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The hardware industry is developing very fast. The most concentrated markets in the traditional hardware industry in China are mainly concentrated in mechanical hardware, architectural hardware, decorative hardware and daily hardware. The trend of industrial concentration in the hardware industry is also obvious. The domestic hardware industry is mainly concentrated in economically developed provinces and regions such as Guangdong, Zhejiang, Jiangsu, Shanghai, Hebei, Shandong, etc. The products of traditional hardware enterprises are relatively simple. Many enterprises only provide supporting facilities and accessories for other manufacturing enterprises, which are highly dependent on manufacturing enterprises and slow to respond to market demand. The traditional hardware enterprises do not pay attention to the research and development of new products and the extension of the market, resulting in the lack of sustainable competitiveness of enterprises. In the face of more and more specialized market demand and more and more fierce competition, many hardware enterprises with rapid development in the initial stage feel unable to follow up.

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