China Smart Meter Industry Report, Nov. 2016

Transcription

1 China Smart Meter Industry Report, Nov. 2016

2 STUDY GOAL AND OBJECTIVES This report provides the industry executives with strategically significant competitor information, analysis, insight and projection on the competitive pattern and key companies in the industry, crucial to the development and implementation of effective business, marketing and R&D programs. METHODOLOGY Both primary and secondary research methodologies were used in preparing this study. Initially, a comprehensive and exhaustive search of the literature on this industry was conducted. These sources included related books and journals, trade literature, marketing literature, other product/promotional literature, annual reports, security analyst reports, and other publications. REPORT OBJECTIVES Subsequently, telephone interviews or correspondence To establish a comprehensive, factual, annually updated d and cost- was conducted with marketing executives etc. Other sources effective information base on market size, competition patterns, market segments, goals and strategies of the leading players in the market, reviews and forecasts. To assist potential market entrants in evaluating prospective acquisition and joint venture candidates. To complement the organizations internal competitor information gathering efforts with strategic analysis, data interpretation and insight. To suggest for concerned investors in line with the current development of this industry as well as the development tendency. included related magazines, academics, and consulting companies. INFORMATION SOURCES The primary information sources include Company Reports, and National Bureau of Statistics of China etc. To help company to succeed in a competitive market, and Copyright 2012 ResearchInChina understand the size and growth rate of any opportunity.

3 Abstract Smart Gas Meterrecords shipments of 19.4 million units in 2015 and (an expected) 24.3 million units in As the market penetration grows, the figure may exceed 50 million units by In 2015, China s smart meter shipments reached 150 million units, up At present, main suppliers in the market include Goldcard, Shaanxi 6.8% yr-on-yr; expected to grow to 160 million units in In the future, Aerospace Power Hi-Tech Co., Ltd., HangZhouInnover Technology with the continuous development of IoT (Internet of Things), the smart Co., Ltd., etc. In 2015, Goldcard took the first place with a 10.2% meter market will grow steadily at an average annual rate of over 8.0% in market share Smart Water Meter records shipments of million units in 2015 Smart meter consists mainly of smart electric meter, smart water meter, (up 13.7% yr-on-yr) and (an expected) million units in smart gas meter, etc. Among them, smart electric meter boasts the Currently, the market penetration of smart water meter is far below highest market penetration rate, approximately 95%; followed by smart gas meter with over 50%. Smart Electric Meters are mainly promoted in the form of unified bidding by State Grid and China Southern Power Grid (began smart electric meter tender in 2016). In 2015, million smart electric meter tenders were won from State Grid, single-phase smart electric meter and three-phase smart electric meter accounted for 88.9% and 11.1% respectively, of which, single-phase smart electric meter manufacturers had scattered tenders, while three-phase smart electric meter showed relatively high market concentration ti due to certain technical barriers. In 2015, Yantai Dongfang Wisdom Electric Co., Ltd. and Wasion Group registered the highest bid-winning rate in respectively fields of 0.5S three-phase smart electric meter and 0.2S three-phase smart electric meter, with respective market share of 17.5% and 69.7%. that of smart electric meter and smart gas meter, indicating a larger growth space. Key manufacturers are Sanchuan Wisdom Technology Co., Ltd., Suntront Tech Co., Ltd, Ningbo Water Meter Co., Ltd., etc. with annual capacity of more than one million units. Primary driving factors in the future development of smart meter industry in China include IoT popularization, ladder price policies, etc. IoT requires intelligent analysis of the collected data, thus smart meter is essential. And the application of NB-IoT technology in smart meter can solve the traditional meter wiring, high costs of wireless remote transmission equipment and other problems, but also make data accuracy rate as high as 99%. In 2017, with the release of NB-IoT series industry standards, NB-IoT will see largescale application in the commercial sector, thus providing technical support tfor the development of smart meter. Copyright 2012ResearchInChina

