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according to the German "Die Welt" news, the German machinery and equipment manufacturing federation (VDMA) latest research pointed out that affected by the epidemic, the global machinery trade volume in 2020 will be about 1.05 trillion euros, sales than a year ago reduced by nearly 10%. China has overtaken Germany for the first time to become the world's champion exporter of machinery and equipment.
In the related fields of lead-acid battery equipment manufacturing, there are still many companies that use past thinking for current marketing, focusing on manufacturing and despising service, focusing production and despising application. They are not paying enough attention to the needs of consumers for modern manufacturing service business, thus, there is no insight into the changes in the market and the consumption scene.
There is a famous "smile curve" in economics. The "smile curve" tells us that on the value chain curve of modern manufacturing industry, manufacturing and processing are always at the middle and low end; while R&D, design, sales and service are at the high end of the curve,however, they are more needed to increase the added value of the industry.