Domestic competition internationalization, international competition and domesticization will be the new features of China's hardware industry development in the next few years, and China's hardware industry will also show the development characteristics of China's hardware industry:
1. The polarization of enterprises is further aggravated. It is understood that in the next few years It will be a high-speed shock period in the hardware industry. The direct consequence of this high-speed shock is that the current trend of polarization in the hardware kitchen and bathroom camp is expanding. It is expected that there will be no more hardware companies that can truly survive in the market in the next few years. However, this high-speed shock in the hardware industry will bring huge opportunities, and 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 is obviously strengthened. In the global competitive environment, in order to obtain a favorable competitive position and enhance competitiveness, industrial capital is another theme of the industry operation. In 2004, Supor and Vantage were listed, and Hongbao was successfully listed. Wanhe’s capital market operation will not stop due to the failure of the restructuring of Yuemei. From the perspective of capital, the current main feature is the expansion of capital. From the perspective of competitive behavior, cooperation in resource sharing among enterprises is increasing.
3. China's position as a global hardware manufacturing center has further stabilized With the acceleration of China's integration into the global economic environment and the rapid rise of economic power, China has become the most dynamic economic region in the world. China's economic facilities are relatively complete, industrial development is relatively mature and labor costs are low. It has the comparative advantage of becoming a global hardware manufacturing center, and the export-oriented development of hardware manufacturing is obvious.
4. Market competition will shift from price-based to high-quality, high-tech products. With the deepening of competition, the profit margins of all stages of the hardware industry chain are being compressed, and the space for price reduction is decreasing. More and more enterprises realize that price competition cannot establish core competitiveness alone, and it is not the direction of long-term development, so as to explore new development paths. Many hardware companies have increased their investment in technology, developed new products with high technology content, differentiated products as a long-term solution for enterprise development, sought new market demand, and established new economic growth points (enter small appliances and Other similar industries) to achieve sustainable development of the company.
5. The integration of domestic and foreign enterprises further accelerates the domestic hardware enterprises in order to improve their own strength and expand the international market faster. It will accelerate the integration with foreign companies through various means to improve product quality and enhance competitiveness. While continuing to expand the markets of traditional countries such as the United States and Japan, it will also bloom in Southeast Asia, the Middle East, Russia, Europe, and Africa. It is understood that China's hardware industry will continue the momentum of structural adjustment, and there are some bright spots. The polarization of hardware companies will intensify. Some enterprises that do not adapt to market competition will withdraw from the market competition through different channels, and the hardware giants will gradually surface.
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