With the accelerated investment in new energy industry, high-tech industry, advanced equipment manufacturing industry and real estate development, and the increasing demand for industrial power distribution automation and intelligent civil power distribution, the market prospect of complete sets of high and low voltage electric appliances is broad.
Shang Pu Consulting industry analysts pointed out: in recent years, high and low voltage electrical equipment is widely used in modern industrial enterprises, new energy development and real estate construction and other fields of power supporting, product production and sales trend is good. With the continuous growth of power grid construction investment projects, as well as railway electrification, urban rail transit construction to increase demand, the industry will usher in a broader market. The sales market of high and low voltage electrical products is mainly in our country. At present, the vast majority of products of high and low voltage electrical manufacturers are purchased by low-voltage complete equipment manufacturers, and then assembled into low-voltage distribution panel, power distribution box, protection panel, control panel and other low-voltage distribution devices and sold to users, which are supporting products for power generation equipment, distribution equipment, electric transmission automatic control equipment and so on. In China's high and low voltage electrical appliances production enterprises, private enterprises occupy a major position, with annual output value and sales revenue accounting for more than 60% of the industry, while foreign-funded enterprises account for about 30% of the industry.
Relevant national policies will promote the development of complete sets of high and low voltage electrical equipment. At present, our country is deepening structural reform, strengthening grid construction, vigorously developing hydropower, optimizing the development of coal electricity, actively developing nuclear power, appropriately developing natural gas power generation, accelerating the development of new energy, attaching importance to ecological environmental protection and improving energy efficiency. Therefore, the high-voltage switch industry of complete sets of high-voltage and low-voltage equipment should take the comprehensive construction of strong smart grid as an opportunity, rely on uHV AC and DC transmission projects, enhance the ability of independent innovation, vigorously improve the intelligent level of switching equipment, and promote environmental protection, energy saving and emission reduction equipment. We should focus on UHV transmission technology and advanced electrical equipment and integration technology.