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Industry news

Prospects and challenges faced by the fluid equipment industry

2022-11-28 22:25:32Industry news

(1) Industry prospect

1) Declining population dividend and economic restructuring bring market opportunities

Since the reform and opening up, China's manufacturing industry has developed rapidly, built a complete, independent and complete industrial system, and established its status as a major manufacturing country. However, China's manufacturing industry is large but not strong, characterized by labor-intensive, large resource consumption, low capacity for independent innovation, and low level of informatization and intelligence. At the same time, China's population dividend has gradually subsided, and labor costs continue to rise. Therefore, in the face of the situation that the manufacturing industry is large but not strong, the population dividend disappears, and the labor cost continues to rise, through the implementation of intelligent manufacturing, the realization of machine replacement, the improvement of production efficiency and the saving of labor cost become the only way to cope with the new normal, achieve transformation and upgrading, and the transformation of old and new kinetic energy. The transformation of economic structure will provide a good market opportunity for precision fluid control equipment

2) The national industrial policy vigorously supports the intelligent manufacturing industry

In October 2010, China issued the Decision on Accelerating the Cultivation and Development of Strategic Emerging Industries, in which the high-end equipment manufacturing industry was identified as one of the leading and pillar industries to promote the development of China's national economy. Subsequently, government departments at all levels successively issued a series of guidance documents to continue to provide policy support for the intelligent manufacturing equipment industry. In 2016, the Intelligent Manufacturing Development Plan (2016-2020) jointly issued by the Ministry of Industry and Information Technology and the Ministry of Finance proposed to promote the development and implementation of intelligent manufacturing by 2025“ Two steps” Strategy: The first step is that by 2020, the development foundation and supporting capacity of intelligent manufacturing will be significantly enhanced, the key areas of traditional manufacturing industry will basically realize digital manufacturing, and the intelligent transformation of conditional and basic key industries will make significant progress; Step 2: By 2025, the intelligent manufacturing support system will be basically established, and the key industries will initially realize intelligent transformation

The 14th Five-Year Plan for China's National Economic and Social Development and the Outline of Long-term Goals for 2035 (hereinafter referred to as "the 14th Five-Year Plan") released by China in March 2021 further enhanced the national strategic position of the intelligent manufacturing equipment industry. Therefore, in order to further implement the strategy of strengthening the manufacturing industry, optimize and upgrade the manufacturing industry, reduce costs and reduce burdens, and achieve the vision of China's economic development of high-quality economic development, a series of industrial support policies will continue to provide strong policy support and clear industrial development guidance for China's precision fluid control equipment industry

3) New products emerge in endlessly to broaden application scenarios

The bonding process for downstream customers of precision fluid control equipment products is to connect the same or more homogeneous or heterogeneous materials by controlling the interface action (chemical or physical force) of the adhesive. The bonding process has the characteristics of simple structure, easy assembly, light weight, anti-buffering, etc. At the same time, through the combination of different adhesive components, it can achieve sealing insulation, thermal conductivity Environmental protection, energy conservation and other complex functions

Modern industrial products have the requirements of miniaturization, integration, and multi-material composite, and the bonding technology has become an important way to realize it. Therefore, it has developed into one of the three contemporary connecting technologies parallel to welding and mechanical connection, which can be applied in almost all industrial categories and has broad market prospects. In the future, as the bonding process continues to expand the application field and scope in the production process, the precision fluid control equipment industry will usher in major development opportunities

4) The new energy industry continues to benefit deeply in the context of carbon neutrality

In recent years, major countries and regions in the world have proposed“ Carbon peak, carbon neutralization” Concept, and successively introduced the implementation“ Carbon peak, carbon neutralization” Relevant measures and regulations. In September 2020, China proposed“ Double carbon” The goal is that China's carbon dioxide emissions will reach the peak by 2030, strive to achieve carbon neutrality by 2060, and ensure high-quality development under the conditions of low energy consumption and low carbon. Therefore, in recent years, the country has continuously issued industrial policies that are good for the new energy industry

The Guiding Opinions on Energy Work in 2021 put forward that the proportion of wind power and photovoltaic power generation to the total social electricity consumption will reach about 11% in 2021, and the proportion of wind power and photovoltaic power generation will be further accelerated. The state has also issued a series of subsidy policies to promote the construction of wind power and optoelectronics, and to help achieve the green transformation of society and the goal of double carbon

The New Energy Vehicle Industry Development Plan (2021-2035) proposes that the sales of new energy vehicles will reach about 20% of the total sales of new vehicles by 2025; In 2035, pure electric vehicles will become the mainstream of new sales vehicles. At the same time, the plan points out that we should promote the in-depth application of intelligent technology in key links such as research and development and design, production and manufacturing, warehousing and logistics, operation and management, after-sales service, etc. of new energy vehicles

The rapid development of the new energy industry will drive the development of the fluid control equipment industry, so that it will continue to benefit deeply in the context of dual carbon

5) There is a large space for domestic substitution of core parts

The traditional business model of domestic precision fluid control equipment enterprises is to purchase the core components of foreign brands such as Gurik, Nuxin, Ingersoll Rand and sell them as complete equipment to downstream customers. The added value is mainly concentrated on the scheme design and system integration based on customer needs. Because core components need many years of experience in mechanical design, material production and processing accuracy, involving fluid mechanics, theoretical mechanics, materials science, electromagnetism and other comprehensive disciplines, they have high technical barriers in theoretical design and production and processing. Therefore, the domestic proportion of core components of precision fluid control equipment is low at present. In the future, with the continuous expansion of downstream customers' production capacity and application scope, the demand for core components will continue to grow, and there will be a huge demand for domestic substitution

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