The intelligent water meter is the general trend

The intelligent water meter is the general trend, and the development prospect of the smart water meter market is good

 Smart water meter is a new type of water meter that uses modern microelectronic technology, modern sensing technology and smart IC card technology to measure water consumption, transmit water data and settle transactions. Compared with mechanical water meters, smart water meters have the advantages of high efficiency, simple meter reading, personalized payment, and high standardization. In the future, smart water meters are expected to gradually replace mechanical water meters and become the mainstream products in the market.

 From the perspective of the industry chain, the upstream of the smart water meter industry chain is the supply layer of raw materials and components, including chips, batteries, displays, takeovers and other components; the midstream is the production layer of smart meters, which can be divided into water meters with electronic devices and electronic water meters. There are two categories. Compared with mechanical water meters, the production technology and product added value of smart water meters are higher; the downstream is the application layer, which involves smart water affairs, smart cities, buildings, and large water supply companies. my country is a major producer of water meters in the world, and China already has a relatively complete industrial chain layout of smart water meters.

 my country is a big producer of water meters, and there are a large number of domestic water meter manufacturers. However, due to the limitations of technology, research and development, and other factors, most enterprises mainly produce mechanical water meters, and the number of intelligent water meter manufacturers is relatively small. At present, the penetration rate of my country's smart water meter market is still lower than that of mechanical water meters, but the added value of smart water meter products is high, and the gross profit margin and profitability are at a high level, which will attract more and more companies to deploy in the smart water meter market. The rapid development of the smart water meter market is also inseparable from the support of national policies, and it is expected to continue to maintain a high level of profitability.

 With the acceleration of smart water affairs and smart city construction, the market penetration rate of smart water meters is increasing. In the future, smart water meters will gradually replace mechanical water meters and become the mainstream products in the market. The added value of smart water meter products is relatively high. Due to technical limitations, the number of domestic smart water meter manufacturers is currently small, but the intelligence of water meters is the general trend. Under the background of strong government support and the upgrading of downstream market demand, the smart water meter market has a broad space for development.