Breakthrough resistance China's power tool industry advances in setbacks

As a mechanical automation tool, the power tool has the advantages of light structure, convenient carrying, and the like. As the most widely used hardware tool in the society, it has been widely used.

As a mechanical automation tool, the power tool has the advantages of light structure, convenient carrying, and the like. As the most widely used hardware tool in the society, it has been widely used in various fields. In recent years, the power tool industry has experienced rapid development. In the domestic power tool market, domestic sales of power tools have accounted for 90% of total sales, while various imported brand products only account for 10% of the market. In the foreign power tool market, the proportion of manufacturing in China continues to expand, and China has become a foreign power tool production base with huge potential for development.

Analysts of China Machinery Industry Machinery Industry pointed out that the rapid development of China's power tool industry needs to overcome the following bottlenecks: First, compared with the high level in the international market, China's power tool production technology and management level is low, product features a single, In order to become bigger and stronger in the international market competition, there is no need to expand the market share in the high-end, the international market competitiveness of products needs to be further improved; Second, due to the low barriers to entry in the electric tool industry in China, independent innovation, product development, brand The investment in the cultivation and other aspects is relatively small. The recognition of the power tool products with independent intellectual property rights in the international market is far from enough, and the international marketing network has not yet been effectively established. The ability of independent innovation and brand awareness must be further strengthened. Third, foreign trade exports are facing a severe situation. The rise in raw material prices has caused the production cost of electric tools to continue to rise and the export efficiency of products has declined. In addition, the continuous appreciation of *** is even worse for the export of electric tools. China's electric tool industry needs to achieve new achievements in foreign trade exports, and there are still many difficulties to be overcome. Fourth, in recent years, China’s status as a major exporter of electric tools It is increasingly being challenged by developing countries. The country's technology and management level have been greatly improved. The labor and raw material costs are low. This has brought great pressure on China's power tool industry and the international competition has become increasingly fierce.

China ToolNet released the "2011 China Electric Tools Motor Market Analysis Research Report" shows that China's electric tool market is maturing, brand awareness and brand effect will be highlighted. In the next few years, the share of domestic electric tools will further increase. With the constant increase in demand for electric tools, the production and operation of relevant companies in China will be promoted in a favorable direction. The industry outlook is expected to be promising.