On November 12, 2019, Europe Utility Week 2019 and PowerGen Europe officially opened in Paris, France. As the most instructive and innovative professional event in the international smart grid and smart metering industry, the exhibition covers electricity, water, heat, gas and other energy fields, attracted more than 700 well-known enterprises to participate in the show. As the leading IoT communication provider in the metering industry, GosuncnWelink Technology Co., Ltd. (from now on referred to as "GosuncnWelink") has made an appearance with a variety of wireless communication modules and IoT solutions. 5G products have shown the first time to the European audiences.
In recent years, European countries have become stricter and more intensified about the meter gas industry. They have successively issued mandatory policies and regulations on smart meter installation, which has much promoted the large-scale application of smart meters in Europe. According to the world-renowned survey agency the Frost&Sullivan, the total number of smart meter installations in the world will reach 85 million by 2025, and Europe is expected to become the world's largest smart meter market.
In 2019, with the advancement of 5G commercialization globally, the energy and metering industry had also ushered in the wave of the 5G era. In the energy industry, after the application of 5G technology, intelligent operations can be performed through peer-to-peer communication between the terminals. The fault processing process can be fully automated, which can reduce the time and range of fault power outages to the greatest extent, and make the distribution network fault processing time from the minute level raise to the millisecond level. 5G can provide powerful technical support for massive access to electricity information and real-time data reporting, assist the system in completing the collection, processing and real-time monitoring of electricity information, achieve a precise balance between supply and demand, and fully meet the emergency treatment needs of the grid in emergencies.
GosuncnWelink showcased the latest 5G module series, including 5G industrial-grade modules and 5G automotive-grade module products. As the world's first batch of 5G modules to be listed, GosuncnWelink has taken energy, industrial IoT and Internet of Vehicles as the target industries for 5G applications. It uses the high bandwidth and low latency brought by 5G technology for the energy and smart metering industry.
Facing 5G evolution, GosuncnWelink's LTE Cat.M1 and NB-IoT products are also displayed to European customers. At present, European operators are actively deploying NB-IoT and Cat M1 networks. Industry customers are also seizing the opportunity of network innovation, and are continually launching competitive smart water meter and smart gas meter solutions. The product series composed of GM100 and ME3616 modules has won market recognition for its full frequency band, high reliability, and small size. At present, it has obtained many cooperation opportunities in the European market.
With years of current layout in China and the global market, GosuncnWelink has launched in-depth cooperation with dozens of well-known smart meter manufacturers around the world. 2G, 3G, 4G and NB-IoT products have achieved the first large-scale mass deployment, with excellent product capabilities and technical service capabilities have won full recognition from partners.