Technical Barriers Lead to High Concentration Competition in the Smart Meter Industry

[China Instrument Network Instrument Company] In the new year, what trends will the water meter industry show? Recently, a research structure has assessed the performance of Sanchuan Wisdom, a leading Internet of Things meter company. Sanchuan Wisdom is the leading Internet water meter enterprise in China and has many years of experience in the production of mechanical water meters, smart water meters, and Internet of things water meters, leading the sales industry. The annual production capacity reaches 15 million units, far exceeding the competitors. The newly built Shuigong New City covers an area of ​​420 acres and has a designed capacity of 10 million units. It is currently the world's largest water meter monomer production base, and also the largest domestic water meter manufacturing base with the largest single capacity.

The scale of the industry exceeds 5 billion yuan, and the downstream demand maintains a relatively high growth. The total output value of China's water meter industry is 5.2-5.5 billion yuan, and the export value is about 1.3-1.4 billion yuan. In the past five years, the average annual growth rate of water meter production has remained at 11%-12%, and the average annual sales growth has been 12%-13%. The smart metering industry began to enter an accelerated period of increase, driven by the three policies of urbanization to increase overall demand, smart meter penetration rate, smart city and stepped water price acceleration, and smart meter replacement machinery meter. It is estimated that the national output of smart water meters will exceed 10 million units in 2016, and the industry is expected to maintain a growth rate of more than 30%. The compound annual growth rate of domestic smart water meters will reach 25% in 2014-2020.

The concentration of the smart meter industry continues to increase, and the Internet of Things is booming. Sanchuan Wisdom will most benefit from the after-sales barriers, technical barriers, and purchasing trends of the water companies, which makes the smart meter industry show a highly concentrated competitive landscape, and the degree of concentration continues to increase. Sanchuan Wisdom, as a leading company, can provide diversified product choices and strong after-sales support capabilities. Combined with its powerful sales channels, Sanchuan Wisdom will maximize the benefits of smart meter industry development and increase in concentration. In addition, the Internet of Things application is gradually emerging, and the Internet of Things meter is expected to be the earliest application area. Sanchuan Wisdom actively develops the Internet of Things water meter, and in 2016 it is expected to deliver a beautiful performance of 300,000 IoT water meter sales. At the same time, the company also actively cooperates with companies in the industry chain. For example, cooperation with Huawei in the field of low-power two-way IoT water meter data collection scenarios is expected to open up new business growth points.

(Original title: Sanchuan Wisdom: Internet-connected water meter leading enterprises, steady growth in performance)

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