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1. Tangshan Dafanghuizhong Instrument Co., Ltd. Tangshan Dafanghuizhong Instrument Co., Ltd.
Tangshan Dafanghuizhong Instrument Co., Ltd. is a high-tech enterprise specializing in the research and development, production, and sales of ultrasonic and electromagnetic current measurement products. Here is detailed information about the company: Company background and history: The company was founded in February 2002 and its history can be traced back to Tangshan Dafang Electronic Technology Development Company in December 1992. As a state-owned holding enterprise of Tangshan Research Institute of middling coal Technology and Industry Group, it is registered in the High tech Development Zone and recognized as a high-tech enterprise by the Science and Technology Commission of Hebei Province. Technical Status: The company has participated in drafting the "Ultrasonic Flow Meter Calibration Regulations" of the Ministry of Construction and the "Ultrasonic Flow Meter Standards" of the former Ministry of Coal, and has a significant position in the field of ultrasonic flow measurement technology, maintaining technological leadership. Product series: The company has developed five series and nearly twenty products, including LZD electromagnetic flowmeter, LCZ series digital time difference ultrasonic flowmeter, LCZ803 Doppler ultrasonic flowmeter, LCM2000 series open channel flowmeter, and LCY2000 series ultrasonic level meter. Among them, innovative products such as plug-in transducers and explosion-proof flow meters have also obtained national utility model patents. Application areas: The companys products are widely used in multiple industries such as tap water, electricity, metallurgy, petroleum, chemical, environmental protection, coal, transportation, etc., with a sales network covering the whole country. Market competitiveness and influence: Tangshan Dafanghuizhong Instrument Co., Ltd. is committed to providing high-quality and efficient flow measurement solutions for users in various industries, demonstrating strong market competitiveness and influence in terms of product quality and technological research and development.
2. What is the market size of ultrasonic electromagnetic flow meters?
Currently, ultrasonic flow meters and electromagnetic flow meters are the two main categories in the flow meter market in China. The market size of the two and the overall growth of the flow meter market are as follows:
1. Market status in 2023 • Ultrasonic flow meters: sales revenue of about 18 billion yuan, accounting for 40% of the total market of intelligent flow meters during the same period • Electromagnetic flow meters: sales revenue of about 12 billion yuan, accounting for 26.7% of the total market of intelligent flow meters during the same period - the overall market size of intelligent flow meters is about 45 billion yuan (180/40%).
Market Forecast for 2025- The overall market size of flow meters in China is expected to reach 45 billion yuan. Electromagnetic flow meters are expected to account for 35% of the total market, and the market size of intelligent electromagnetic flow meters will exceed 4.56 billion yuan, with a compound annual growth rate of 7.2%. Ultrasonic flow meters are expected to increase their market share from 10% to 18% Market Forecast for 2030- The overall market size of flow meters in China is expected to grow to 85 billion yuan. Electromagnetic flow meters: The market share will further