Low-voltage appliances have strong market development in the future

In 2011, although the growth rate of electricity and real estate investment declined, the low-voltage electrical appliance industry was driven by the construction of affordable housing. The overall production and sales of the industry still increased significantly compared with the previous year. The production and sales of many outstanding enterprises in the industry grew by more than 30%. Under the new situation, low-voltage electrical appliances still show strong development momentum. After entering the 12th five-year plan, with the rapid expansion of related industries and industries, the low-voltage electrical appliance industry can be described as having many opportunities.

In 2012, the growth of production and sales of key products in the electrical industry was weak. However, in the case of a variety of operating data encountered in the electrician industry, Waterloo, the good performance of the low-voltage electrical industry development has brought a solace to the industry. Relevant data show that the low-voltage electrical appliance industry has been developing relatively smoothly in recent years and is not affected by the economic situation.

In 2011, although the growth rate of electricity and real estate investment declined, the low-voltage electrical appliance industry was driven by the construction of affordable housing. The overall production and sales of the industry still increased significantly compared with the previous year. The production and sales of many outstanding enterprises in the industry grew by more than 30%. Especially in the electrical instrumentation industry, its market demand has generally maintained a growing trend. Prospective Industry Research Institute released the "2012-2016 China Electrical Instrumentation Industry Development Prospects and Investment Forecast Analysis Report" shows that power grid construction is a global behavior, is a long-term, gradual rigid market, a major development for the electrical instrumentation industry opportunity.

Under the new situation, low-voltage electrical appliances still show strong development momentum. After entering the 12th five-year plan, with the rapid expansion of related industries and industries, the low-voltage electrical appliance industry can be described as having many opportunities. During the 12th Five-Year Plan period, the National Grid’s investment 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 will also be With the increase in power generation and electricity consumption, the future market for low-voltage electrical appliances will continue to grow.

Zhang Xiaoqiang, deputy director of the National Development and Reform Commission, once stated in public: By 2015, the strategic emerging industries will form a basic pattern of healthy development and coordinated advancement. The promotion of industrial structure upgrade will be enhanced, and the ratio of added value to gross domestic product will be higher than that of gravity. About 8%. By 2020, the ratio of added value of strategic emerging industries to GDP will reach about 15%. The development of these industries has brought huge room for development for low-voltage electrical appliances, especially the mid-to-high end products.

It is noteworthy that under the unfavorable circumstances of rising raw material prices and rapid increase in labor costs in 2012, China's low-voltage electrical industry still achieved a 10% increase in output and a 15% increase in the industry's total output value. A large number of excellent low-voltage electrical domestic enterprises have shown rapid growth. However, with the continuous rise of raw materials, labor, and financial costs, the price competition of low-voltage electrical products will further intensify, and the overall profit growth rate of the industry will begin to decline.

Objectively speaking, the domestic low-voltage electrical appliance manufacturing enterprises are small in scale and excessive in quantity, and more than 90% of the enterprises are in the middle and low-grade product repetitive production, and the three generations of products coexist. According to the trend of market research national policies, in the coming period, the structure of low-voltage electrical products needs further adjustment. Products with backward processes, large volumes, high energy consumption and environmental pollution will be eliminated.