In recent years, the development pattern of China's hardware industry is undergoing changes. At present, the development of the industry is tending to scale and diversification. At the same time, as China's economy has shifted from high-speed development to steady development at medium speed, the era of high-speed growth maintained in the hardware market in the past decade has ended, and the phenomenon of overcapacity is quite prominent. Under this background, the transformation and upgrading of the industry, increased investment in technology, and improvement of product quality have become inevitable.

The development of the hardware industry tends to scale. China's larger hardware market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong provinces. For example, Zhejiang Yongkang Hardware and Electromechanical production enterprise cluster, Shandong Linyi Hardware Market, Hangzhou New Century Lock Market, Shanghai Hardware & Electrical Trade City, Chengdu Jinfu Hardware & Electromechanical City, Guangdong Guangfo Hardware & Electrical City. At present, China’s daily hardware products industry has entered the world. Relevant information shows that in recent years, China has established 14 technological development centers, such as zippers, shoe materials, electric shavers, stainless steel vessels, iron pans, blades, and bicycle locks, as well as pressure cookers, electric shavers, and lighters. Product center. At the same time, China has gradually become one of the largest processing and exporting hardware products in the world. Relevant data predict that in 2013, the export growth rate of China's hardware and other related products will remain at approximately 10%.

The development of the hardware industry tends to be diversified. At present, the construction of professional hardware markets throughout the country has basically formed the pattern of producing areas and circulation, large-scale and small- and medium-sized, integrated and single-type, and complement each other. Taking the Tianjin Hardware Market as an example, the four hardware professional markets of Tianjin International Hardware & Electromechanical City, New South Road Hardware City, North Hardware City and Zhujiang Hardware City have annual sales of over 20 billion yuan. The four hardware markets have formed their own development models based on their respective market positions. The international hardware and electromechanical city in Tianjin city center adopts a comprehensive diversified business model. There are commercial stores in the electromechanical city, high-grade office buildings and star hotels, and hardware stores take the high-end route; North Hardware City features plumbing and solar wholesale markets. ; And Pearl River Hardware City is focused on the operation of decorative hardware tools. The diversified effects of these four markets not only brought together more than 60% of the hardware business operators in Tianjin, but also introduced well-known domestic and foreign brands into the Tianjin market, forming one of the largest hardware industry wholesale bases in the north of China.

The key to further expanding and strengthening the hardware industry is the transformation and upgrading. Industry insiders pointed out that the hardware market in China is changing from supply exceeding supply to oversupply, forcing market competition to shift from price-based to high-quality, high-tech content. Under this circumstance, transformation and upgrading are inevitable in the future industry development. With the deepening of the competition among related companies, the profit space in each stage of the hardware industry chain has been compressed, and the space for price reduction is decreasing. At the same time, the requirements of the international market for China's hardware products have also gradually changed, and there will be higher requirements for the quality, packaging, and delivery deadlines of China's hardware products, and even gradually extend to the production process and product development.

Moreover, industry sources pointed out that the transformation and upgrading of China's hardware products industry will usher in a new foreign trade pattern, the biggest change may be the export of high-tech products will increase. Such as wire rope shears, bolt cutters, saw frames, machine tools, telecommunications tools, shoe materials, steel tape, level gauges and other measuring instruments of a series of high-tech, high value-added export products will gradually replace the original low value-added hardware products.