Industry Overview
One of the largest and most important sectors in the global market, hardware products industry has grown by leaps and bounds in the recent few years. Fueling the economic boom and subsequent growth and development in the several industrialized nations of the world, hardware parts and components have become an integral part of business in nearly every major industry. From construction to IT and textiles; and from furniture to banking and biotech, we can feel the presence of hardware products everywhere.
General Industry Overview
The hardware products industry can be broadly defined as the sector of the economy providing the means for the growth, development and smooth functioning of the different spheres of our life and society. In practice, the industry can be hard to define, in part as some products in the industry are crucial for the multiple segments of the industry as well as to other industries.
On the basis of different products and their applications, hardware products industry can be fragmented into following categories -
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