According to the Instrument Industry Association , said the domestic market for electronic measuring instruments fast development in recent years , in 2003 sales of about 2.8 billion yuan of domestic enterprises , annual growth rate of 22.4% ; 2003 Electronic Measuring Instruments imports amounted 1.005 billion U.S. dollars , annual growth rate of 26.7%. Fifteen period, the state will develop the information industry to a strategic height , using information technology to stimulate industrialization , becoming an important opportunity for the development of the information industry . Information industry development, production and maintenance of the basic means of electronic measurement instruments, to predict information products for electronic measuring instruments will have greater development in the next five years will continue to maintain a 20 % CAGR to 2008 domestic electronic measuring instruments sales are expected to reach 70 billion yuan.

In addition, the rapid development of China's home appliance products , such as digital TV, DVD, multimedia products, such as the development and mass production of household appliances, electronic measuring instruments will bring greater development needs.

Electrical measuring instruments

Electrical measuring instruments industry after decades of development, has formed a certain scale of production and capacity , the product has reached a certain level , bulk products can basically meet the domestic market demand, its market share above 95% . Fifteen periods , the market for high overload , long life, electronic, digital product demand increases, while requiring product standardization, serialization, universal and good cost performance. Induction meter which demand will gradually transition to the 25 to 30 years, life expectancy, more than six times overload meter, electronic meter demand will increase further. Meanwhile , the use of centralized automatic meter reading system for the implementation of remote meter reading for each user is a trend . 2003 domestic electrical measuring instruments business sales amounted to 11.566 billion yuan , an annual growth rate of 35.9% ; 2003 electrical measuring instruments amounted to 215 million U.S. dollars of imports , annual growth rate of 40.1 % over the next three to five years electrical measuring instruments instrument product market demand will increase , electrical instrumentation annual demand will exceed 60 million units ( sets ) . Where: Meter demand 48,000,000 units, 7,000,000 units installed meter , portable meter 2,500,000 units, 1.5 million digital meters , other instruments needs 100 million units. The structure of demand for each product is also changing, electronic meter meter products will gradually increase the proportion of , electronic meter to 2008 account for more than 40% ; installation meter , portable meter , digital meter technology content will also increase the product level escalating. Thus the next 3 to 5 years, although total annual demand will not change much , but it will continue to increase total sales . The next 3 to 5 years , the entire electrical instrumentation product sales will increase 10 percent per year , of which 90% electricity sector demand , demand in other sectors accounted for 10%.

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