Low-voltage electrical industry has huge room for development

Low-voltage electrical appliances are widely used in industries and transportation. With the changes in the power industry and distribution industry and the high-speed expansion of the power industry, the low-voltage electrical appliance industry can be described as having many opportunities. During the "Twelfth Five-Year Plan" period, the total investment of the State Grid in smart grid power grid construction and intelligence is 1.5 trillion yuan, or about 300 billion yuan per year, which undoubtedly guarantees the steady growth of low-voltage electrical appliances; the rapid growth of urban population It will also stimulate the growth of power generation and electricity consumption. The future market for low-voltage electrical appliances will continue to grow.

At this stage, China's low-voltage electrical appliance industry is still in a state of “small-scale, excessive quantity, more than 90% of enterprises are in the middle and low-grade product repetitive production, and three generations of products coexist”. However, in the coming period of time, the structure of low-voltage electrical products will be further adjusted, and they will develop in the direction of high performance, high reliability, miniaturization, digitalization, modularization, composition, and component generalization.

The development of low-voltage electrical appliances depends on the development of the national economy and the need for the development of modern industrial automation, as well as the research and application of new technologies, new processes, and new materials. The rapid development of national economic construction is bound to bring about great prospects for the low-voltage electrical appliance industry.

At present, with the changes in the power industry and the distribution industry and the high-speed expansion of the power industry, the low-voltage electrical industry can be described as having many opportunities. During the "Twelfth Five-Year Plan" period, the total investment of the State Grid in smart grid power grid construction and intelligence is 1.5 trillion yuan, or about 300 billion yuan per year, which undoubtedly guarantees the steady growth of low-voltage electrical appliances; the rapid growth of urban population It will also stimulate the growth of power generation and electricity consumption. The future market for low-voltage electrical appliances will continue to grow.