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Rapid Growth Of China's Wind Turbine Market

Wuxi JN Fan Co.,Ltd | Updated: Jan 16, 2017

Fan industry in recent years grown in scale, total domestic market growing rapidly, many powerful foreign companies began to pay attention to the Chinese market, to compete for the domestic market as the core of the war began. Compared with the international competition we face five crises, be alert.

Changes in the economic environment, increasing cost pressures

This year, the national economic growth downward impact on wind turbine industry will gradually, enterprises ' operating costs will increase. Workers ' pay raise, rise in the RMB exchange rate and domestic inflation and the country's currency policy tightening have increased the severity of the problem.

Overcapacity in low-end products, homogenization of serious

Unbalanced industrial structure. Fan products cover more than more than more than 200 series, more than 2000 varieties, but many types of products but not overlapping layout, repeating phenomenon so widespread there. Raw materials, technology, financial, marketing and other extrusion, increase the homogeneity of the product trend not obvious characteristics of products and prominent competitive advantage and development model of wind turbine companies to extend themselves, exacerbating the polarization of the fan industry development in China.

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