Highly praised, Shandong smart meter manufacturer with rich experience

China's smart grid has entered a comprehensive construction stage, which has generated a huge market demand for smart meters. As of the end of 2011, there were approximately 411.99 million households in China.
It is expected that by 2015, there will be approximately 451.99 million households in China, and if each household needs to install a smart meter, a total of 511 million smart meters will need to be installed nationwide by 2015, with a replacement demand of 59 million.
In 2011, there were approximately 340 million households in the operating area of State Grid Corporation of China. If fully covered, State Grid Corporation of China needs to bid for a total of 420 million smart meters by 2015.
Among them, urban households need to install 189 million smart meters, while rural households need to install 231 million smart meters.
As of the end of 2012, State Grid Corporation of China had tendered a total of 184 million smart meters.
It is expected that by 2013, the number of smart energy meters installed in conjunction with smart grids will reach 760 million, and by 2020, smart grids will cover 80% of the world's population. The large-scale global construction of smart grids will bring about a broader market demand for smart energy meters and create favorable market conditions for Chinese smart energy meter manufacturers to export their products.
Experts predict that the strong growth trend of smart meters will continue in the coming years, and the export volume of smart meters in China will also continue to rise. Chinese smart meters have shown the most outstanding export performance in Southeast Asia and the Middle East, and South America will also become a new growth area for exports.