4 So far, ladder pricing system has seen a wide range of implementation in water, electricity and gas fields, and traditional meters can t copy all data at the crucial point-in-time of calculating ladder price. Therefore, the popularizing rate of smart meter in water, electricity and gas fields will improve further. The report highlights the following: Status quo, market size, market structure, and competitive landscape of China smart meter industry; Overview, policies, market size, market structure, competitive landscape, import & export, and State Grid tender of smart electric meter industry; Overview, development environment, market size, and competitive landscape of smart water meter industry; Overview, policies, market size, and competitive landscape of smart gas meter industry; Development history, development environment, market size, competitive landscape, and prospects of heat meter industry; Operation, smart meter business, etc. of 6 foreign and 16 domestic smart meter manufactures. Copyright 2012ResearchInChina

5 1 Industry Overview 1.1 Definition and Classification 1.2 Characteristics 1.3 Business Model 1.4 Technical Roadmap 2 Smart Meter Industry 2.1 Development Environment Policy Push Popularization of IoT 2.2 Market Situation 221MarketSize Market Structure Market Pattern 2.3 Prospects 3 Smart Electric Meter Industry 3.1 Overview 3.2 Global Development Environment Market Size Progress and Plans by Country 3.3 China Development History Industrial Policy 333MarketSize Market Structure Competitive Landscape Import & Export Development Trend 3.4 Smart Electric Meter Market of State Grid Tender Scale Tender Structure Tender Market Segments 4 Smart Water Meter Industry 4.1 Overview Brief Introduction Industrial Barriers 4.2 Global Market Size Market Pattern 4.3 China Development Environment Market Size Competitive Landscape Prospects 5 Smart Gas Meter Industry 5.1 Overview 5.2 Global Market Size Competition 53China Industrial Policy Market Size Table of contents Competitive Landscape 6 Heat Meter Industry 6.1 Overview 6.2 Global Development History Market Structure 6.3 China Policies Market Size Competitive Landscape Prospects 7 Foreign Smart Meter Manufacturers 7.1 Itron Profile Operation Smart Meter Business 7.2 Xylem Profile Operation Smart Meter Business 7.3 Diehl Metering (Former Hydrometer) Diehl Group Diehl Metering Group Diehl Metering (Jinan) Co., Ltd. (former Hydrometer (Shandong) Metering Co., Ltd)

6 7.4 Landis+Gyr Profile Smart Meter Business Landis+Gyr Meters & Systems (Zhuhai) Co., Ltd. 7.5 Others Zenner Elster 8 Key Manufacturers in China 8.1 Ningbo Sanxing Medical Electric Co., Ltd Profile 812Operation Smart Electric Meter Tenders Won from State Grid Smart Electric Meter Business 8.2 Jiangsu Linyang Energy Co., Ltd Profile Operation Smart Electric Meter Tenders Won from State Grid Smart Electric Meter Business 8.3 Wasion Group Holdings Limited Profile Operation Smart Electric Meter Tenders Won from State Grid Smart Electric Meter Business Dynamics 8.4 Hangzhou Sunrise Technology Co., Ltd Profile Operation R&D Smart Electric Meter Tenders Won from State Grid Smart Electric Meter Business Dynamics 8.5 Hexing Group Profile R&D Costs Operation Major Customers Smart Electric Meter Tenders Won from State Grid Smart Electric Meter Business 8.6 Sanchuan Wisdom Technology Co., Ltd Profile Operation Smart Electric Meter Business 8.7 Ningbo Water Meter Co., LTD Profile Operation Smart Meter Business 8.8 Shaanxi Aerospace Power Hi-tech Co., Ltd. 881P Profile Operation Smart Meter Business 8.9 Hangzhou Innover Technology Co., Ltd Profile Operation Smart Meter Business Table of contents 8.10 Goldcard High-Tech Co., Ltd Profile Operation 8.11 Tangshan Huizhong Instrumentation Co., Ltd Profile Operation Smart Meter Business 8.12 Suntront Technology Co., Ltd Profile Operation 8123R&DCosts Smart Meter Business Development Strategy Development Prospect 8.13 Integrated Electronic Systems Lab Co., Ltd Profile Operation 8.14 WeihaiPloumeter Inc Profile Operation Top 5 Customers 8.15 Jiangsu Metter Smart Meter Co., Ltd Profile Operation Smart Meter Business 8.16 Beijing Tian Ruixiang Equipment Co., Ltd.

