An overview of the development of China's air compressor industry
According to the statistics of China's Machine Economy Network. In recent years, China's gas compressor production has been growing year by year, and the cumulative output of China's gas compressors in 2018 was 405,908,800 units, an increase of 4.30% year on year; in 2018, enterprises above the scale of the air compressor industry realized a sales revenue of 53.601 billion yuan, an increase of 2.53% year on year, and the market demand mainly came from the old customers' capacity expansion to increase equipment, accounting for 60.1%.
Air compressor production overall to maintain the upward trend
Gas compression machinery manufacturing refers to the compression of gases, so that the pressure is increased to more than 340kPa compression machinery manufacturing, most of the products are air compressors. Air compressor (Air
Compressor) is the main body of the gas source device, it is the prime mover (usually electric motor) mechanical energy into gas pressure energy device, is the compressed air air pressure generator.
According to the statistics of China Machine Economy Network, in recent years, China's gas compressor production has been growing year by year, in addition to a year-on-year decline of 3.33% in 2015.The cumulative output of China's gas compressors in 2018 was 405,908,800 units, an increase of 4.30% year on year; in the first half of 2019, China's cumulative production of gas compressors was 242,994,500 units, a year-on-year increase of 11.52%.
In 2018, the market demand for air compressors mainly came from the expansion of the production capacity of old customers to increase equipment
According to the National Bureau of Statistics of the National Economy Industry Classification and Codes (GB/T4754-2017), China's air compression machinery manufacturing is categorized under the "General Equipment Manufacturing Industry (GB/T4754-2017)", "General Equipment Manufacturing Industry (C34)", and "General Equipment Manufacturing Industry (C34)" under the "General Equipment Manufacturing Industry (C34)", and "Air Compression Machinery Manufacturing". "Under the "Manufacture of Pumps, Valves, Compressors and Similar Machinery (C344)", the statistical level 4 code for "Gas Compression Machinery Manufacturing" is C3442.
2012-
China's air compressor industry is now in its fourth year of operation. In 2018, the market scale of China's air compressor industry showed a year-on-year increase.In 2016, the sales revenue was 49.165 billion yuan, a year-on-year increase of 6.27%.
In 2018, enterprises above the scale of the air compressor industry realized a sales revenue of 53.601 billion yuan, a year-on-year increase of 2.53%.
Chinacompressor.com research shows that in 2018, the demand for the compressor market mainly comes from the old customer capacity expansion to increase equipment, accounting for 60.1%; followed by skill energy-saving transformation and replacement, accounting for 52.3%; followed by the new customer new equipment and the new demand for new industries.
China's air compressor import and export situation analysis
According to customs data, in 2018, China's air compressor industry import and export totaled 3.967 billion U.S. dollars, of which exports were 2.683 billion U.S. dollars, an increase of 14.63% year-on-year, imports 1.284 billion U.S. dollars, an increase of 37.04% year-on-year; to achieve a trade surplus of 1.399 billion U.S. dollars. decreased by 0.31% year-on-year.
In 2019 (1-6), China's air compressor industry, the main imports of products for the "air and other gas compressors", the proportion of the import amount of 52.18%; followed by "engine supercharger", the import amount of 26.55%. The proportion of import amount is 26.55%.
In January-June 2019, the main export products of China's air compressor industry are "air and other gas compressors", the proportion of export value is 46.57%; followed by "other air pumps, gas compressors, ventilation hoods, circulating gas hoods
Screw compressors and other gas compressors", the proportion of export value is 33.54%.
Screw compressor localization process accelerated, sales can be expected
According to industry online statistics, 2012-2018, China's screw air compressor sales to maintain the range fluctuations, the minimum value of 479,000 units in 2016, the maximum value of 532,000 units in 2014. 2018 China's screw air compressor sales of 523,000 units, a year-on-year decline of 0.57%. A year-on-year decline of 0.57%.
At this stage, with the continuous improvement of domestic product performance, the intention of domestic manufacturers to purchase domestic screw hosts has been basically formed, which has brought huge market demand and development space for domestic screw host enterprises. Take oil-free screw air compressor as an example, from the domestic sales of oil-free screw air compressor, the CR4 in 2012 was 84%, indicating that at that time the oil-free compressor belonged to a highly concentrated state, in which Atlas Copco had the largest market share, amounting to 38%, followed by Hitachi, Shenyang Steel, and Fusheng, which were 17%, 15%, and 14%, respectively. And in 2018, only in Shanghai compressor exhibition site to display oil-free water lubrication twin-screw air compressor more than 10 companies, which is dominated by domestic private enterprises.
