[China Instrument Network Instrument Depth] With the deepening of economic globalization, all trades and industries have shown the trend of trade integration. In recent years, the rapid growth of import and export trade has greatly promoted China's economic growth. As the basic industry of the national economy, the machinery and manufacturing industry has paid more attention to its import and export trade. Today Xiao Bian analyzes the development of foreign trade in the smart instrument industry in China's machinery manufacturing industry.
Smart meter:
In 2008, the U.S. government released the Progress Report on the Economic Recovery Plan, in which it was announced that it plans to invest more than 4 billion U.S. dollars in the next three years to promote the modernization of the power grid. In 2009, the State Grid of China identified the development plan of the smart grid and launched a number of pilot projects. A global smart-grid construction boom has been lifted. The most immediate impact is the huge market demand for smart meters.
With the increasing demand for smart meters worldwide, European smart meter suppliers and smart meter companies in China are rushing to seize the market. Despite the fact that international manufacturing giants made early arrangements to try to seize the smart meter market, Chinese companies are not to be outdone and are actively entering the smart grid infrastructure market.
In July 2015, the State Grid Corporation of China successfully won the bidding for the Brazilian beautiful mountain smart grid project. The project investment exceeds 2.2 billion U.S. dollars and is scheduled to be put into operation in 2020. The State Grid Corporation also undertakes projects in Ethiopia, Kenya, Pakistan and other countries in power engineering and Nigerian intelligence. The local production of electricity meters and other projects; in April 2015, Wasion Group won over RMB 68 million and RMB 10 million smart meter contracts in Mexico and Brazil, respectively.
According to incomplete statistics, China's smart meters have been exported to more than 132 countries and regions worldwide, and the volume of exports has continued to increase year by year. China's smart meter companies' exports in 2012 will increase by nearly 15% to 28.3 million. It reached 32.8 million in 2013, reached 37.9 million in 2014, and reached 43.8 million in 2015. It is expected that in 2016 China's electricity meter exports will rise to 47.2 million.
Smart water meter:
With the gradual emphasis on the sustainable management of water resources, advanced metering technology is receiving more and more attention. According to relevant statistics, more than half of the world's 200 countries do not have meter manufacturing, but in recent years, the world's demand for smart meters has been increasing every year. Southeast Asia and the Middle East are the oldest and most exported areas of China's water meters. However, due to the low level of products required for this market, the domestic large-scale water meter manufacturing plants have basically withdrawn from this market. In addition, China's smart water meters do not export much to North America, and in the Australian market, China's major exporter of smart water meters is Australia.
According to incomplete statistics, there are currently more than 600 domestic water meter manufacturers. In the industry, 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.
Ningbo Water Meter Co., Ltd. exports its products such as smart water meters and automatic reading systems to more than 50 countries and regions, accounting for more than 10% of the total global water metering trade. Exports of water meters, and total delivery values ​​account for about 45% of the country's total exports; Jiangxi Sanchuan Water Meter Co., Ltd. mainly exports smart water meters to overseas markets such as Southeast Asia, the Americas, and Africa. In June 2016, Sanchuan Water Meter cooperated with Huawei to jointly develop a water meter for Internet of Things based on NB-IOT technology. The cooperation project was mainly promoted in Australia; Ningbo Donghai Group Co., Ltd. invested in Peru to establish a DH meter manufacturing base in South America, Peru and East China Sea to expand overseas markets. .
With the rapid development of China’s economy, China’s exchanges with the world have become increasingly frequent. As a manufacturing powerhouse, China’s export competitiveness in manufacturing has continued to increase with the increase in basic technological capabilities.
The smart meter industry, which is the future trend of manufacturing, will continue to usher in an accelerated period of growth in the future. Although the current export is mainly low-end smart meter products, but with the domestic market demand for smart meters, will promote the development of domestic smart instrumentation technology. It can be predicted that the share of Chinese manufacturing in the world market will increase year by year.
