In January-June 2017, the output of electrical instrumentation was reduced by 13.9% to 98,000 units.

[China Instrument Network Instrument Market] Electrical instrumentation is an important branch of the instrumentation industry. The total output value of China's electrical instrumentation industry ranks second in the instrumentation industry, and most of the technologies have independent intellectual property rights and are one of the industries with the highest localization rate. According to statistics, in June 2017, the output of electrical instrumentation in China was 2016.3 million units, a year-on-year decrease of 9.7%; the cumulative production from January to June was 98.063 million units, a cumulative decrease of 13.9%.

June 2016 to June 2017 China's Electrical Instrument Production Statistics
time
Electrical instrumentation output current value (10,000 units)
Electrical instrumentation output cumulative value (10,000 units)
Electrical Instrumentation Output Increase (%)
Electrical instrumentation output cumulative increase (%)
June 2017
2016.3
9806.3
-9.7
-13.9
May 2017
1727.3
7818.4
-20
-14.3
April 2017
1705.2
5961.3
-11.8
-12.4
March 2017
1753.5
3844.2
7.9
3.3
February 2017
2031.5
0.1
December 2016
1811.2
20411.7
7.9
18.5
November 2016
2025.9
18400.3
28
18.4
October 2016
1631.6
16264.1
19.4
15.5
September 2016
1733.7
14503.3
12.7
21.3
August 2016
1741.2
12770.9
20.1
22.8
July 2016
1786.7
11065.1
24.3
24.9
June 2016
1867.7
9243
10.4
24.5

In recent years, China's electrical instrumentation industry has benefited from the development of the power industry, the transformation of urban and rural power grids, and the construction of smart grids, becoming one of the fastest growing sub-industries in the instrumentation industry.
According to the data of the “China Electric Instrumentation Industry Development Prospects and Investment Analysis Report”, the total annual production of electrical instrumentation in China in 2016 was 20,417,000 units, a cumulative increase of 18.5%. In June 2017, the output of electrical instrumentation in China was 2016.3 million units, a year-on-year decrease of 9.7%, and cumulative production from January to June was 98.063 million units, a cumulative decrease of 13.9%.
After more than 50 years of development, China's electrical instrumentation industry has formed a global-scale industrial cluster. The production and sales volume of electric energy meters and portable digital multimeters ranks first in the world, and it has become one of the industries with the highest national productivity. The current export rate is over 15%.
Since 2009, the state has fully started the construction of smart grids. As an important node connecting the grid and users, the smart energy meter plays a pivotal role and has become a key link and pioneer in realizing the characteristics of smart grid informationization, automation, and interaction. It has directly affected the power. The development space and trend of the watch industry are of great significance to the promotion of the Chinese electric energy meter industry.
(Original title: Production of 98.063 million electric instruments in the first half of 2017)

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LITE Crane Co., LTD has focused on top quality Crane Parts for over 14 years in China. We started as a small operation, but now have become one of the leading suppliers in the crane industry in China.

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Besides our existing molded products, LITECrane Co., LTD also can produce products according to the drawings or samples from our customers. We control the product quality critically for every step during the manufacturing from custom. 



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