Is hardware tools producer and exporter in China, among them, in the global sales of electric tools, for the most part from the production and export in China, I have become a major world power tools supplier. Although larger hardware tools industry in China, due to the technological innovation ability weak, the market structure is too single, brand influence factors such as weak, many hardware tools manufacturing enterprises tend to lack the core competitiveness, it is difficult to become bigger and stronger.
Cutting tool in China sales of 14.5 billion yuan, of which the carbide cutting tools accounted for less than 25%, not only with cutting tool product structure is a far cry from the international market, also cannot meet the increasing demand of the domestic manufacturing of carbide cutting tools.
At present, the imbalance in the structure of cutting tool is the production of cutting tools and the demand is not right. Carbide cutting tools to meet the needs of users, for example, the gap is very big, but high speed steel cutter production surplus; Modern manufacturing industries are in urgent need of efficient cutter gap is very big, but low standard tool overproduction.
In domestic electric tools market, domestic electric tool sales number has accounted for 90% of total sales, and various kinds of imported brand products accounted for only 10% of the market. Foreign electric tools market, China's manufacturing scale expands unceasingly, has become a global power tools production base in China. Domestic market of quality power tools and power tools brand more centuries carved, whether electric tool distributor, is still the Po directly to the user, is face up to the quality and brand of power tools. Therefore, the inclination of the market good quality, good brand electric tools. This is a kind of improved that electric tools market matures.