7 Classification of Smart Meters Penetration of Smart Meters in China, 2015 Application of IoT IoT Market Size, NB-IoT Smart Meter Network Distribution Shipment of Smart Meters in China, Market Structure of Smart Meters in China (by Product), Number of Family Household in China, Single-phase Smart Electric Meter & Three-phase Smart Electric Meter Global Smart Grid Investment Scale, E Smart Grid VC Funding Q Q Number of Global Installed Smart Electric Meters, E Global Smart Electric Meter Market Size, E Number of China s Installed Smart Electric Meters, E China s Smart Meter Market Size, E 2020E Smart Electric Meter Market Share by Product in China, Communication Development Trends of Smart Electric Meters State Grid s Smart Electric Meter Tender Scale, Percentage of 2S Single-phase Smart Electric Meter Bid Winners, Percentage of 1S Single-phase Smart Electric Meter Bid Winners, Percentage of 0.5S Three-phase Smart Electric Meter Bid Winners, Percentage of 0.2S Three-phase Smart Electric Meter Bid Winners, Eight Characteristics of Smart Water Meter Global Smart Water Meter Market Size, E Global Smart Water Meter Demand Pattern Selected Charts

8 Disadvantages of Manual Meter Reading Smart Water Network Advantages of Staircase Water Price Rural Tap Water Penetration in China, 2015/2020E Total Urban Water Supply in China, Length of Urban Water Pipelines in China, Urban Tap Water Penetration in China, Total Water Supply in County Towns of China, Length of Water Pipelines in County Towns of China, Tap Water Penetration in County Towns of China, S t W t M t Shi t i Chi E Smart Water Meter Shipment in China, E Smart Water Meter Penetration in China, E Smart Water Meter Market Size in China, E Competitive Landscape of Smart Water Meter Market in China, 2015 Capacity of Major Smart Water Meter Manufacturers in China, 2015 Leakage Rate of Water Pipelines in Major Countries, 2015 Global Smart Gas Meter Market Size, E Length of Urban Gas Pipeline in China, Total Urban Gas Supply in China, Number of Urban Households Using Gas in China, China's Gas Penetration Rate, 2015 China's Gas Meter Shipment, E China's Smart Gas Meter Shipment, E Penetration Rate of Smart Gas Meters in China, E Smart Gas Meter Market Size in China, E Selected Charts

9 Competitive Landscape in Chinese Smart Gas Meter Market, 2015 (by Revenue) Global City Heat Supply Revenue, Global City Heat Supply Structure by Region, 2015 Sales Volume of Heat Meters in China, E Area of Buildings Installing Heat Meters and YoY Growth in Northern China, E Market Share of Major Heat Meter Enterprises in China by Sales Volume, 2015 Demand for Heat Meters in China, E Revenue and Growth Rate of Itron, Gross Margin of Itron, Smart Meter Shipments of Itron, Revenue of Xylem by Business, 2015 Business Structure of Diehl Group Employee Breakdown of Diehl Group by Segment, Revenue of Diehl Group, Revenue Structure of Diehl Group by Segment, R&D Costs of Diehl Group, Branches of Diehl Group, 2016 Revenue and Employees of Diehl Metering, Development Course of Diehl Metering (Jinan) Co., Ltd., Global Presence of Zenner Zenner s Presence in China Global Presence of Elster Revenue and Net Income of Ningbo Sanxing Medical Electric, Revenue Structure of Ningbo Sanxing Medical Electric (by Product), Revenue Structure of Ningbo Sanxing Medical Electric (by Region), Selected Charts

