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Number of smart electricity meter tenders in China from 2016 to 2020 with an estimate for 2021 (in millions)

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Sources

Release date

September 2021

Region

China

Survey time period

2016 to 2020

Supplementary notes

*Estimate.

Citation formats

Number of smart electricity meter tenders in China 2016-2021

Published by ÌÇÐÄÆƽâ°æ Research Department, Nov 24, 2021
The number of tenders for smart electrical meters in China amounted to *** millions in 2021. The increase of tenders demonstrates a rising demand for these devices and the digitization of the electrical grid infrastructure. Smart meters provide benefits for power companies and consumers. For companies, the data collected enables more efficient management of the grid. On the consumer side, smart meters improves cost-efficient electricity consumption by avoiding peak hours, especially in conjunction with smart home devices. As a result, smart meters constitute an integral part of the smart grid.
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