Thursday, January 24, 2013

China Gas Stove Parts Industry Development Status

Chinese Gas Stove Parts Industry Becomes Matured

China gas stove parts and machine industry segments are completed probably in the 90s of the last century. And this is marked by the emergence of key components and panel specialist manufacturers such as such as controller (plug valves assembly), burner and the pulse ignition. And then after the development of the first 10 years of this century, gas electric oven parts industry spent the formative years, and started towards the threshold of maturity, and formed the two distinctive industry clusters of the Pearl River Delta and Yangtze River Delta.

Universal Use of Chinese Middle & Low End Gas Stove

Currently, most parts of China has initially completed the universal use of middle and low end built in gas oven product, but the high, medium and low-end products market differences in the regional distribution of sales volume differences are also very obvious. As the parts industry is in a subordinate position, by the pattern of the whole industry is very large, but also by the upstream industries such as suppliers of raw materials and hardware processing extrusion, belongs to survive in the cracks of the state. And in the industry is quite a mixed bag, the number of enterprises certified by qualified suppliers is much smaller than the number of general practitioners. But the future opportunities belong to enterprises that can grasp the trend and initiative ability and strategic layout.

Maturity Features of Gas Stove Parts Industry

According to the several major industrial economics of the industry life cycle and criteria for the classification of the auxiliary, our gas stove parts industry maturity has the following main characteristics: the industrial added value growth rate began to decline rapidly but also at the higher level. Industry life cycle curve is generally depicted in accordance with the growth rate of industrial added value, time-series data, and the gas stove parts industry market sales increases and the total value of the growth rate has begun to decline in recent years, but is about 20% higher than high level. This highest level of the period before and after 2000, had reached more than 40%, several main parts of the leading enterprises in the past decade the growth process are close to the track. This is due to the entire size of the market becomes large that base of basic blanking of market gap is to be filled, and the reduction of first buying behavior.

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