Electromagnetic valve industry market development and prosperity

Because of its low cost, high work efficiency, easy assembly and maintenance, and simple maintenance, solenoid valve products are popular with the market, companies and consumers, and the market has always been highly popular. In the domestic market and foreign markets have their own place.

The role of valves in industrial processes is mainly to control the flow and flow of various fluids: such as water, oil, chemical liquids, etc., based on the parameters of temperature, pressure and flow. The control valves often used in factories include several types, such as pressure reducing valves, pneumatic constant temperature valves, solenoid valve constant temperature systems, proportional control valve constant temperature systems, and temperature control valves. In traditional industries, commonly used valves include manual valves and pneumatic valves. However, in terms of operating efficiency and saving energy consumption, ordinary valves are less costly and more efficient than electric valves. Electric control valves have become an indispensable part of the industry. Due to its advantages of high efficiency and energy saving, solenoid valves gradually occupy the market valve class in the industrial process.

In recent years, the development of China's electromagnetic valve industry is fast, benefiting from the continuous progress in the production technology of the electromagnetic valve industry and the continuous expansion of the downstream demand market, the electromagnetic valve industry is very optimistic about the development situation in the domestic and international markets.

At present, there are about 6,000 valve companies in China, of which 900 have an annual output value of more than 5 million yuan. There are 3 domestically listed valve companies, namely China Nuclear Technology, Hongcheng Shares, and Guangdong Pearl. In 2012, China Nuclear Technology’s main business income was RMB 38.8 billion, Hongcheng’s main business income was RMB 110 million, and Guangdong Pearl’s main business revenue during the first half of the year was RMB 120 million. The total annual demand in China's valve market is no less than 10 billion yuan. The annual demand of the electromagnetic valve market is about 3 billion yuan. According to the scientific concept of development, China will inevitably put infrastructure construction such as water, electricity, gas, and heat in the middle to ensure the coordinated development of the economy in the future and improve people’s lives. This is precisely where the valve comes into play. In other words, as a newly-built type rather than a replacement-type Chinese valve market, the potential and explosiveness of its solenoid valve demand will be staggering.

With the advancement and development of science and technology, the pace of socio-economic development continues to increase, and the competition in various industries is also becoming increasingly fierce. After several decades of development in China's valve industry, product development, performance, quality, reliability, service, etc. All aspects have made great progress. The industry is moving toward a highly automated, intelligent, multi-functional, high-efficiency, and low-consumption process, and has become a must for many industries.

The strong demand for the solenoid valve product market has benefited from these aspects. The sustained and steady development of the state-owned economy and the gradual expansion of investment in fixed assets, especially for the start-up of projects such as West-to-East Gas Transmission, West-to-East Electricity Transmission, and South-to-North Water Transfer Project for a few centuries, require a large number of valve products; Faced with the advent of the era of industrialization, the use of large valve manufacturers in the petrochemical industry, the power sector, the metallurgy sector, the chemical industry, and the urban construction will increase the demand for solenoid valve products. The total number of valves required by the electric power industry during the “11th Five-Year Plan” period for large and medium-sized projects in coal-fired power plants is: Total valve demand is 153,000 tons, annual average demand is 30.66 million tons, and total valve demand is 39. 600 million yuan, with an average annual demand of 7.92 billion yuan. According to the average annual growth rate of 20%, the total demand for valves during the “12th Five-Year Plan” period is 265,600 tons, the average annual demand is 532,200 tons, and the total valve demand is 6.640 billion yuan. The average annual demand is 13.28 billion yuan.

At present, the electromagnetic valve industry competes internally. The causes of the intensified internal competition in the industry may be the following: First, the slow growth of the industry, fierce competition for market share; Second, the number of competitors, the amount of competitiveness is quite equivalent; Third, the products or services provided by competitors roughly The same, or only less obvious, does not reflect the obvious differences; Fourth, some enterprises expand their production scale for the sake of economies of scale, the market balance is broken, and there is a large surplus of products, and companies have begun resorting to price reduction campaigns.

China Research Institute of Cape Town China Research Institute stated that China is gradually becoming the largest processing plant in the world. The processing and manufacturing of electromagnetic valve products is facing more room for development. As long as companies can seize opportunities, strengthen research and development capabilities and continuously improve product technology. Content and product quality can take the initiative in the fierce market competition. In recent years, China's solenoid valve industry is facing a new development situation. As the number of newly-entered enterprises increases, the prices of upstream raw materials continue to rise, which leads to lower profits of the industry. Therefore, the market competition in China's electromagnetic valve industry is becoming increasingly fierce.

Faced with this situation, in the next few years, companies in the solenoid valve industry should actively respond, pay attention to the ability to foster innovation, continuously improve their own production technology, and strengthen the competitive advantage of enterprises. At the same time, enterprises in the solenoid valve industry should also fully grasp the industry's The market is in a state of operation, continuously learning the latest production technology of the industry, understanding the direction of the industry’s national policies and regulations, and grasping the development trends of competitors in the same industry. Only in this way can companies fully understand the development of the industry and their position in the industry. , And develop accurate development strategies to enable companies to gain the upper hand in the brutal market competition.