China's instrumentation industry and international giants

1. Income continues to decline

Since 2018, affected by the slowdown of macroeconomic growth, the main business income of my country's instrumentation industry has continued to decline. According to data released by SIIA, my country's instrumentation industry has achieved main business income of 766 billion yuan in the whole month of 2020. The latest Data show that the operating income from January to August 2021 will reach 541.93 billion yuan.

2. The operation of the industry is relatively stable

In 2020, the instrumentation industry will achieve sales revenue of 766.000 billion yuan, a year-on-year increase of 3.50%; the total profit will be 73.416 billion yuan, a year-on-year increase of 11.65%. On the whole, the operation of the instrumentation industry is relatively stable.

3. The degree of import dependence is high, and the state dominates import substitution

China's instrumentation industry is developing rapidly, but the supply capacity of high-end products is still lacking. The annual import of high-end products from abroad is close to 100 billion US dollars, and it faces the risk of being cut off at any time.

It is of strategic significance to improve the localization rate and domestic substitution of high-end analytical instruments. In recent years, my country has intensively issued industrial policies involving the instrumentation industry and related application fields.

Buyer's demand - high market share of automation instrumentation

Automation instrument manufacturing. Data show that in 2020, the operating income will be 282.97 billion yuan, a year-on-year increase of 5.50%, accounting for 36.9% of the overall market structure. The second and third places are optical instrument manufacturing and electrical instrument manufacturing, respectively, with operating incomes of 81.94 billion yuan and 80.12 billion yuan respectively, accounting for more than 10% of the market.

Optical, electrical, electronic instruments, etc. have higher profit margins than the industry

From January to November 2020, in my country's instrumentation subdivision industry, the subdivided industries with profit margins exceeding the overall profit margin of the industry are optical instruments, electrical instruments, electronic instruments, supply instruments, analytical instruments, other general instruments and other special instruments. Among them, the profit rate of analytical instruments is 17.56%, which is higher than that of other sub-sectors. The profit rate of electronic instruments and electrical instruments ranks second and third, which are 15.09% and 13.84% respectively.

Core fields and products of major pressure measuring instruments groups

Emerson

The technology level is leading in the world, and it has strong competitiveness in the domestic high-end market, especially in the field of system integration and general contracting services.

Mainly include pressure/differential pressure transmitters, temperature instruments and temperature transmitters, level instruments, Coriolis mass flowmeters, vortex flowmeters, electromagnetic flowmeters, natural gas (ultrasonic) flowmeters, analytical instruments, regulating valves and other products.

Yokogawa

The technical level is leading in the world, and the products have entered the domestic market for more than 20 years, and the market share of high-end automation control panels, desks, cabinets and services is relatively high.

The company's main products include DCS CENTUM CS3000 system, programmable controller, new paperless recorder, intelligent pressure/differential pressure transmitter, vortex flowmeter, electromagnetic flowmeter, mass flowmeter, metal float flowmeter, temperature transmitter products such as actuators and valve positioners.

ABB

The technology level is leading in the world, and each individual product has a great competitive advantage in the high-end market. Although the price is much more expensive than domestic products, its products have high reliability and high adaptability.

The company's main products include Industrial IT System 800xA control systems, pressure/differential pressure transmitters, actuators and positioners, electromagnetic flowmeters, vortex flowmeters, Coriolis mass flowmeters, thermal mass flowmeters and rotameters and other products.

Siemens

The technology level is internationally leading, and it has done better than other competitors in the two fields of process automation instrument products and process analysis system products.

The company's main products include large PLC, small PLC, DCS, pressure/differential pressure transmitter, temperature transmitter, electromagnetic flowmeter, Coriolis mass flowmeter, ultrasonic flowmeter, rotor flowmeter, level instrument and valve positioner and other products.

Shanghai Automation Instrumentation Co., Ltd.

It is a domestic listed company and one of the large-scale comprehensive automation equipment manufacturing enterprises in China. It belongs to one of the three original instrument manufacturing bases in China. At present, the company's product update speed is slow, and the main customer is the parent company.

The company's main business is the manufacture of automated instrumentation and control systems and complete sets of systems. The main products include temperature instruments, pressure instruments and pressure switches, pressure/differential pressure transmitters, recorders, DCS, electric actuators, regulating valves, Level instruments and other products.

Chongqing Chuanyi Co., Ltd.

At present, China's most comprehensive and largest comprehensive automation control instrument company with the most comprehensive technology and continuous upgrading of products has the strength to compete with foreign businessmen

Mainly engaged in industrial automatic control system devices and complete sets of engineering business, its main business can be divided into system integration and general contracting services and 7 individual products, namely intelligent actuators, intelligent transmitters, intelligent control valves, intelligent flow meters , temperature instruments, control equipment and devices and analytical instruments.