1. The overall competition pattern and marketization of the power supply industry The technology of the power supply industry in developed countries in Europe and America is relatively mature, and the development of the Chinese market is relatively late. In recent years, with the transfer of international industries, the continuous deepening of China's informatization construction, and the continuous development of aviation, aerospace and military industries, the rapid development of downstream industries has strongly driven the power supply industry, and China's power supply industry market has ushered in unprecedented business opportunities. The continued prosperity of the domestic power supply market has also intensified market competition. On the one hand, many well-known foreign companies have entered the domestic power supply industry market. On the other hand, the number of domestic power supply manufacturers has increased year by year. Chinese power supply companies are mainly distributed in three regions, one is the Pearl River Delta, mainly in Shenzhen, Dongguan, Guangzhou, Zhuhai, Foshan and other places; the second is the Yangtze River Delta, mainly Shanghai, southern Jiangsu, and Hangzhou; the third is Beijing and surrounding areas ; Wuhan, Xi'an, Chengdu and other places also have a certain distribution. These three regions have the fastest economic development, light and heavy industries are relatively developed, and the level of information construction and technological research and development is relatively high, providing sufficient conditions and convenient places for the research and development, production and sales of the technology-intensive power supply industry. China's power supply industry has formed a highly market-oriented state. There are a large number of manufacturers of power supply products, the market concentration is low, and the scale of enterprises is generally very different. Except for foreign companies and domestic first-class power supply companies, most power supply suppliers mainly produce a single type of low-end power supply products due to limited research and development capabilities, manufacturing levels, and service response capabilities. The technical content and added value of the products are low, and the market is competitive. Particularly fierce, they have adopted measures such as lowering product prices to maintain a certain sales share, leading to a gradual decline in the profitability of this part of the company, and the ability to adapt to the market and the ability to resist external risks is weak. Power supply companies with strong R&D capabilities have continuously made breakthroughs in product technology levels, and can meet customer requirements for new products and processes, and product profits can still be maintained at a high level; at the same time, communications, aviation, aerospace, military, railway, The in-depth development of power, energy saving, environmental protection and new energy in many fields has also had a positive impact on the profitability of these companies. In recent years, the global power supply industry is gradually shifting to Taiwan and the mainland of China. The gap between the production technology and technical level of domestic power supply companies and the international advanced level has gradually narrowed. Start the competition. 2. Development overview and prospects of main application areas of power products As a basic industry that serves various fields, the development of the power supply industry is greatly affected by downstream pulls. If the policies of the downstream industry develop rapidly, the power supply industry will be promoted accordingly. With the construction and upgrading of China's communication network facilities, the investment in China's aviation, aerospace and military industries has continued to increase, the construction of high-speed railways has accelerated, and the vigorous development of China's strategic emerging industries during the "13th Five-Year Plan" period is expected in the next few years China's power supply market will continue to grow. The main application areas of the power supply are introduced as follows:
(1) Communication and network application
In the domestic market, one of the important application areas of power supply is the field of communication equipment, which is mainly used for base station communication equipment, optical communication network equipment, broadband communication equipment, program control and network switches, environmental and monitoring equipment, etc. to provide power supply for equipment. Therefore, the investment scale of communication fixed assets such as communication equipment largely reflects the scale of power consumption.
During the "Thirteenth Five-Year Plan" period, my country will accelerate the construction of fiber optic broadband networks, next-generation Internet and new-generation mobile communication infrastructure, and basically build a new-generation broadband, integrated, ubiquitous, and secure communication infrastructure. The communications industry will promote the extension of universal telecommunications services from "administrative villages" to "natural villages", and the content of universal services will gradually expand from voice services to Internet services, basically realizing broadband connection between villages.
China's telecommunications industry is going through a historical stage of going global, and the vast overseas market has also stimulated the development of Chinese telecommunications companies. In addition, in addition to the traditional communication power supply market, power supplies for IP-based value-added applications and emerging wireless communication technologies also show great development potential. With the popularization and application of high-reliability and small-volume smart electronic devices, the market demand for power supplies in emerging industries has been gradually tapped.
In summary, the development of the information industry provides a good development opportunity for the development of domestic communication equipment manufacturers, and at the same time drives the rapid development of the power supply industry.
