Hardware industry has a large scale of "small and scattered"

Since there is no high threshold for entry into the hardware industry, there are a large number of companies engaged in the hardware industry. At present, although the overall scale of the hardware industry in China is large, most of them are small and scattered. The weaker hardware companies are continuing to close down. In the future, the hardware industry will really enter the reshuffle period. Only companies with certain strengths will be able to obtain development.

In recent years, hardware companies have sprung up everywhere. However, due to the old concept of production, many SMEs still remain in the pursuit of quantity, and product quality is difficult to guarantee.

The vast majority of hardware companies still mainly focus on small workshop-style shops and have scattered stores and weak brand awareness. This caused the hardware industry to be scattered, chaotic, and small. The traditional business model can no longer adapt to the rapid development of the market.

Hardware companies should actively increase technical equipment updates and product updates, and quickly complete the development of products from low-grade products to high-end products, shifting from price-based to high-quality, high-tech product competition.

Enterprises must actively explore new development paths, develop new products with high technology content, take product differentiation as a long-term plan for business development, and seek new market demands.