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Data shows that in the next few years, the demand for electrical instrumentation in the domestic market will remain at around 60 million units (sets). Among them, the power sector needs 54 million units (sets), and other departments need 6 million units (sets).
From the perspective of product structure, there are 48 million electric energy meter products, 7 million electric energy meter products, 2.5 million portable energy meters, 1.5 million digital instruments, and 1 million other meters.
The demand structure of various types of products is also changing. The proportion of electronic energy meters in electric energy meter products will gradually increase from the 2 million units in the early period of the “10th Five-Year Plan†period to 12 million units in the final stage.
The technical content of installed meters, portable meters, and digital meters will also increase, and product levels will continue to increase. Therefore, although the total annual product demand will not change much in recent years, the total sales volume will continue to increase. The annual growth rate is expected to be 8%.
The market's demand for precision meters will tend to shrink, and the overall demand for portable meters will also decrease. The requirements for this product are mainly focused on the appearance of the instrument, structural design, expansion of application areas, and improvement of reliability. The focus of digital instrument development is to improve reliability.
Demand Forecast and Price Trend of Instruments and Meters At present, the domestic production capacity of electrical instrumentation products has been seriously excessive, and the entire industry is in a state of low profit. However, the cost-effectiveness of some high-tech products (such as electronic energy meters, etc.) will have a clear competitive advantage over older products. 
Domestic demand exceeds 60 million units
The demand for our instruments and meters is constantly rising. According to incomplete statistics, the demand for domestic instruments and meters exceeds 60 million units. The following is a brief introduction to the sources of these instruments and meters.