10 Consolidated Gross Margin of Ningbo Sanxing Medical Electric, Ningbo Sanxing Medical Electric s Smart Electric Meter Tenders Won from State Grid, Revenue and Gross Margin of Jiangsu Linyang Energy, Global Marketing Network of Jiangsu Linyang Energy Revenue Structure of Jiangsu Linyang Energy (by Product), Revenue Breakdown of Jiangsu Linyang Energy (by Region), Jiangsu Linyang Energy s Smart Electric Meter Tenders Won from State Grid, Smart Electric Meter Revenue and Growth Rate of Jiangsu Linyang Energy, Smart Electric Meter Output and Sales of Jiangsu Linyang Energy, Wasion Group s Presence in Overseas Market Revenue and Gross Margin of Wasion Group, Revenue Structure of Wasion Group (by Product), Revenue Structure of Wasion Group (by Region), Wasion Group s Smart Electric Meter Tenders Won from State Grid, Smart Electric Meter Revenue and Gross Margin of Wasion Group, Customer Structure of Wasion Group, Revenue and Net Income of Sunrise Technology, Revenue Structure of Sunrise Technology (by Product), Revenue Structure of Sunrise Technology (by Region), 2015 Gross Margin of Sunrise Technology (by Product), R&D Costs and % of Total Revenue of Sunrise Technology, Sunrise Technology s Smart Electric Meter Tenders Won from State Grid, Smart Electric Meter Revenue of Sunrise Technology, Global Marketing Network of Hexing Group Revenue and Net Income of Hexing Group, Selected Charts

11 Revenue Structure of Hexing Group (by Product), Revenue Structure of Hexing Group (by Region), Hexing Group s Smart Electric Meter Tenders Won from State Grid, Smart Electric Meter Revenue of Hexing Group, Development Strategy of Sanchuan Wisdom Technology Global Marketing Network of Sanchuan Wisdom Technology Revenue and Net Income of Sanchuan Wisdom Technology, Revenue Structure of Sanchuan Wisdom Technology (by Product), Revenue Structure of Sanchuan Wisdom Technology (by Region), Revenue and YoY of Smart Water Meter Business of Sanchuan Wisdom Technology, R d N t I f Ni b W t M t Revenue and Net Income of Ningbo Water Meter, Revenue Structure of Ningbo Water Meter (by Product), Smart Water Meter Revenue of Ningbo Water Meter, Revenue and Net Income of Shaanxi Aerospace Power Hi-tech, Revenue Structure of Shaanxi Aerospace Power Hi-tech (by Product), Revenue Structure of Shaanxi Aerospace Power Hi-tech (by Region), Smart Gas Meter Revenue of Shaanxi Aerospace Power Hi-tech, Smart Gas Meter Output, Sales Volume and Inventory of Shaanxi Aerospace Power Hi-tech, Net Income of Hangzhou Innover Technology, Revenue Structure of Hangzhou Innover Technology by Product, Revenue Structure of Hangzhou Innover Technology by Region, Revenue from Smart Gas Meter Complete Machine of Hangzhou Innover Technology, Revenue Structure of Hangzhou Innover Technology by Smart Gas Meter Complete Machine, 2015 Net Income of Goldcard High-Tech, Revenue Structure of Goldcard High-Tech by Product, Selected Charts

12 Revenue Structure of Goldcard High-Tech by Region, Revenue and Net Income of Huizhong Instrumentation, R&D Costs and Proportion of Total Revenue of Huizhong Instrumentation, Sales Volume of Main Products of Huizhong Instrumentation, Revenue and Net Income of Suntront Technology, R&D Costs and Proportion of Total Revenue of Suntront Technology, Smart Meter Output and Sales Volume of Suntront Technology, Revenue and Net Income of ieslab, Revenue Structure of ieslab by Product, Revenue Structure of ieslab by Region, Revenue and Net Income of Weihai i Ploumeter, Marketing Network of Beijing Tian Ruixiang Equipment Competitiveness Comparison between Smart Meters Main Technical Roadmap of Smart Meters Major Foreign and Domestic Smart Meter Manufacturer Global Smart Electric Meter Development Plan (by Region) Development Course of Electronic Energy Meters in China Policies on Smart Electric Meter and Smart Grid in China China s Electric Meter and Smart Electric Meter Shipments, E China s Major Smart Electric Meter Manufacturers Major Bid Winners of State Grid and Their Percentage, 2015 Meter Bid Winners of China Southern Power Grid, 2015 China s Smart Electric Meter Import Volume and Value, China s Major Smart Electric Meter (Single-phase) Import Sources, 2015 China s Major Smart Electric Meter (Three-phase) Import Sources, 2015 Selected Charts

