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Hardware Industry
An Overview of
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Taiwan’s Household Equipment, Hardware and Hand Tool Industry
Taiwan's hand tools are the world’s unsung champions! Every year, Taiwan’s tool industry earns US$4 billion from exports of OEM wrenches and pliers. Globally reputed as the “Kingdom of Hand Tools,” Taiwan is one of the world’s top three export countries in this sector, which is one of the island’s most prominent industries. Nearly 70% of enterprises in the hand tool industry are concentrated in the Taichung and Changhua areas.
Ongoing Growth for Two Years Running
According to Taiwan’s Department of Statistics, the number of plants and workers in the hand tool industry is steadily increasing year by year. As of 2017, there were 2,166 factories and about 48,000 workers. The majority of manufacturers are SMEs, and over 70% have fewer than 20 employees. With 70% of the factories centered in Taichung and Changhua, Taiwan’s hand tool industry has a complete upstream, midstream and downstream supply chain.
More than 50% of well-known international mid-range and high-end hand tool brands are purchased from Taiwan.
Taichung’s Golden Valley: The World’s No. 1 Machine Tool Industry Cluster
At the foot of Mt. Dadu in Taichung City is Taiwan’s “Golden Valley” of precision machinery, with over 300,000 employees and an annual output value of NT$900 billion. It is the world’s number one precision machinery cluster in terms of density and per unit area output value, hosting six industries: machine tools and machinery parts, photovoltaic panels, bicycles and parts, woodworking machinery, hand tools, and aerospace.
“Taiwan’s mid-range and high-end hand tool OEM ranks No. 1 in the world.”
- Huang Hsin-Te, Vice Chairman of Taiwan Hand Tool Manufacturers’ Association and Chairman
of AllProfessional Manufacturing Co., Ltd.
Global Hardware Industry Trends

According to technical research consulting firm TechNavio, the global hand tool market will have reached US$125.5 billion in scale by 2022. Over 50% of this is taken up by the North American and Europe markets, home of the world’s largest hand tool import and export countries, with vibrant DIY cultures.

Germany is an important export expansion market for Taiwan’s hardware hand tools and DIY applications. According to the Taiwan External Trade Development Council’s iTrade platform, Germany is Taiwan’s third largest export market in this sector. In 2017, the output value of Taiwan’s exports to Germany reached US$218 million, an increase of 4.8%, second only to the United States and China. In addition, Germany is also Taiwan’s second largest export market of fasteners. In 2017, fasteners exported to Germany accounted for about 9.5% of the island’s total export value, amounting to nearly US$400 million, or US$2.6 per kilogram, and a 10.5% increase in average unit price compared to the previous year. German products with Taiwanese fasteners have long held leading positions in the global automotive, healthcare, and machinery and equipment manufacturing industries, an indication of Taiwan’s importance in Germany’s fastener market.

Estimated global hand tool market scale by 2020
* Please see the booklet for relevant reference data.
Hardware Industry Video
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1. Exclusive and innovative air outlet design patent – switch the air flow without the aids of tools, improving the overall circulation of bathroom space 2. DC motor: lower power consumption, with energy savings up to 50%, compared to AC motor 3. New aisle and flabellum design - low noise, quietly like late at night 4. Long-life & removable filter – could be washed several times 5. Long-life PTC (5000 hours) 6. Dual damper design - effectively reduces fume/odor into the indoor 7. Power consumption 2000W(220V model), speed up the warm effect 8. Three years warranty
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Water is a necessity of life. Chapter faucets combine concept and imagination of western and eastern cultures with modern design, creating simple and beautiful products which herald a brand-new era of water containers.Chapter Basin Set is a creative design combines basin and faucet together by inspiration of water supply. Pure white basin is like a well has been designed with faucet to get water like windlass. Water will be drawn out under basin and flow out from upper pipe to perfectly represent the image of windlass. Contemporary lines and sensor valve provide a brief appearance and increase the value of product.
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1. Dual motor system: Simultaneous control for lifting and lowering. Better load capacity than single motor. Dual-Motor is suitable for long-term use. 2. Two memorial sets for preferable desk height which can be set by one click. 3.136 kg loading capacity for desk surface. 4. It has ETL, CSA, FCC certification. Motors meet CEC and DOC standards. 5. Application: factory, motorcycle/ bicycle after markets, individual workshop... CSPS Co, Ltd. was founded in December 1993 by CEO George Liu. This company is a professional hardware development and production company. Distributors and marketing areas across the US, EU, Japan, Australia, Taiwan, and the countries in Southeast Asia. The company /products meet: ISO/CSA/ETL/CEC/DOE (Energy Conservation)/FCC15B (electromagnetic wave). Regarding the Brand name, CSPS, it implies customer satisfaction that we respond to customer and market’s needs promptly and provide customers suitable quality products with reasonable and affordable price.
1. Dual motor system: Simultaneous control for lifting and lowering. Better load capacity than single motor. Dual-Motor is suitable for long-term use. 2. Two memorial sets for preferable desk height which can be set by one click. 3.136 kg loading capacity for desk surface. 4. It has ETL, CSA, FCC certification. Motors meet CEC and DOC standards. 5. Application: factory, motorcycle/ bicycle after markets, individual workshop... CSPS Co, Ltd. was founded in December 1993 by CEO George Liu. This company is a professional hardware development and production company. Distributors and marketing areas across the US, EU, Japan, Australia, Taiwan, and the countries in Southeast Asia. The company /products meet: ISO/CSA/ETL/CEC/DOE (Energy Conservation)/FCC15B (electromagnetic wave). Regarding the Brand name, CSPS, it implies customer satisfaction that we respond to customer and market’s needs promptly and provide customers suitable quality products with reasonable and affordable price.
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