China's hardware industry has a broad space for development and unlimited possibilities in the future.

Over the past 30 years of reform and opening up, the achievements of China's hardware industry are also obvious to all. Nowadays, China has become an important producer, consumer and exporter of the world hardware industry. China has formed about 30 hardware industry technology centers and product centers. These centers are not only the top leaders in China's hardware industry, but some centers have become the world's hardware industry leader. According to analysts of Shangpu Consulting Building Materials Industry, the market potential of the hardware industry is huge, and the future development trend is mainly reflected in the following five aspects.

First, accelerate the integration of domestic and foreign companies. At present, the main force of China's hardware industry is private enterprises, they account for about 70% of the market share, domestic hardware industry enterprises present a "small, zero, scattered" situation. In order to further improve the international market, domestic enterprises must accelerate the integration of domestic and foreign enterprises through various means in order to improve product quality and competitiveness.

Second, it will intensify the polarization of enterprises. In the next few years, the hardware industry will enter a period of high-speed shocks. The consequence of the shock is to expand the polarization of the hardware industry. After the shock, the number of companies that can survive will be reduced compared with the current number. The situation of “small, zero, and scattered” will become intensive and large-scale operation, and the market operation will be more rational at that time.

Third, the current price-based market competition has gradually turned to competition for high-quality, high-tech products. With the deepening of market competition, the profits of all stages of the hardware industry's industrial chain are decreasing day by day. The price competition can no longer become the core competitiveness of the public enterprises, and must be changed to continue to develop. Many hardware companies have increased investment in research and development, researched and produced products with high technology content, demanded new market demands, and achieved sustainable development of enterprises.

Fourth, the sales channel is specialized, and competition among channels is becoming increasingly fierce. The supply of domestic hardware and kitchen products exceeds demand, and the competitive pressure is huge. The sales channels as key competitive factors have become the focus of competition. In order to reduce sales links and save sales expenses, hardware manufacturers will increase control over sales terminals and gradually optimize sales channels.

Fifth, further stabilize China's status as a world hardware manufacturing center. With the rapid rise of China's economy, it has become the most dynamic economic region in the world. China's economic facilities are perfect, the industry is mature, and labor costs are low, which has become a prerequisite for becoming a world hardware manufacturing center. China is the most populous country in the world, and the demand for hardware kitchen and bathroom products is huge. The huge market will further promote the transfer of hardware manufacturing centers to China.

Hardware companies should seize this development opportunity and give us their own strong market potential. China's hardware industry has broad development space, which means that the future of China's hardware industry will be infinite.