Power investment led distribution switchgear control equipment market growth
Date：2017-03-06
In recent years, China's rapid development of power industry, in a strong industrial policy support, China's power transmission and distribution field Guozihao a number of key projects have been started, for the development of distribution switch control equipment manufacturing industry added momentum. Since 2003, China's distribution switch control equipment manufacturing industry sales revenue CAGR of 25% or more, the rapid development momentum, in 2012 sales revenue reached $467 billion 490 million.
The distribution of prospective industry research institute switch control equipment manufacturing industry research group believes that with the continued growth of investment in power grid construction, railway electrification and stimulating demand, the industry will usher in a broader market.
In recent years, with the rapid development of economy China, southeast coastal areas generally appear shortage phenomenon, China power development long-standing "light" problem gradually exposed, the highlight is a weak link in the development of electric power industry in China - power facilities relative lack of. After 2006, the construction of the power grid is more than the construction of the power supply, becoming the main investment focus of power construction.
Prospective industry research institute "2013-2017 China switch of produce and sale and investment control equipment manufacturing industry forecast analysis report" shows that China's power grid investment proportion has risen from 32.10% in 2005 to 49.47% in 2012, the proportion of investment structure more reasonable, improve the power supply in recent years Chinese investment scale is too large, fast growth, high proportion the trend of power supply and power grid to coordinated and scientific development. 2012, China's power grid construction investment 369 billion 300 million yuan.
The micro power quality of power grid security management of power engineering of natural gas power generation electric power environmental protection cogeneration small hydropower nuclear power China coal contradiction of power distribution and control equipment, more in the next few years, Chinese power plant power grid construction and transformation will continue to maintain a rapid growth, according to the National Development and Reform Commission "electric power industry" 12th Five-Year "plan and 2020 development plan (Draft)", "12th Five-Year" is expected during the grid of the total investment will reach 2 trillion and 500 billion yuan, the average annual investment of more than 500 billion yuan, more than fifteen during the annual power grid investment rose by more than 90%, which will lead directly to switch equipment market demand.
In addition, according to the 2008 adjustment of the medium and long term railway network planning, by 2020, China's railway operating mileage will be increased from 100 thousand km of the original plan to 120 thousand km. Total investment scale increased from 2 trillion yuan to $5 trillion. National railway electrification rate increased to more than 60%. This round of electrified railway construction and transformation requires the use of domestic equipment and localization rate increased from 70% to l0%. This will inevitably bring a large number of orders and good opportunities for development of domestic electrical equipment manufacturing enterprises.
The distribution of prospective industry research institute switch control equipment manufacturing industry research team based on 2003-2012 distribution switch control industry sales data of manufacturing equipment, combined with domestic and international macroeconomic situation and China power investment, to predict the 2013-2017 industry market size is expected in 2013, China's power distribution switch control equipment manufacturing industry sales income of about 560 billion yuan in 2017, year-on-year growth rate of about 20%; distribution switch control equipment manufacturing industry sales revenue will reach 13000 yuan, the average annual growth rate of about 23%.
