China is a major producer and exporter of hardware tools. Among them, most of the power tools sold in the world are manufactured and exported from China's power tool manufacturers, and China has become the world's leading power tool supplier.
In the domestic electric tool market, the sales volume of domestic power tools accounts for 90% of the total sales volume, while the market share of various imported brand products is only 10%. Based on the current trend of development, the demand for the power tool batteries is increasing, so the market will increase the inclination of the battery of good quality and good brand power tools. This is also an inevitable trend.
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