The future opportunities and elimination of hardware and electromechanical industry in China exist together. Domestic hardware and electromechanical enterprises need to realize this and constantly improve their competitiveness.

Since the reform and opening up, China’s hardware and electrical industry has developed rapidly.
Although the domestic hardware and electrical industry has achieved certain development results, but if viewed from the global environment, the proportion of China’s hardware and electrical industry in the world, and China as a major hardware and electrical production status is not suitable.

Every economy developed country, its hardware mechanical and electrical industry is developed inevitably.
Throughout the country, all economically developed provinces and cities, its hardware industry is also developed.
Hardware industry is a traditional industry involving People’s Daily life.
At the same time, the hardware and electrical industry is the basic industry of other industries, so it is the pillar industry of the national economy.

China’s gap is not only reflected in the brand, but also in the size of enterprises.
None of the top 10 Chinese companies in this year’s world machinery 500 are included, and only nine Chinese companies are in the top 100.
The threshold for China’s top 500 machinery companies is $0.3 billion, while the threshold for the world’s top 500 machinery companies is $2 billion.
In this year’s world machinery 500, the United States tops the list with 126 households, Japan tops 124, and China tops 77.
This series of data is worth considering deeply.

Our country hardware mechanical and electrical tools industry in the world status of continuous improvement, gradually become the world hardware processing power and export power, hardware industry at present presents a new development trend, mainly reflected in the following aspects.

Technology investment improves the quality, market competition will be based on price to high quality, high technology content of products.
With the deepening of competition, the profit space of each stage of hardware industry chain is being compressed, and the space of price reduction is decreasing day by day.
More and more enterprises realize that price competition alone cannot establish core competitiveness and is not the direction of long-term development, so they try to explore new development paths.
Integration with foreign enterprises will constantly improve the quality of Chinese hardware products and enterprise competitiveness.

The requirements of the international market for China’s hardware products will gradually develop and change, and there will be higher requirements on the quality, packaging and delivery period of Chinese products, and even gradually extend to the production process and product research and development, combining products with environmental protection, energy resources and cultural environment.
Many hardware enterprises increase the technical investment, develop new products with high technology content, take product differentiation as the long-term solution of enterprise development, seek new market demand, establish new economic growth point, in order to achieve sustainable development of enterprises.

Hardware mechanical and electrical tools demand year by year, hardware product quality improvement, capital expansion intensifies, enterprise cooperation in the increase and other trend characteristics for the strength of large hardware enterprises, it is really good, when this kind of large enterprises comply with the development trend, will only gradually become stronger and bigger.
For hardware enterprises, product quality may exist gap, cooperation opportunities are relatively less, let alone capital operation.
Therefore, in the continuous development and progress of the hardware industry, the survival environment of small enterprises will be more difficult.
Matthew effect refers to the phenomenon that the strong get stronger and the weak get weaker.
For the hardware industry, enterprises with strength use hardware trend to better analyze the development of enterprises, and for small and medium-sized enterprises, only stubborn transformation and upgrading, in order to spell out a world in the hardware industry.