In recent years, with the vigorous development of the Chinese hardware market, the development of the hardware lock market has been further promoted. The total capacity of the lock market has reached more than 70 billion yuan. The size of enterprise clusters has continued to expand, and the lock industry has increasingly developed into the high-end market. Square Round Paint Bucket,Plastic Square Paint Bucket,Square Paint Bucket With Steel Handle,Plastic 3.5 Liter Round Paint Bucket PRO-CHARGER CO., LTD. (VICTOR HERO HOLDINGS LTD, TIME VALUE LTD.) , https://www.pro-chargerco.com
Hardware Lock Market Potential The development of hardware locks has undergone a long and complex evolutionary process. With the progress of society, science and technology, and culture, the security of mechanical locks has become less and less able to meet the needs of the market. At present, the development of China's hardware locks is still in the low-end period. The international hardware market is relatively complete, and the market share of high-end products is relatively high.
Machinery industry analysts pointed out that the current lock industry is relatively low, hardware protection patent protection awareness is weak. Even if the hardware lock company has an advanced patented technology, then similar products will appear in the hardware lock market. The low threshold of hardware locks in the current environment has led to confusion in the hardware lock market. The lock market infringement will happen from time to time. And the lack of brand awareness in the hardware lock market, the hardware market everywhere, there are brands, no brand, in short, is a mixed bag.
Domestic hardware lock products will focus on high-precision, high-efficiency, high-stability, multi-function, multi-standard, multi-standardization, serialization, and generalization, demonstrating their characteristics. Process and technology should be strengthened from cutting technology, stamping technology, die casting technology, surface treatment technology, automatic assembly line and other aspects. It is understood that China is still a developing country. Hardware lock manufacturers are mainly small and medium-sized enterprises, and the low level of repeated construction is very serious. In order to develop hardware locks, enterprises must first start with products, quality, and brands. With funds, they can develop high-end products better.
According to the "2011-2016 China Lock Research and Market Analysis In-Depth Analysis Report," it shows that: With the development of the lock market, with the development of the market, as long as the market demand, lock companies must go to open up and occupy the high-end market. With the continuous deepening of China’s opening to the outside world and the acceleration of the development of high-end buildings, the market for high-end hardware locks has great potential for development, and a large number of high-end enterprises will inevitably emerge.
It is obvious to all that the high-end locks have become a new growth point in the production and consumption of locks in China. The domestic lock industry has annual sales of more than 400 billion yuan, and the production capacity exceeds 2 billion sets. The annual export volume exceeds 10 billion yuan. It is reported that in the future China's lock market will continue to grow at a rate of more than 20% per year. With this strong trend continuing, the future of the lock market is inconceivable. The variety of locks and the richness of the market highlight the necessity of the development of the lock market. Creating labor-intensive and characteristic industries with high threshold, high specialization, and high-end locks is the only way for China's lock industry in the future.
As long as we improve product quality standards, market-oriented, increase the adjustment of product structure, innovate science and technology, increase the research and development of new materials, new processes, and establish a brand with a strong influence on the lock brand. The future market for locks still has the potential for permanent growth.
In recent years, thanks to the economic situation at home and abroad as well as the rapid development of domestic real estate and other related industries, China has promoted the development of locks in China. At present, the lock industry has formed a comprehensive industrial system covering machinery, electronics, and biotechnology, with thousands of colors, and spanning multiple disciplines and industries. At present, China's lock manufacturing technology and equipment have been greatly improved in recent years, and it has reached and reached the world's advanced level, laying the foundation for China's lock industry to accelerate the upgrading and integration of international competition.
With the opening of the market and the acceleration of the lock industry in China and the world, the high-end products will be the market heights for international competition. The lock products that combine security, aesthetics, and decoration will be the mainstream of the future. The development of electronic smart locks will enter the fast lane of development. According to market survey data, the domestic lock market's share of high-tech products such as biometrics and electronic technologies will reach 40 billion yuan***, totaling more than 50 million sets. The future competition landscape will remain brand, quality and channels. In particular, competition in the future market will no longer be a competition among domestic enterprises. Foreign giants of locks have flooded into the Chinese market, and foreign companies’ acquisition of Chinese companies is accelerating.
High-end hardware lock application trends