Opportunities and threats coexist in the new market environment of metal stamping plants

The opportunities facing the hardware stamping factory are: (1) The state continues to promote the structural upgrade of the hardware market and government support policies. Our country has once again put forward overall plans and goals for the development of the hardware industry, and encourages local government agencies to work with enterprises to make efforts for the development of the hardware market. The hardware market is closely related to the lives of the people and has become an important engine for China's economic development. In recent years, the country has continuously introduced new support policies to encourage the development of the hardware market, which undoubtedly provides a good opportunity for the development of the hardware stamping factory. (2) Continuous innovation of technology. The level of technology and equipment has been greatly improved. The use of new technologies and advanced applicable technologies to transform the traditional hardware industry has achieved obvious results. Technological innovation and intellectual property protection are becoming the consensus of the entire industry. In the fields of stainless steel products, kitchen equipment and range hoods, companies have integrated their understanding of Chinese kitchen culture into product design and development to create new products that meet the needs of Chinese kitchens. Key enterprises in the gas appliance field have successfully developed new products such as condensing gas water heaters and integrated household gas central hot water systems with their strong technical strength. Key enterprises in the gas appliance industry have obtained more than 630 patents in just one year. (3) The demand in the hardware market continues to increase. The hardware market is a basic industry related to the national economy and people's livelihood. Due to the rapid development of the real estate industry, it continues to drive the development of the furniture decoration industry and the construction industry. The social demand in the furniture hardware field and the construction hardware field is increasing, and the social potential is huge. The huge domestic market demand supports the supply chain of the enterprise and provides a good development opportunity for the development of the enterprise. The threats faced by metal stamping factories are: (1) Threats from substitutes and new entrants. Although there are certain technical barriers in the hardware industry, in the information age today, various new methods, new processes, and new processes are emerging one after another, and the threat of substitutes is increasing day by day. Coupled with the huge market development potential of the hardware market, new entrants are constantly emerging, all of which pose a threat to the development of the hardware stamping factory. (2) External competition pressure. At present, the development of the hardware market is clustered, and most hardware manufacturers are concentrated in one area, which has caused fierce competition within the cluster. Xinghua Hardware not only faces the pressure of product competition within the cluster, but also competes for market share with other competitors in the domestic and foreign markets. (3) The bargaining power of suppliers continues to improve. It is precisely because of the endless emergence of private enterprises in the hardware market and the fact that there is not much choice of suppliers within the cluster, the bargaining power of suppliers will increase accordingly, and the hardware stamping factory has to negotiate with suppliers on prices, products, and quality. negotiation. Previous post: The requirements that should be met when selecting the electrode wire for slow-moving wire cutting