The market potential of the flowmeter is very large.
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The market potential of the flowmeter is very large.

The market potential of flow meters is huge
1. Overview of flowmeter product manufacturers
The manufacturers of flowmeter products that accept this survey are mainly small and medium-sized enterprises, and the number of employees ranges from 10 to 100. Second, nearly 50% of manufacturers began to produce flowmeter products 95 years ago, a long history. To a certain extent, this also reflects the technology and development of China's flowmeter products. The surveyed flowmeter manufacturers in this survey generally believe that the technical level is more important in the industry, and that the industry threshold is not high. On the one hand, the development of flowmeter technology has become increasingly mature, and China's flowmeter production and research technology level is not lower than the international advanced level. On the other hand, although China's flowmeter manufacturers are mainly concentrated in Jiangsu, Zhejiang and South China, the number is large, and the quality of their products varies greatly. This is the result of “the threshold is not high” and it is also the reason.
2. Market and sales
The market areas of the surveyed flowmeter manufacturers are mainly in East China, North China and South China. This result is related to the current development of China's regional economy. Throughout the country, the economies of the above three regions are relatively developed, various economic entities are concentrated, and the level of household consumption is relatively high. The market promotion methods adopted by flowmeter product manufacturers mainly focus on “establishing corporate websites” and “magazine advertisements”. In addition, most flowmeter product manufacturers do not have branches or offices in various regions and cities, and the sales channels are mainly based on manufacturers' direct sales.
3. Competition status
The results of this survey show that the competition status of the entire instrumentation industry is similar to the competition status of the flowmeter product market. The factors such as product price, quality and after-sales service are very important. In addition, most manufacturers said that the company has a product research and development department, and the research level is in the middle. The result is related to the size of the vendors surveyed (mainly based on small and medium-sized enterprises).

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