WENZHOU FOREVER CLASSIC TECHNOLOGY CO.,LTD
WENZHOU FOREVER CLASSIC TECHNOLOGY CO.,LTD
WENZHOU FOREVER CLASSIC TECHNOLOGY CO.,LTD
WENZHOU FOREVER CLASSIC TECHNOLOGY CO.,LTD
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Wenzhou Forever Classic(Fosic) Technology Co.,Ltd. is professional in research,developing, producing and sales of all sots of Electric Actuator, Pneumatic Actuator,Pneumatic Ball Valve,Pneumatic Butterfly Valve,contro valve,hydraulic Actuator, hydraulic Ball Valve,hydraulic Butterfly Valve and other automatic valves etc. Fosic with advanced technology,excellent quality and perfect after-sales service system,necessary facilities and advanced production process. It also has many national patents and certificates.It has many advanced CNC machines,auto welding machine, milling machines, drilling machines and other lathes. It also has many excellent inspection equipment.
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2023-08-28

The sustained and stable growth of the global economic aggregate has led to the development of downstream industries such as oil and gas, electricity, water treatment, chemical industry, and urban construction. Industrial valve industry analysis pointed out that the global industrial valve industry is developing rapidly, and the industrial valve industry has also achieved rapid development, and the global industrial valve market size increased to $123.56 billion in 2019. Industrial valve industry layout pointed out that in 2019, China's industrial valve market size was 12 billion US dollars, accounting for 19.5% of the world. According to the speed of development and investment in domestic industries, the proportion of the domestic industrial valve market in the world is steadily increasing, the global industrial valve market size of about 64 billion US dollars in 2020, China's proportion will reach 20%-21%, the domestic market size of about 12.8-13.5 billion US dollars in 2020. From the market level, most of the domestic valve enterprises are in the low-end market of the valve industry. Low-end market valve products have strong versatility, low technical content, low entry threshold, many industry enterprises, the industry as a whole shows a high level of competition, and market concentration is very low. With the increasing number of new entrants in the industry, competition will be more intense, and the profit level of the low-end valve market will also decline. From the perspective of enterprise layout, the domestic valve industry is accelerating the reshuffle, and large valve manufacturers will stand out in the future. On the one hand, small and micro enterprises with substandard operations and low core competitiveness gradually withdrew from the market, while the market share of domestic
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Mr. Vincent

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