The development of smart grid surging electric meter industry performance

Polaris Smart Grid Online: In 2012, China's smart meter industry performance is very strong, exports are expected to grow by nearly 15%. This is mainly related to the development trend of the global smart grid, the market demand for smart meters has increased dramatically for the smart meter industry in China Development opportunities.

It is expected that the strong growth of smart meters will continue in the coming years, and the export volume of smart meters in China will continue to rise. While export performance is good, the development potential of China's domestic market cannot be underestimated. The most critical part of the smart grid is the smart meter, which makes conventional meters unable to compete with smart meters. At present, China's smart meters have the most outstanding export performance in Southeast Asia and the Middle East, and this year South America will also become a new export growth area.

After the State Grid Corporation of China successfully completed the reorganization, China’s domestic tendering and purchasing activities for smart meters were also recovering, which led to a further rebound in the domestic smart meter market. Of course, as China's demand for smart electricity meters and collectors/concentrators increases, new requirements are also put forward for its functions. In the future, smart meters using microcontrollers will become the mainstream of development.

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