1. Overview of the development of the power quality optimization and management equipment industry
Power quality refers to the nature and characteristics of the power provided to users by the power supply system, including voltage fluctuations, frequency stability, harmonic content, voltage flicker, power interruption and other aspects. Good power quality is the basis for ensuring the normal operation of power equipment and the power demand of users.
From the perspective of optimization and management equipment to solve power quality problems, it can be divided into power quality monitoring products, power quality management products, power quality software and services, etc.
In recent years, with the acceleration of my country's industrialization and urbanization process, and the popularization and application of various electronic equipment, the market demand for power quality optimization and management equipment has increased year by year. The market potential and industry prospects have attracted many companies to join. In this situation where competition is gradually intensifying, innovation ability and product quality have become important factors in corporate competition. At the same time, users' requirements for power quality are getting higher and higher, which means that technological innovation in the industry is imperative. For example, the development of high-precision power quality monitoring instruments and analysis software to accurately monitor and analyze problems in the power grid; upgrading various filters, compensation devices and voltage stabilizers used to eliminate harmonics, regulate voltage and improve power supply stability.
In terms of application areas, in addition to traditional industrial production fields such as metallurgy, chemical industry, communications, construction, and low-voltage distribution networks, with the rapid development of emerging fields such as wind power, photovoltaics and other renewable energy, a series of new power quality problems have emerged, which has also aggravated some long-standing power quality problems in the past. These fields have gradually become the key areas for the development of power quality products. At the same time, the power quality optimization and management equipment industry is gradually entering new life application scenarios such as residential areas and charging stations, and is more closely related to residents' lives.
2. Application and market size of power quality optimization and management equipment in downstream
Power quality optimization and management equipment is mainly used to improve power quality problems in power systems to ensure the normal operation and high efficiency of equipment. It mainly includes voltage stabilizers, harmonic filters, flicker compensators and power quality analyzers. Among them, voltage stabilizers mainly adjust the output of transformers to maintain a stable voltage level to avoid voltage fluctuations causing equipment failures; harmonic filters are used to reduce the harmonic content in power systems, ensure the purity of power supply, and prevent harmonics from causing adverse effects on equipment; flicker compensators are used to control voltage flicker in power systems to ensure that equipment is supplied with stable power; power quality analyzers can monitor power quality parameters in real time in power systems, such as voltage, current, harmonics, etc., so as to analyze and identify power quality problems and provide operators with targeted improvement strategies.
Overall, with the continuous development of science and technology and the improvement of social informatization, the popularization of technologies such as the Internet of Things is gradually driving a significant increase in the demand for power quality optimization and management equipment. Power quality optimization and management equipment ensures the normal operation of production equipment and avoids production line interruptions caused by power quality problems by reducing problems such as harmonics and voltage fluctuations. According to statistics and forecast data, the global power quality optimization and management equipment market has a market value of approximately US$32.4 billion in 2021. It is estimated that by 2026, the global power quality optimization and management equipment market will reach US$46.1 billion, and the market size will continue to increase at a compound annual growth rate of approximately 7.3% per year. Among them, Asia-Pacific is the fastest growing region. As an important economy in the Asia-Pacific region, China plays an important role in this growth process. According to forecasts, by 2026, China's power quality optimization and management equipment market will continue to increase at a compound annual growth rate of 8.3%. This brings broad market opportunities for the power quality optimization and management equipment manufacturing industry.
3. Competition pattern of power quality optimization and management equipment market
With the development of the power system and the increasing prominence of power quality issues, the power quality optimization and management equipment industry has attracted many companies to enter the market. The demand for power quality optimization and management equipment is large, mainly concentrated in new energy, coal mines, steel and other factories and mines, and the market competition pattern is characterized by dispersion and low concentration.