Xiao Bian concludes that if Chinese instrument companies want to have a place in the future global smart meter market, they must focus on improving product technology innovation and improving their own competitiveness so as to win the “big cake†in the fiercely competitive global market.
Smart meter:
In 2008, the U.S. government released the Progress Report on the Economic Recovery Plan, in which it was announced that it plans to invest more than 4 billion U.S. dollars in the next three years to promote the modernization of the power grid. In 2009, the State Grid of China identified the development plan of the smart grid and launched a number of pilot projects. A global smart-grid construction boom has been lifted. The most immediate impact is the huge market demand for smart meters.
With the increasing demand for smart meters worldwide, European smart meter suppliers and smart meter companies in China are rushing to seize the market. Despite the fact that international manufacturing giants made early arrangements to try to seize the smart meter market, Chinese companies are not to be outdone and are actively entering the smart grid infrastructure market.
In July 2015, the State Grid Corporation of China successfully won the bidding for the Brazilian beautiful mountain smart grid project. The project investment exceeds 2.2 billion U.S. dollars and is scheduled to be put into operation in 2020. The State Grid Corporation also undertakes projects in Ethiopia, Kenya, Pakistan and other countries in power engineering and Nigerian intelligence. The local production of electricity meters and other projects; in April 2015, Wasion Group won over RMB 68 million and RMB 10 million smart meter contracts in Mexico and Brazil, respectively.
According to incomplete statistics, China's smart meters have been exported to more than 132 countries and regions worldwide, and the volume of exports has continued to increase year by year. China's smart meter companies' exports in 2012 will increase by nearly 15% to 28.3 million. It reached 32.8 million in 2013, reached 37.9 million in 2014, and reached 43.8 million in 2015. It is expected that in 2016 China's electricity meter exports will rise to 47.2 million.
Smart water meter:
With the gradual emphasis on the sustainable management of water resources, advanced metering technology is receiving more and more attention. According to relevant statistics, more than half of the world's 200 countries do not have meter manufacturing, but in recent years, the world's demand for smart meters has been increasing every year. Southeast Asia and the Middle East are the oldest and most exported areas of China's water meters. However, due to the low level of products required for this market, the domestic large-scale water meter manufacturing plants have basically withdrawn from this market. In addition, China's smart water meters do not export much to North America, and in the Australian market, China's major exporter of smart water meters is Australia.
According to incomplete statistics, there are currently more than 600 domestic water meter manufacturers. In the industry, 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.
Ningbo Water Meter Co., Ltd. exports its products such as smart water meters and automatic reading systems to more than 50 countries and regions, accounting for more than 10% of the total global water metering trade. Exports of water meters, and total delivery values ​​account for about 45% of the country's total exports; Jiangxi Sanchuan Water Meter Co., Ltd. mainly exports smart water meters to overseas markets such as Southeast Asia, the Americas, and Africa. In June 2016, Sanchuan Water Meter cooperated with Huawei to jointly develop a water meter for Internet of Things based on NB-IOT technology. The cooperation project was mainly promoted in Australia; Ningbo Donghai Group Co., Ltd. invested in Peru to establish a DH meter manufacturing base in South America, Peru and East China Sea to expand overseas markets. .
With the rapid development of China’s economy, China’s exchanges with the world have become increasingly frequent. As a manufacturing powerhouse, China’s export competitiveness in manufacturing has continued to increase with the increase in basic technological capabilities.
The smart meter industry, which is the future trend of manufacturing, will continue to usher in an accelerated period of growth in the future. Although the current export is mainly low-end smart meter products, but with the domestic market demand for smart meters, will promote the development of domestic smart instrumentation technology. It can be predicted that the share of Chinese manufacturing in the world market will increase year by year.
Xiao Bian concludes that if Chinese instrument companies want to have a place in the future global smart meter market, they must focus on improving product technology innovation and improving their own competitiveness so as to win the “big cake†in the fiercely competitive global market.
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