China HV and LV Complete Electrical Equipment Opens up Broad Market
The News Department of M&C

Mar. 5th, 2017

As the investment accelerates in new-energy industry, new high technology industry, advanced equipment manufacturing and real estate development industry, with increasing demand for automated industrial power distribution and intelligent civilian power distribution, high voltage and low voltage complete electrical equipment moves into huge market.

Analysts indicated, in recent years, HV and LV complete electrical equipment were widely used sold well in modern industrial enterprises, new energy development and real estate construction. As the power grid investment projects increase, boosting the demand for railway electrification and urban rail construction, HV and LV electrical equipment will have broader market.

HV and LV electrical equipment are mainly sold in China. As matching equipment of power generating equipment, power distribution equipment, and electrical drive automatic control equipment, most of them are purchased by LV complete equipment manufacturer, and assembled into distribution panel, power distributing cabinet, protection screen, control screen and other LV complete equipment and then sold to customers. HV and LV electrical equipment manufacturers are mainly private enterprises, with annual production value and sales revenue of 60% of the whole industry, while foreign-funded enterprises occupying 30% of the industry.

The state policies will also promote the development of HV and LV complete electrical equipment. Recently, China is deepening the reform on all systems, strengthening power grid construction, vigorously exploiting hydropower, optimizing coal power development, actively developing nuclear power, appropriately promoting gas power generation, speeding up new energy development, valuing ecological environment protection, and increasing energy efficiency. Therefore, HV switch industry should take the opportunity of intelligent power grid construction, especially extra-high voltage AC and DC transmission projects, to improve independent innovation capability, promote intelligent level of switching equipment, and facilitate the development of environment-protecting equipment, energy-saving equipment and emission reduction equipment. Extra-high voltage power transmission technology and advanced electrical equipment integration technology should be the key development areas.

The Report of Market Analysis and Investment Value Research on HV and LV Complete Electrical Equipment for 2010 to 2013 shows, with such promising market prospect, related enterprises are expected to vigorously research and develop the switches used in special occasions, special equipment and renewable energy power generation, conduct prospective and directional study and development on technology and equipment, especially key technical problems of complete equipment.