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If the investment in technology and quality increases, the demand for instrumentation will also increase. On the contrary, if the degree of emphasis on technology and quality is reduced, the demand for instrumentation will also be reduced. In the context of the financial crisis, the country’s investment in energy and chemical industries has declined significantly. At the same time, due to the economic downturn, companies’ investment in science and technology and quality have also declined to varying degrees. The reduction in investment in these two areas directly led to a drastic reduction in the demand for instrumentation and instrumentation; in terms of exports, the export rate of 30% of the products determines that the industry is greatly affected by the fluctuations in the international market and also determines the recovery of the industry. The speed will not be fast.
The measures taken by the country to stimulate the economy will benefit the instrumentation industry. The country’s 4 trillion yuan in investment has brought development opportunities to many industries and companies. However, compared with home appliances, automobiles, and other industries, the instrumentation industry’s financial support is indirect and lagging far behind.
The industry itself is less adaptable to economic adjustment. The product structure that has been formed for a long time determines that the instruments and meters industry must combine with economic structural adjustment in this recovery. Jia Jiacheng, for example, said: “Now the wind power industry in China is developing rapidly, but the control systems of wind turbines are all imported. In addition to wind power, nuclear power and other new energy industries, there are many traditional instruments and meters imported from abroad. Many companies are now working on the issue and are striving to make energy conservation, emission reduction and new energy a new growth point in this round of adjustments."
The characteristics of the instrument industry itself are the causes of the slow development
The growth of the industry's development needs is slow. The development of an industry depends on the pull of the industry's three major needs. "Every industry needs development, and it cannot do without rigid demand, development demand and export demand." Jia Jiacheng explained that rigid demand refers to the maintenance of basic production and life; development needs refer to the need to expand the reproduction. The export demand is the product export situation. For the instrumentation industry, rigid demand accounts for a small proportion of the total demand, because the vast majority of instrumentation has a long service life and does not need to be replaced frequently; development needs account for a large proportion of the entire industry demand. Reflected in the energy, chemical and other industries, the demand for instrumentation and the state, the company's investment in science and technology, quality aspects.