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Market Research on Switch Cabinet in China 2016-2021

Since there are a large number of manufacturers in China switch cabinet industry, especially in the field of low-voltage, competition is very fierce. In the future, the concentration ratio will be improved. For recent years, output of switch cabinets keeps rising stably. In 2015, the output was about three million. It is predicted that in 2021, the output will reach about four million.
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In the China electricity distribution system, 12 KV and 40.5KV are most widely used. In 2015, the total output of medium- and high-voltage switch cabinets was about 640,000, in which most were of 12KV. It is predicted that in 2021, the output of medium- and high-voltage switch cabinets will reach about 890,000.
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For recent years, the demand for medium- and high-voltage switch cabinets has increased year by year. In 2015, the market scale was about RMB25.6 billion. In 2021, the market scale is predicted to be around RMB35.8 billion. Switch cabinets are used in electricity power, petrochemical industry and so on, in which electricity power is of the widest application. In 2016, the sales proportion of switch cabinets in electricity power was about 53%.

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