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Downstream industries of mechanical equipment seize substitution opportunities.
Release date:
2024-10-28
According to a research report by Donghai Securities, as reported by EveryEconomy AI News: 1) The domestic market competition landscape shows that domestic brands are gaining market share, with leading companies taking the lead, yet there is still considerable room for further improvement. 2) It is advisable to focus on downstream industries and seize opportunities for substitution. In project-based markets, industries with stronger monopolistic characteristics often have higher barriers to entry; in contrast, niche markets or downstream industries in their growth phase tend to be relatively more favorable toward domestic automation brands. 3) R&D should be customer-oriented and aimed at building a customized solutions system. To provide tailored product solutions, it is essential to have a thorough understanding of key production processes and equipment characteristics in downstream industries.
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Hotline:
Zhangqiu Daxing Precision Machinery Co., Ltd.
Consultation phone: 13805411616
Email: jndaxing@163.com
Address: No. 25199, Zero Nine Road, Zhangqiu District, Jinan City, Shandong Province