DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4b41db/china_instrument_a) has announced the addition of the "China Instrument and Meter Industry Report, 2011-2012" report to their offering.
Instrument and meter industry covers a wide range of areas and mainly includes about 20 industry segments such as analytical instrument, industrial automatic control system, optical instrument, electric instrument and meter, automobile instrument and environment monitoring instrument. In recent years, the growing Chinese economy has promoted the development of instrument and meter sub-industries.
From 2006 to 2010, the CAGRs of total industrial output value and sales of Chinese instrument and meter industry achieved 21.70% and 21.73%, respectively. In 2011, the total industrial output value of the whole industry increased 28.18% YoY to RMB609.855 billion, and the sales rose 28.21% year on year to RMB591.334 billion, which is mainly attributable to the following two aspects. On the one hand, the flourishing Chinese economy has boosted the demand for instrument and meter; on the other hand, the favorable policies introduced by the Chinese government have stimulated the industry vitality.
Key Development Strategies of Chinese Companies:
- Increasing the investment in R & D and establishing competitive edge in certain segments.
- Coordinating with the large-scale projects of the government and large enterprises to develop new products and establish stable downstream sales channels.
Key Development Strategies of Foreign Multinationals:
- Increasing investment in China to enhance the localization and competitiveness of their products.
- Transferring R & D activity to China and taking advantage of Chinese human resources to improve their R & D capabilities and develop the products catering to the Chinese market.
KEY TOPICS COVERED
- Production, sales, profit, fixed asset investment and development environment of Chinese instrument and meter industry;
- Import & export of the whole industry and some products;
- Development status of Chinese instrument and meter production areas, including output, sales, profit, import & export and regional planning;
- Enterprise competition of each market segment, including major products and market share of related enterprises;
- Operation, project planning, R&D and forecast of 5 comprehensive multinational foreign enterprises and 8 Chinese companies.
For more information visit http://www.researchandmarkets.com/research/4b41db/china_instrument_a