Power industry development of electrical instrumentation manufacturing industry

In recent years, the country has adopted policies and policies to further increase infrastructure construction, expand domestic demand and stimulate economic growth, and large-scale investment in the construction and transformation of urban and rural power grids, bringing unprecedented opportunities to the electrical instrumentation industry.

According to statistics, in 2010, China's electrical instrumentation manufacturing industry achieved an industrial output value of 201.72 billion yuan, an increase of 28.77% year-on-year; sales revenue was 19.528 billion yuan, an increase of 30.41% year-on-year; the market demand for electrical instrumentation products generally maintained a growing trend.

Prospective Industry Research Institute released the "2012-2016 China Electrical Instrumentation Industry Development Prospects and Investment Forecast Analysis Report" shows that power grid construction is a global behavior, is a long-term, gradual rigid market, a major development for the electrical instrument industry opportunity.

In the outline of the 12th Five-Year Plan, China has explicitly proposed to promote the construction of smart grids, effectively strengthen the construction and transformation of urban and rural power grids, and enhance the optimization of power grids and power supply reliability of the grid. The development of smart grids has become a social consensus. In order to realize the healthy and sustainable development of the smart grid, the national grid has steadily advanced the smart grid construction in phases. Among them, the past is the pilot phase of planning for the year 2009, the comprehensive construction phase for the period 2012-2015, and the lead-up phase for the period 2016-2020.

At the same time, India’s electric power industry has developed rapidly and has a large population. The demand for electrical instrumentation is relatively large. The market demand for electrical instrumentation in other Southeast Asian countries and some developing countries will also increase. This will give China's electrical instrumentation companies the opportunity to expand into foreign markets.