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    Home > Chemicals Industry > China Chemical > The "Ten Year Itch" of the Instrumentation Industry

    The "Ten Year Itch" of the Instrumentation Industry

    • Last Update: 2021-09-19
    • Source: Internet
    • Author: User
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    【Hot attention of the Chemical Machinery and Equipment Network ] With the development of energy conservation and consumption reduction, low-carbon economy, civilian production, and strategic emerging industries, structural adjustment and transformation have become a long-term national policy of the country, which has led to wind power, nuclear power, Internet of Things, smart grid, The rapid development of a number of emerging industries such as high-speed rail and rail transit.
    The development of these industries isThe instrumentation industry has brought new opportunities and markets
    .

     
    Hot attention of Chemical Machinery Equipment NetworkChemical machinery and equipmentInstrumentation
    From 2012 to 2021, China's instrumentation industry, like China's economy, has undergone tremendous changes from weak to strong
    .
    The scale of China's instrument and meter manufacturing industry has been steadily increasing.
    The instrument and meter manufacturing industry has entered a new period of "a few companies are developing rapidly, most companies are growing at a flat or low speed, and about 10% of companies are losing money"
    .

     

    From 2010 to 2013, the total industrial output value of the instrumentation industry was 525.
    3 billion yuan, 615.
    3 billion yuan, 711.
    2 billion yuan, and 813.
    5 billion yuan.
    In 2014, the total industrial output value of the entire industry was 927.
    6 billion yuan
    .
    In 2015, the total import and export volume of the instrumentation industry was 67.
    6 billion U.
    S.
    dollars, a decline since 2009
    .
    Among them, the import amount reached 41.
    4 billion U.
    S.
    dollars, and the market is still sluggish
    .
    In 2016, the production and sales scale of China's instrumentation industry exceeded 500 billion yuan, and the total industrial output value of the industry at the end of 2016 was close to 700 billion yuan
    .
    In 2017, the total annual output value of China's instrumentation manufacturing industry was 999.
    95 billion yuan, and the output value increased by 2.
    60% year-on-year
    .

     

      During this period, the speed of enterprise development accelerated, coupled with more frequent mergers and acquisitions activities, large-scale enterprises became larger and larger
    .
    At the same time, the development of small and medium-sized enterprises is relatively stagnant due to insufficient technical strength and innovation capabilities, and is gradually unable to keep up with the pace of industry development
    .
    This phenomenon is mainly due to the rapid development of industrial Internet of Things, cloud computing, big data, artificial intelligence and other new technologies, which has triggered a storm of technological innovation in the instrument and meter manufacturing industry
    .
    The survival and development of instrumentation companies increasingly need to rely on high and new technology, and they need to face the impact of industrial transformation and upgrading
    .

     

      In 2018, the instrument and meter manufacturing industry realized a total profit of 78.
    049 billion yuan, an increase of 6.
    93% over the previous year
    .
    The increase in output value, assets, and profits of the instrument and meter manufacturing industry benefited from the huge demand brought about by the current technological innovation and development in China
    .
    At present, the operation of China's national economy is in a period of innovation-driven development.
    Not only have many emerging industries been born, but also many traditional industries are undergoing transformation and upgrading with the help of innovative technologies
    .
    Especially in the industrial field, as one of the largest markets for instrumentation manufacturing, investment in technology research and development continues to increase, and the demand for instruments and equipment is also increasing day by day
    .

     

      In 2019, China's instrument and meter manufacturing industry had a cumulative annual operating income of 724.
    26 billion yuan; a total annual profit of 70.
    40 billion yuan
    .
    During this year, China's scientific research institutions and scientific research projects are also increasing, and there is a huge demand for laboratory instruments
    .
    However, whether it is in the industrial field or scientific research field, there are increasingly higher requirements for the quality and technical content of instrumentation products, which means that the future instrumentation products will be an important driving force for enterprise development and industrial growth
    .

     

      In 2020, the main revenue of China's instrumentation was 766 billion yuan, an increase of 41.
    736 billion yuan over the previous year, accounting for 3.
    35% of the machinery industry
    .
    With the continuous improvement of China's science and technology, China's industrialization level has also been developed
    .
    After years of development, a small number of products in China's instrumentation industry have approached or reached the current international level, and many products have independent intellectual property rights
    .
    China's instrumentation industry has seen a huge increase in imports and exports.
    The export perspective reflects the strength of China's instrumentation industry development and proves that China has proved that the improvement of China's instrumentation production technology has driven the rapid increase of China's export scale
    .

     

      In recent years, the output of China's electrical instrumentation has shown a fluctuating upward trend.
    Benefiting from favorable policies such as the development of China's power industry, urban and rural power grid transformation, and smart grid construction, electrical instrumentation has become a rapidly growing sub-industry in China's instrumentation industry.
    One
    .
    In the first half of 2021, the cumulative output of China's electrical instrumentation was 133.
    503 million units, a cumulative increase of 18.
    9%.
    The market scale is also continuing to expand, and the development prospects are promising
    .
    In addition, the application of instrumentation is becoming more and more extensive, and its application greatly facilitates people's production and life processes, and promotes the continuous development of society
    .

     

      Original Title: The "Ten Year Itch" of the Instrumentation Industry
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