2. Different requirements for cost
The mobile hydraulic machinery industry can be regarded as a fiercely competitive red sea, where profits are meager and "even thinner than a blade". In this industry, the production of large quantities of machinery such as excavators, loaders, and aerial work vehicles is extremely considerable, reaching hundreds of thousands of units per year. The peak number of domestic excavators reached 400000 units per year, with numerous manufacturers and fierce competition. This has resulted in the cost of every component, from small nuts to critical hydraulic pumps, being firmly suppressed to the lowest price in their respective segmented markets. But this does not mean that manufacturers will exclusively use low-end hydraulic components. After all, in QDCS, quality comes first. And in certain specific applications, reliable, sturdy, and durable hydraulic components are absolutely necessary. So although hydraulic component suppliers have huge sales volume, their profit margins are meager, which seems to have become the inevitable fate of all red ocean industries. Taking hydraulic pumps as an example, it is possible that the price of hydraulic pumps used on excavators is 50% to 150% cheaper than other models or pumps used in industrial applications.
Compared to mobile machinery, hydraulic systems used in industrial hydraulic environments have much higher degrees of freedom, with the most obvious being the freedom in terms of space and cost. Although it cannot be said that the space and budget of industrial hydraulics are infinite, because its hydraulic power unit is custom designed, the budget and investment for each mechanism are relatively high, and the cost is usually high. The same applies in terms of available space, where drive units and actuators are typically not limited by ground space or installation space dimensions.
Of course, industrial hydraulic systems also have their own special requirements. In the industrial field, customers place greater emphasis on reliability, quietness, and efficiency compared to the mobile hydraulic field. So, even if the hydraulic drive on the loader adopts the most advanced hydraulic system on Earth, it does not mean that the pressure manufacturer needs to follow the same requirements.
