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Location：Analysis of Global and Domestic Instrument Industry Market in 2018: Two Trends and Five Favorable Factors
Release time：2018-11-21 Browse：
China Business Intelligence Network News: Measuring and testing instruments and instruments are instruments or equipment used for testing, measuring, observing, calculating various physical quantities, material components, physical parameters, etc. They have functions of detection, measurement, signal transmission and data processing. They are the basis of information acquisition, measurement, transmission and control. They have become the cornerstone of industrialization, informationization and intellectualization, and also the production of instruments and instruments. One of the core categories in the industry. As a technology-intensive product, measuring and testing instruments are a comprehensive product of a variety of science and technology. They have a wide range of products, and have important applications in engineering, power, industry, environment, medical treatment, construction and other fields.
The Global Market of Measuring and Testing Instruments and Instruments is Huge
Globally, with the continuous improvement of industrial technology level, the rapid development of information industry, and the continuous improvement of consumption capacity, measuring and testing instruments have formed a huge market scale. From 2015 to 2018, the global market for measuring and testing instruments grew from 22 billion US dollars to 24.3 billion US dollars, and still maintained growth at a relatively high base. From 2017 to 2023, the global market for measuring and testing instruments will maintain a compound growth rate of 3.6% and reach 29 billion US dollars by 2023.
Source of data: collated by China Business Industry Research Institute
Looking at the development of global instrument industry in different regions, North America has developed information industry, high technology level and a large population. It is the main market of measuring instruments and instruments. It occupies 47% of the global market share in 2016. The European region has a deep industrial foundation and pays attention to environmental protection and quality monitoring. It is the second largest market for measuring instruments and instruments. It occupies 28% of the global market share in 2016. The Asia-Pacific region has a large population, rapid development of manufacturing industry and strong demand for infrastructure construction. It will occupy 19% of the global market share in 2016.
Rapid Development of Instrument and Instrument Industry in China
Overview of the development of China's instrumentation industry as a basic and strategic industry of the national economy, has been the focus of investment in capital, technology and talent industries in China. In the 21st century, instrumentation industry has played a more and more significant role in promoting industrial transformation and upgrading, developing strategic emerging industries, promoting modern national defense construction, ensuring and improving people's living standards, and the scale of the industry has been increasing.
From 2013 to 2016, the main business income of Enterprises above the scale of instrument manufacturing industry in China increased from 768.2 billion yuan to 953.6 billion yuan, with an average compound annual growth rate of 9.40%. It will exceed 1000 billion yuan in 2017.
Source of data: collated by China Business Industry Research Institute
From the first half of 2018 industry profits, overall growth. According to the semi-annual report data disclosed by 28 listed companies in China's instrumentation industry, 15 of them grew year-on-year, with Sanhui Electric increasing by 2262.69% year-on-year. The top ten listed companies in instrument industry are Haixing Electric Power, Precision Measurement Electronics, Hanwei Technology, AVIC Electric Survey, Aerospace Technology, Anchor Vehicle Detection, Xintian Technology, Madison Electric, Sanchuan Intelligence and Weixing Intelligence. The total profit of these 10 listed companies is 936 million yuan.
Source of data: collated by China Business Industry Research Institute
With the increasing scale of the industry, the industrial chain and technological strength of China's instrument industry have also developed rapidly, forming a relatively complete industrial system and technological innovation system, closing the gap between the international advanced level. In national defense facilities, major projects and important industrial equipment, autonomous instrument products and systems have been widely used, such as autonomous signal system, monitoring system, etc. in power and high-speed railway, which effectively guarantees our national defense security, economic security and social security.
With the continuous transformation and upgrading of China's traditional industries, the accelerated development of new industries and the continuous improvement of people's living standards, the demand for instrumentation in major projects, industrial equipment and quality assurance, intelligent manufacturing, life medicine, new energy, marine engineering, nuclear power, scientific and technological research, environmental governance, inspection and quarantine and other fields will be further expanded, and China's instrumentation industry will usher in a new era. Opportunities for development.
