Friday, August 23, 2013

China Smart Meter Industry Report, 2013-2016

China Smart Meter Industry Report 2013-2016 released by SinoMarketInsight predicts that the market scale of Chinese smart water meters, smart gas meters and smart heat meters will reach 16.5 million units, 24.3 million units and 17 million units separately in 2016, with the respective CAGR of 19.21%, 26.51% and 29.32% in 2013-2016. Smart meters, also known as intelligent measurement instruments, including smart electric meters, smart water meters, smart gas meters and smart heat meters, are mainly used for the measurement of supply and consumption of electricity, water, gas, heat and oil. Affected by the development of smart grids, smart electric meters have been developing rapidly. Smart electric meters are mainly sold through centralized bidding. In 2012, smart electric meters occupied 97.18% of the bids invited by State Grid for electric meters. In 2013-2014, China's demand for smart electric meters will mainly be newly increased demand; after 2015, the demand will con

Original Post China Smart Meter Industry Report, 2013-2016

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