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NEWS

Power tools occupy the mainstream of the hardware industry

Release time:

2018-08-09


In recent years, China's hardware and electric tools are gradually entering the stage of upgrading, and it has become a trend to transition from low-end products to high-end products. This is very beneficial to the development of China's hardware industry. In the process of transferring the production of foreign products to China, some advanced foreign production techniques and management models including raw materials will inevitably be brought in.

  In recent years, China's hardware and electric tools are gradually entering the stage of upgrading, and it has become a trend to transition from low-end products to high-end products. This is very beneficial to the development of China's hardware industry. In the process of transferring the production of foreign products to China, some advanced foreign production techniques and management models including raw materials will inevitably be brought in.

  In order to better explore the development status and prospects of the hardware industry, the editor uses the visitor data of the hardware industry in November 2016 from Huicong.com to analyze the big data behind the hardware industry.

  1. Power tools occupy a large proportion of hardware tools

  

 

 

  From the picture above, we can see that electric tools occupy a large proportion of hardware tools. my country is a big producer and exporter of hardware tools. Most of the power tools sold globally are produced and exported from my country. my country has become the world's major supplier of power tools. In the domestic power tool market, the sales of domestic power tools have accounted for 90% of the total sales, while various imported brand products only account for 10% of the market share. In the foreign power tool market, the proportion of Chinese manufacturing continues to expand, and China has become a global power tool production base. The domestic power tool market is more picky about the quality and brand of power tools. Both power tool dealers and end users attach great importance to the quality and brand of power tools. Therefore, the market is more inclined towards high-quality and good-brand electric tools. This is an improvement, indicating that the power tool market is becoming more and more mature.

  Second, the hardware industry business model analysis

  The above table reflects that there are currently four main business models in my country's hardware industry, namely: production type, trade type, service type and mixed type. Among them, the production type accounts for the largest proportion. It can be seen that my country's hardware industry is mainly based on the production type business model. The production-oriented business model mainly uses free raw materials for processing and production. This business model can minimize costs and maximize profits.

  3. Analysis of regional visitors in the hardware industry

  The picture above shows the geographical distribution of visitors to HC.com. We can see that Hebei Province has the highest user activity, followed by Guangdong Province. With the development of China's economy, the national trade export volume is increasing year by year. Guangdong Province has a relatively large proportion of the total national trade export volume. Among them, the contribution of the hardware industry in Guangdong Province to trade export is particularly prominent.

  my country's hardware tool market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong, among which Zhejiang and Guangdong are the most prominent. In the east is the Shanghai Hardware & Electrical Trade City, which is known as the "No. 1 Hardware City in China"; in the west is the "Chengdu Jinfu Hardware & Electrical City" that gathers large markets such as Wanguan Hardware & Electrical Market; in the south is the famous Guangdong Guangfo Hardware & Electrical City; In the north, there is the "China Hardware City" in Beijing, which is under construction; in the middle, there is the "Yuhua Hardware and Electrical City" in Changsha. In addition, other large hardware and electrical markets include: "East China Hardware and Electrical City" in Jiangyan, Jiangsu, "Central China Hardware and Electrical City" under construction in Wuhan, Hubei, "Tianhe Hardware and Electrical City" in Shenyang, Dalian has been built and The "Dalian Hardware & Electrical City" which opened for business, the "Nanning Hardware & Electrical City" facing ASEAN and the "Quanzhou Hardware & Electrical City" facing Taiwan.

  The position of electric tools in the hardware industry is becoming more and more important. In addition to the professional market, the home improvement DIY market will also become the favorite object of electric tools. In order to meet the new market demand and new customer groups, e-commerce channels will also become the future development of electric tools. important trends.