International market for our products Screwdriver Bit hardware tools etc prime requirement is gradually evolving, the quality of Chinese products, packaging, delivery time will have higher requirements, and even gradually extended to the production process and product development, product and environmental protection , energy resources, human environment together. The huge market and the center of gravity will further attract multinational hardware manufacturing center of stainless steel to China.
In 2011 the global market demand for industrial fasteners is $ 65.5 billion, from 2018, that figure will reach $ 94.65 billion, a compound annual growth rate (CAGR) of 5.4%. Threaded fasteners industry accounted for the largest, accounting for 38% of total demand for fasteners, reaching $ 25 billion. In view of the near future, the development of industrialization and the growth in demand for durable goods, externally threaded fasteners will appear the most rapid growth. China, Brazil, India and other countries to promote the economic development of consumers' disposable income has risen, driven by growth in demand for the automotive industry, which will be the future market growth prompted fasteners most important factor. In addition ,2012-2018, the global construction and maintenance industries will also be promoting the fastener demand growth is one important reason. Nevertheless, the implementation of the EU's high anti-dumping duties will be to some extent hindered the fastener market growth. Railways, solar energy equipment, etc. customized fasteners fasteners for the entire development to bring new opportunities for market development.
Electronic, electric Driver Bit, assembly equipment, metal products and other OEM aerospace industry is the most important application areas of industrial fasteners, fasteners accounted for 2011 total demand for more than 30% share. However, the future as the global construction and maintenance industry, rising demand for the construction industry will become the largest fastener industry. The agency predicted ,2012-2018, the compound annual growth rate of industrial construction applications (CAGR) to reach 9%. In addition, the automotive OEM industry growth rate also exceeded the average. Tiny motors are technology-intensive industries, the rise in Switzerland, developed in Japan, and then gradually with technology diffusion to developing countries. At present, Japan, South Korea still holds the tiny motor industry advanced technology to China as the representative of developing countries are to undertake the Japan, Korea and other developed countries industrial transfer. With magnetic country rich in resources, production, prices and labor costs low multiple advantages, has become the world's leading producer of small motors and exporter.
Asia-Pacific demand for industrial fasteners strongest. 2018 Asia-Pacific region will account for global demand for fasteners fastener market demand more than 45% of the total value of the share. This trend in the next six years will continue, mainly due to rapid industrialization and development of the Asia-Pacific region as well as a favorable economic environment, thus promoting the demand for durable goods and other manufacturing good development. Accompanied by the development of micro-motor industry organized by the relevant Academic Forum and Exhibition and Conference to some extent also reflects the development of micro-motor industry's future trends and industry structure, such as the annual held in Shenzhen, Shenzhen International Exhibition of small electrical and magnetic materials, relying on the Pearl River Delta, a huge industrial advantages, the rapid rise, motor magnetics industry has gradually become a "barometer", annually attracts tens of thousands of domestic and foreign buyers to exchange orders.
With communications, miniature games, consumer electronics and healthcare equipment industry's rapid growth, AMD motors are widely used, but its complex production process, high precision and power requirements, the market is far from saturated, there is a big space for innovation and growth, in addition, the rapid development of automobile industry, but also for micro-motor applications in the automotive sector has provided a broad space for development. An ordinary car normally takes about 15 units of the micro motor, while luxury cars may need 40-60 units, such as: automatic quantitative electronic fuel injection system to replace the traditional carburetor, ABS brakes are replaced by the motor replaced and so on. The aviation technology, weapons and equipment automation and future development of 3D printing technology will directly lead the micro-motor to high, refined, sharp direction.