13 China s Smart Electric Meter Export Volume and Value, China s Major Smart Electric Meter (Single-phase) Export Destinations, 2015 China s Major Smart Electric Meter (Three-phase) Export Destinations, 2015 Application Trends of Smart Electric Meters Communication Trends of smart electric meters State Grid s Smart Electric Meter Tender Structure, S Single-phase Smart Electric Meter Tenders Won from State Grid (in Batches) in China, S Three-phase Smart Electric Meter Tenders Won from State Grid (in Batches) in China, S Three-phase Smart Electric Meter Tenders Won from State Grid (in Batches) in China, S Three-phase Smart Electric Meter Tenders Won from State Grid (in Batches) in China, M i F ti f S t W t M t Main Functions of Smart Water Meter Staircase Water Price Policies of Partial Provinces/Municipalities in China Overall Cost: Intelligent Gas Meter vs Ordinary Gas Meter Development of Smart Gas Meters in Major European Countries Policies Related to Natural Gas (or Gas Meter) in China, Classification of Heat Meter Advantages and Disadvantages of Heat Meter Common Heat Metering Methods and Instruments in Foreign Countries Policies about Heat Meter Industry in China, Installation of Heat Meters and YoY Growth in Northern China, E Product Line of Itron Revenue of Itron by Product, Revenue of Itron by Region, Electricity Revenue of Itron, Gas Revenue of Itron, Selected Charts

14 Water Revenue of Itron, Operation of Xylem, Revenue of Xylem by Region, Main Smart Meters of Sensus Landis+Gyr Fact Operating Data of Landis+Gyr, Ningbo Sanxing Medical Electric s Smart Electric Meter Tenders Won from State Grid (in Batches), Ningbo Sanxing Medical Electric s Output and Sales of Smart Electric Meters and Terminals, Gross Margin of Jiangsu Linyang Energy (by Product), Jiangsu Linyang Energy s Smart Electric Meter Tenders Won from State Grid (in Batches), W i G S t El t i M t T d W f St t G id (i B t h ) Wasion Group s Smart Electric Meter Tenders Won from State Grid (in Batches), Sunrise Technology s Smart Electric Meter Tenders Won from State Grid (in Batches), Hexing Group s Sales from Major Customers and Percentage, Hexing Group s Smart Electric Meter Tenders Won from State Grid (in Batches), Smart Electric Meter Sales Volume and Sales of Hexing Group (by Type), Smart Electric Meter AUP of Hexing Group (by Type), Smart Water Meters of Sanchuan Wisdom Technology Main Smart Water Meter Products of Ningbo Water Meter Operating Revenue of Huizhong Instrumentation by Product, Operating Revenue of Huizhong Instrumentation by Region, Gross Margin of Huizhong Instrumentation (by Product), Capacity of Huizhong Instrumentation s Main Products, Operating Revenue of Suntront Technology by Product, Operating Revenue of Suntront Technology by Region, Gross Margin of Suntront Technology (by Product), Selected Charts

15 Selected Charts Gross Margin of Suntront Technology (by Region), Revenue and Net Income of Lefune, Heat Meter Capacity of Suntront Technology, 2010&2015 Heat Meter Sales Volume of Suntront Technology, Smart Meter Sales Volume of SuntrontTechnology, Revenue and Net Income of SuntrontTechnology, E2018E Main Smart Meters of ieslab Operating Revenue of Weihai Ploumeter by Business, Heat Meter Sales Volume of Weihai Ploumeter, Weihai Ploumeter s Sales from Top 5 Customers and % of Total Sales, Heat Meter Sales Volume and Sales of Jiangsu Metter Smart Meter, Heat Meters of Jiangsu Metter Smart Meter

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