In 2025, the market scale of China's hardware and electrical industry exceeded 1.8 trillion yuan, with a year-on-year growth of 9.1%. It is expected to reach 2.6 trillion yuan by 2030, with an annual compound growth rate of 7.2%. The growth is driven by three poles: domestic infrastructure and manufacturing upgrading, booming export demand, and technological iteration. Traditional categories grow steadily, while emerging ones see significant growth.
The industry's intelligent upgrading accelerates, with the Internet of Things boosting the intelligentization rate of products and more lightweight materials being used. Global layout has achieved results, as Chinese enterprises take advantage in emerging markets, and policy subsidies help transformation. Despite cost pressures, leading enterprises respond actively. The future will see higher market concentration, rising customized services, and technology competition becoming mainstream, with a promising prospect for the industry.

Join Us at the 31st China Yiwu International Commodities Fair - Export Goods Exhibition
Date: October 21-24, 2025
Venue: Yiwu International Expo Center, Yiwu, Zhejiang, China
Register for Tickets: http://buyer.yiwufair.com/dreg/#/login?lang=en&origin=5587&fquestionId=489
For inquiries, please contact us. We look forward to welcoming you to this premier global trade event!