Grid construction will bring good growth for low voltage devices

The demand for low-voltage electrical appliances in China will increase year by year, the market scale will expand year by year, and the market expansion rate will also accelerate year by year. It is estimated that by 2013, China's low-voltage electrical appliance market will reach 75 billion yuan, and the market growth rate will reach 20%.

From the construction of smart grids to the booming development of new energy industries, from the electric power industry to the construction industry, low-voltage electrical appliances have been in China for more than 50 years. Along with the rapid development of China’s economic construction, low-voltage electrical appliances have also been assembled from the simplest to the fourth-generation smart. Low-voltage electrical appliances.

Because 80% of electric energy is distributed or controlled by low-voltage electrical appliances, the market capacity of low-voltage complete sets of equipment is closely linked to the development of electric power. The investment in power grid construction will bring about good growth for the low-voltage complete sets of equipment industry.

The "Analysis of Production and Sales Demand and Investment Forecast Report for China's Low-Voltage Electrical Industry 2012-2016" released by the Industry Research Institute of Forward-looking Industry shows that in recent years, along with the rapid growth of China's national economy and the rapid development of the power industry, the low-voltage electrical appliance industry has maintained supply and sales for many years. In the booming situation, the products not only achieved a significant increase in sales volume, but also “had market value” in terms of product category and sales price.

As of 2010, China's low-voltage electrical industry has grown into a huge industry with more than 1,000 product lines and more than 170 enterprises above designated size, creating a total industrial output value of more than 500 billion yuan.

At present, the increasing demand for electricity in China has accelerated the pace of transformation of China's power grid. During the "12th Five-Year Plan" period, China will optimize its power structure and strengthen the construction of smart grids. The market demand for power equipment will increase rapidly. Relevant data show that the national grid has invested a total of 1.5 trillion yuan in the smart grid grid construction itself and in intelligence, or about 300 billion yuan per year, which undoubtedly guarantees the steady growth of low-voltage electrical appliances during the 12th Five-Year Plan period. .

Source: Forward-looking Industry Research Institute "2012-2016 China low-voltage electrical industry production and sales demand and investment forecast analysis report"

The prospective industry research institute low-voltage electrical industry research small analysis predicted that China's low-voltage electrical market demand will increase year by year, the market scale will expand year by year, the market expansion rate will also accelerate year by year. It is estimated that by 2013, China's low-voltage electrical appliance market will reach 75 billion yuan, and the market growth rate will reach 20%.