In 2012, China hardware & electrical industry has held its space in the global market according to the latest data. It developed so well in the competitive market. This is the proud of Chinese people and brings the hope for the domestic hardware market.

In the market of international hardware tool, the developed countries let the developing countries produce the common products because of its rapid development of production technology and high cost of labor. They just produce high added value products. And China also has the huge market potential; it is easy to become the large export country of hardware tool processing.

The developed countries have speeded up to transfer the low and medium-end products to the third world because of rapid development of production technology and high price of labour power. They just produced some high added value products.

In recent years, the building hardware products design of developed country is mainly featured with easy installation and maintenance, so the DIY products and tools are very popular.

In the later two years, domestic building hardware products will tend to be intelligentization and hommization according to the analysis of insider.

The global hardware tool has held the space in China in 2012. And its development trend is intelligentization. In 2012, There are great development and highlight for the hardware industry in the country. Let’s expect bright prospect of hardware industry together.