How big is the gap between Chinese valves and foreign valves?

According to the scientific concept of development, in order to ensure the coordinated economic development and improve the needs of people's livelihood in the future, China will inevitably put the infrastructure construction, such as water, electricity, gas, heat and so on, on top of the list. This is precisely where the valve is used. The first is China's South-to-North Water Transfer Project. Within 70 kilometers from Beijing suburbs to urban areas alone, the amount used for valve procurement is as high as tens of millions of dollars, so the demand for valves in the whole South-to-North Water Transfer Project can be imagined. Secondly, in order to solve the problem of electricity shortage, the large-scale Shangma hydropower project is not only the top priority of the Chinese government, but also a long-term task. However, in the face of such a huge future market, how many orders can China's valve manufacturers from the food to the battle with foreign investment, how big is the gap between them? These problems, I am afraid, is the most concern of China's valve manufacturers.

First, the difference in brand influence. According to the data, many foreign valve manufacturers in various professional fields, their brand effectiveness has been significantly ahead of domestic enterprises. In the water treatment industry, including German VAG, Watts and other brands have long established a leading position in the market; in the field of electricity, Velan is the absolute leader; in the petrochemical industry, you can see the words of Fisher, Japan KTM everywhere; in high-pressure conditions, engineering. Teachers first thought of Wood and Uhde (BASF) (BASF).

Second, the gap of industrial structure. China's valve manufacturing enterprises are too small in scale and low in industrial concentration. According to the data of Watts Company, there are about 3000 valve manufacturers in China, ranking first in the world. But most of them are low-level, small-scale, family-style enterprises, annual sales revenue of less than 500 million yuan, annual sales revenue of more than 100 million yuan of enterprises only a dozen, the market share of the top 10 enterprises in the total market share of only 8% - 9%. Due to the low degree of industrial concentration, resulting in backward technology, low-cost competition, lack of influential brands and many other unfavorable factors, making such a huge Chinese valve market has not yet been a real name brand.

Third, the degree of specialization gap. As a general pipeline equipment, valve is widely used in many fields, including water conservancy and hydropower, urban pipe network, petroleum and petrochemical, sewage treatment and other industries. Due to the different working conditions, media and sealing conditions of different industries and projects, the technical requirements for the type, material and pressure grade of valve equipment are also different, which also leads to further market segmentation of valve equipment for different industries.