BEIJING, May 25 /PRNewswire-Asia/ -- Frbiz.com, one of China's leading B2B search platforms, comments on the analytical instrument industry.
Frbiz reports that in 2009, industrial sales output of analytical instruments, including industrial process equipment, laboratory analytical instruments and environmental monitoring industrial instrumentation, maintained steady growth; however, the year-on-year increase was significantly lower than in 2008. In export value, environmental monitoring instruments maintain modest growth, while the other two showed negative growth.
As an integral part of the instrumentation industry, analytical instruments, despite the financial crisis sweeping the globe today, still maintain good development momentum. China's analytical instrument market's rapid growth is directly related to the state's concerns over food security, environmental and ecological protection, disease prevention and control, product quality monitoring, production safety and the monitoring of major natural disasters.
The overall industry grew steadily despite a significantly lower year-on-year growth rate.
Frbiz's data shows that environmental monitoring instrumentation output is worth more than 9.2 billion yuan, a year-on-year increase of 28.85%, while sales value reached 9.121 billion yuan, a year-on-year increase of 30.82%.
In the analytical instrument industry, environmental monitoring instrumentation has shown the fastest growth. This is mainly because of environmental protection and energy saving work that is part of long-term development plans in China. These plans saw the introduction of mandatory policies and incentive policies to promote the popularization and application of environmental monitoring instruments. With 2008's melamine incident, the food safety monitoring equipment market also showed a significant growth increase.
Analytical instrument imports continue to increase, exports decline.
China's national instrument import and export industry as a whole is showing negative growth, with analytical instrument import and export numbers falling year on year. Industrial process analysis instrument imports equalled 44 million U.S. dollars while export volume reached 33 million U.S. dollars; experimental analysis instrument import volume reached 2.7 billion U.S. dollars while export volume was 600 million U.S. dollars. The National Instruments Import and Export trade deficit of 10.2 billion U.S. dollars declined 1.7 billion U.S. dollars compared with 2008.
The high volume of imports of Analytical instruments is because they require high technology, large R&D investment and a long R&D cycle, which, for domestic enterprises, is a huge challenge. Domestic enterprises generally lack their own technology, high-end products with original innovation, and serious and adequate R&D input. This leads to a lack of high-end analytical instrumentation development from domestic enterprises. In the short term, China's domestic enterprises will not be able to produce high-end products that will meet the domestic market demand.
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SOURCE Frbiz.com
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