In order to deeply interpret the development status of the explosion-proof electrical industry and judge the future trend, Zhiyan Consulting has carefully compiled and launched the "2024-2030 China Explosion-proof Electrical Appliance Industry Competition Status and Investment Prospect Trend Report" (hereinafter referred to as the "Report"). This report is not only a comprehensive and detailed combing of China's explosion-proof electrical market, but also the crystallization of Zhiyan Consulting's continuous tracking, on-site visits, in-depth research and accurate analysis over the years. It aims to help industry elites and investors grasp the pulse of the market more accurately, gain insight into industry trends, and provide strong support for future decision-making.
The report mainly studies the development of China's explosion-proof electrical appliance industry, and the market segment includes two major parts: factory explosion-proof electrical appliances and mining explosion-proof electrical appliances, involving the output value, output, demand, average market price, market concentration, market size and other subdivision data of explosion-proof electrical appliances.
The report starts from the domestic and foreign economic environment, domestic policies, development trends, etc., comprehensively analyzes the development status of the explosion-proof electrical industry, and provides corresponding suggestions and decision-making support for industry manufacturers to grasp the industrial dynamics and future innovation trends.
Explosion-proof electrical appliances refer to electrical equipment that has been designed and manufactured with special explosion-proof measures to enable them to operate safely in flammable and explosive environments. These devices do not cause the combustion or explosion of surrounding explosive gases, vapors or dust mixtures in normal operation or in a faulty state. Explosion-proof electrical appliances are widely used in petroleum, chemical, coal mine and other industries and places with explosion hazards. The explosion-proof principle of explosion-proof electrical appliances is mainly explosion-proof type, increased safety type, intrinsically safe type, positive pressure type, oil-immersed type, sand-filled type, explosion-proof electrical appliances are mainly divided into explosion-proof lamps, explosion-proof electrical appliances, explosion-proof pipe fittings, explosion-proof and anti-corrosion electrical appliances, dust explosion-proof electrical appliances, stainless steel explosion-proof electrical appliances.
With the advancement of China's industrialization process and the rapid development of petroleum, chemical, coal mining, natural gas and other industries, the demand for explosion-proof electrical appliances continues to increase. According to statistics, the demand for explosion-proof electrical appliances in mainland China has increased from 7.598 million pieces in 2017 to 13.197 million pieces in 2023, and the market size has increased from 5.12 billion yuan in 2017 to 10.11 billion yuan in 2023. With the continuous growth of market demand, the production scale of explosion-proof electrical appliances in mainland China continues to expand, and the output of explosion-proof electrical appliances in mainland China will increase from 7.805 million pieces in 2017 to 13.399 million pieces in 2023, and the output value will increase from 5.26 billion yuan in 2017 to 10.26 billion yuan. Driven by policy support, market demand and technological progress, the mainland explosion-proof electrical appliance industry has broad development prospects. With the increasing demand for safe production and intelligence, the explosion-proof electrical industry will continue to maintain stable growth.
The three main parts of the upstream, midstream and downstream of the industrial chain of the explosion-proof electrical appliance industry cooperate with each other, and the explosion-proof electrical industry chain has formed a complete ecosystem, and all links cooperate closely to jointly promote the development of the industry. The upstream of the industry chain includes the manufacture of raw materials and basic parts, and the raw materials mainly include metal materials (such as steel, aluminum, copper, etc.), non-metallic materials (such as rubber, plastics, sealing materials, etc.), electronic components (resistors, capacitors, transistors, integrated circuits, etc.); The basic parts include (cast and forged parts (various shells, brackets, etc.), standard parts (such as bolts, nuts, washers, etc.), wires and cables, etc. With the expansion of market demand, more and more enterprises have entered the explosion-proof electrical industry, and the market competition is becoming increasingly fierce. There are many small and medium-sized enterprises in the industry, and the market concentration is relatively low, but some large enterprises occupy a large market share by virtue of their technological advantages and brand effect. The downstream of the industry is mainly used in petrochemical, coal mining, natural gas industry and other hazardous environments.
The mainland explosion-proof electrical industry has made significant development in recent years, with the increase of market demand and the strengthening of policy support, the number of explosion-proof electrical enterprises has grown steadily in the past few years. Especially in some important industrial towns and economically developed areas, the number of explosion-proof electrical enterprises has increased significantly, among them, small and medium-sized enterprises occupy a considerable proportion, and the overall market concentration is low. Small and medium-sized enterprises (SMEs) have the advantage of flexibility and customization, while large enterprises have a large market share by virtue of technology, brand and scale.
The main explosion-proof electrical enterprises in mainland China are Shaanxi, Shanxi, Zhejiang, Shandong, Jiangsu, Liaoning, Henan, Xinjiang, Guangdong, Inner Mongolia, Anhui, Hebei, Heilongjiang, Shanghai and other places. With the advancement of the country's western development strategy, the explosion-proof electrical appliance market in the western region is also gradually developing. The number of explosion-proof electrical enterprises in Sichuan, Chongqing and other places has increased.
With the inclusion of explosion-proof electrical appliances in CCC compulsory product certification management, the improvement of safety production standards in downstream industries, and the popularization of intelligent production environment, most of the existing manufacturers' products will be difficult to meet downstream needs, and the market concentration of the mainland explosion-proof electrical appliances industry will continue to increase.
The research team of Zhiyan Consulting conducted an in-depth analysis on the scale, industrial structure, key enterprises, and industrial development trends of China's explosion-proof electrical industry, and put forward suggestions for the problems existing in the development of the explosion-proof electrical industry, providing reference for local governments, industrial chain related enterprises, and investment institutions.
Data Description:
1: The core data of this report has been updated to December 2023 (the relevant financial indicators of non-listed companies in the report are affected by corporate credit approval, and there may be a certain lag), and the forecast period of the report is 2024-2030.
2: In addition to the first-hand research information and data, authoritative data sources such as the National Bureau of Statistics, China Customs, industry associations, and public reports of listed companies (prospectuses, transfer prospectuses, annual reports, inquiry reports, etc.) also constitute the data sources of this report. The first-hand data comes from the first-hand information data obtained by the research team from interviews with key enterprises in the industry, and the main interview subjects include corporate executives, industry experts, technical leaders, downstream customers, distributors, agents, distributors and upstream raw material suppliers. Secondary sources mainly include relevant industry news, company annual reports, non-profit organizations, industry associations, government agencies and third-party databases from around the world.
3: The core data of the report is based on the strict data collection, screening, processing, analysis system and independent calculation model of the Zhiyan team to ensure the accuracy and reliability of statistical data.
4: The data used in this report are all from compliance channels, and the analysis logic is based on the professional understanding of the Zhiyan team, which clearly and accurately reflects the research views of analysts.
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