New opportunities under the new infrastructure, the application of IoT smart meters accelerates

At the beginning of 2020, the epidemic affected the development of all walks of life, but for the metering industry, it has promoted technological progress and innovation, and made a qualitative leap in remote meter reading technology. Under the catalysis of the epidemic, the demand for IoT smart meters by utilities has further accelerated, which has promoted the development of the smart meter industry. 2020 is“new infrastructure”In the opening year of the era, the construction of new infrastructures with the theme of 5G, big data centers, artificial intelligence and industrial Internet is being accelerated. new digital transformation“blue ocean”. Based on this, some metering companies have begun to use the Internet of Things and modern information technology to reshape the management of water, electricity, gas, heat and other energy sources, promote the digital transformation of the traditional public utility industry, and have achieved gratifying results. Recently, metering companies such as Xintian Technology, Sanchuan Wisdom, and Ningshui Group have released their 2020 annual reports, and their performance has improved, and the IoT smart meter products occupy an extremely important position. In July 2020, the General Office of the State Council issued the 'Notice on Accelerating the Implementation of New Urbanization Construction to Make Up for the Strengths and Weaknesses and Promoting the Smart Transformation of County Towns in an Orderly Way'. Digital construction and transformation, speed up the transformation and construction of digital terminals and systems in the municipal fields such as transportation, water, electricity and heat. The 'Guiding Opinions on Promoting the Healthy Development of Smart Cities' also clearly states that it is necessary to speed up the construction of urban intelligent infrastructure and improve the intelligence level of public infrastructure such as electricity, gas, transportation, water, and logistics. With the implementation of smart city construction, tiered water prices, tiered gas prices, and IoT applications, it is an inevitable trend for IoT smart meters to replace traditional metering instruments. my country's metering industry has experienced three important development stages: from mechanical meters, smart meters, to the current Internet of Things smart meters. IoT smart meters not only support prepaid and postpaid models, but also support tiered prices, and have functions such as remote control, which solve many problems of traditional mechanical meters and smart meters. With our country“One household one table”,“Ladder water price”,“Mandatory check”and“Smart City”The penetration rate of smart water meters in my country will increase significantly. At present, the penetration rate of smart water meters in my country is still low, between 20% and 30%, but the penetration rate of smart electricity meters is above 80%, and the penetration rate of smart gas meters is above 50%. In the future, with the improvement of the overall social intelligence rate, it is expected that the intelligent penetration rate of electric meters, gas meters, water meters and other instruments will tend to be consistent. If the intelligent penetration rate of water meters reaches 80%, the annual demand for smart water meters will exceed 6,400. million units. According to relevant data, in 2014, there were about 316 million domestic household mechanical water meters. If all of them were replaced with smart water meters, the replacement space would be nearly 80 billion yuan. Therefore, smart water meters have huge development space in the future. This is an excellent development opportunity for the majority of metering companies. Only by closely following the needs of the market and users, strengthening the integration of new technologies such as 5G and artificial intelligence with existing technologies and businesses, and enriching the company's IoT platform and product line, can meter companies seize market opportunities.