The output value of the instrumentation industry may reach trillions of yuan in the next five years

According to the latest data released by the China Instrument and Meter Industry Association, the scale of production and sales in the instrumentation industry exceeded RMB 500 billion for the first time in 2010. According to the “12th Five-Year Plan” requirement of the industry, in the next five years, the total industrial output value will reach or approach RMB 1 trillion, and the average annual growth rate will reach 15%.

According to the plan, by 2015, the total profit of the instrumentation industry will reach 71.3 billion yuan, with an average annual growth rate of 73%; the main business profit margin will be 8.5% to 9%; the total assets will reach 870 billion yuan; and the export will exceed 30 billion yuan. The U.S. dollar, of which domestic enterprises accounted for more than 50% of exports, reached the end of the "Twelfth Five-Year Plan" or the beginning of the "Thirteenth Five-Year Plan", and the trade deficit began to decline.

In view of the current decentralized industrial structure, the plan points out that three industrial clusters in the Yangtze River Delta, Chongqing, and the Bohai Rim should be actively cultivated to form three to five super-billion yuan enterprises with over 100 million yuan in sales. Vigorously promote the quality of domestic brands, domestic sales accounted for more than 70% of total sales in the domestic industry, domestic brands discrete automatic control system to achieve mass production, the market share from the current 5% rose to about 15%.

Survey shows that the current proportion of instrumentation in the total investment in engineering equipment is about 18%. During the "Twelfth 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 demand.