Supply and demand of pump market

Pumps are general-purpose mechanical products. China’s pump products have approximately 450 series and more than 5,000 specifications. They are widely used in agriculture and water conservancy, construction industry, petroleum industry, power industry, shipbuilding industry, mining, metallurgical industry and environmental protection industries. . In recent years, with the rapid growth of the domestic economy, the market’s demand for pump products has also grown rapidly. According to statistics from the Industrial Pump Research Institute of Zhejiang University of Technology, the sales revenue of the pump industry in China exceeded RMB 100 billion in 2009, and the industrial output value of the industry was around RMB 108 billion, with a balance between production and sales. The regional industrial output value of the industry is: 26 billion yuan in Wenling, Taizhou, 10 billion yuan in Wenzhou Yongjia, 5 billion in Hangzhou, 15 billion in Shanghai, 6 billion in Shandong, 8 billion in Shenyang, and Dalian 6 billion yuan, 5 billion yuan in Guangzhou, 3 billion yuan in Beijing Tianjin, 2.5 billion yuan in Shijiazhuang, and Changsha 25 In recent years, the pump industry has maintained a momentum of rapid growth. In 2007, the growth rate was 23.20%, but due to global finance Affected by the economic crisis, the growth rate of the industry in 2008 has dropped slightly, to 13.5%. With the rapid development of the pump industry and the fierce market competition, the growth rate of the pump industry will tend to be stable, and it is expected that the future.
The five-year industry development rate is between 13% and 17%. The industry’s development focus will shift from quantitative growth to quality improvement.