As the "multiplier" of industrial production, the "pioneer" of scientific research, the "combat effectiveness" of military and the "materialized judge" of modern social activities, instruments and meters are the "multiplier" of industrial production, the "pioneer" of scientific research, the "combat effectiveness" of military and the "materialized judge" of modern social activities.  It covers almost all fields of people's activities, and plays a very important role in promoting the development of science and technology and national economy.  According to the National Industries Classification (GB/T4754-2017), the instrument manufacturing industry can be divided into general instrument manufacturing, special instrument manufacturing, clock and timing instrument manufacturing, optical instrument manufacturing and weighing instrument manufacturing.  

In addition, with the continuous transformation and upgrading of China's traditional industries, the accelerated development of emerging industries, and the continuous improvement of people's living standards, the demand for instruments in major engineering, industrial equipment, intelligent manufacturing, life medicine, new energy, marine engineering, nuclear power, scientific and technological research, environmental governance, inspection and quarantine and other fields will further expand. China's instrument industry will usher in new development opportunities, and policies are also continuing to promote the development of instrument industry.  
 

Policy support drives the development of instrument industry in China  

As we all know, scientific and technological innovation is the foundation of building a modern scientific and technological power and promoting the progress of industrial science and technology. The self equipment level of scientific instruments is one of the important symbols of the national independent innovation ability. It is self-evident that our government attaches great importance to the instrument industry.  

As the basic and strategic industry of national economy, instrument industry has always been the key investment industry in capital, technology and talents.  Instruments and meters belong to the industry which is mainly encouraged and supported by the state. Through formulating a series of industrial policies and promulgating laws and regulations, the Chinese government has created favorable conditions for the development of instruments and meters industry from the aspects of preferential investment, supporting research and development, strengthening personnel training, encouraging equipment localization, and paying attention to intellectual property protection.  

In recent years, China's instrument industry is in the stage of increasing development. In the "13th Five-Year Plan", the government clearly points out that it is necessary to strengthen the research and development and application of scientific instruments and equipment. For example, in 2017, the Ministry of Science and Technology issued the Special Plan for Scientific and Technological Innovation in the "13th Five-Year" Advanced Manufacturing Technology Field, in which the design of high-end intelligent measuring instruments, precise automatic compensation, production technology, and assembly were listed as key tasks during the "13th Five-Year" period; "Made in China 2025" proposes that China will accelerate the development of intelligent manufacturing equipment and products, break through intelligent core devices such as new sensors, intelligent measuring instruments, and industrial control systems, and promote engineering and industrialization. 

The state has successively issued policies and strategies, which provides a rare opportunity for the future development of China's instrument industry since the "13th Five-Year Plan".  With the upgrading of the industry and the improvement of the technical level in the industry, domestic instruments are more and more recognized by the market.  
 

Market demand instrumentation industry continues to develop  

After years of development, China's instrument industry has a considerable industrial scale, and has entered into a large country of instrument production. In addition, with the implementation of the industrial development plan. In addition, the instrument industry, like other industries, is facing a new industrial development path of energy saving, environmental protection, independent innovation and efficient development.  

Since the beginning of the 21st century, the instrument industry has played a more and more important role in promoting the development of strategic emerging industries, industrial transformation and upgrading, promoting the construction of modern national defense, ensuring and improving people's living standards, and the scale of the industry is also rising.  According to the data, the sales revenue of the instrument industry reached RMB 724.264 billion, a year-on-year increase of 5.54% in 2019; the total profit was RMB 70.041 billion, a year-on-year increase of 5.94%.  

With the improvement of green, environmental protection and other global standards, the rapid development of emerging industries has also driven the instrument industry. Intelligent technology also makes the instrument industry transform to high-end manufacturing industry. The instrument industry will show a rapid trend and develop healthily and orderly in the market.  

In addition, driven by the strong market demand and guided by the national macro-control policy, China's instrument industry presents a rapid and healthy development trend.  With the acceleration of intelligent energy process construction, digital, intelligent and networked instrument products will become the mainstream of the market.  Its wide range of applications, covering industry, agriculture, transportation, science and technology, environmental protection, national defense, culture, education and health, people's life and other aspects, product demand can not be underestimated.  

The instrumentation industry is developing strongly and where there is a will ,there is a way 

As the eyes of data discovery and the hands and feet of operation, instrumentation is of great importance in the field of industrial control and in our daily life.  From the perspective of national policies, Made in China 2025 is an important national strategy. Data showed that the industrial added value of China's instrument manufacturing industry showed a trend of year-on-year growth from 2012 to 2020, and the growth rate of industrial added value reached 10.5% in 2019.  However, a sudden epidemic caused a huge impact on the entire society and also great harm to the instrument manufacturing industry at the beginning of 2020. 

Affected by the epidemic, the total profit of the instrument manufacturing industry above designated size reached RMB 840 million from January to February 2020, a year-on-year decrease of 71.7%.  After COVID-2019 has been effectively controlled, the industry has gradually recovered. Data showed that the growth rate of its industrial added value has returned to 1.5% from January to August 2020. The recovery of the growth rate of added value made the scale of the instrument market continue to grow, showing strong development trend in the future. 



Source: Instrument Network