With the strong development of the domestic real economy and traditional manufacturing industry, valves and related products have made considerable progress as indispensable basic parts in the manufacturing chain. Valve manufacturers have sprung up on the market like bamboo shoots after a rain, injecting infinite vitality into China's manufacturing industry, and their contribution to the national economy is even more obvious to all. However, with the promotion of automatic production and intelligent development, among many valve products, the air volume control valve (hereinafter referred to as the air valve) has a large market development space.
In recent years, China's valve manufacturing industry has developed rapidly, benefiting from industrial development and urban construction. Especially since 2008, China has driven the steady growth of China's economy and the rapid development of China's manufacturing industry through a package plan to promote economic growth. Affected by the epidemic situation in 2020, the demand of the valve market will also decrease, but under such circumstances, the valve market can still maintain a slow growth trend and continue to grow.
According to incomplete data statistics, by 2021, the size of China's industrial valve market was US $38.828 billion, with a year-on-year increase of 5.5%. The average annual compound growth rate in 2017-2021 was 5.4%, with a steady growth rate, which was far higher than the 3.9% average annual compound growth rate in the global market.
At present, the downstream cities of valves are mainly concentrated in energy and chemical industry. According to the overall market pattern of valves, the high-end market of valves is still dominated by valve enterprises in developed countries such as North America and the European Community. Looking at China, Japan and other Southeast Asian countries, the export trade is continuously expanding. The valve market will also break its own technical barriers and realize its own value in the import and export trade. In addition, with the arrival of industrialization, the large users of valves in various industries, departments, urban construction and other industries will be further supported by the national policy of accelerating the revitalization of the equipment manufacturing industry.
Among them, thanks to the strong publicity and popularization of fire safety in China, more and more civil construction groups, entrepreneurs and ordinary people have also begun to attach great importance to production and life safety issues. Since then, the market demand for fire ventilation valve-air valve actuators has increased greatly. It is understood that some domestic manufacturers have conducted special research in the field of pipeline valves. Among them, Shenzhen Zhaowei Electromechanical Co., Ltd., an enterprise that has been deeply engaged in the drive field for more than 20 years, has developed the air valve actuator solution in cooperation with the ventilation pipe manufacturers and valve manufacturers, helping the valve manufacturers to move towards high-end manufacturing, and also providing strong support for China's industrial development.
Up to now, the domestic valve market is still in the developmental stage and has a great development space. Domestic valves from the low-end market to the high-end need to break the technical barriers to stand out from many valve manufacturers. It is believed that in the near future, China's valve market will also shift to the ranks of high-end customization, accelerate its entry into the valve industry market, and strive to counter attack as soon as possible to become the leader in the industry. It is believed that under the strong policy impetus, the damper actuator will take the road of counterattack in the valve market.
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