In recent years, due to the domestic good investment environment and the deepening of infrastructure policy, China's pump and valve industry has attracted continuous growth opportunities. The development of pump and valve industry is closely related to the development of real estate, construction, industry and engineering projects“ During the 12th Five Year Plan period, the pump and valve industry will contribute to the realization of the new industrialization development road and develop in the direction of resource-saving and environment-friendly society.

Although the current national support policies have been greatly improved, the market demand is also increasing, and the pump and valve industry is also striving for perfection due to the fierce competition in the industry, many interference factors show that the development prospect of the pump and valve industry is not optimistic.

According to incomplete statistics, the annual output value of pump products in China is more than 40 billion yuan, 20% - 25% of the national power generation is consumed in pump products, and there are more than 6000 pump & valve manufacturers in China.

The basic situation of the valve industry in the market, after years of development, the valve industry manufacturers increased rapidly, the valve production level has been greatly improved, the valve output has increased significantly. The main products of the valve can basically meet the needs of the domestic market, and the complete set rate, level and capacity of the valve market have been greatly improved. With the expansion of China's current energy market, the demand for valves in petroleum, chemical industry, electric power, especially nuclear power, has increased sharply.

Only by effectively and clearly understanding the current situation of the industry, continuously strengthening the optimization of their own products, strengthening the sense of crisis, and strengthening the corporate culture and market service concept, can pump valve enterprises survive and develop in the increasingly fierce competition of pump valve industry.

With the encouragement and support of national policies, Shanghai, Fujian and Zhejiang are making great efforts to promote the transformation and upgrading of pump and valve manufacturing industry. The investment prospect of China's valve industry is very broad. The trend of pump valve industry replacing import is obvious in the future. From the past industry experience, the low-end field of China's valve industry has basically realized localization, and domestic enterprises in the high-end field are gradually replacing imports with comparative advantages in cost, channel and service, and are expected to go abroad to join the international market competition.

Now society is an era of information explosion. It is inevitable for enterprises to meet competitors in products. Competition in the industry is a good thing for some enterprises. Because of competition, enterprises improve the quality of products and services, and consumers get better or more consumption and services with less money. The market is a "sieve". While the industry is developing and progressing, the market is also in the process of survival of the fittest. China has become the world's manufacturing factory, but also the pump and valve manufacturing power, in the new century, China's pump and valve industry has made rapid development, but also facing fierce competition and severe challenges.

Development is beautiful and cruel, the industry in the development and progress, but also through the survival of the fittest to determine the fate of each enterprise. In the fierce competition environment of the pump and valve industry market, the domestic pump and valve related technologies can be improved, but there are still many interference factors.

In terms of specific investment targets, valve industry should focus on safety margin and some emerging high-end manufacturing fields with high growth potential. Only enterprises with differentiated competitive advantages in cost, technology, sales channels and services can occupy a dominant position in the fierce market competition in the future. For some competitive large enterprises, through competition, the scale of enterprises becomes larger and larger, and the popularity becomes higher and higher. But for some small and medium-sized enterprises that are not competitive, they may face the risk of merger or bankruptcy. In the increasingly fierce valve market, only companies with core competitiveness can have a foothold in the market, and innovation has become a sharp weapon for enterprises to win the market.

In recent years, energy conservation has become the principle and goal of industrial development. "Energy conservation, emission reduction and energy consumption reduction are not only the performance of enterprises' social responsibility, but also the needs of their own development. Saving resources means reducing costs and increasing profits. Enterprises should make clear their dominant position in energy conservation and emission reduction, and set an example in improving the environment. As the main support body of energy conservation and environmental protection industry, pump and valve industry must be ahead of energy conservation and environmental protection industry.