Smart meter market will exceed 100 billion in 2020

The world famous market research organization Parker Consulting has predicted that by 2020, China will become the backbone of the rapid rise of the Asian smart energy meter market. Predictions are not groundless. China proposed in 2010 that within the next five years, the installation and application of 240 million smart energy meters will be completed.

The cumulative demand exceeds 500 million in 2015. "The development of smart meters depends on the speed of development of the power grid. As part of the smart grid, smart power meters will have a good momentum of development in the next 3 to 5 years." Song Zhichen, researcher of China Investment Advisor Energy Industry, accepts An interview with the China Electric Power News reporter said that with the vigorous development of the electric power industry and the comprehensive construction of the smart grid, the role of smart meters as a key node connecting the grid and users has emerged, and it is also seen as a “pioneer” for the development of smart grids. .

China's smart grid has entered a phase of comprehensive construction and has generated a huge market demand for smart meters. By the end of 2011, there were about 41.199 million households nationwide.

It is estimated that there will be a total of 451.99 million households in China by 2015. If every household needs to install smart meters, by 2015 there will be a total of 511 million smart meters installed in the country, of which the replacement needs will be 590 million.

In 2011, the State Grid Corporation operated around 340 million households. For full coverage, the State Grid Corporation of China will need to accumulatively bid 420 million smart meters by 2015.

Among them, 189 million smart meters need to be installed in urban households and 231 million smart meters must be installed in rural households.

As of the end of 2012, the State Grid Corporation of China had accumulatively bid for 184 million smart meters.

The prospective industry research institute's smart meter industry research group analysis predicts that the installed number of smart energy meters used in conjunction with the smart grid will reach 760 million by 2013, and by 2020 the smart grid will cover 80% of the world's population. Large-scale global smart grid construction will bring a broader market demand for smart energy meters, and also create good market conditions for the export of smart energy meter manufacturers in China.

Some experts predict that the strong growth trend of smart meters will continue in the next few years, and the export volume of smart meters in China will continue to rise. At present, China's smart meters have the most outstanding export performance in Southeast Asia and the Middle East, and South America will also become a new export growth area. “From the perspective of the international market, foreign smart grid construction has lagged behind. The demand for smart meters has just entered the peak procurement period in 2015 and complemented the domestic market.” Ding Minhua, Chairman and General Manager of Hangzhou Juhua Technology Co., Ltd., told China Power News reporter.

Thanks to the acceleration of smart grid construction, with the continuous application of smart grids, smart meters have entered a golden opportunity for development. “The market demand for smart meters has been growing steadily. With the acceleration of urbanization, the number of new users will also continue to increase.” Ding Minhua said in an interview with “China Electric Power” reporters that last year’s provinces and cities in China will gradually implement the ladder electricity prices. Ladder pricing policies are gradually coming to an end, and smart meters will usher in the spring of development.

In recent years, driven by the idea of ​​low-carbon economy, green energy conservation and sustainable development, how to further improve grid efficiency, actively respond to environmental challenges, improve power supply reliability and power quality, improve power user services, and adapt to more open energy and power The market-oriented environment needs higher requirements for the development of the future power grid. The concept of smart grid came into being and became a hot spot for joint research and discussion in the global power industry.

Our investment in smart grids will stimulate the development of smart meters. The relevant data shows that China will complete a nationwide smart grid by 2020, and has invested 4 trillion yuan in infrastructure construction.

Smart meter investment is an important component of the distribution network in the state grid company's smart grid investment. According to the national grid company's smart grid construction plan, the total intellectual investment will exceed 280 billion yuan between 2011 and 2015. By 2020, the total amount of intelligent investment will reach 384.1 billion yuan, of which the proportion of distribution links will exceed 20%. .

After two years of trials, during the "12th Five-Year Plan" period, China's smart grid has ushered in a full-scale construction. The State Grid Corporation of China plans to invest 2 trillion yuan, and the "13th Five-Year Plan" national grid will also invest 1.7 trillion yuan, eventually achieving strong intelligence. Grid. The domestic industry will face a market that exceeds 5 billion yuan each year, which is a huge boost for smart meter manufacturing companies. Smart meter manufacturing companies will become the vanguards who will fully benefit from smart grid construction.

In the next 10 years, the global smart meter installation volume will increase by about 4 times. As of the end of this year, the number of smart meter installations in the world will reach 251 million. It is expected that this number will double in 2015 to 535 million, and by 2020 it is expected to reach a scale of about 1 billion.

In fact, smart energy meter products contain a huge market space, but in the process of promotion and application, both Chinese and foreign companies are not at all plain sailing. According to Guo Junfeng, president of Holley Instrument Group Co., Ltd., the most fundamental issue is that it has not stimulated the end consumer's internal needs. The electric energy meter industry is an eternal industry. Every unit needs to install electric energy meters as long as it uses electricity, and its customer base is also relatively fixed. However, it is also a measurement and billing product that relates to the interests of enterprises. Product innovation is subject to certain restrictions. The market cultivation of smart meters also requires an accredited process.

Some industry analysts believe that the impact of the global environment, China's smart meter market will usher in major development in the next few years. Regardless of whether it is an ordinary user or a utility supplier, energy saving and emission reduction are the main points of concern, so the smart meter industry in China is even more attractive.

"As China's smart grid enters a large-scale construction stage, increasing the construction of smart grid terminals has become a top priority for its supporting development. Among them, the development of smart meters will enter a period of rapid development." Song Zhichen's intelligence on China The development of the meter industry is full of confidence.