Shuiqing Muhua Research Report pointed out that China's transmission and distribution and control equipment industry has achieved rapid development in 2009, driven by key projects such as large-scale, long-distance transmission, UHV power grid construction, and new rural power grid reconstruction. The annual sales revenue was 656.19 billion yuan, a year-on-year increase of 15.7%; the total profit was 49.13 billion yuan, a year-on-year increase of 19.5%. Gas Stove Valve,Adjustable Angle Valve,Stove Pulse Valve,Electronic Ignition Switch Valve GUOLONG PRECISION VALVE CO.,LTD , https://www.glstovevalve.com
Driven by the rapid growth of the power transmission and distribution and control equipment industry, the five major sub-sectors in 2009 showed strong growth. Among them, the growth rate of capacitors and ancillary equipment sub-sectors is the most significant. Its main business income and total profit in 2009 increased by 28.3% and 63.3% respectively over the same period of last year. The main reasons are three points: First, China's ultra-high voltage and ultra-high voltage transmission. The rapid development of technology; the second is China's entry into the UHV demonstration project during 2009-2010, and its project investment is increasing; Third, China vigorously promotes energy conservation and emission reduction, and pays more and more attention to voltage quality, safety, and power saving.
In the first quarter of 2010, China's power transmission and distribution and control equipment industry declined due to the reduction of state power grid investment and the decline in equipment purchase prices. With the arrival of seasonal power peaks and the promotion of grid projects such as smart grids, the transmission and distribution and control equipment industry began to rise strongly in the second quarter of 2010, but its sub-sectors performed differently. Among them, the power sub-sectors of power electronic components and power distribution switch control equipment achieved rapid growth, and the sub-sector of capacitors and ancillary equipments declined rapidly.
With the increase of China's power demand and key projects such as high-voltage transmission and distribution, the transmission and distribution and control equipment industry will continue to grow in 2010, while the power distribution switch control equipment and transformers, rectifiers and inductors will continue to grow. Sub-sectors are expected to be the main driver of industry growth throughout the year.