According to data from the National Bureau of Statistics, there are 7889 large-scale enterprises in the general machinery industry, with a total asset value of 1219.964 billion yuan as of the end of 2023, a year-on-year increase of 8.19%. By 2023, the operating revenue will reach 1.021722 trillion yuan, a year-on-year increase of 4.28%; The total profit reached 83.573 billion yuan, a year-on-year increase of 10.45%.
Against the backdrop of a global economic downturn, the general machinery industry has achieved dual growth in revenue and profit, especially with a profit growth rate exceeding 10%. This is a very impressive data. Pumps, fans, compressors, valves, gas separation equipment, drying equipment, vacuum equipment What kind of charm does this market possess and have delivered impressive results?
We believe that the water treatment market, which is still in the expansion period, continues to release positive news to the general machinery market, especially in terms of pump and valve demand.
Leaning against a big tree for shade - leaning against water to drink
The improvement of water environment often faces repeated problems, and China's focus varies slightly at different stages. The overall direction has shifted from end of pipe treatment to integrated prevention and control, and the focus of work has shifted to comprehensive management and restoration of water ecological environment, committed to reshaping the water ecological pattern. After achieving phased results in the treatment of domestic and industrial wastewater, the wave of upgrading and renovation continues, and large-scale expansion and expansion have brought new market demand.
In addition, against the backdrop of slowing demand growth for sewage treatment, the market has not stagnated, but has shifted towards more segmented or higher standardized demands, such as reclaimed water reuse (recycled water resources), sludge disposal, watershed management, smart water management, etc. This is the widely recognized future direction in the industry, supporting this trillion dollar market to go further.
Of course, for standard equipment in the industrial manufacturing field such as pumps and valves, the rise of all categories of markets means a new round of expansion opportunities. Water treatment is one of the main markets for pump and valve equipment, and the expansion of segmented tracks must also bring pumps and valves wherever they go. The chain reaction caused by market expansion has begun to emerge.
If you pay a little attention, you will find that the pace of development in the pump valve market has accelerated. For a long time, the agglomeration effect of China's pump and valve industry has been very obvious, and the development and growth of pump and valve bases have become a powerful driving force and backing to promote timely innovation and change in the industry. According to the latest news, the largest industrial cluster in Southwest China took shape at the end of February - the "Chongqing Pump, Valve, Instrument and Meter Industry Base" in Shizhu County set sail.
To fill the regional gap, radiate the national territory, and face the world market, the 400 billion yuan pump and valve manufacturing equipment industry chain in China is still deepening its layout, seeking breakthroughs and improvements in various aspects such as technological innovation and brand building. The most important thing is undoubtedly the green, low-carbon, and intelligent transformation.
Interconnected intelligent travel to the next level - upgrading and overcoming challenges
The China General Machinery Industry Association believes that there are three characteristics of industry economic operation in 2023, namely technological innovation, energy conservation and low-carbon, and digital transformation. The energy-saving and low-carbon aspects of pump and valve products are emphasized from the design end, and the production end is further aligned with green standards through intelligent and automated upgrades.
After more than 20 years of baptism, the problem of overcapacity in the mid to low end of China's pump and valve industry is still prominent due to the low entry threshold. There are many bottlenecks, and the strengthening of core competitiveness is urgent. Therefore, the high-end intelligent manufacturing field represented by energy conservation and low-carbon has become an important transformation direction for the pump and valve industry, while cooperating with various projects to upgrade carbon emissions standards.
For example, for pumps, China's market size accounts for half of the world's total, and the annual electricity consumption of pump products reaches about 20%. Therefore, there is an urgent need to focus on energy conservation and consumption reduction. For example, valves account for nearly half of the demand in industries such as petroleum, energy, and refining, all of which are high emission industries. Therefore, the global trend of valve transformation is not surprising. Intelligence goes without saying that only by connecting and leading future technologies can we answer the questions of high-quality and sustainable development in the era.
It is reported that the first intelligent technology transformation line for pumps and valves in China has officially landed in October 2023, equipped with 3D visual positioning, intelligent robots, pressure sensing adaptive systems, torque and torque adaptive systems, etc. The intelligent and digital future of pumps and valves is coming in a high-profile manner.
Super Welfare Get - Pumps, Pipes, and Valves Don't Divide Home
The pump and valve market is undergoing a magnificent transformation, and its supporting point is not only water treatment, but also the "popular" pipeline construction has become a super driving force for accelerating the transformation of the pump and valve industry.
In the past two years, the "business economy" of the pipeline network can definitely be regarded as widespread and popular throughout the country. The nationwide wave of underground pipe gallery construction and renovation, which takes the construction of sponge cities as an opportunity, is "covering the ground" even if it does not overturn the sky. The huge amount of engineering directly drives its market size to trillions, and this track is also closely related to the pump and valve industry.
The renovation of the water supply network, centered around the core content of leakage rate, will inevitably update or upgrade related equipment and facilities in order to build a water-saving society. The renovation and expansion of drainage networks, with a focus on strengthening urban flood control and drainage capabilities, is committed to filling the gaps in sewage networks, usually combined with rainwater and sewage diversion renovation, and the demand for supporting equipment and facilities must also keep up. The expansion and renovation of heating and gas pipelines is not only about replacing old ones, but also about reducing energy consumption. Environmentally friendly equipment is certainly the best choice.
According to relevant institutions' calculations, the market space for pipeline network renovation alone is expected to exceed 200 billion yuan by 2024, benefiting all enterprises in the entire industry chain. In the long run, the task of renovating pipeline networks of over 100000 kilometers per year is ahead. Institutions predict that the investment scale of pipelines during the 14th Five Year Plan period may exceed 1.4 trillion yuan. So in the current era where pumps, pipes, and valves are not separated, it's not just a fast lane, it's a fast lane.
The butterfly effect has arrived, will the industry continue to thrive?
