During the 11th Five Year Plan period, the investment scale of China's water conservancy planning is 462.8 billion yuan, of which the investment proportion of key water conservancy projects exceeds 50%. Moreover, since 2004, the average annual growth rate of the water pump industry has remained around 20%. The water pump industry is a typical investment driven industry, and market demand is greatly influenced by national macroeconomic policies, especially in industries such as water conservancy, construction, and energy.

With the continuous progress of technology, pump products will inevitably develop towards intelligence, capable of monitoring parameters such as pressure, flow rate, temperature, and vibration; Able to evaluate the shaft, bearings, and sealing conditions of the pump; Able to diagnose the cause of faults, etc.

The technological development of the magnetic pump and diaphragm pump industries will be concentrated in designing electronic control systems, improving driving devices, and seeking new materials.

According to the "Analysis Report on Market Demand and Investment Planning of China's Agricultural Water Pump Industry from 2014 to 2018" released by the Prospective Industry Research Institute, there is still nearly 40 billion yuan of market demand in the next three years, and the market prospects are good. In the near future, China's backbone pump and valve enterprises will definitely catch up with and surpass similar foreign enterprises, contribute to the localization of national major technical equipment, occupy a certain share in the world pump and valve market competition, and become a strong country in the world pump and valve manufacturing industry.