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Chinese Hydraulic Market in 2020!

Views: 200     Author: Site Editor     Publish Time: 2021-09-25      Origin: Site

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Chinese Hydraulic Market in 2020!

Companies are generally small

 

Steel, hydraulic oil and plastic are important raw and auxiliary materials in the production of hydraulic and pneumatic machinery and components. The fluctuation of steel price will cause the cost change of hydraulic and pneumatic power machinery and components manufacturer. Hydraulic oil is the hydraulic medium used in the hydrostatic drive system which uses liquid pressure energy. It plays the roles of energy transfer, system lubrication, corrosion prevention, rust prevention and cooling in the hydraulic power transmission system. Power machinery and components of hydraulic mechanical transmission are the supporting products of construction engineering machinery, engineering vehicles, mining machinery, agricultural machinery, plastic machinery, metallurgical machinery, aviation and marine industries, etc., so their performance must hit the needs of these industries.

 

85.hydraulic ball valve


Due to the short time of development and low industrial concentration of China's hydraulic industry, most of the enterprises are small in scale and lack of independent innovation ability. The development of high-end hydraulic parts such as hydraulic pump, hydraulic pump adapter, hydraulic motor and hydraulic ball valve seriously lags behind the downstream equipment manufacturing industry. At present, the world's high-end hydraulic parts are almost monopolized by a few hydraulic manufacturers such as Bosch Rexroth and Kawasaki Heavy Industries, among which Bosch Rexroth and Kawasaki Heavy Industries occupy a considerable market share in China. Only a very few hydraulic parts manufacturers in China have made technological breakthroughs and achieved mass production of high-end hydraulic parts such as china hydraulic rubber hoses and hydraulic pipe fittings, breaking the monopoly of enterprises in other countries in the Chinese market. But at present, Chinese enterprises are generally small in scale, and there is still a certain gap between them and those of other countries.

 

85.hydraulic pump adapter

The revenue is rising

 

China's hydraulic, pneumatic power machinery and components manufacturing industry listed enterprises mainly include Jiangsu Hengli Hydraulic Co., LTD., Yantai Eddy Precision Machinery Co., LTD., And China Aviation Heavy Machinery Co., LTD. In 2019, the operating revenue of Hengli Hydraulic was RMB 5.414 billion, the operating revenue of Eddy Precision was RMB 1.442 billion and the operating revenue of AVIC Heavy Machinery was RMB 5.985 billion. The revenue of all three companies increased compared with 2018, while the operating revenue of Heduan Intelligent was 695 million yuan, down from 2018.

 

In terms of profitability, the profitability of Hengli Hydraulic and Eddy Precision is relatively high. In 2019, the gross profit rate of Addie Precision is 42.83%, that of Hengli Hydraulic is 37.77%, that of Heduan Intelligent is 36.93%, and that of AVIC Heavy is 26.16%.

 

 

Jazzy is a company specializing in the R&D, design, and development of non-standard machinery with hydraulic hose fitting and hydraulic rubber hose, based on high-performance pneumatic and hydraulic transmission system. We are also committed to be one of the best hydraulic components manufacturing industries.