Last year, in the hardware market, European and American developed countries due to rapid production technology development and labor prices, the general products by developing production, only the production of high value-added products. And China also has a strong market potential, so the development of more favorable for metal processing export country. Our hardware market are mainly distributed in Zhejiang, Jiangsu, where Shanghai, Guangdong and Shandong, the Zhejiang and Guangdong is most prominent.

In spite of all kinds of hardware tools production in China has been widely used in various industries, and achieved remarkable economic benefits, but the technical level of similar foreign products there is still a certain gap, vigorously develop the hardware tools industry, the development of new technology and new products, pay close attention to, speeding up the development of China's hardware tool industry, improve the economic benefit and the overall technical level.

At present, the whole hardware tool industry leading role is not strong. Hardware tool industry leading backbone enterprises is not obvious in the domestic market, the overall competitiveness of industry technology. Moreover, the weak ability of technical innovation, market structure is too simple. Hardware tools main business from foreign trade orders, export dependence is too high, cause in the international financial crisis under the influence of the economic crisis, these enterprises to export the shrinking market, has posed a serious threat to the survival and development, brand construction lags behind relatively. Hardware tools most enterprises rely on OEM production, the lack of awareness and core competitiveness.

In order to meet the needs of domestic and international hardware tools market, must accelerate the development of new products, improve product quality, increase the variety, improve yield. In recent years, machinery, medical equipment, precious stones, wood, glass, steel, stone handicrafts, ceramics and composite non-metallic hard brittle material processing field of the hardware tool demand is increasing year by year, at present, these products in domestic is still dependent on imports, so we must develop a variety of series of hardware tools of high quality as soon as possible, in order to import substitution.

Therefore, China's hardware tool industry must increase investment, pay close attention to the development and popularization of new products and new technology, new technology, continuously broaden the application areas of diamond, hardware tools industry improve the overall technological level and market competitiveness, to variety, quality to survive, to technological progress and development.