The means and equipment for analysis and control, as well as the application scope of instruments and meters, cover all fields of human activities. With the widespread application of new technologies such as biochip technology, sensors, electronic design automation, and digital signal processing, the application field of instruments and meters will continue to expand more rapidly. After decades of development, China's instrument and meter industry has formed an industrial system with a relatively complete range of product categories, a certain production scale, and development capabilities. It has also gained certain competitive advantages in the fields of electrical instruments, industrial measurement, and scientific testing instruments, giving birth to a group of internationally competitive enterprises. China has become a major producer and exporter of electricity meters, microscopes, thermometers, pressure gauges, and other products.
In recent years, the market size of China's instrumentation industry has achieved rapid expansion. According to the "China Special Instrumentation Industry Planning and Analysis Report", it reached 722.327 billion yuan in 2011, with a year-on-year increase of 21.41%. In 2012, the market size of China's instrumentation industry decreased year-on-year, to 653.33 billion yuan, a year-on-year decrease of 9.55%. Since 2013, the sales of products in China's instrument and meter industry have significantly rebounded. By 2015, the sales revenue of China's instrument and meter industry was 870.33 billion yuan, a year-on-year increase of 6.32%.
In various sub sectors of China's instrumentation industry, large foreign enterprises dominate the high-end product market, but Chinese enterprises have certain advantages in certain sub product areas. At present, multinational companies such as Thermo Fisher Scientific and Shimadzu dominate the high-end instrument market in China. At the same time, companies such as Tianrui Instrument and Xianhe Environmental Protection have huge advantages in sub sectors such as elemental analysis instruments and environmental monitoring instruments.
In recent years, although China's instrument and meter industry has experienced rapid development, there is still a significant gap compared to foreign countries, mainly reflected in the slow progress of technological innovation and industrialization; Lack of key core technologies and prominent low-level repetition; The long-term lack of fundamental solutions to product stability and reliability; A large amount of imports have a significant adverse impact on industrial development.
In the next five years, the industry's production and sales value will reach or approach trillions of yuan, with an average annual growth rate of 15% and a cumulative growth rate of over 75%. The total profit of the entire industry will reach 71.3 billion yuan, with an average annual growth rate of 13%; The profit margin of the main operating income has reached 8.5% -9%, with total assets reaching 870 billion yuan. At the same time, the industry's export volume has exceeded 30 billion US dollars, and the export growth rate is greater than the import growth rate. The export proportion of local enterprises will be greater than 50%.
