The continuous improvement of the production technology in the centrifugal pump industry and the continuous expansion of downstream demand markets are very promising in the domestic and international markets. At present, China's centrifugal pump industry is facing a huge opportunity for development, must comply with the trend of the times and strengthen technological innovation.
It is reported that after entering 2010, China's centrifugal pump industry is facing a new development situation, due to the continuous increase in new entry companies, upstream raw material prices continue to rise, leading to lower profits in the industry, so China's centrifugal pump industry market competition is becoming increasingly fierce. Faced with this situation, companies in the centrifugal pump industry must actively respond to it, focus on cultivating innovation capabilities, continuously improve their own production technology, and strengthen their competitive advantage.
Some experts predict that by 2020, China's future centrifugal pump import market share will reach an astonishing 5 billion US dollars, exceeding the US's 4.9 billion US dollars to become the world's largest importer of centrifugal pumps.
The development of centrifugal pump industry needs to accurately grasp the market situation
By 2013, China will have twice the capacity of the United States to produce electricity from coal, and its coal-fired power generation capacity will far exceed that of the EU. The energy industry will undoubtedly also allow China to import more centrifugal pump products. The year of 2013 is a year worth looking forward to. The Chinese economy develops in maintaining stability, grows in development, and takes off in growth.
Therefore, companies in the centrifugal pump industry should fully grasp the market's operating status, continue to learn the industry's latest production technology, understand the direction of the industry's national policies and regulations, and master the development trends of competitors in the same industry. Only in this way can companies fully understand this trend. The development of the industry and its position in the industry, and the development of the correct development strategy so that companies in the brutal competition in the market to obtain a leading edge.
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