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

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.

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