According to the current market situation, the environmental monitoring instrument industry is small. Enterprises with assets of more than 1 billion account for 40% of the industry’s sales. The industry is relatively concentrated. In particular, high-end instruments have been monopolized by foreign capital. The domestic PM monitoring instrument market share is only 15%. In the future, there is a large room for import substitution of high-end instruments, and industry mergers and acquisitions have become a trend. The emergence of the Industry 4.0 strategy has shown us a new blueprint for development.
2015 summary of instrumentation industry
In 2015, there were 20 small industries in the instrumentation industry, and 4321 enterprises above designated size. The total revenue of main business was 937.8 billion yuan, which was converted into an output value of nearly 950 billion yuan, which did not reach the 12th Five-Year Plan and the industry output value reached or approached Trillion" is expected. Revenue increased by 6.2% year-on-year, the lowest growth rate since this century. According to the latest data released by the National Bureau of Statistics, GDP grew by 6.9% in 2015, and the growth rate of instrumentation revenue was lower than that of GDP for the first time.
Industry 4.0 strategy shows a new blueprint for the development of instrumentation industry
Although the end of the year was carried over as usual, and the monthly output value exceeded 100 billion, the intensity of carry over was significantly lower than in previous years. From a small industry perspective, driven by environmental monitoring markets such as water, soil, and gas, and pharmaceutical, food and other industries, experimental analysis instruments have a double-digit increase of 13.86%, which is a rapid growth; industrial automation instruments and control systems, electrical and supply instruments, The year-on-year growth rate of optical instruments was lower than that of major industries.
The total profit for the year was 82.4 billion, an increase of 5.36%, 0.84 percentage points lower than the increase of main operating income, a record low, but the profit rate of main operating income was still 8-9%.
The year-on-year negative growth of industrial automation instruments and control systems, which accounted for a relatively large profit, dragged down the entire industry; although the double-digit growth of electrical and supply instruments and experimental analysis instruments was not large enough to offset the downward impact.
From the perspective of economic types, private enterprises are still the backbone of the industry's development. For the first time in 15 years, foreign-funded enterprises have experienced both negative growth in revenue and profit year-on-year. In addition, the number of loss-making enterprises in the industry has dropped from 1,307 at the beginning of the year to 526, and the loss-making area has gradually narrowed.
In 2016, it is predicted that due to weak demand, it will be concentrated in two areas: one is industrial automation instrumentation and control systems that are closely related to the traditional process industry, and the other is electrician and supply instruments that are affected by the real estate industry. Both account for approximately the entire industry’s production and sales. About 50% of it. At the same time, the demand for instrumentation in emerging industries is not yet mature. Therefore, the industry is expected to maintain single-digit growth in 2016.
Current status of the instrumentation industry
In recent years, the country has proposed the "integration of industrialization and industrialization", which is an important measure for the upgrading of my country's equipment manufacturing industry and an important way for my country to develop from a large equipment manufacturing country to a manufacturing power. The information needed in the "integration of industrialization and industrialization" comes from the underlying equipment, so there is a great demand for equipment automation and production line automation. In the ten major revitalization plans issued by the state, textiles, light industry, steel, and ships have all mentioned the requirements for automation and intelligence of equipment. As a knowledge-intensive and technology-intensive industry, instrumentation is a multi-disciplinary complex and an indispensable part of high-end manufacturing equipment.
On the other hand, as the country's attention to people's livelihood has greatly increased, some people's livelihood-related needs are also on the agenda. For example, there are continuous requirements for food safety, drug safety, emergency detection and alarm, environment and climate monitoring and other related instruments and meters. It can be said that grasping a problem can win a market in fierce competition. It is necessary for instrument companies to strengthen the awareness of people's livelihood and continuously tap the market potential that is close at hand, so that high-tech instruments can truly benefit society. After a relatively late start, my country's instrumentation industry has become a major producer of commonly used instruments and meters after 20 years of unremitting efforts. Its market sales have repeatedly hit new highs, and the research and development and production systems have become increasingly sound. After rapid development, the competition pattern of my country's instrumentation market has quietly changed. At present, the output of transmitters, actuators, surveying and mapping instruments, metal material testing machines and other products ranks among the top in the world. The market share of medium and high-end products such as experimental analysis instruments has been rising. The industry technology has generally reached the middle international level. The products are close to or reach the current high international level.
As energy conservation and consumption reduction, emission reduction and low-carbon economy have become a long-term national policy of the country, a number of new industries with rapid development have emerged. For example, wind power, nuclear power, smart grid, high-speed trains and rail transit, etc., these industries are huge market growth points for instrumentation. In the field of wind power, the country will strive to form several tens of millions of kilowatt-level wind power bases in more than 10 years in accordance with the requirements of integrating into the large power grid and building large bases. The total installed capacity of wind power will reach 30 million kilowatts from the original planned 2020. Has been increased to 100 million kilowatts today. Policy adjustments in these areas will reduce the traditional market demand of some instrumentation industries and remind all parties to re-understand and position the market.
The future development direction of the instrumentation industry
"2015-2020 China's Instrument and Meter Parts Industry Development Analysis and Investment Potential Research Report" shows that in terms of market transaction share in 2015, the instrument industry still has a larger proportion of subdivided products in special instruments, mainly concentrated in experimental instruments and Analysis instrument. In terms of analytical instruments, the current demand has not only increased in daily life, but also in industry. The large demand has made its development relatively stable in 2016, and it is still the most stable market in the entire industry. In recent years, the application of experiments and analysis has also begun to increase, especially in the field of measuring instruments during the experiment, which has ample room for development. The impact of haze in 2015 also created an increase in the market for special environmental monitoring instruments, and environmental protection has become one of the main problems in 2016. The listed companies are similar to Jinka shares and Chuanyi shares, in that their original main gas meter and water meter businesses have also transformed and expanded their environmental monitoring business.
Today, about one-third of high-end instruments are still dependent on imports; another third of the instruments are domestically produced at the same level as imported products. To improve the overall competitiveness of the industry and continue to shorten the gap between my country's instrument technology and foreign advanced technology levels requires the overall planning and support of the government.
The government makes overall planning. The domestic scientific instruments are under the centralized management of government departments, and the planning is made as a whole to support the establishment of a national-level technology center with key enterprises as the leader, combining production, learning, research and application, focusing on manufacturing processes, key components, precision processing, and software Development, industry standards and other major issues, to improve the technical level and application capabilities of existing products.
Relevant policy support. According to actual needs, encourage the application of domestically produced instruments and establish the first demonstration project. Explore ways of joint bidding by domestic and foreign companies, domestically produced instruments and foreign-funded technology, to achieve the effect of "market for technology". Relevant government departments should give domestic testing instruments sufficient voice and provide a platform for promotion and display.
With the east wind of the policy, the development of domestic instruments is bound to be more rapid, the sword will be sharpened, and the fragrance of plum blossoms comes from the bitter cold. I believe that this thorny road of development in the cracks will become the driving force for the development of domestic instruments.
