According to IHS, the export market is becoming a key factor driving the growth of China's meter industry, with overseas shipments expected to reach 30.8 million this year. China's smart meters have been exported to more than 132 countries and regions in the world, and the growth momentum has not diminished. It is estimated that the export of electric meters will rise to 47.2 million in 2016, compared with 26.5 million in 2012. Although the volume of exports dwarfs the huge domestic meter market, the compound annual growth rate of export markets in the next few years will be 15.5%, well above the domestic market. It is estimated that the domestic electricity meter shipments in 2016 will rise from 84 million in 2012 to 95.8 million. Smart meter chip industry will reshuffle Pegged to the government In recent years, the government has been quick to know the procurement and installation of electricity meters and its domestic demand has rapidly increased. In 2012, the bidding results of State Grid Corporation of China showed that about 78 million meters were purchased in that year, in addition to 16 million meters and 600,000 data acquisition terminals. The target for bidding and purchasing in 2013 is expected to be similar to previous years, but the distribution of funds between urban power grids and rural power grids will be greatly adjusted. This year, the government meter bidding and purchasing a noteworthy trend is the downward trend in purchasing prices. IHS expects that the new pricing rules will directly put pressure on the entire meter supply chain and may even affect the quality and service life of the final product. The new standard, smart meter chip industry reshuffle In order to strengthen the management and control of the quality of smart meters, a number of new technical standards are expected to be implemented in the third quarter. By then all meter manufacturers must take a new approach. However, in order to prevent the market may be violent shocks, the more stringent requirements related to the meter samples were submitted to the program. However, as previously anticipated, the entire smart-meter semiconductor market is reshuffling in the face of these changes. Even before the promulgation of these new standards, almost all manufacturers of smart meters have adjusted their product strategies in preparation for meeting new standards. Due to these factors, the market has changed significantly. For example, as of the end of last year, the smart meter micro- controller many changes compared to the first half (MCU) supplier's market share. In the meantime, as the two leading IC suppliers further consolidated their respective markets, the competitive landscape in the Power Line Communication (PLC) chip market also changed. Car Pedal,Brake Pedal,Brake And Gas Pedal,Soft Brake Pedal Ningbo Maixun International Trade Co., Ltd , https://www.maixuncarparts.com