The construction of smart grids and distribution networks brings about broad development space for related companies. From 2010, the State Grid Corporation plans to invest nearly 80 billion yuan in 3-5 years for its 27 provincial companies to establish electricity consumption information collection systems, of which about 27 billion yuan will be used for procurement of smart meters. During the “Twelfth Five-Year Plan†period, investment in distribution network construction will also increase year by year. The State Grid plans to invest 420 billion yuan for a new round of rural power grid reconstruction.
With regard to statistical analysis, in December 2009, the State Grid for the first time tendered 2,943,400. Subsequently, the State Grid has increased the number of tenders. In 2010, it completed four smart electricity meter tenders and accumulated 45.37 million tenders. National Grid plans to replace 300 million single-phase smart meters between 2010 and 2014. The tender volume for 2010-2011 is about 100 million. Therefore, there is still 200 million market space for the smart meter market in the next three years. With the maturity of the tendering system of the State Grid and the stabilization of the market competition, listed companies will continue to benefit.
In 2009, the national grid smart meter project was the first tender, and Hangzhou Baifu Electronics, Wasion Group, and Linyang Electronics became the main beneficiaries of this smart meter tender. In 2010, the State Grid Corporation completed four smart meter biddings. Four times in total, 45.37 million smart meters were tendered. Among them, two were single-phase smart meters with about 41.49 million units, one three-phase electricity meters with about 3.43 million units, and 0.5S three-phase electricity meters. About 440,000 units, 0.2S class three-phase electricity meters are about 10,000 units. The top cumulative market share includes Ningbo Samsung Electric, Wasion Group, Longji Ningguang Instrument, Xuji Instrument, Hao Ningda Instrument, Zhengtai Instruments, and Ke Lu Electronics. This year, during the two tenders of the State Grid smart meter, Ke Lu Electronics, Lin Yang Electronics, VIA Group, Great Wall Development, and Hao Ningda finally got a laugh. At present, the third batch of smart grids of the State Grid was launched with a centralized tender, and a total of bidding energy meter 1387.77 was issued. Ten million, of which 11.8081 million smart meters, the scale of the previous two times.
From the results of the two previous tenders in 2011, the market concentration of smart meters has increased, but the competition is still fierce; the degree of market equilibrium has also been improved. This means that market competition tends to be benign, and after the third batch of tender results are announced, this trend will be further stabilized. In the past many tenders for the State Grid smart meter project, the most benefit was the smart meters related to the listed companies. In the subsequent tenders, the listed companies will also eat rich cakes.
With regard to statistical analysis, in December 2009, the State Grid for the first time tendered 2,943,400. Subsequently, the State Grid has increased the number of tenders. In 2010, it completed four smart electricity meter tenders and accumulated 45.37 million tenders. National Grid plans to replace 300 million single-phase smart meters between 2010 and 2014. The tender volume for 2010-2011 is about 100 million. Therefore, there is still 200 million market space for the smart meter market in the next three years. With the maturity of the tendering system of the State Grid and the stabilization of the market competition, listed companies will continue to benefit.
In 2009, the national grid smart meter project was the first tender, and Hangzhou Baifu Electronics, Wasion Group, and Linyang Electronics became the main beneficiaries of this smart meter tender. In 2010, the State Grid Corporation completed four smart meter biddings. Four times in total, 45.37 million smart meters were tendered. Among them, two were single-phase smart meters with about 41.49 million units, one three-phase electricity meters with about 3.43 million units, and 0.5S three-phase electricity meters. About 440,000 units, 0.2S class three-phase electricity meters are about 10,000 units. The top cumulative market share includes Ningbo Samsung Electric, Wasion Group, Longji Ningguang Instrument, Xuji Instrument, Hao Ningda Instrument, Zhengtai Instruments, and Ke Lu Electronics. This year, during the two tenders of the State Grid smart meter, Ke Lu Electronics, Lin Yang Electronics, VIA Group, Great Wall Development, and Hao Ningda finally got a laugh. At present, the third batch of smart grids of the State Grid was launched with a centralized tender, and a total of bidding energy meter 1387.77 was issued. Ten million, of which 11.8081 million smart meters, the scale of the previous two times.
From the results of the two previous tenders in 2011, the market concentration of smart meters has increased, but the competition is still fierce; the degree of market equilibrium has also been improved. This means that market competition tends to be benign, and after the third batch of tender results are announced, this trend will be further stabilized. In the past many tenders for the State Grid smart meter project, the most benefit was the smart meters related to the listed companies. In the subsequent tenders, the listed companies will also eat rich cakes.
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