DUBLIN, Feb. 28, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/rvsw9l/china_smart_meter) has announced the addition of the "Concise Analysis of the Chinese Smart Meter Industry - Forecast to 2016" report to their offering.

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China Smart Meter Industry Report 2013-2016 predicts that the market scale of Chinese smart water meters, smart gas meters and smart heat meters will reach 16.5 million units, 24.3 million units and 17 million units separately in 2016, with the respective CAGR of 19.21%, 26.51% and 29.32% in 2013-2016.

Smart meters, also known as intelligent measurement instruments, including smart electric meters, smart water meters, smart gas meters and smart heat meters, are mainly used for the measurement of supply and consumption of electricity, water, gas, heat and oil. Affected by the development of smart grids, smart electric meters have been developing rapidly.

Smart electric meters are mainly sold through centralized bidding. In 2012, smart electric meters occupied 97.18% of the bids invited by State Grid for electric meters. In 2013-2014, China's demand for smart electric meters will mainly be newly increased demand; after 2015, the demand will consist of newly increased demand and replacement demand (the replacement cycle is about 5 years).

In 2012, smart water meters occupied about 15% of the total water meters in China, and developed slowly. The main reason lied in: regional water companies implemented their own water meter intellectualization in accordance with respective planning. In the future, with the popularization of the tiered pricing (for water, gas, etc.) and the heat metering reform in the nationwide scope, smart meters will prevail gradually.

Key Topics Covered:

1 Macro-economic Environment in China, 2011-2013

2 Overview of Smart Meter Industry

3 Smart Electric Meter Industry

4 Smart Water Meter Industry

5 Smart Gas Meter Industry

6 Heat Meter Industry

7 Key Smart Meter Enterprises

Companies Mentioned:

• Goldcard High-Tech
• Henan Suntront Technology
• Integrated Electronic Systems Lab
• Jiangsu Linyang Electronics
• Jiangxi Sanchuan Water Meter
• Ningbo Sanxing Electric
• Shaanxi Aerospace Power Hi-Tech
• Shenzhen Clou Electronics
• Tangshan Huizhong Instrumentation
• Wasion Group Holdings Limited

For more information visit http://www.researchandmarkets.com/research/rvsw9l/china_smart_meter

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets