Analysis of the development trend of the hardware lock industry

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In recent years, China's hardware lock industry product homogenization phenomenon is serious, the number of small and micro enterprises is large, and the sales channels of various enterprises are relatively similar, can be known by the majority of consumers brand few, even in the home building materials industry, the number of well-known hardware lock brands is not much. So what is the current development trend of China's hardware lock industry?

In recent years, China's hardware lock industry product homogenization phenomenon is serious, the number of small and micro enterprises is large, and the sales channels of various enterprises are relatively similar, can be known by the majority of consumers brand few, even in the home building materials industry, the number of well-known hardware lock brands is not much. So what is the current development trend of China's hardware lock industry?

Economists believe that the development of every industry or industry has to go through a process, that is, the industrial life cycle. This process generally consists of four stages: start-up, growth, maturity, and decline. At present, China's hardware lock industry is in the stage of maturity and decline. Why do you say that in recent years, the country has been advocating the transformation of economic growth mode, and governments at all levels have also invested a lot of money to promote industrial upgrading. Many local governments are implementing industrial transfer, eliminating backward production capacity, reducing the number of enterprises, avoiding duplicate construction, and improving the overall quality of enterprises.

China's hardware lock industry product homogenization phenomenon is serious, the number of small and micro enterprises is large, and the sales channels of various enterprises are relatively similar, can be known by the majority of consumers brand few, even in the home building materials industry, the number of well-known hardware lock brands is not much. Therefore, after the end of this economic cycle, many small and micro enterprises will be eliminated. Miao Bizheng, general manager of Puxin Hardware, said: "The state will force some industries and enterprises to eliminate through various macro-control means, the purpose of which is to implement the scientific concept of development, and second, to improve the overall competitiveness of the industry. At present, the hardware lock industry is in an 'eventful autumn', the domestic real estate market is sluggish, the demand for hardware lock products is declining, and sales are declining. In the foreign trade market, the order volume of many export-oriented enterprises this year has decreased compared with previous years. ”

In the future, there will be two major trends in the development of the hardware lock industry.
Trend 1: Digital fingerprint locks are expected to make up for technical shortcomings

As far as the lock products themselves are concerned, most of the locks in China are mechanical mortise locks and spherical locks. The production technology of these two locks is simple, as long as the real materials are real, and the various production and manufacturing links are strictly controlled, there will generally be no quality problems. However, these two locks are not products, the technical content is low, and it is difficult to upgrade. Therefore, after nearly 20 years of development, the domestic lock industry has still not made breakthroughs, and the product function has always been positioned in the practical, safe and anti-theft function. The efforts that enterprises can do are to control the quality of products and innovate the appearance and style. It is no exaggeration to say that the low technical content has caused the congenital deficiency of mortise locks and spherical locks, which has become a shortcoming in the development of the lock industry.

However, the advent of electronic fingerprint locks has made certain changes in the hardware lock industry. With the development of intelligent security technology and the wide application of chips, electronic fingerprint locks have developed rapidly. At present, some big brands such as Huitailong, Paramount, Mingmen, Sakura and other enterprises have developed intelligent electronic fingerprint locks. Puxin Hardware is also accumulating the development of digital smart lock products, investing a lot of money and manpower, and has also set up a production workshop for this purpose. Mr. Miao said that the intelligent electronic fingerprint lock may become a "blue ocean" after the lock industry, the market space is still very large, the profit is relatively high, and the profit brought by after-sales service is also very large, which is worth paying for the lock company. In order for an enterprise to survive, it must walk on two legs in terms of products, one is to have high value-added products, which can bring more profits to the enterprise; The second is to have a volume of products, which only need to earn a small amount of profit, in order to attract the attention of consumers and improve the influence of brands and enterprises. One is indispensable. For lock companies, spherical locks can be used to carry volume, while mortise locks and electronic locks can obtain more profits.

Trend 2: The cooperation between lock enterprises and door enterprises emphasizes personalization

As we all know, although the large-scale development of the lock industry is earlier than the door industry, the door industry has far exceeded the lock industry after more than ten years of rapid development. Nowadays, the development of the door industry has become the vane of the lock industry. Often after the advent of a new door, lock companies will design and produce matching locks according to that door product. Many European-style locks on the market are produced according to the design concept of high-end European-style wooden doors. For more industry information, please refer to the market research and analysis report of the hardware lock industry.

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