QYR Market Research Global Industrial Smart Meters market research | Page 4

QYResearch • Globally, the Industrial Smart Meters industry market is low concentrated as the manufacturing technology of Industrial Smart Meters is relatively matures than some high-tech equipment. And some enterprises, like Sanxing, Linyang Electronics, Wasion Group, Haixing Electrical, etc. are well-known for the wonderful performance of their Industrial Smart Meters and related services. At the same time, China, occupied 70.45% production market share in 2016, is remarkable in the global Industrial Smart Meters industry, because of the lowest cost of raw material and labor. China has become a major manufacturing country in the world, and ranking first in the world in 2016. www.qyresearch.com