Five Favorable Factors to Promote the Development of Instrument Industry
1. National Industrial Policy Support
Made in China 2025 pointed out that we should accelerate the development of intelligent manufacturing equipment and products, break through new intelligent core devices such as sensors, intelligent measuring instruments and industrial control systems, and promote engineering and industrialization. Since the 13th Five-Year Plan, the development of instrumentation and measurement technology has been improved in the "13th Five-Year Plan for Scientific and Technological Innovation in Advanced Manufacturing Technology", "13th Five-Year Plan for Development of National Environmental Protection Standards", "13th Five-Year Plan for Development of National Strategic Emerging Industries" and "Notice of the State Council on Issuing the 13th Five-Year Plan for National Scientific and Technological Innovation". The support and encouragement are helpful to the development of measuring and testing instrument industry.
2, the countries along the belt and road have a vigorous demand for electrical instrumentation.
The countries along the belt and road are in the stage of industrialization development. There is a big gap in the power supply protection, or the establishment of energy import transportation channels and construction of power stations, or lack of construction capacity of larger scale power plants, or the lack of enough power grid and power transmission capacity of the existing power stations. In order to break the restriction of power gap on its industrial development, the countries along the belt and road are actively carrying out the construction of electric power facilities. In the next ten years, the amount of investment in the global power sector will reach US $7 trillion and 200 billion, and the investment scale of the countries along the belt will be more than one trillion US dollars, which will create a huge market for China's electrical and electronic measuring and testing instruments and meters.
3. The domestic environmental monitoring system is improving day by day
In recent years, China has introduced a series of measures to strengthen pollution prevention and control, environmental monitoring factors continue to expand, and environmental monitoring system is gradually improving. In March 2017, the Ministry of Environmental Protection issued the Rules for the Implementation of the Operation and Management of Urban Stations of the National Environmental Air Quality Monitoring Network (Trial Implementation). It was pointed out that the monitoring projects of the National Urban Stations include sulfur dioxide, nitrogen dioxide, particulate matter (PM10,), carbon monoxide, ozone, five meteorological parameters (wind speed, wind direction, air temperature, relative humidity, atmospheric pressure), etc. A series of atmospheric monitoring equipment, such as multi-functional air quality tester, VOCs tester, temperature and humidity tester, CO tester and other products and ancillary services, have good market opportunities. At the same time, Chinese residents are paying more and more attention to the pollution of family environment, and the market demand for household environmental quality monitoring instruments is gradually releasing.
4. The Change of Medical Ideas and Ways
With the popularization of the concept of health management and the continuous penetration of mobile Internet, the living and working methods of residents are gradually changing. More and more residents begin to take the initiative to carry out health management and make their lives more intelligent. In the future, with intelligent functions such as APP, intelligent monitoring and so on, it is the key factor for manufacturers of household medical measuring and testing instruments to enhance users'stickiness. With the trend of population aging and the strengthening of health management consciousness in China, the demand for household medical measurement and testing instruments will continue to increase.
5. Increasing Technical Level in the Industry
At present, all kinds of new measuring instruments have more and more intelligent processing ability besides the basic measuring function. They can undertake the functions of automatic zero adjustment, self-calibration and self-calibration. At the same time, they can process the measured signal and have the ability of logical judgment and information processing. The development of these intelligent devices is closely related to the rapid development of sensor technology, chip technology and signal processing technology. The modular development of sensor technology combined with algorithm and program greatly expands the application depth and breadth of instruments.
In addition, with the continuous improvement of technical level in the industry, electronic components with high quality, small size, stable performance and suitable cost are constantly emerging, which makes it possible for the large-scale production of various accurate, efficient and more intelligent multimeter, infrared thermal imager, laser rangefinder, air quality detector, infrared thermometer, coating thickness measurement equipment and so on.
Development Trend of Industry
At present, there are two major trends in the development of the global measurement and testing instrument industry. Firstly, with the rapid development of sensor technology, digital technology, Internet technology and Fieldbus technology, measuring and testing instruments with new materials, new mechanisms and new technologies have realized high sensitivity, high adaptability and high reliability, and developed towards embedded, miniaturization, modularization, intelligence, integration and networking.
Secondly, the enterprise form is an organic combination of group monopoly and fine division of labor. On the one hand, large companies gradually form a monopoly position through mergers and reorganizations, which not only occupies the high-end market but also accelerates the expansion to the middle and low-end market, controls the technical standards and patents, and leads the direction of industrial development; on the other hand, small enterprises develop in the direction of "small, fine, specialized and strong", by subdividing the market. The outstanding advantages and Transnational Cooperative sales channels will push products and services to the international market.
