Forecast: Import of Electricity Supply or Production Meters, Including Calibrating Meters Therefor to China

Based on the forecasted data for the import of electricity supply or production meters to China, the value is expected to decrease steadily over the next five years. Starting from 50.19 thousand units in 2024 and declining to 28.58 thousand units by 2028. This represents a decline of approximately 14.17% year-on-year from 2024 to 2025, and a downward trend continues through 2028. The compound annual growth rate (CAGR) over this five-year period is approximately -10.03%.

Future trends to watch for include:

  • Development of domestic production capabilities in China, potentially reducing reliance on imports.
  • Technological advancements leading to more efficient and accurate metering devices.
  • Policy shifts towards smart grid implementations, which may impact the demand for traditional meters.

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