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Smart city construction continues to grow in demand for smart meter market
China Instrument Network Instrument Depth With the development of Internet of Things, big data, and cloud computing technologies, the traditional metering industry is constantly affected by these new technologies. Some meter companies have seized this new opportunity to promote traditional watches. The intelligent transformation of the plan.
At present, China is vigorously advancing the construction of smart cities. According to related research reports, during the “Thirteenth Five-Year Plan†period, China has promoted three batches and a total of 277 smart city pilot projects, and achieved good results. During the “Thirteenth Five-Year Plan†period, the market for smart city construction will reach 4 trillion yuan. As a key link of smart water construction in smart city construction, smart water meters will usher in a huge market demand space.
In recent years, the output of smart water meters in China has been growing at a rate of nearly 20%. With the commercialization of a new generation of Internet of Things and the mass production of NB-IoT smart water meters, the growth of smart water meters in China will be further promoted. “China's water meter industry “Thirteenth Five-Year Plan†Development Plan†pointed out that during the “Thirteenth Five-Year Plan†period, the sales revenue of smart water meters (including smart application systems) will reach 40% of the total sales of water meters. With a favorable policy, the market size of smart water meters will also increase steadily. It is expected that the growth rate will reach 28% in the future. By 2020, the penetration rate of smart water meters will approach 45%, and the annual shipment volume will reach 45 million units. 17 billion.
With the shortage of water resources, the intensification of water pollution and the implementation of the “stepped water price†policy, the development of smart water services has become a hot spot for smart city construction. Real-time monitoring of residents' water consumption makes it more and more important to collect high-precision water data. Because the smart water meter can realize centralized reading, remote reading and real-time reading, the data is objective and accurate; it can monitor the running status of the water meter in real time, and can also monitor the water quality, water pressure, etc., and can also provide management and services such as smart charging. The integration of smart city construction solves the problems of low manual reading efficiency and large data errors in mechanical water meters, which not only facilitates the water company's management of residents' water use, but also helps residents to use water wisely and save water. Therefore, the water company's procurement of smart water meters will be increasingly large.
At present, China's smart water meters mainly rely on low-end smart water meters for IC cards, and smart water meters with remote functions only account for about 20% of the entire smart water meter market. With the gradual increase in the penetration rate of smart water meters and the increase in demand for smart water services, the proportion of smart remote water meters and smart meters for Internet of Things will also gradually increase. At present, water companies in some provinces and cities in China have begun to install large-scale intelligent remote water meters to replace the existing mechanical meters and smart water meters. For example, at the end of 2018 in Fuzhou, Fujian Province, the replacement of 300,000 smart remote water meters in more than 900 communities will be completed.
In recent years, driven by the country’s “stepped water price†and favorable policies such as energy conservation and environmental protection, the smart water meter industry in China has developed rapidly. The overall strength and comprehensive competitiveness have been continuously enhanced, and many technological levels, product quality, and brands have emerged in the industry. Word-of-mouth and other smart metering companies that can stand shoulder to shoulder with well-known foreign companies. Such as Sanchuan Wisdom, Zhongtian Technology and so on. These companies not only occupy most of the domestic market, but also actively develop foreign markets, and smart meter products are exported to overseas.
With the continuous development of smart city construction in China and the continuous development of the Internet of Things technology, the smart water meter industry will steadily move forward. According to industry estimates, China will add more than 150 million smart water meters in the next five years, and the market size will reach 40 billion yuan. In the future, the concentration of smart water meter industry will continue to increase with competition. Smart meter companies must seize the current good opportunities, improve their technological level, and develop forward-looking products, including remote smart water meters and smart meters for the Internet of Things. The smart meter market can be invincible in the competition.