What are the developments in the power automation industry?

Since the end of the 90s of last century, China's power automation market has achieved rapid development, and the power automation technology independently developed by Chinese scientific research institutes has been launched


Since the end of the 90s of the last century, China's electric power automation market has achieved rapid development, China's scientific research institutes have independently developed power automation technology has been launched, with independent intellectual property rights of electric power automation equipment has also been successfully developed, domestic electric power automation enterprises have been rapidly developed, product varieties are gradually enriched, service quality continues to improve, production scale is gradually expanded, power automation industry has entered the era of localization.

According to the statistics of the "2013-2017 China Power Automation Industry In-depth Research and Investment Strategic Planning Analysis Report", in recent years, the asset scale of China's power automation industry has expanded year by year, and the number of enterprises above designated size has reached about 400. In 2010, the output value of the power automation industry reached 30.857 billion yuan, the sales revenue was 30.071 billion yuan, and the total profit was 2.177 billion yuan.

In recent years, China's power investment has shown a rapid growth momentum, and it is expected that during the "12th Five-Year Plan" period, with the acceleration of smart grid construction, the total power investment will remain at a high level. China's strong smart grid is characterized by informatization, digitization, automation and interactivity, and will enter the stage of comprehensive construction from 2011 to 2020, which will greatly promote the development of secondary equipment in the power system.

In view of the development status of China's power market, it is expected that power investment will continue to grow steadily for a long period of time, and the power automation industry, as an important part of power construction, will surely benefit from the historic development opportunities brought by power construction.

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