In the next few years, the annual output value of the global agricultural water pump industry will reach more than 12% and grow rapidly
by:J&T
2021-02-20
China is a country with a long history of agriculture, and agriculture occupies an important position in the entire national economy. Since the founding of the People’s Republic of China in 1949, especially since the reform and opening up in the 1980s, China’s agriculture has developed rapidly. Now the country has paid more and more attention to agriculture, food prices have continued to rise, and climate issues have caused annual droughts and floods. Many factors have triggered As a result, the global demand for agricultural water pumps continues to rise. At present, most of the agricultural water pumps on the market are centrifugal pumps. After the agricultural water pump products formally enter the national agricultural machinery subsidy catalogue, with the implementation in various provinces, municipalities and autonomous regions across the country, the agricultural water pump industry will enter a period of rapid growth of more than 12% of annual output value in the next few years. As a sub-industry of the pump industry, agricultural water pumps account for 14% of the pump industry’s sales revenue. By 2015, the global agricultural water water pump market will exceed US$6 billion. During the 'Twelfth Five-Year Plan' period, my country's pump and vacuum equipment manufacturing industry will maintain a market growth rate of about 20%. By 2015, the sales scale will be about 158.7 billion yuan. In supporting the investment in urban sewage treatment equipment, pumps account for about 15% of the total investment in mechanical equipment. According to this ratio, during the 'Twelfth Five-Year Plan' period, the demand for pumps in the urban sewage treatment field will be around 60 billion yuan. In the next three years, there will be nearly 40 billion market (valve market analysis) demand, which will benefit the centrifugal pump industry. According to the data of '2013-2017 China Centrifugal Manufacturing Industry Production and Sales Demand Forecast and Transformation and Upgrade Analysis ReportIn 2011, the industry’s sales revenue was 76.534 billion yuan, an increase of 29.93% over the same period of the previous year. The industry is in good condition. In recent years, global food prices have continued to rise. It is expected that global farmland irrigation investment may increase substantially in the next three to five years, driving global demand for agricultural water pumps. Since the 21st century, global agricultural prices, stripped of inflation, have increased by nearly 100%. In 2011, global food prices hit a new high since the 1990s. This continued high food price situation is expected to promote a process similar to the large-scale farmland irrigation investment in the 1970s, driving the global demand for agricultural water pumps. On the other hand, the self-sufficiency rate of agricultural water water pump households will increase. As water resources are an important factor of agricultural production, there is an urgent need for convenient and rapid drainage and irrigation power to ensure the cultivation of crops during drainage, irrigation, flooding and drought periods. At present, the collective ownership or leasing system of agricultural machinery appears to be slow to respond during peak periods of drainage and irrigation, or during periods of drought and floods, and resource allocation is not fast and timely. As agricultural water pumps are relatively inexpensive and have good convenience, flexibility and reliability, farmers will be more inclined to bring their own pumps. With the increase of farmers' income, the demand for agricultural water pumps will continue to increase. We compared the ownership of agricultural water pumps by 100 rural households and the annual income of rural households in various provinces and cities across the country in 2011. In general, the higher the income of rural residents, the higher the number of agricultural water pumps. With the continuous growth of my country's economy, the demand for water pumps in agriculture continues to increase, and the sales of agricultural water pumps are also increasing. The demand for centrifugal pumps in the petrochemical and power industries is also rising. The market prospects for centrifugal pumps are also very broad. Water pump factory, water pump factoryu003c/pu003e
J&T INDUSTRY CO.,LTD. has an array of branches in domestic for munufacturing submersible pump.
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J&T INDUSTRY CO.,LTD.'s core technology of submersible pump enables us to understand and utilize in a right way.
Data has always been important in business, of course. But with the arrival of digital data—its volume, depth, and accessibility—it has become clear it is key to helping J&T INDUSTRY CO.,LTD. develop sustainable competitive advantage.
J&T INDUSTRY CO.,LTD. has an array of branches in domestic for munufacturing submersible pump.
For more information please see our site at J&T INDUSTRY. Don't be hesitate to contact us!
J&T INDUSTRY CO.,LTD.'s core technology of submersible pump enables us to understand and utilize in a right way.
Data has always been important in business, of course. But with the arrival of digital data—its volume, depth, and accessibility—it has become clear it is key to helping J&T INDUSTRY CO.,LTD. develop sustainable competitive advantage.