Using power tools in the world more than 85% are now made in China, the powertool has many of the components are also produced in a foreign country in China,about three quarters of world power tools electric tools in China's exportstotal exports amount to 40%. In 2010, China's electric tools production reached230 million units, an increase of around 15%. Luo Baihui International mould andmetal plastics industry suppliers Association Secretary-General said thatelectric tools are widely used in aerospace, construction, shipbuilding,automotive, mold manufacturing industry equipment manufacturing as well as roadconstruction, decoration, metal processing, wood processing and other fields.
In recent years, electric tools industry showed rapid development momentum,power tools in the domestic market, domestic electric power tools sales volume has accounted for total sales of 90%, and a variety of imported brand products only accounts for a share of 10%. Foreign power tool market, manufacturing in China expanding, China has become the world's leading exporter of power toolsand electric tools production base in the world, industry has great potential.
Look to the industry environment, China is in the midst of industrial upgradeand full development of advanced manufacturing and follow the construction ofhigh-speed rail, shipping and other infrastructure facilities, advancedequipment manufacturing industry continues to invest, develop and upgrade, allelectric tools industry has created an unprecedented market and developmentopportunities. Luo Baihui said China's electric tools market and rapid growth incapacity is 25% more than a year by 2012, the market capacity will reach 20.5billion yuan. The other hand, international format industry after the financialcrisis in the context of strategic adjustment, industrial undertaking andtransformation of China domestic hardware creating productive opportunities ininternational markets.
Power tools top in the international market, but earnings are very low. Study its causes: a is China manufacturing of electric tool most is posted brand production, and neutral packaging of sample processing, no since has of brand; II is trade company and production enterprise Zhijian mutual prices, export Enterprise Zhijian low price competing pin, caused products price yearly declined, serious effects has export enterprise of economic; three is China export of electric tool almost are is DIY buffet tool, cannot as professional with tool using, for products sold not out good price.