Last year, China's flow meter scale decreased year-on-year

The flow meter is one of the indispensable instruments in the process field. Because of its huge number of installations and high price, this product is the largest one in the market. From 2006 to 2008, China's flow meter market has been increasing year by year, especially in 2007, with a growth rate of 12.5%. Due to the outbreak of the global financial crisis in 2008, the growth rate of China's flow meter market has declined.

In 2009, the overall size of China's flow meter market was 4.24 billion yuan. Due to the depression of some project-based markets, the figure was down 2.1% year-on-year in 2008. The main product market performance is:

In 2009, the electromagnetic flowmeter market contracted due to the shrinking demand for metallurgy and the increase in demand of the municipal industry. The market scale of this product has the smallest decline, which is about 0.6%, and its market size is 840 million yuan.

In 2009, the approval, reconstruction and redevelopment of some large- and medium-sized projects all experienced delays or postponements. The market scale of mass flow meters based on the petroleum and petrochemical industries was 760 million yuan, a decrease of 5.0%.

In 2009, the market size of vortex flowmeters was 280 million yuan, a decrease of about 1.8%. The market for vortex flowmeters in the municipal and oil and gas industries increased, and the chemical, petrochemical, and metallurgical industries contracted.