China hydraulic components industry started in the 1950‘s, was initially used to grinding, broaching and other machine tool industry, and later gradually extended to engineering machinery, agricultural machinery ,hydraulic machinery and other mobile machinery fields. As the national economy and the rapid development of equipment manufacturing industry, China’s hydraulic components industry has become a production system with specialized, relatively complete product to meet the basic needs of upstream and downstream industries supporting industries.
After a long development and improvement, including hydraulic technology has developed into drive, control and testing, including a complete automation technology. Application of hydraulic technology has become the measure of a country’s level of industrial development an important symbol. Developed countries, 90% of CNC machining centers, more than 95% of automated production lines and 95 percent of construction machinery have adopted the hydraulic technology, and as technology continues to hydraulic pressure, high flow, integrated development, the scope of its application will continue been extended.
Hydraulic industry despite a late start, but in China’s sustained rapid growth and transformation and upgrading of the equipment manufacturing industry, driven by demand, the hydraulic technology in industrial applications in various fields have continued to expand. According to China’s hydraulic products for various downstream industries Twelfth Five-Year Development and market demand forecast, as the country is expected to adjust the industrial institutions, changing the growth mode policy forward, the hydraulic equipment industry demand for products will increase each year,.
1.Industrial hydraulic products, such as machine tools, metallurgical machinery, mining machinery, plastic machinery, hydraulic machinery ,hydraulic cutting machine,petroleum machinery, chemical machinery, shipbuilding industry and other ancillary products for hydraulic demand will continue to maintain a steady growth;
2. Represented in engineering machinery such as excavators, loaders, bulldozers, concrete pump, rotary drilling machine, crawler (wheeled) cranes, road rollers and other hydraulic products for high-end demand growth will further accelerate;
3. hydraulic parts in the country and improve the level of product technology development trend, the market share of domestic hydraulic components will gradually increase.
According to the hydraulic industry 12th Five-Year Plan, during the second five, China’s industrial output hydraulic components industry from 2010 to 35.113 billion yuan to 75 billion yuan in 2015. Accordingly, estimates that during the second five of hydraulic components industry compound growth rate of 16.39%, continue to maintain a high level of growth.
