Industry Analysis & Industry Trends
The Scientific Instrument Manufacturing industry is a supporting industry to many important upstream industries in the Chinese economy. Scientific instruments have wide applications in industry, agriculture, traffic, science, environmental protection, national defense, and education. They are also play an essential role in the continued development of China into a technologically advanced society.
In 2009, with the deepening global financial crisis, downstream industries, such as electronic apparatus and specialized equipment manufacturing, were negatively affected. This negative trend continued through 2010.... purchase to read more
Industry Report - Industry Analysis Chapter
The Scientific Instrument Manufacturing industry in China provides instruments and equipment for the production of various kinds of electronic apparatus, automobiles, motorcycles, machine tools, machinery and other equipment. The industry has experienced rapid development over the past five years.
With environmental protection becoming more important in China and abroad, demand for environmental control instruments has been one of the fastest-growing product segments.
Industry revenue and profitability
Industry revenue increased from $7.3 billion in 2007 to an estimated $17.1 billion in 2012, an annualized increase of 18.5%. In 2011, the industry was negatively affected by the European debt crisis. That year, exports decreased 2.6%... purchase to read more