Development Of Hardware Industry

The development of the hardware industry is very fast. The most concentrated markets in the traditional hardware industry are mainly concentrated in mechanical hardware, architectural hardware, decorative hardware and daily hardware. The trend of industry concentration in the hardware industry is also obvious. The domestic hardware industry is mainly concentrated in Guangdong, Zhejiang, Jiangsu, Shanghai, Hebei, Shandong and other economically developed provinces and regions. The products of traditional hardware companies are relatively single, many companies only provide matching and accessories to other manufacturing companies, and they are more dependent on manufacturing companies, and their response to market demand is also very slow. Traditional hardware companies do not pay attention to the research and development of new products and the extension of the market, resulting in the lack of sustainable competitiveness of enterprises. In the face of more and more specialized market demands and increasingly fierce competition, many early-stage hardware companies have developed rapidly. All felt weak.

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