The market is dominated by domestic suppliers, as imports account for 35.7% of total market size in 2024. B2B drives market demand, with B2B spending representing 100.0% of total demand in 2024. China has the largest market size for appliances for measuring, navigating and testing regionally, with demand reaching USD152 billion in 2024. Ningbo Sanxing Medical Electric Co Ltd is the largest company in China, generating 1.2% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 3.7% of total production value in 2024. The total number of companies increases in 2024, to 260,582 units. The costs of the industry increase by 2% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 7.5% of production value in 2024, the 19th highest regionally. The industry’s exports share increases in 2024 to 16.9% of total production output. With production value of USD95.1 billion, China accounts for 57.8% of the Asia Pacific total in 2024.
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This Euromonitor industrial report provides unique information on Appliances for Measuring, Navigating and Testing in China: ISIC 3312. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Appliances for Measuring, Navigating and Testing in China: ISIC 3312 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Hi-tech Goods in China report includes:
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- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
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Appliances for Measuring, Navigating and Testing in China: ISIC 3312
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Hi-tech Goods
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
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