Increased concentration of smart power meter applications

Intelligent power meters are the areas of rapid growth in the field of electrical instrumentation. After more than ten years of development, the smart power meter has matured and its functions have gradually changed from simple, low-end to diversified and high-end. Accuracy, performance stability, communication means, and protocol openness will also be further improved. With the development and popularization of smart power meters, applications such as energy management, Internet of Things, and smart grid relying on smart power meters will become the focus of future development and will continue to drive the rapid development of smart power meters.

The overall market is more decentralized, and the degree of concentration of future industry applications needs to be improved.

The main body of smart power meter market consists of three echelons formed by foreign companies and domestic companies.

The first echelon is mainly composed of well-known foreign power meter companies, including Schneider, Bach Fin, ABB, and Sogao. These companies, with their brand influence, have a certain share in domestic smart power meter applications.

The second echelon consists of domestic companies with high reputation and large-scale production, including Rockefeller, Zhuhai PANO, Shenzhen CLP, Aibo Precision, Guangdong Yada, Jiangyin Sfir, Dandong Huatong, and Shanghai Ankerui. Wait. These enterprises have better product quality and relatively complete product channel construction, and they have an absolute share in the field of domestic smart power meters.

The third echelon is composed of small and medium-sized domestic enterprises. The scale of these enterprises is too small, the construction of sales channels is not yet perfect, and there is still a gap between the product quality and the products of the first echelon enterprises. However, the overall market for smart power meters in China is still in a decentralized state. The Rockefeller, Zhuhai Parnell, Shenzhen CLP, Jiangyin Sfail, and Shanghai Ankerui are among the top two in the second tier, and their market share is less than 13%. about. There are numerous third-tier companies and their market share is more than 60%. As the smart power meter industry becomes more mature, the concentration of smart power meter industry in China will continue to increase in the future.