Power investment forms the demand for transmission and distribution and control equipment, and power grid investment forms the demand for transmission and transformation equipment.

2024-10-16

Market demand and competition pattern

Market demand: power investment forms the demand for power transmission and distribution and control equipment, and power grid investment forms the demand for power transmission and transformation equipment. The rapid development of China's national economy has driven the speed of power construction and development, and China's power transmission and distribution equipment manufacturing industry still has a large space for development in the future. Especially in the field of new energy, with the rapid development of renewable energy such as wind power and photovoltaic, the demand for transmission and distribution and control equipment will further increase.

Competitive landscape: The number of enterprises in the transmission and distribution and control equipment industry is large, and the competitive pressure is greater. For the market of medium and low voltage power transmission and distribution products, the national and industry standards have made detailed provisions on the specifications and parameters of various products, and the products tend to be homogeneous. Therefore, the transmission and distribution manufacturing enterprises that do not have the ability of systematic scheme design and customization can only compete at low prices. Enterprises with independent research and development capabilities and high production levels can occupy a dominant position in the market.