At present, all countries have adopted social electricity consumption as one of the criteria for assessing economic activity. In fact, electricity is indeed one of the most indispensable sources of energy in production and life. Without electricity supply, factory automation equipment cannot start, and family life is also Will return to the era of candles. At the same time, in order to further conduct reasonable power deployment and avoid serious incidents such as blackouts in the United States and Canada, all countries are actively improving existing electric facilities and constructing new electric facilities according to their needs. This has given rise to a huge market for electric equipment.

transformer
Transformers have been the main equipment for the construction of modern power networks. With the increase in investment in power infrastructure construction in recent years, the transformer market has also been activated. At the same time, the demand for smart grid project construction is also stimulating the upgrading and upgrading of a series of power equipment such as transformers.

In recent years, the global c market demand has shown an overall upward trend. There are two factors in the growth momentum of the global transformer market. On the one hand, the upgrading of traditional transformers will generate a large market share. The elimination of backward products will promote the effective implementation of bidding and bidding, and huge economic benefits will appear. come out. On the other hand, R&D, manufacturing, sales, use, and maintenance of energy-saving and intelligent transformers will become mainstream, and new products will inevitably bring new opportunities for development in this industry.

According to predictions from relevant research institutions, the growth of power stations in emerging countries, economic growth, and electricity demand will push the global power transformer market, which will increase from 10.3 billion U.S. dollars in 2013 to 19.7 billion U.S. dollars in 2020 (about 1191 million U.S. dollars). Billion), the compound annual growth rate reached 9.6%.

Smart meter

Electricity meters are the main medium between users and distribution networks. Today, smart grid construction is promoting the intelligent upgrade of electricity meters. Currently, the number of meters in use around the world, including industrial, commercial, and residential meters, is huge. There are about 1.7 billion units globally. If it is completely replaced by smart meters, the market size will be considerable.

The development of smart metering markets in various countries is mainly driven by the promotion and dominance of national policies, that is, through the implementation of statutory and subsidy policies to promote the construction of smart meters. For example, the European Union requires its member states to replace their electricity meters with smart meters by 2022. Electricity meter.

With the initiative of governments of all countries, the number of smart meter installations has started to show significant growth since 2009. Although the strength and progress of countries in promoting smart meters are different, together with the United States, which started the deployment of smart meters earlier, it will start in 2012. There is a trend of decreasing year by year, but with the accelerated construction of countries around the world, the deployment of smart meters will continue to increase, and the overall market will continue to grow.

From 2012, global smart meter shipments reached 100 million units, up 31.6 from 2011. According to idc, a market research institute, global smart meter shipments in 2015 will reach 163 million units, with an average compound annual growth rate of 15.4. The in-stat study also pointed out that the global smart meter market revenue forecast will exceed 12 billion U.S. dollars in 2016, and the penetration of smart meters will reach 59 in 2020. The market research institute pikeresearch also estimates that the installed capacity of smart meters in the world will reach 963 million by 2020.

The above two cases are only a small part of the entire power system, and also include a series of markets such as distribution automation and power control systems. All in all, under the social demand, the continuous improvement of power grid facilities will generate a huge industrial market, and the market will have to open up.