Instrumentation and manufacturing industry gradually warms up

The latest statistics as of October showed that the growth rate of the instrumentation industry has risen from 2% at the beginning of the year to 6%, and the growth rate of instrumentation and meter manufacturing is among the highest. Wu Jiacheng, a special advisor to the China Instrument and Meter Industry Association, said that the industry’s growth rate of 2% at the beginning of this year was the lowest growth rate since the reform and opening up. The “cold wave” of the financial crisis began to recede from March of this year, and the instrumentation industry has also started from the cold winter. Come and gradually enter the recovery period.

Production and sales accounted for about 40% of the industry's industrial automation instrumentation and control systems due to increased demand for industrial upgrading, the increase rate is higher than the whole industry by 2%; agricultural and forestry, animal husbandry and fishery, education, automotive, medical and other equipment increased by more than 20%; Electronics, Experimental analysis and other scientific instruments increased by nearly 20%. Since 2013, the increase in the instrument and meter industry has been higher than most of the manufacturing industry, mainly due to the promotion of the country’s policies and measures in promoting economic restructuring, supporting scientific and technological progress, and focusing on people’s livelihood.

Three factors have caused the instrument and instrument industry to pick up slowly

Although the current instrumentation industry has grown by 6%, this data shows that the recovery of the instrumentation industry is still very slow. There are three reasons for this:

First, the growth of the industry's development needs is slow. The development of an industry depends on the pull of the industry's three major demands: rigid demand, development demand and export demand. For the instrumentation industry, rigid demand accounts for a small proportion of the total demand because of the long service life of instrumentation; the development needs account for a large proportion; the investment in technology and quality increases, and the demand for instrumentation will also increase. increase. In the context of the financial crisis, the country’s investment in energy, chemical and other industries has dropped significantly, and companies’ investment in science and technology and quality have also declined. The reduction of investment in these two areas directly leads to a sharp reduction in the demand for development of the instrumentation industry; and the export rate of 30% of the products determines that the industry is greatly affected by the fluctuations in the international market, and it also determines that the recovery of the industry will not be rapid.

Second, the state support measures to benefit small countries 4 trillion yuan of investment to many industries and companies to bring development opportunities, but compared to home appliances, automobiles and other industries, the instrumentation industry to enjoy the funding indirectly, much later.

Third, the industry's poor adaptability to economic adjustment The product structure that has been formed for a long time determines that the instrumentation industry must be combined with economic structural adjustment in this recovery. China's instrumentation has developed rapidly, but most of them are imported from abroad. Many companies are now working on the issue and will strive to use energy conservation, emission reduction and new energy as new growth points in this round of adjustments.

With the arrival of the Twelfth Five-Year Plan, China's instrumentation industry will also enter a period of rapid development. At present, the proportion of instrumentation in the total investment in engineering equipment is about 18%. During the 12th Five-Year Plan period, the start-up of many large-scale projects in China, such as ocean engineering and new energy projects, will drive the growth of instrumentation requirements.