The innovation of Zhoushi electric ball valve technology can reduce the cost of products. Analysis of electric ball valve The domestic pipe fitting market competition leads to more and more quality differences. It is understood that at present, there are about 3000 valve manufacturers in China. However, most of them are low-level, small-scale, family workshop enterprises. There are less than 500 enterprises with annual sales revenue of 5 million yuan, only a dozen enterprises with annual sales revenue of more than 100 million yuan, and the market share of the top 10 enterprises is only 8%~9%. Due to the low concentration of industries, there are many unfavorable factors such as backward technology, low price competition, and lack of influential brands. So far, there is no real brand name in such a huge Chinese pipe pump valve market. From the perspective of those large machinery manufacturing enterprises at home and abroad, it is believed that many people can find a common feature. They all have their own independent technology research and development departments. With independent technology, they can develop and produce new products, occupy the market and achieve income generation. Technological innovation is the core content of enterprise innovation activities, which provides necessary support and guarantee for the implementation of organizations and process management. More and more companies have realized its importance.
For example, the annual R&D investment of the world's largest multinational enterprises is up to billions of dollars, which is mainly used to support their own strong R&D institutions and teams' innovation practices, so that enterprises can maintain strong innovation vitality and become winners in the international market competition. In recent years, some large domestic enterprises such as Dongzheng and Omi have also increased their investment in technology research and development. In the competition of enterprises, cost and product differentiation have always been the core factors. Technological innovation can reduce the cost of products. Similarly, the new production mode will also help enterprises with product differentiation. If enterprises can make full use of their innovation energy, they will be able to defeat rivals in the market and occupy an advantageous position. Of course, technological innovation itself has high investment and high risk, so in the process of technological innovation, we must establish a good market environment and policy conditions to fully stimulate the internal motivation of enterprise innovation and create maximum value for enterprises.
Throughout today's sanitary pump valve and pipe fitting industry, the competition is growing, and the product homogenization is also becoming more and more serious. Only by taking the route of technological innovation and product differentiation can we shape our core competitiveness to break through. Therefore, enterprises should always grasp the initiative of innovation, grasp market opportunities and technological opportunities, make innovation decisions that are suitable for the company, and constantly improve the level of innovation. As the main body of technological innovation, enterprises should take the road of innovation that is suitable for their own development, so that enterprises can always maintain a thriving vitality and constantly achieve new development.