardware industry chain is shrinking in each period, and the space for price reduction is decreasing day by day. An increasing number of companies realize that price competition alone cannot establish the central competitiveness, and it is not the direction of long-term development, and then strive to explore new development paths. Many hardware companies have increased technological investment, developed new commodities with high-tech content, and regarded the differentiation of commodities as a long-term plan for the company's development, sought new market demand, and established new economic adding points to complete the company's sustainable development.

  6. The integration of domestic and foreign companies will be further accelerated

  In order to improve their own strength and expand the international market faster, domestic hardware companies will speed up the integration with foreign companies through various means to improve the quality of goods and improve their competitiveness. While continuing to expand the market in traditional countries such as the United States and Japan, they will all bloom in South East Asia, the Middle East, Russia, Europe, Africa, etc. On the whole, China's hardware industry will still continue to experience structural adjustment, but some bright spots will continue to emerge. The polarization of hardware companies will intensify. Some companies that are not used to market competition will withdraw from market competition through different channels, and hardware giants will gradually emerge.