Prospects for electric instrument industry can be "God assists"

[China Instrument Network Instrument Market] Power electrical instrumentation, as one of the high-yield industries, especially in middle and low-grade products, production capacity and production technology have reached a very high level, but in the development of high-end products There are some deficiencies, which is also a large space for the potential of market development in China's electric and electric instrument industry. It is an inevitable trend for supporting demand for smart grids in the future. Data show that in November 2016, the monthly output of electrical instrumentation in China was 20.259 million units, which was a year-on-year increase of 28%.

March 2016 to November 2016 China's Electrical Instrument Production Statistics
According to "China's electrical instrumentation industry development prospects and investment analysis report" shows that in 2015 China's electrical instrumentation market output reached 177.172 million units, an increase of 18.5%. In the first half of 2016, the output of China's electrical instrumentation market reached 92.43 million units, a cumulative increase of 24.5%.
In recent years, China's digital instrumentation technology has developed rapidly. At present, the annual digital multimeter's production capacity reaches tens of millions of units, especially the middle and low-end digital multimeters, which account for 80% of the world's total output, ranking first in the world. However, our mid- to high-end digital instrumentation technology also has a big gap with the products of developed countries. Especially for high-end products, we still rely on imports.
The construction of smart grids has brought a major development opportunity to the electrical instrumentation industry once in a hundred years, promoted the upgrading of industrial structure and technology, and the trend of product intelligence and systemization was obvious, and the application scope was further expanded. This makes technological innovation become the main driving force for the survival and development of enterprises, and talent has become a decisive factor in corporate competition. The electric instrument industry is shifting from labor-intensive to technology-led.
(Original title: Smart Grid Brings Opportunities to the Electric Instrument Industry)

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