2023 low voltage electrical appliance industry

Market and application development

8272-517 In the last issue of the public number, Mr. Yin Tianwen, chairman of the General Low-voltage Electrical Appliances Branch of the China Electrical Appliances Industry Association, focused on the overall economic operation status and key core data of the industry in 2023 in the keynote report “Re-thinking the development of low-voltage electrical appliances industry in the New era”, the overall operation of the industry is good, and the development of main product output is generally stable.

8272-517

This issue will focus on the analysis of the market and application development based on the keynote report “Re-thinking the development of low-voltage electrical appliance Industry in the New era”, pointing out the direction for the development of low-voltage electrical appliance industry in the new era, and providing clear guidance and profound enlightenment for the future development path of the industry.

1Application industry environment

8272-517 China’s GDP is 126.06 trillion yuan, the GDP growth rate is 5.20%, the per capita GDP is 89,400 yuan/person; At the same time, the country’s total electricity consumption of 9.22 trillion KWH, per capita electricity consumption of 6,539 KWH; The whole society’s electricity consumption increased by 6.7% year-on-year, 3.1 percentage points higher than that in 2022, and the recovery of the national economy drove the growth rate of electricity consumption.