 Home > Chemicals Industry > China Chemical > The new "blue ocean" market has come, and the localization process of high-end electronic measuring instruments has accelerated

The new "blue ocean" market has come, and the localization process of high-end electronic measuring instruments has accelerated

 Last Update: 2022-05-20
 Source: Internet
 Author: User

Tags

table science

electronic adhesive

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Chemical Machinery and Equipment Network Industry Dynamics Chemical Machinery and Equipment Instrumentation

As the basic equipment of modern industry, test and measurement instruments are mainly used for scientific research and product development
.
Its downstream applications are extensive, covering communications, semiconductors, aerospace, automotive electronics, medical electronics, consumer electronics, education and scientific research and other industries
.
Benefiting from the growth of the global economy and the improvement of the level of industrial technology, the global electronic measuring instrument market has maintained an upward growth trend.
It is expected that the global industry will welcome a market space of 100 billion in 2025
.

Electronic measurement

Looking at the domestic market, China's general electronic test and measurement instrument companies are generally relatively late in development, and due to relatively high technical barriers, there are few companies that can compete with foreign countries in mid-to-high-end instruments
.
At the same time, due to changes in the international environment, the domestic market has an increasingly strong demand for domestic substitution and independent control of mid-to-high-end general-purpose electronic test and measurement instruments
.

As a basic and strategic industry, electronic measuring instruments have a special status and a vital role in the development of science and technology and the improvement of comprehensive national strength of each country
.
In recent years, China has provided more systematic policy support for the instrumentation industry.
The National Natural Science Foundation of China has set up a special project for "development of major scientific research instruments", the Ministry of Science and Technology has set up a special project for "development of major scientific instruments and equipment", and the Ministry of Industry and Information Technology has implemented a number of development policies.
Guide and support instrumentation enterprises to implement enterprise upgrading and technological transformation
.

In addition, at the beginning of 2022, China's Science and Technology Progress Law was officially implemented, taking independent innovation as China's strategic basis, emphasizing the main role of enterprises in technological innovation, and mobilizing and protecting the enthusiasm of scientific and technological personnel to innovate.
It provides an important legal guarantee for the advancement of science and technology in the whole society
.

Benefiting from the strong support of China's policies and the rapid development of new downstream industries, China's electronic measuring instrument market has grown rapidly in recent years.
The Chinese market of electronic measuring instruments accounts for about one-third of the global market and is the most important in global competition.
one of the markets
.
According to Frost & Sullivan's "Global and China Electronic Measuring Instrument Industry Independent Market Research Report", the market size of China's electronic measuring instruments is expected to reach 42.
288 billion yuan in 2025
.

　　Under the resonance of supply and demand, Puyuan Jingdian, a domestic electronic measuring instrument company, has continuously accelerated the process of self-developed productization, quickly seized the blue ocean market share of global high-end products, and further opened up room for performance growth
.
Benefiting from the sales growth of high-end products and the steady growth of direct sales/large customer business, in the first quarter of 2022, Puyuan Jingdian achieved revenue of 116.
6562 million yuan, a year-on-year increase of 26.
28%; the net profit attributable to listed companies was 4.
2791 million yuan, compared with the same period last year.
An increase of 16.
4558 million yuan in the same period last year
.

　　With the commercialization of 5G, the increase in the market share of new energy vehicles, the development of information communication and industrial production, and the revitalization of the electronic information industry, policies and guidelines such as the plan for the revitalization of the electronic information industry will further expand market demand, providing a new blue ocean market for electronic measuring instruments
.
At the same time, enterprises in the field of general electronic measuring instruments accelerate the iterative upgrade of innovative products, and the market competition pattern will further intensify
.

　　In the first quarter of 2022, Puyuan Jingdian's precise layout for high-end increments of downstream customers will further promote the company's research and development and industrialization of high-end products and new products, strengthen its competitiveness in the high-end market, and narrow the gap with international large enterprises.
, and better integrate into the global competition pattern
.

　　Original title: The new "blue ocean" market is here, and the localization process of high-end electronic measuring instruments is accelerated

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.