Expositions in the hardware industry, new product launches, and dealers negotiating purchases may solve the problem of backlog in one year within just a few days. Like the 15th hardware expo held in Yongkang, it is said that the turnover amounted to three days. More than 6 billion yuan, and as a foreign trade indicator of the 2010 China International Hardware Fair, not only the hardware industry's feast, hardware-related sub-categories gathered together, the world's top buyers joined the cheers to make the hardware industry s concern.
In summary, the domestic competition in the internationalization of international competition will be the new characteristics of the development of China's hardware industry in the next few years, and China's hardware industry will also show the characteristics of the development of China's hardware industry under the leadership of these professional trade fairs:
1. The polarization of the business is further aggravated.
It is understood that the next few years will be the high-speed oscillation period of the hardware industry. The direct consequence of this high-speed shock is the expansion of the polarization trend in the current hardware and kitchen brand camp. It is expected that the hardware companies that can really survive in the market in the next few years will definitely not be so much now. However, this high-speed oscillation in the hardware industry will bring huge opportunities. The result of the shock will make the market operation more rational.
2. The capital operation in the industry is active and the cooperation between enterprises has been significantly strengthened.
In an environment of global competition, industrial capital is another subject of industry operations in order to obtain a favorable competitive position and improve competitiveness. In 2004, Supor and Vantage went on the market successively. Hongbao was also working hard for the listing. Wanhe's capital market operation will not stop due to the failure of restructuring with Yuemei. From a capital perspective, the current major feature is the expansion of capital. From the point of view of competitive behavior, cooperation in resource sharing among enterprises is increasing.
3. China’s position as a global hardware manufacturing center is further consolidated.
With the acceleration of China's integration into the global economic environment and the rapid rise of economic strength, China has become the most dynamic economic region in the world. Luo Baihui, a mold industry expert, believes that China's economic facilities are relatively complete, its industrial development is relatively mature, and its labor costs are relatively low. It has the comparative advantage of becoming a global hardware manufacturing center, and its outward-oriented development characteristics are obvious.
4. Market competition will shift from price-based to high-quality, high-tech products.
With the deepening of competition, the profit space in all stages of the hardware industry chain is being compressed, and the space for price reduction is decreasing. More and more companies are realizing that it is impossible to establish core competitiveness based on price competition alone, and not the direction of long-term development, in an effort to explore new development paths. Many hardware companies have increased their investment in technology, developed new products with high technological content, made product differentiation as a long-term plan for enterprise development, sought new market demand, and established new economic growth points (into small household appliances and Other similar industries) to achieve the sustainable development of enterprises.
5. The integration of domestic and foreign enterprises has further accelerated.
Domestic hardware companies, in order to increase their own strength and expand the international market faster, will accelerate the integration with foreign companies through various means to improve product quality and competitiveness. While continuing to expand markets in the United States, Japan, and other traditional countries, Southeast Asia, the Middle East, Russia, Europe, and Africa will also fully blossom. It is understood that the Chinese hardware industry will continue the momentum of structural adjustment and continue to highlight some bright spots. The polarization of hardware companies will intensify, and some companies that do not adapt to market competition will withdraw from market competition through different channels, and hardware giants will gradually surface.
In summary, the domestic competition in the internationalization of international competition will be the new characteristics of the development of China's hardware industry in the next few years, and China's hardware industry will also show the characteristics of the development of China's hardware industry under the leadership of these professional trade fairs:
1. The polarization of the business is further aggravated.
It is understood that the next few years will be the high-speed oscillation period of the hardware industry. The direct consequence of this high-speed shock is the expansion of the polarization trend in the current hardware and kitchen brand camp. It is expected that the hardware companies that can really survive in the market in the next few years will definitely not be so much now. However, this high-speed oscillation in the hardware industry will bring huge opportunities. The result of the shock will make the market operation more rational.
2. The capital operation in the industry is active and the cooperation between enterprises has been significantly strengthened.
In an environment of global competition, industrial capital is another subject of industry operations in order to obtain a favorable competitive position and improve competitiveness. In 2004, Supor and Vantage went on the market successively. Hongbao was also working hard for the listing. Wanhe's capital market operation will not stop due to the failure of restructuring with Yuemei. From a capital perspective, the current major feature is the expansion of capital. From the point of view of competitive behavior, cooperation in resource sharing among enterprises is increasing.
3. China’s position as a global hardware manufacturing center is further consolidated.
With the acceleration of China's integration into the global economic environment and the rapid rise of economic strength, China has become the most dynamic economic region in the world. Luo Baihui, a mold industry expert, believes that China's economic facilities are relatively complete, its industrial development is relatively mature, and its labor costs are relatively low. It has the comparative advantage of becoming a global hardware manufacturing center, and its outward-oriented development characteristics are obvious.
4. Market competition will shift from price-based to high-quality, high-tech products.
With the deepening of competition, the profit space in all stages of the hardware industry chain is being compressed, and the space for price reduction is decreasing. More and more companies are realizing that it is impossible to establish core competitiveness based on price competition alone, and not the direction of long-term development, in an effort to explore new development paths. Many hardware companies have increased their investment in technology, developed new products with high technological content, made product differentiation as a long-term plan for enterprise development, sought new market demand, and established new economic growth points (into small household appliances and Other similar industries) to achieve the sustainable development of enterprises.
5. The integration of domestic and foreign enterprises has further accelerated.
Domestic hardware companies, in order to increase their own strength and expand the international market faster, will accelerate the integration with foreign companies through various means to improve product quality and competitiveness. While continuing to expand markets in the United States, Japan, and other traditional countries, Southeast Asia, the Middle East, Russia, Europe, and Africa will also fully blossom. It is understood that the Chinese hardware industry will continue the momentum of structural adjustment and continue to highlight some bright spots. The polarization of hardware companies will intensify, and some companies that do not adapt to market competition will withdraw from market competition through different channels, and hardware giants will gradually surface.
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