The distribution cabinet industry with large market demand.

Mar 09, 2024

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    The service life of outdoor distribution cabinets is generally 10-15 years, China began to introduce outdoor distribution cabinets and control equipment in the 90s of the 20th century, and the early introduction of equipment has approached or exceeded the service life. The distribution cabinet will enter the replacement cycle, and the demand for product upgrading is strong and gradually growing, which also brings huge demand for the distribution cabinet market. The replacement and upgrading of aging distribution cabinet systems and equipment will bring new market opportunities, in addition to new energy power generation facilities, etc., in order to meet the growing power demand and further promote the development of the distribution cabinet market.

     In recent years, the global distribution cabinet market demand has generally shown an upward trend, with the construction of rural power grid transformation, UHV, ultra-high voltage DC transmission and other projects, which has driven the rapid development of China's distribution cabinet industry. At present, China's smart grid construction project is in full swing and the progress of the project is accelerating, the distribution cabinet industry has ushered in its own industry opportunities in the development, and the demand trend of the distribution cabinet market depends on the development of the power market to a certain extent. According to the State Grid 2010 plan, the "Twelfth Five-Year Plan" period is the comprehensive construction stage of China's power grid, driven by China's more than 10 years of adhering to the smart grid construction plan, China's distribution cabinet industry will continue to maintain a steady growth trend before 2015. Although the scale of power grid investment in the next few years is difficult to recover to the level of rapid growth, it is still difficult to hide the "edge" of further transformation and upgrading of distribution cabinets.

      The high-end link of the distribution cabinet industry lacks a strong independent brand, but there are a large number of enterprises involved in the low-end market, homogenization, disorderly competition, price war, low quality and other problems are increasingly exposed, and the industry has entered a critical period of transformation and upgrading. The key factor leading to this change is that China's power industry is gradually shifting from quantitative change to qualitative change, and the in-depth adjustment of the industry will inevitably give rise to major changes and reshuffles in various market segments. In the future, the market segments of China's distribution cabinet manufacturing industry will show the following characteristics: North China, Central China and East China are the most important regional markets in China, and the future development potential of Northwest China is great; The proportion of industrial customers will increase steadily, becoming the focus of the next round of competition among outdoor distribution cabinet manufacturing enterprises: smart grid and protection, dispatching and control systems and other secondary equipment will be a new growth point in the industry: China's UHV equipment, medium voltage switch market segment growth space is huge.

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