Status quo of hardware

Hardware, refers to gold, silver, copper, iron, tin five metal materials known as hardware for the mother of industry; The foundation of national defense, hardware products, usually only divided into hardware and hardware two categories. Hardware refers to steel plate, steel bar, flat iron, universal Angle steel, slot iron, I-iron and various types of iron and steel materials, hardware for building hardware, iron sheet, lock nails, iron wire, steel mesh, wire scissors, household hardware, various tools and so on.
As an industry closely related to national economic production and life. In the context of the steady growth of Chinese residents’ income, the demand for medium and high-end hardware products grows rapidly, the consumption market of hardware products continues to upgrade, the environmental protection industry pushes backward production capacity to continue to clear, the industry develops healthily and orderly, and the demand for medium and high-end hardware continues to rise. In 2020, the number of hardware industry patent applications increased to 6385, an increase of 17.78% compared with 2019; In 2021, the number of hardware industry patent applications increased to 6389, which decreased by 15.1% compared with 2019. As of August 12, 2022, the number of hardware industry patent applications is 1,073.
In recent years, the sales revenue of Chinese hardware industry is in a state of fluctuation. In 2020, the sales revenue rebounded to 3216.25 billion yuan, with an increase of 7.84%.
Hardware industry is a basic industry closely related to People’s Daily necessities. In the context of the steady growth of Chinese residents’ income, the demand for medium and high-end hardware products grows rapidly, the consumption market of hardware products continues to upgrade, the environmental protection industry pushes backward production capacity to continue to clear, the industry develops healthily and orderly, and the demand for medium and high-end hardware continues to rise. In the future, with the growth of high-end consumption demand for hardware products, the product structure of the hardware industry will be further optimized and upgraded, developing towards high quality and high-grade, and the hardware industry will embark on the road of high quality development.


Post time: Dec-27-2022