In general, product innovation is the introduction of new products or services to meet the needs of external users or markets. Product innovation usually stems from market demand, that is, product innovation to market demand as the starting point, so for equipment manufacturers need to first clear the direction of product technology research, through technological innovation activities, to create suitable for this demand of marketable products, so that market demand to meet. According to the classification of product innovation, product innovation model can be divided into a new product innovation model and improve product innovation model. The new product innovation model refers to the methods and ways of innovating products that have significant changes in the nature of their use, performance, and principles. The model of improving product innovation is the expansion and technical improvement of existing products based solely on external market demand, and the technical principles inherent in the product itself do not change significantly.
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