Electric power equipment manufacturing generally includes four sub-industries: power generation equipment industry, power transmission and transformation primary equipment industry, secondary equipment industry and power environmental protection industry. In recent years, China has increased its policy support for major power equipment R&D, which has accelerated the development of power equipment manufacturing. In 2009, the contracted value of China's power equipment reached 26.42 billion U.S. dollars, a year-on-year increase of 17.2%. During the “12th Five-Year Plan†period, the power equipment industry will maintain a compound annual growth rate of more than 10%, and the growing market demand has also greatly promoted the development of power equipment. With the warming of market demand, the power equipment market will welcome development.
Shangpu consulted energy industry analysts pointed out that during the "Twelfth Five-Year Plan" period, China's power equipment industry will welcome development, mainly reflected in two aspects: First, smart grid, UHV and new energy construction will become the development of the power equipment industry The main driving force. In the next ten years, the total investment in smart grids will reach 1 trillion yuan, and the UHV total investment will reach 400 billion yuan, of which equipment investment will reach 250 billion yuan. From 2011 to 2020, the total investment in new energy development is expected to reach 5 trillion yuan, which creates a good environment for the development of the power equipment industry; Second, with the rapid economic development and accelerated pace of urbanization, the power equipment market Demand is gradually heating up, which will provide strong driving force for the development of China's power equipment industry.
In the future, the power equipment industry presents two major development trends: First, low-carbon economy, energy-saving and emission-reduction policies are the focus of economic development in the future, and the power equipment market is undergoing a transition to clean energy equipment manufacturing; Secondly, smart grids are currently being upgraded to multiple countries. At the height of the national strategy, smart grids have high requirements for equipment, and traditional equipment cannot support smart grids. In order to meet the growing market demand, the intelligentization of electrical equipment has become a trend.
The 2009-2011 China Electric Power and Electric Equipment Market Development and Analysis Forecast Report released by Champion Consulting shows that the promotion of advanced technologies for high-end electromechanical exports into the power equipment industry is a new direction for future development. At present, the domestic machinery and electronic products rely on low-cost price competition mode has not been substantially improved, the lack of core technologies in export products, and low quality have severely constrained the sustainable development of domestic machinery and electronic products. During the "12th Five-Year Plan" period, it is a general trend to promote the extension of mechanical and electrical products to the high-end of the industrial chain.
Shangpu consulted energy industry analysts pointed out that during the "Twelfth Five-Year Plan" period, China's power equipment industry will welcome development, mainly reflected in two aspects: First, smart grid, UHV and new energy construction will become the development of the power equipment industry The main driving force. In the next ten years, the total investment in smart grids will reach 1 trillion yuan, and the UHV total investment will reach 400 billion yuan, of which equipment investment will reach 250 billion yuan. From 2011 to 2020, the total investment in new energy development is expected to reach 5 trillion yuan, which creates a good environment for the development of the power equipment industry; Second, with the rapid economic development and accelerated pace of urbanization, the power equipment market Demand is gradually heating up, which will provide strong driving force for the development of China's power equipment industry.
In the future, the power equipment industry presents two major development trends: First, low-carbon economy, energy-saving and emission-reduction policies are the focus of economic development in the future, and the power equipment market is undergoing a transition to clean energy equipment manufacturing; Secondly, smart grids are currently being upgraded to multiple countries. At the height of the national strategy, smart grids have high requirements for equipment, and traditional equipment cannot support smart grids. In order to meet the growing market demand, the intelligentization of electrical equipment has become a trend.
The 2009-2011 China Electric Power and Electric Equipment Market Development and Analysis Forecast Report released by Champion Consulting shows that the promotion of advanced technologies for high-end electromechanical exports into the power equipment industry is a new direction for future development. At present, the domestic machinery and electronic products rely on low-cost price competition mode has not been substantially improved, the lack of core technologies in export products, and low quality have severely constrained the sustainable development of domestic machinery and electronic products. During the "12th Five-Year Plan" period, it is a general trend to promote the extension of mechanical and electrical products to the high-end of the industrial chain.
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