Annual Sales Increase Of 8% – Electrical Instrumentation Market Highlights The Five Main Features –

Currently, domestic electrical instrumentation products, production capacity of 8,000 million pieces (sets), in which meter production capacity to 60 million pieces (sets), and portable power meter installed production capacity of up to 1,500 meters million (sets), and other products production capacity of more than 500 million pieces (sets). Medium and low products, such as the traditional power meter,

Mounted portable meter and other meters and excess capacity; in the high-end products, such as high accuracy digital meters, digital measuring instruments, automatic test systems, products and advanced technology levels between countries, can not fully meet the domestic demand, imported.

Based data analysis, the next few years, China’s demand for electrical instruments will show the following characteristics:

Market demand to increase 3 to 5 percentage points
Recent years, countries have taken to further strengthen infrastructure construction, expanding domestic demand and promote economic growth policies, and massive investment in urban and rural power grid construction and transformation, to the electrical industry a rare instrument opportunities, electrical measuring instrument products in the market demand in general has maintained a growth trend. Expect the next few years, electrical instrumentation products increase in demand is still 3-5 in percentage points.

8% annual growth in sales The data show that in the next few years, the domestic market for electrical instrumentation products, the annual demand will remain at 60 million pieces (sets), of which the power sector needs 54 million pieces (sets), other departments needs 600 million pieces (sets).

In the annual 60 million pieces (sets) of the electrical equipment market, including 48 million pieces (sets) power meter, 700 million (sets) installed power meter products

250 million (sets) portable meters, 150 million (sets) of digital meters and 100 million units (sets) other

Instrument. Structural changes in product demand, the power meter product in the proportion of electronic meters will be gradually increased, from “15” 200 million initial development of the “15” end of the 12 million units. Mounted meter, portable meter, digital meter will increase the technical content, product level escalation, which despite a total annual demand will not change too much, but will increase total sales, growth in the next few years of 8%, to reach 5.1 billion in 2005.

Prices stabilized The next few years, electrical instrumentation products less price volatility, movements smooth.

Currently, domestic electrical measuring instrument has a serious surplus production capacity, increasing competition in the market situation, prices will be an important means of market competition. At present the company to ensure the market share price has made a maximum effort so that the whole industry in a low-profit status, has no wiggle room. As the entire state of oversupply in market demand, product prices and thus is highly unlikely. In general, electrical instrumentation products in recent years, prices will remain stable, some high-tech products, such as electronic power meters and other products due to technical levels are higher than the price of old products has increased, but the product cost performance compared with the old product will have a distinct advantage.