Global automatic regulating valve development prospects

In the past few years, the trend of “outward” development of domestic industrial valve enterprises was obvious. At that time, although there were many internal enterprises in the industry, due to low cost and fierce competition, most enterprises relied on lowering the price of products to obtain the market. In the meantime, corporate profits are very low, basically only in the state of maintaining production, but it is difficult to make money. The consequences are low product prices, low added value, low profits, and the company does not have enough funds to continue to develop. If the enterprise cannot make progress, the industry will be difficult to upgrade, resulting in superiority and inferiority. Enterprises do not have sufficient funds to guarantee that the design and technological content of products cannot be improved. Plagiarism and acceptance of orders from overseas enterprises have become the ultimate choice for the survival of enterprises. This will inevitably lead to the absence of domestic valve fittings in the high-end market.
In the situation that the macro economy continues to be optimistic, most of the production and sales indicators of the valve industry have maintained rapid growth, but due to the impact of price wars, the industry's sales revenue and profits have fallen sharply compared with last year. However, in general, China's pump and valve market is less concentrated in the industry, mainly in the production of low-end products. In terms of owning core technologies, there is still a certain gap between domestic enterprises and developed countries.
At present, there are still some problems in China's valve industry. For example, China's valve enterprises mainly focus on low-level, small-scale, family-run enterprises. In the product, due to repeated investment and insufficient technology introduction, the leading products of China's valve enterprises are still low-quality mass products. It is understood that at present, various valves produced by Chinese enterprises generally have shortcomings such as leakage, internal leakage, low appearance quality, short life, inflexible operation, and unreliable valve electric devices and pneumatic devices. Some products are only equivalent to the last century. At the international level in the early 1980s, some valves required for high temperature and high pressure and critical equipment still depended on imports.
China's valve industry in the industrial structure, the industrial chain of industrial valves, as well as the degree of specialization of the industry have a large gap with foreign companies, the reason for the low quality of domestic valve products is: due to the rapid expansion of the market, the original state-owned valve companies have Shut down and turn. According to the survey of air-conditioning and refrigeration market, although a number of township and village enterprises have developed rapidly, due to the low starting point of township and village enterprises, the technical strength is very weak, and the equipment is simple. Most of the products are imitated, especially the low-pressure valves for water supply and drainage. The above problems do not affect the broad prospects of China's valve industry in the future. This is mainly due to the support of national policies and the strong demand for the valve product market. In particular, the construction of several projects such as “West-East Gas Transmission”, “West-to-East Power Transmission” and “South-to-North Water Transfer” requires a large number of valve products. .
Last year, the total import and export volume of China's valve industry reached US$24.1 billion, a year-on-year increase of 28.2%. The total export value was US$22.4 billion, a year-on-year increase of 29.3%; the total import value was US$201.34 billion, a year-on-year increase of 27%. With the recovery of the world economy, the import and export of valve products in China has also increased. However, due to the large gap in high-end technology compared with foreign manufacturers, product technology will become a constraint on the development of valve products in China in the future. bottleneck.
Until recently, Chinese valve manufacturers were limited to some less profitable target markets, such as Ethiopia, Sudan, Iran, Iraq and parts of Southeast Asia. These markets are small in scale, and the decision-making process is entirely dependent on price and limited profit margins. Chinese imported valve manufacturers must pay attention to the undeniable fact that if they want to survive in the future, they must improve their previous sluggish performance and obtain large export manufacturing profits. The main reason for the current lack of export revenue is that there are a lot of business opportunities in China's domestic market, and the quality of equipment imported from China's valve manufacturing is not enough to sell overseas.