The Current Development Status Of The Explosion-proof Electrical Appliance Industry in China

While the explosion-proof electrical appliance industry is developing rapidly, there are some unfavorable factors and problems that affect its development both at the macro and micro levels. Overall, it is confronted with difficulties and challenges such as insufficient external demand, overcapacity, the continuous rise in labor costs and the increase in raw material costs.

First, insufficient innovation capacity. Up to now, there are still relatively few enterprises in China's explosion-proof electrical appliance industry that have independent research and development capabilities. The vast majority of small enterprises basically do not have product development capabilities. Some small enterprises do not even have basic engineering and technical personnel, but they are still blindly producing explosion-proof electrical appliance products. Due to the severe insufficiency of innovation capabilities of these enterprises, the overall technological level of the industry has been affected, resulting in a lack of international market competitiveness.

Second, the field of product sales and circulation is rather chaotic. Some explosion-proof electrical appliance manufacturers lack market research and have few new technologies and products, which fail to meet market demands. Produce some low-end products at a low level and in a repetitive manner, and seek market share by offering low prices. Some small enterprises have relatively prominent product quality issues, and counterfeit and shoddy products still have a market. The circulation of such shoddy products in the market not only causes huge economic losses to users, but also disrupts the normal business order. It is not only detrimental to the development of enterprises, but also restricts and affects the technological progress of the industry.