Temperature Instrument: Market Acceleration and Centralized Brand Effect Highlighted

In the past two years, China's temperature instrument market has been affected by the overall weakness of the medium and large-scale project-based industry market, inadequate pull of the stock market demand and other factors, and the market size has slightly declined compared with the same period last year. The overall market concentration was strengthened, and the market share of TOP10 manufacturers represented by Emerson and E+H increased year by year. 

Industry demand is weak and growth rate is declining

Affected by factors such as energy structure adjustment, system reform adjustment and overcapacity of the industry, the construction of project-based industry market projects mainly used in petrochemical, chemical, electric power, metallurgy, paper-making and other thermometers has been slow in 2014. The market is dominated by small and medium-sized transformation projects, which makes it difficult to stimulate the overall market growth of thermometers. People's livelihood-related food and beverage industry and municipal industry are affected by the macroeconomic downturn and the growth rate of the industry market has slowed down.

The market share of TOP10 manufacturers in the overall market of temperature instruments has been increasing year by year, and the market share of brand manufacturers such as Emerson and E+H has been continuously increasing.

In the temperature sensor market dominated by Chuanyi, Tiankang and other brands, the product type is single and the market is highly homogeneous. In the case of the depressed industrial economic environment, the price competition becomes more intense. The price competition in the domestic middle and low-end market becomes more obvious. Some small-scale temperature sensor manufacturers have reached the bottom of the price drop space and their performance has seriously shrunk and lack of growth power. 

In the market of temperature transmitters dominated by foreign brands such as Emerson, E+H, Moore, the degree of homogeneity of products is low. Diversified product services and personalized solutions to some extent ease the fierce price competition. In the downturn of the industrial economic environment, the leading enterprises'brand advantages and service capabilities are more prominent, and their market share is expanding rapidly. Emerson is the most typical one.

Small Growth of Temperature Instrument Market in the Future

With the adjustment of industrial structure, environmental protection management, acceleration of resource integration and continuous improvement of industrial automation level, the temperature monitoring points will be further increased while the newly built and renovated projects are gradually warming up, which will stimulate the market demand for thermometer products to expand gradually. From 2015 to 2018, China's temperature instrument market is expected to maintain a growth rate of about 5%.

Temperature sensor, as a basic component product, is difficult to have the fundamental improvement of product technology. However, it is an inevitable trend for the development of products to improve the stability of sealing structure and improve the raw materials of products.

Products tend to be multi-channel monitoring, wireless and integrated.

With the continuous development of automatic integration technology and communication technology, the products of temperature transmitters are becoming more and more diversified.

The trend of multi-channel temperature acquisition: With the popularity of temperature wave meters and the emergence of multi-point application monitoring requirements, without strict real-time monitoring and interlocking device detection requirements, multi-channel temperature transmitter can achieve multi-channel temperature acquisition through Modbus bus. Its main advantage is cost savings and convenient wiring. At present, it is gradually applied in the field of temperature monitoring of boilers and industrial furnaces.

Temperature integration: Integrated temperature sensor, with its simple structure, convenient wiring and strong anti-interference advantages, is widely used in chemical industry, medicine, Municipal Industry (municipal heating, sewage treatment).

Wireless temperature transmitter: On special equipment such as rotary kiln, which can not be directly connected, wireless temperature transmitter solves the problem of wiring and wiring well. Its disadvantage is high cost and high anti-interference requirement. With the continuous development of wireless communication technology, its product stability and anti-jamming function are constantly improving. In the long run, wireless temperature transmitter is an important product development trend.