Screw air compressor has energy saving, high efficiency, high reliability, low noise and other obvious advantages, better adapted to the future development needs of the compressor market, its market demand will be far greater than the growth rate of the traditional compressor, and even in many areas began to gradually replace the traditional compressor. Especially in the "low-carbon environmental protection" under the development trend of energy saving, domestic mining, metallurgy, electric power, electronics, machinery manufacturing, pharmaceuticals, food, textiles, light industry, as well as the rapid development of petrochemical and other industries, but also to accelerate the elimination of outdated processes, high-energy-consuming equipment, compressor equipment from low value-added value added to the upgrading of high value-added, which brings further growth opportunities for the screw Compressor industry to bring further development opportunities.
Future demand for the industry as a whole, or slow down, downstream energy-saving transformation and the "Belt and Road" initiative has become a new opportunity
Environmental protection situation is becoming more stringent, the downstream supply-side reform of the air compressor continues to compressor sales growth is the main factor in the energy-saving model replacement. From a broad perspective, the compressor energy-saving transformation contains a particularly wide range: compressor gas source replacement of energy-saving compressor, gas transmission pipeline and end optimization of energy saving, compressor waste heat utilization energy saving and compressor attached to the dryer energy saving and so on the four major aspects, and each of which contains more different types of energy-saving transformation, such as the optimization of energy saving of the gas transmission pipeline and the end is divided into: insufficient capacity of the storage tank, the pipeline right-angled elbows, Pipeline direction is poor, the end of insufficient energy storage (a, continuous gas link; b, small-scale pulse gas link; c, large-scale pulse gas link; d, open-port gas link), split-pressure gas supply and system components replacement and leak detection, etc..
The Prospective Industry Research Institute conservatively estimates that in 2019-2024, China's air compressor market size to maintain a growth rate of about 3%, the growth rate is slowing down, the demand is mainly from energy-saving renovation, and the market size will reach 64 billion yuan in 2024.
According to the research of China Compressor Network, for the market outlook of the air compressor industry, 26.3% of the surveyed objects held a positive and optimistic attitude, 29.8% of the surveyed objects held a cautiously optimistic attitude, and 24.2% of the surveyed objects held an unpopular attitude. Overall, the industry is mainly positive about future market demand/sales prospects, with less than 20% pessimistic.
According to China Compressor Network research, the distribution of the influence of major events in the compressor industry in 2018, the industry's attention to itself is still higher than the external environment. Foresight believes that the "Belt and Road" initiative brings new opportunities for the industry, effectively alleviating the negative impact of the intensification of trade friction between China and the United States.
"One Belt, One Road" involves the construction of a large number of facilities, will have a direct pull on the compressor industry. Such as Southeast Asia's railroads, highways, ports, power grids, oil and gas pipelines and other construction projects; Central Asia's Central Asia in the Jiwu Railway, the second phase of the highway in the Tower and the Central Asian Gas Pipeline C line, D line; Northeast Asia's China-Russia East, West natural gas pipeline; South Asia's China-Pakistan Highway, nuclear power plants, industrial parks, etc., there is a large number of compressor product demand. For China's compressor industry, and actively to Southeast Asia, Central Asia and Northeast Asia in the direction of advancing, is conducive to breaking the current downturn in the industry.
In short, in 2019, the compressor market demand or will continue to slow down, the degree of competition will become increasingly fierce, so in the case of increasingly fine means of competition, manufacturers and distribution agents should start from their own, adjusting the structure, make up for the shortcomings of the development focus on the construction of human resources, technical research and development capabilities to cultivate, product quality enhancement and value-added service enhancement, etc., so that "Conventional areas to protect the share, segmented areas of innovation", so as to achieve steady progress and healthy development.
--The above data and analysis are from Foresight Industry Research Institute released China Air Compressor Manufacturing Industry Production and Sales Demand Forecast and Transformation and Upgrading Analysis Report.