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China's Measuring Tool Industry Develops Maturely with Great Market Potential

By , 2008-03-08 12:00:00

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With tens of years of development, China has become the second largest producer of measuring tools in the world, only behind Japan. At present the measuring tools industry has established a modern industrial system of considerable size with comprehensive categories. According to incomplete statistic, the number of manufactures engaged in this line has reached more than 400, among which about 100 engaged in producing measurer.
The gross industrial output value of measuring and cutting tools in 2006 has reached 24.489 billion RMB, a rise of 28.3 percent on the same period of 2005 and the sales has come to 23.045 billion RMB, up 27.7 percent. 
 
The measure industry is coming to the forefront in the export of electromechanical products, and its features of high value-added, highly- technological and optical-mechanical integration have attracted more attention. According to statistics, the export amount of measurer takes 41.36% of the total sales amount of electromechanical products, the export value amount to 2.24 million yuan, about 43.53% of the total value. Recent years, the industry has been expanding at an annual rate of 6%. And the growth of digimatic caliper is amazing, the average annual growth rate reaching 60%. 60% digimatic calipers are for export.
 
 At present, the digimatic rate in developed countries has reached 50%, still the rate is increasing. With the development of new technology, the digimatic caliper will become more accurate, more convenience, more comprehensive application and lower cost. According to the developing plan of international industry giants, the output of measuring tools will increase at the rate of 25% every year. Even at such a speed, the total turnout in the world can only reach 11.50million sets by 2010, yet it can't meet the great demand.
 
At the moment , the digimatic caliper industry in China has formed the basic condition to compete with the advanced international manufactures and the prospects are quite good. It is not hard to see that the digimatic caliper in China will develop quickly over the next five years.
 

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