Domestic hardware tools are widely used in various fields such as geological exploration, stone materials, machinery, automobile and national defense industry. The manufacturing technology level of abrasive tools, geological drill bits and stone cutting tools for machining has been greatly improved. Products have become serialized and standardized, with complete specifications and stable product quality. Some products have a certain degree of competitiveness in the international market.

The purpose of the power tool is the same as that of the air tool. It is even more convenient to use than a pneumatic tool. It has a small and exquisite body, long life, high safety, and can save energy and other advantages. In terms of the current overall situation, its specifications are relatively complete, such as wind chisel, gun drill, polishing machine, impact wrench and so on.

The research and application of China's start-up manufacturing and electric technology started late, but there has been great development in the past decade or so. Because pneumatic tools have the characteristics of high quality, high speed, high output force, and high precision, electric technology is quickly applied to various industries and has created significant economic benefits.

In the golden period of development of electric tools, China is a major producer and exporter of hardware tools. Among them, most of the electric tools sold worldwide are produced and exported from China. China has become the world's leading supplier of electric tools. Although China's hardware tools industry is relatively large, due to factors such as weak technological innovation, over-monotonous market structure, and weak brand influence, many hardware and tool manufacturers often lack core competitiveness and are difficult to become bigger and stronger.

Luo Baihui, secretary-general of the International Mould and Hardware and Plastics Industry Suppliers Association, introduced that in China's domestic electric tool market, domestic sales of electric tools have already accounted for 90% of total sales, while various imported brand products only accounted for 10% of the market. In the foreign power tool market, the proportion of China's manufacturing continues to expand, and China has become a global power tool production base. The domestic electric tool market is more strict with the quality and brand of electric tools. Regardless of whether it is an electric tool distributor or a direct end user, they attach great importance to the quality and brand of electric tools. Therefore, the inclination of the market for good quality, good brand electric tools has increased. This is an increase, indicating that the power tool market is maturing.

After the recovery of the international economy, hardware tools ushered in the golden period of development of the export market, especially in the developing countries. Due to the relative lag and overall ageing of the machinery processing industry in developing countries, there is a strong demand for imported hardware products. The hardware products business quickly seized this great opportunity to gradually develop trade agreements and contacts. Huge export market and trade business. Luo Baihui suggested that hardware foreign trade companies should take measures to respond to the situation, take timely measures to actively participate in international exhibitions, improve product quality, increase product innovation, vigorously create low-carbon products according to the international economic situation, and understand the European Union's directives for the export of hardware products. While opening up the banner of expanding foreign markets, China's hardware products will increase its international market share.