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China Smart Meter Industry Report, 2012-2015

NEW YORK, Nov. 21, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

China Smart Meter Industry Report, 2012-2015  

http://www.reportlinker.com/p0683246/China-Smart-Meter-Industry-Report-2012-2015.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Electrical_Equipment  

China Smart Meter Industry Report, 2012-2015 released by ResearchInChina analyzes the market situation, development tendency and competition pattern of smart meter industry from the angle of bid invitation of State Grid Corporation of China (SGCC).

Policies on and development planning of Chinese smart meter and smart grid industry, as well as their impact on smart meter industry;Tenders of SGCC for smart meters and trends during 2010-2012;Tenders, major companies and competitive landscape in smart meter market segments;Current development, operation, development trends, bid winning and market share of key smart meter manufacturers in China.

As of mid-November 2012, SGCC invited three tenders for 58.75 million smart meters, accounting for 98.74% of the total number in 2011.

Bid for 54.01 million 2S single-phase smart meters, higher than the total demand in 2011;Bid for 4.201 million 1S three-phase smart meters, accounting for 82.34% of the tender amount in 2011;Bid for 523,000 0.5S three-phase smart meters, close to the level in the whole 2011;Bid for 17,302 0.2SS three-phase smart meters, higher than the demand in 2011.

As for competition pattern, there are a total of 72 companies that won the bids in the first three rounds of tenders in 2012, up six from 2011. The industrial concentration further dropped, CR5 plummeted to 27.48% and CR10 fell to 41.66%. There are three companies in all with more than 5% market share respectively in 2012, against four ones with over 5% market shares each in 2011. Wasion Group ascended to the first place with 6.18% share, and Jiangsu Linyang Electronics Co., Ltd. took the second place with 6.01%.

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