China is a power tool manufacturing power, the domestic electric tools sales 90% is domestic, whether it is the production or sales, China is called the world's electric tools distribution and suppliers. But in fact, at present due to the technology innovation capability is weak, the market structure is too single, brand influence is weak and other factors, many hardware tools production enterprises often lack the core competitiveness, it is difficult to become bigger and stronger.

In our country at present tool sales in 2003 to 145 billion yuan, the hard alloy cutter for ratio of less than 25%, not only with the international market tool product structure is far from, also can not meet the domestic manufacturing of hard alloy cutter and growing demand.

At present, the imbalance of the tool structure is the production of the tool and the demand is not the way. For example: the user needs of the hard alloy cutting tool is very big, but the high speed steel cutting tool but the production surplus; modern manufacturing industry urgently needed efficient tool gap is very big, but the low standard tool production surplus.

In the domestic power tools market, the number of domestic electric tools has accounted for 90% of the total sales, and a variety of imported brand products only accounted for 10% of the market share. Foreign power tools market, China's manufacturing scale continues to expand, China has become the world's electric tool production base. Domestic power tools market on quality and brand power tools more discerning, regardless of is the electric tool dealers, is still broad direct users, are very face the quality and brand of electric tools. Therefore, the market for good quality, good brand power tools to increase the tilt. This is an increase in the power tools market matures.