In recent years, the market size of China's pump industry has maintained a steady growth trend, the annual growth rate is maintained at around 13%, and the latter will have a larger growth space.
   
     Although the development of the pump has made great progress, but there are still many problems, mainly because the market disorder; the product structure is not complete, low-end products for the market demand is greater than ever; relatively low levels of enterprise technology, independent research and development of independent innovation ability is not strong. These problems have hindered the healthy development of the pump market in China to a certain extent. As more and more multinational pump manufacturing enterprises enter China, the internationalization of pump market competition is deepening day by day. Domestic pump enterprises will face more and more challenges in technology, management and other aspects. From the development process of pump industry in developed countries such as the United States and Germany, it is necessary for China's pump market to experience an integration led by foreign capital (joint venture) enterprises. This round of integration will eliminate part of the lack of technical ability and market competitiveness of small and medium enterprises. This will undoubtedly help to improve the concentration of China's pump market, and adjust the market order. This will also make China's pump market more dynamic, and actively participate in the global pump market competition.