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Market development
Jan 05, 2017

Our air compressor industry growth are 8% per cent of the growth in the market, growth rates than in the 28% 2010-2011, the size of the market expanded rapidly. However, in such a big market, held by the foreign market for a long time in the past. According to the foresight network data, 2009, nearly 400 air compressor industry total production enterprises in China, domestic-funded enterprises near 90%, total sales of about 6 billion yuan, accounting for 40% of the industry-wide; number of foreign-funded enterprises is close to 10%, total sales of about 9 billion yuan, accounting for 60%[3].

However, domestic-funded enterprises continue to strengthen technological innovation, the industry's leading domestic enterprises such as mountain shares in technology continue to forge, and performance of our products reach the international level, gains in the dominant high-end foreign markets. With continuous improvement of product performance and the continuous upgrading of technology, the market share of domestic-funded enterprises also increased year by year. A case study of screw-type air compressor, 2009-2011, screw air compressor sales from 14,800 value added 32,800, compound annual growth rate of 48.87%, the market share increased to 19.4% from 14.1% in 2009; sales increased from 800 to 20100, market share rose from 0.8% to 11.9%, have developed very rapidly