Since the tender began in 2009, a total of 103 enterprises have won the smart meter winning bid. There are 13 enterprises with more than 51 successful bidders, and the overall market share has reached more than 90%. As of 2015, Samsung electric became the biggest winner of smart meters, but the winning bid accounted for only 6.11% of the market share. As you can see, the concentration of smart meters is very low, and competition is very fierce.

Because of the smart grid construction and upgrade rural power grids and other factors to promote the development of AC Kilowatt hour Meter, the momentum of rapid market, the future of the new user will use the smart meter, "13th Five-Year" period will basically achieve full coverage of the smart meter. By the end of 2015, China has completed the tender smart meter 430 million, of which residential smart meters accounted for 85% of net operating area total installation quantity has reached 312 million units, according to the calculation of our residents "a form of" policy, China's current residents in the total demand of intelligent electric meter more than 450 million Taiwan; consideration industrial, commercial and other purposes, the total space of current smart meter up to 530 million units.

Reference to the current slowdown in real estate sales, smart meter penetration has been high, to 2020 will increase 70 million new residents, is expected in the next few years, the smart meter market will be 5% growth rate growth. According to the current smart meter permeability, considered network update needs the new standard IR46 meter, and the huge demand of South network has just started the popularity of smart meters, is expected to "13th Five-Year" period of China's new smart meters demand of about 270 million units, calculated according to the average of 230 yuan each, the smart meter for incremental space 62 billion 100 million yuan.

With more and more smart meter installation, smart meters in China began to enter the stage of stock replacement, smart meter general began to replace after running for 8 years, since 2009 to start the tender, from 2017 onwards the replacement market will become the smart meter market is one of the main driving force of growth. According to the bidding records, it is estimated that 2016-2020 years of smart meter replacement demand about 190 million units, replacing space 43 billion 700 million yuan, basically all from the national network area.