Chinese screw air compressor parts prices fall but demand increases

Chinese screw air compressor parts prices fall but demand increases

In the early stage of China's screw air compressor market, the price of spare parts remained at a relatively high level. The subjective factors of the screw air compressor manufacturer and the objective conditions of the market are the two reasons for this phenomenon.

　　 From an objective point of view, the fierce competition in China's screw air compressor spare parts market at that time could not be compared with the current situation. It is more difficult for air compressor users to purchase spare parts with the same quality outside their main engine manufacturers or suppliers. In other words, the replacements of spare parts sold by screw air compressor manufacturers and suppliers on the market at that time cannot be the same as today's in terms of type and quantity. The basic principles of microeconomics tell us that the fewer substitute products for a category of goods on the market, in general, the less sensitive buyers are to their prices.

　　 In addition, some customers worry that purchasing spare parts outside the screw air compressor manufacturer and supplier will affect the future after-sales service of the main engine. This worry was not unnecessary at the time. Because, at that time, China's screw air compressor market was in its infancy, and screw air compressors were a new thing, and people didn't know it very well; the after-sales service of screw air compressors did not show a clear trend of socialization.

　　 From a subjective point of view, screw air compressor manufacturers are reluctant to actively reduce the price of spare parts. Because spare parts are the basic consumables for air compressors; the demand for such consumables by air compressor users is relatively stable and will not change significantly due to changes in prices. Just like people's demand for rice, a basic consumable in daily life, the consumption of rice will not be significantly increased due to the drop in rice prices. In this case, if the screw air compressor manufacturer reduces the price of spare parts, it will not effectively increase the user’s demand for spare parts; on the contrary, the reduced price will reduce the screw air compressor manufacturer’s Profit obtained from the demand for spare parts.

　　 In this case, the price of spare parts for screw air compressors in China has remained at a relatively high level.

　　The supply and demand price balance point of the air compressor accessories market begins to fall

　　 Economists often say, "The market itself, not other forces, created and inevitably ended an era of high profits in the market." The market is like this: where there is demand, there will be constant supply.

With the growth of China's screw air compressor market, the total demand for screw air compressor spare parts market has grown, and the further integration of China and the world economy, many international screw air compressor spare parts OEM manufacturers (including many screw air compressors) Press manufacturer spare parts supplier) or enter the Chinese market, or expand the scale of production and operation already in China. These international companies include well-known multinational industrial groups (such as the German MANN+HUMMEL Group), as well as small and medium-sized companies.

　　The spare parts products provided by many international companies for the majority of Chinese air compressor users are good substitutes for the spare parts sold by screw air compressor manufacturers. When there are more alternatives for a product in the market, consumers will become more sensitive to the price of this product, because more choices appear. At this time, although the reduction in prices cannot increase consumer demand for basic industrial consumer goods (such as screw air compressor spare parts) and basic consumer goods (such as rice), it is an important factor that consumers consider when choosing a supplier. In other words, the price reduction cannot directly increase the number of consumer demand for basic consumer goods, but it allows consumers to decide which company to buy.

　　 With the further development of China's screw air compressor market and people's deepening of awareness of screw air compressors, the after-sales service of screw air compressors has gradually become a trend of socialization and division of labor. The more mature a commodity market, the higher the degree of socialization of the commodity market. After the initial stage of China's screw air compressor market, some companies with excellent technology and rich experience began to independently provide air compressor repair and maintenance services for the majority of screw air compressor users. Many of these companies have worked for screw air compressor manufacturers. Employees who have worked in after-sales service. The emergence of the socialization trend of after-sales service work has further eliminated people's worries and increased the price sensitivity of air compressor users when purchasing spare parts.

　　Under this situation, the price balance point of supply and demand in China's screw air compressor parts market began to decrease. This change will undoubtedly bring affordable prices to users of screw air compressors.

　　 Screw air compressor spare parts market development background

　　 Before discussing the price trend of my country's screw air compressor parts market, we need to understand the background information of the screw air compressor parts market. As we all know, screw air compressor is a kind of assembly machine. In other words, most screw air compressor manufacturers do not produce spare parts under normal circumstances; their spare parts (such as screw oil, filters, etc.) are purchased from various spare parts accessory suppliers, and then their main engine brand or "positive" "Factory accessories", "original accessories" and other words are sold to their air compressor users. This is the so-called OEM (OriginalEquipmentManufacturer) manufacturing process.

　　 Screw air compressor accessories increase with the host demand

　　 The reduction in the price of spare parts for screw air compressors will create a "win-win-win" situation for the majority of screw air compressor users, host manufacturers and spare parts manufacturers. When buying a screw air compressor, the "maintenance cost" is an important factor that affects people's purchase decision. The reason why the screw air compressor can become a replacement product of the piston air compressor is due to the "lower maintenance cost". The reduced maintenance cost of screw air compressors will increase the demand for screw air compressors by the majority of industrial and commercial enterprises in our country, and promote the determination of many enterprises to update old-fashioned equipment. This is very beneficial to the sales of screw air compressors. When the total demand for the main engine of the screw air compressor increases, the demand for spare parts of the screw air compressor users will also increase, so that the entire industrial chain will form a virtuous circle and promote the healthy development of the industry.