Since the valve industry entered China in the 1920s, after more than 80 years of development, domestic valves have made great progress in terms of performance, quality, and accuracy, but they have not been able to cooperate with international companies. The valve manufacturers of well-known brands in the market directly compete with each other, and China's valve equipment is still far away from entering the international advanced industries. However, our country has a huge demand market for valves. This has also attracted countless companies to join this large industry, including many advanced foreign companies. This has made China’s valve market increasingly fierce and internal conflicts have become increasingly acute. Domestic valve companies are also a great challenge.
According to relevant statistics, up to now there are more than 2,300 valve manufacturers in the entire industry, providing more than 3,500 valve types and more than 40,000 specifications. With a large enterprise base, a wide variety of products, and fierce competition in the industry, some valve manufacturers have begun to “transfer positions†in order to be able to grab more market share and firmly occupy a place in the market, and have turned their attention to the e-commerce field.
Valve manufacturers hope to circumvent some market competition and pressure through e-commerce, but the reality is not as beautiful as it seems. The competitive pressure on e-commerce platforms is no less inferior than traditional marketing. Due to the characteristics of the network, the competition on the platform may be Become more intense.
From this, it can be seen that whether it is traditional marketing or the current e-commerce platform, the competition in the valve industry is very fierce. Will the valve market become saturated? Pump valve industry analysts said that although ordinary valve products in the domestic market tend to be saturated, but in the future, especially during the "12th Five-Year Plan" period, the demand for valve products in the domestic market may still increase.
First, at the end of September, the “Guiding Opinions of the General Office of the State Council on the Construction and Management of Safe Housing Projects†proposed that by the end of the “Twelfth Five-Year Plan†period, the coverage of affordable housing in the country should reach about 20%. The construction of affordable housing will drive a certain amount of demand for urban building valves.
Second, the industrial upgrading and transformation of various industries has accelerated. Valve manufacturers will pay more attention to the production technology of high-end products. The number of high, medium and low-end products on the market will be balanced and stable, and the market share of domestic high-end valves will also be filled.
Third, the demand for valve products by consumers is getting higher and higher, and the market segmentation is intensifying.
Market segmentation can achieve a fragmented market, just like a bottle full of stones. It does not seem to contain other things on the surface, but if sand is poured into it, you will find that there is still space in it. Therefore, grasping the fragmented market demand will also bring considerable profits to the manufacturers.
For enterprises, competition is both a challenge and an opportunity for development. Facing such a huge development market, domestic valves must also seize this development opportunity. By learning advanced technologies, they can no longer rely solely on advanced foreign equipment to build their own. The brand, to produce a valve device that can be comparable to the international market In summary, despite the fierce competition in the valve industry, but in the future development, there will still be other manufacturers to display their “fighting feet†place, overall, the "Twelve Five" The prospects are good, and all valve manufacturers are willing to seize the opportunity and make great achievements.
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