China has become the world's leading suppliers of power tools

With modern scientific and technological achievements in the industry continue to apply, metal industry, power tools and more intense competition. To gain a firm foothold in the field of power tools, we must fully understand the developments in the market.

Global sales of power tools in the process, mostly from China's production and exports, China has become the world's leading suppliers of power tools. But at the same industry in the development of power tools, power tools due to various quality problems caused harm to consumers have also occurred, the world market for power tools on their requirements are becoming increasingly stringent. EU for the hardware power tools to develop a special 60745-1 standard, which aims to establish a standardized hardware power tools to enter the European market for electric tools product specifications.

Looking at the status of the domestic power tool industry, the production of consumer-grade power tools products business accounted for the vast majority, can form a portfolio of professional-grade products factory is extremely scarce, industry concentration is low, the lack of a leader. From the development trend among domestic brands will experience the industry reshuffle, eventually forming the minority leader to guide and regulate the orderly market; between domestic and foreign brands, will also be reassigned market share of domestic brands continue to replace foreign brand.

In order to consolidate the market has been occupied, and further develop and exploit new markets, companies must be fully aware that only through their own change of power tools, the use of technology to enhance the development of information technology, power tools industry, and gradually occupied the capital markets arena, promoting reorganization of resources and patterns of Chinese electric tools industry restructuring.