The future of pressure transmitters in China

What is the outlook for pressure transmitters? With the acceleration of national infrastructure and government support, the pressure transmitter industry in the last two years has remained above 20% overall. The development prospects of pressure transmitters are bright.

The pressure transmitter industry has maintained its economic high position for six consecutive years. Although affected by the financial turmoil, economic growth in various industries has slowed down, but from the current situation, the pressure transmitter industry's growth rate has not slowed down. And the investment opportunities in this industry will also take off.

I. The industry will maintain steady growth. Entering the pressure transmitter industry in the first quarter of the various growth figures show that after the 2008 and 2009 financial crisis and the aftermath of the financial crisis, is ushering in a new momentum of development. The growth rate of investment in measuring instruments and special equipment for the electronics industry exceeded 50%, playing an important role in driving the rapid growth of investment in the entire electronic information industry. The sales value of electrical and electronic appliances industry increased by 31.92% year-on-year, and exports increased by 30.13% year-on-year.

II. Great demand potential. At present, China's national economy has maintained a sustained, rapid, and healthy development. In the macro-control policy and the implementation of a proactive fiscal policy, the domestic market has expanded. Various departments of the national economy will have a large number of enterprises to improve their product quality, and economic transformation will require technological transformation. In particular, in the past two years, the country has carried out major technological transformations in the seven industries of metallurgy, petrochemicals, and papermaking, and will form a relatively large pressure transmitter. Demand, in the field of continuous production processes such as metallurgy, petrochemicals, and environmental protection, more than 1.3 million sets of pressure transmitters and control systems need to be automated. Among them, the main control devices (large DCS, small and medium-sized DCS, PLC, single, multi- Loop regulators) more than 150,000 sets (sets), transmitters about 250,000 sets, detectors to express more than 500,000 sets, and more than 200,000 regulators, a new generation of fieldbus-based industrial control systems will have a greater growth Scientific research, education, agriculture, environmental protection, and meteorology.

Third, import and export will be more balanced. Although the pressure transmitter industry has developed rapidly, the gap with foreign countries remains large. However, in recent years, the market share of some products in foreign countries has continued to expand. According to the data, the export delivery value of China's pressure transmitter industry increased by 39.2% year-on-year, and the export value exceeded one quarter of the total output value. These data show that the rapid growth of the entire industry is more obvious from the export pull, but at the same time, the impact of changes in the international market on the entire industry is also increasing. In terms of exports, labor-intensive products represented by electricity meters and water meters are still bright spots. At present, China has become the largest exporter of these two types of products.

4. Policies will increase support. With the implementation of a series of national key projects, the steam flow meter industry, which has been neglected, has been increasingly valued and supported by the government. In addition, during the “Twelfth Five-Year Plan” period, China will continue to implement and restart key projects. These projects provide tremendous opportunities for pressure transmitters. Policy support constitutes a direct benefit for pressure transmitters.