Analytical instrument market demand will reach 4 billion US dollars

Recently, the US market survey agency SDI reported that in the past decade, China has become the world's second largest economy and has a profound influence in many industries around the world, including the life sciences analytical instrument industry.

Analytical instrument market has broad prospects for development

According to statistics released by the National Bureau of Statistics, from January to October, instrument and meter manufacturing industry realized a total revenue of 607.47 billion yuan, up 15.5% year-on-year; main activities profit was 43.5 billion yuan, a year-on-year increase of 6.8%.

The state’s support for major scientific instruments and equipment continues to increase, and the instrumentation industry shows great potential for e-commerce. The domestic instrumentation industry faces fierce market competition and faces challenges in terms of quality, technology, and talent. In spite of this, in recent years, domestic instruments and meters have performed well, and they have continuously strengthened their competitiveness by acquiring overseas companies and expanding overseas markets.

Although the trend of the instrument and meter industry is relatively good this year, Ji Jiacheng, Honorary Chairman of the China Instrument and Meter Industry Association reminded me that the era of most companies’ continuous growth in double-digit growth in production, sales, and profits has passed. The industry has entered “a few companies have developed faster. The majority of companies are flat or low-speed growth, with about 20% of companies losing money in the new era.

Since the beginning of this year, the growth rate of the instrumentation industry has been higher than that of most manufacturing industries, which has mainly benefited from the country's promotion of economic restructuring, support for scientific and technological progress, and attention to people's livelihood and other related policies and measures. Specifically, 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 %; the increase in electronic instruments, experimental analysis, and other scientific instruments was close to 20%.

According to statistics from the US market survey agency SDI, China has become the second largest economy in the world in the past decade and has a profound influence in many industries around the world, including the life sciences analytical instrument industry. The sustained growth of China's economy has also stimulated the demand for instruments. Its market has developed at a double-digit rate for a long time, making China one of the most important markets in the world. According to the peers of life science analytical instruments, China can provide a source of demand development in today's economic situation.

Rapid development of water quality analyzer market

Facing the increasingly polluted water resources, the construction of China's water quality automatic monitoring network system is also accelerating, which also provides a good development space and opportunities for China's water quality analyzer market. The water quality analysis instrument industry is promising, and is expected to usher in a market of 550 million U.S. dollars in the next five years, with rapid development.

In recent years, our country's investment in sewage treatment has been increasing, especially the government-centered investment, coupled with the increase in market demand due to the importance of sewage treatment in the pharmaceutical, chemical and petrochemical industries, all of which make the market of water quality analysis instruments continue to expand. . According to the relevant market research report, China's water quality analysis instrument market will reach 550 million U.S. dollars in 2018 and will also become one of the markets with the greatest potential in Asia.

According to the above analysis, the domestic market is very optimistic about the prospects of water quality analysis instruments. Although there are several subdivided areas for water quality analysis instruments, including laboratory use, industrial use, river sewage and industrial wastewater treatment, municipal wastewater treatment and drinking water analysis, the most advanced water quality analysis instruments are water quality for industrial and laboratory use. Analytical Instruments. In addition, in terms of product demand, the current Chinese market is more inclined to multi-parameter measurement instruments, while the price is also a different neglect factor. As China's water quality analysis instruments continue to break through technological bottlenecks, the future will be high-quality, multi-functional, integrated, automated, systematic, and intelligent. This will become the main trend in the development of water quality analysis instruments. Domestic enterprises in China have only developed along this route to meet the needs of China's environmental protection industry.

China's analytical instrument demand reaches 4 billion US dollars

All along, China's instrumentation industry has not received attention from too many companies in the industry. Although the active market leader in the market is quite confident, it is not a positive attitude toward the Chinese mainland market.

Recently, the US market survey agency SDI reported that in the past decade, China has become the world's second largest economy and has a profound influence in many industries around the world, including the life sciences analytical instrument industry. The sustained growth of China's economy has also stimulated the demand for instruments. Its market has developed at a double-digit rate for a long time, making China one of the most important markets in the world. According to the peers of life science analytical instruments, China can provide a source of demand development in today's economic situation.

The report shows that the total demand for analytical instruments in China reached 4 billion U.S. dollars in 2013 and continues to grow. However, the Chinese market still has major changes. At present, some technologies are thriving and some technologies are being cooled. Faced with the current situation in China, such as the priority of government spending, the trend of global outsourcing, food safety and environmental crisis, the future of the Chinese market will undergo greater changes. The most important trend in the Chinese market may be the continued development of Chinese-made instruments, and it will also become a strong competitor for domestic importers. In addition, many domestic companies already have the scale and strength to conduct global operations.

In this report, SDI provides market data and information to provide a complete picture of the current state of the Chinese market and its future evolution. The report provides analysis of all major technology areas covered by the SDE, including market size and growth forecasts, trends in application and industrial applications, and competition between global manufacturers and domestic equipment companies. It describes China’s strategic situation and provides A large number of data analysis of domestic and global instrument suppliers with significant market share in the Chinese market.