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According to statistics, in 2013 China's total output of water meters was about 70 million units, and the market size was about 5.6 billion yuan. Intelligent water meter 10.5 million units, smart meter penetration rate is only 15%, 2006-2013 smart water meter compound annual growth rate of 22.05%.
But in the future, its growth rate will be far more than this. At present, there are more than 200 million water meters in operation online in China, and more than 90% are mechanical water meters. Three-nation policy is gradually accelerating, and the replacement of mechanical water meters with smart water meters is imperative. If only based on 200 million yuan, 250 yuan / only calculation, stock replacement market has reached as much as 50 billion yuan.
At present, there are about more than 600 domestic water meter manufacturers, of which Ningbo Water Meter, Sanchuan Water Meter and Ningbo Donghai Instrument are the leading companies in the industry, accounting for about one-third of the total sales. However, the future of the water meter industry will not be the final say. Most domestic water meter manufacturers, such as Liaoning Minsheng Instrument Co., Ltd., can compete for market with advanced product technology and perfect sales network.
"Remote water meter" popular smart meter potential market is emerging
[China Meter Network Digital Reading Market] It is reported that a "Remote Control Water Meter" is currently very popular in Baicheng City, Jilin Province. This can automatically transmit water data to the control center, and the wireless speed meter without manual lookup becomes the preferred replacement for Baicheng water meter. Liaoning Minsheng Meter Co., Ltd. has received orders for more than 20,000 wireless speed water meters from Baicheng. In addition, there are many instrument companies are busy orders for Jilin. With urbanization, smart cities and stepped water pricing, the replacement of old mechanical water meters by smart water meters has only just begun. Water meter industry is closely related to citizens' lives. Compared with traditional mechanical water meters, smart water meters have real-time data transmission and terminal monitoring. They can realize large-scale centralized meter reading, meter reading at the same time, and can transmit data to the water company back office system. Advantage, become the first choice.