Analysis and Forecast of China Smart Meter Market, 2013-2017

Published: Oct, 2013 | Pages: 80 | Publisher: Huidian Research
Industry: Power | Report Format: Electronic (PDF)

At present, for the meters being used including the industry, commercial and household meters in the world, the users are numerous, with about 1.7 billion sets of meter. If all these meters are upgraded into the smart meter, the market scale is quite considerable. For 2012, the global shipments of smart meter reached 100 million sets rising by 31.6% compared with 2011; the market scale of global smart meter reached USD 7 billion in 2012.

In 2012, the total shipments of China's meters were 110.6 million sets including 98.5 million sets of smart meter. As the smart meter market developed rapidly in 2010 and 2011, the manufacturers of energy meter sequentially expanded the production capacity; now in order to guarantee the utilization rate of production capacity, they accelerate to expand the overseas market one after another.

In 2013, the output of China's meters is estimated to increase to 120 million sets and 91% of them will be smart meter. In the next few years, China's smart meter market will continue to grow with the compound annual growth rate of 9.5%; with the acceleration of replacement speed, the output of ordinary meters will rapidly decline and it will nearly disappear by 2016.

Now the replacement of domestic meters is mainly led by the State Grid. According to the 2010 Planning of the State Grid, in order to meet the replacement demand of domestic meter, the State Grid will accomplish the installation bidding of 222 million sets of smart meter before 2014 and achieve the full coverage of users in the direct-supply and direct-management regions. But the actual bidding progress far exceeds the plan issued at the beginning of this year by the State Grid; at present, 192 million sets of meter accomplish the bidding including about 184 million sets of smart meter.

As the 12th-Five-Year Planning puts the smart grid as the key development direction, the State Grid will also comprehensively accelerate the development of strong smart grid. For smart meter, as the important part of the smart grid, the demand for them will rapidly expand; China will install 230 million sets of smart meter by 2015.

With the deepening of rural grid transformation, the basis for the rural region to implement the price ladder is forming following the urban region. The 250 million sets of smart meter bidding plan for the rural grid is expected to be launched in 2013H2; the bidding volume is equivalent to that of urban grid meter bidding from 2010 up to now. It is estimated the bidding will sustain about three years until 2016. According to the usual replacement cycle of meters, at that time the new round of urban grid meter replacement will begin.

 1. Overview of Smart Meter Industry 
1.1 Overview 
1.1.1 Product Overview 
1.1.2 Working Principle 
1.1.3 Main Categories 
1.1.4 Application Advantages of Smart Meter 
1.2 Industrial Chain 

2. Development Overview of Global Smart Meter 
2.1 Development Status Quo 
2.2 Market Regional Distribution 
2.3 Development in Major Countries 
2.4 Development Forecast of World Smart Meter Industry 

3. China's Smart Meter Environment 
3.1 China's Economic Development Environment 
3.2 Industry Related Policies, Standards, Laws and Regulations 
3.2.1 The State Grid Issuing Smart Meter Technology Standards 
3.2.2 Suggestions on Accelerating to Promote the Construction of Strong Smart Grid 
3.2.3 Smart Meter to Implement New Standards 
3.3 Chinese Domestic Smart Meter Technology Level 

4. Development Status Quo of China's Smart Meter Industry 
4.1 Development Characteristics 
4.1.1 Electronic Energy Meter Occupying the Leading Position of China's Energy Meter Market 
4.1.2 Smart Meter to Become the Future Development Mainstream of the Industry 
4.1.3 International Market Having Become the Important Sales Market of China's Energy Meter 
4.1.4 Industry Competition Becoming Increasingly Fierce; Mergers and Acquisitions to Be Imperative 
4.2 Supply Status Quo and Trends 
4.3 Demand Status and Forecast 
4.4 Development Limitation Factors 

5. Competition Status of China's Smart Meter Industry 
5.1 Competitive Pattern 
5.1.1 Market Concentration Ratio of Level 2 Single-Phase Smart Meter 
5.1.2 Market Concentration Ratio of Three-Phase Smart Meter 
5.2 Competitive Trends 
5.2.1 Industry Standards Formulation: Competing in the Technology Upgrading 
5.2.2 Industrial Chain Integration: Competing in the Improvement of Industry Concentration Ratio 
5.2.3 Smart Grid Construction: Competing in the Product Upgrading 

6. Upstream and Downstream of the Smart Meter Industry 
6.1 Upstream Raw Materials Industry 
6.1.1 IC (Integrated Circus) 
6.1.2 Electronic Components 
6.1.3 Magnetic Materials 
6.2 Chinese Domestic Smart Grid Industry 
6.2.1 Development Status Quo 
6.2.2 Conglomeration Development Status Quo and Planning 
6.2.3 Development Trends 

7. Import and Export Statistics of Smart Meter Products 
7.1 Imports and Exports of Single-Phase Induction Meter, 2010-2012 
7.2 Imports and Exports of Three-Phase Induction Meter, 2010-2012  
7.3 Imports and Exports of Single-Phase Electronic (Static) Meter, 2010-2012 
7.4 Imports and Exports of Three-Phase Electronic (Static) Meter, 2010-2012

8. China's Major Manufacturing Enterprises of Smart Meter 
8.1 LINYANG Electronics Co., Ltd. 
8.1.1 Company Profile 
8.1.2 Main Business 
8.1.3 Competitive Advantages 
8.1.4 Business Performance 
8.1.5 Future Development Strategy 
8.2 Shenzhen Haoningda Meters Co., Ltd. 
8.2.1 Company Profile 
8.2.2 Main Business 
8.2.3 Competitive Advantages 
8.2.4 Business Performance 
8.2.5 Future Development Strategy 
8.3 Shenzhen Clou Electronics Co., Ltd. 
8.3.1 Company Profile 
8.3.2 Main Business 
8.3.3 Competitive Advantages 
8.3.4 Business Performance 
8.3.5 Future Development Strategy 
8.4 Shenzhen Kaifa Technology Co., Ltd. 
8.4.1 Company Profile 
8.4.2 Main Business 
8.4.3 Competitive Advantages 
8.4.4 Business Performance 
8.4.5 Future Development Strategy 
8.5 Ningbo Sanxing Electronic Co., Ltd. 
8.5.1 Company Profile 
8.5.2 Competitive Advantages 
8.5.3 Business Performance 
8.5.4 Development Strategy 

9. Investment and Development Trends of Smart Meter Industry 
9.1 Investment Opportunities 
9.1.1 Policy Support 
9.1.2 4 Trillion Investment to Stimulate the Smart Meter Development 
9.2 Investment Risks 
9.2.1 Market Competition 
9.2.2 Marketing 
9.2.3 Policies 
9.3 Access Barriers 
9.3.1 Strict Equipment Requirements 
9.3.2 High Talent and Technology Requirements 
9.3.3 High Industry Experience Accumulation Requirements 
9.3.4 High Continuous Service Capability Requirements 
9.4 Development Trends of China's Smart Meter Industry 
9.4.1 Industrial System of Smart Meter Becoming More Perfect 
9.4.2 Modularization of Function Setting 
9.4.3 Interface Integration 
9.5 Technology Development Trends 
9.6 Investment Suggestions 
9.6.1 Strengthening the Technology Innovation 
9.6.2 Improving the Industrial Operation Capability of Smart Meter 
9.6.3 Implementing the User-Side Energy Management Engineering 
9.6.4 Paying Attention to Promotion and Popularization