(2) Aviation, aerospace and military industry
Aviation, aerospace, and military industry are important application areas of high-reliability power products. Military high-reliability power products are used in aviation, aerospace, and military industries due to their wide application temperature range, adaptability to harsh application environments, anti-interference, and high reliability. It is widely used. Different from general application areas, the development of aviation, aerospace and military industry is closely related to the national defense expenditure. Therefore, the continuous increase in defense expenditure can effectively drive the development of the power supply industry in the aviation, aerospace and military fields.
During the "13th Five-Year Plan" period, my country will promote the construction of major aerospace projects from many aspects such as manned spacecraft, space stations, moon and Mars exploration, earth observation, space science, and Beidou satellite navigation; at the same time, it will accelerate the development of military-civilian integration and let Aerospace technology serves the economy and people's livelihood better and faster. -Mars exploration. my country plans to launch a Mars probe in 2020 to achieve the project goal of "orbiting, landing, and patrolling" in one step, and conduct landing patrol and detection work on Mars. High-resolution earth observation system. During the "13th Five-Year Plan" period, my country will develop and launch 5 satellites such as "Gofen-6" and "Gofen-7", and complete the construction of a high-resolution earth observation system to achieve high spatial and temporal resolution. And observations with high spectral resolution. Space science and application field. This year, my country`s first hard X-ray modulation telescope satellite and X-ray pulsed navigation satellite for space astronomy satellites will be launched, enabling my country`s astronomy to achieve leapfrog development from ground observation to space-earth joint observation in the field of high-energy astrophysics, and to establish a large-scale space-time reference. Beidou satellite navigation system. my country will build the Beidou No. 2 global networking system around 2020, forming the ability to provide high-quality services to global users.
In addition, my country will start from the two aspects of advancing the transformation of aerospace technology and developing the satellite application industry, promote space biology and other characteristic industries, expand and promote the information service industry with aerospace characteristics, innovate business models, accelerate military-civilian integration, and truly realize the benefits of space technology development The people's livelihood.
As the defense technology industry achieves the upgrading of military core capabilities, in order to meet the needs of scientific research and production of weapons and equipment, the application of the power supply industry in the fields of aviation, aerospace and military industry will also be at a relatively rapid level of development. Although the aerospace and military fields have stricter requirements for power products, the product gross profit margin is higher than that of other industries, which also attracts products from many foreign power suppliers. For example, power products such as VICOR and Interpoint in the United States are widely used in the military field. Therefore, under the trend of localization of military products, if China's power supply companies can provide high-quality power products to replace foreign products, it will reduce the dependence of my country's military products on foreign manufacturers and at the same time will help enhance their own profitability.
To sum up, the power supply industry is affected and driven by military industry policies and plans, and will be in a sustained business cycle in the next few years.
(3) Railway
The railway's demand for power products includes railway rail transit signal power and locomotive power. Power products are mostly used in railway locomotives, especially high-speed railway locomotives. As a high-tech assembly, high-speed railway locomotives have strict requirements on the various components of the locomotive itself. Almost all parts of high-speed rail locomotives need the stability of the power supply to maintain normal operation.
The high-speed rail locomotive part needs power supply devices including locomotive lighting system, train operation monitoring and recording device, screen display system (locomotive LED), control network system, display screen and audio broadcast, traction brake data recording device, sensors, etc. Since each part of the locomotive has different requirements for power supply indicators such as voltage and current, each part needs a power supply to convert the electric energy of the high-speed rail power supply environment to its required standard, so the application of power in the locomotive is almost everywhere. The environment of high-speed rail operation has changed greatly. The harsh external environment such as high pressure, high cold and high humidity poses unprecedented challenges to the construction of high-speed rail and the fuselage of high-speed rail. Therefore, all components of high-speed rail including power supply are required to be able to maintain under any harsh environment Normal work, so only power supply manufacturers with strong R&D and production technology levels can be shortlisted for high-speed rail procurement for production and supply.
my country's high-speed railways have experienced unprecedented rapid development in the past five years. The number of high-speed railway operating mileage directly reflects the development speed of high-speed railway construction. The operation of high-speed railway requires the purchase of a large number of high-speed rail locomotives, and high-speed rail locomotives need power supplies for power supply. Therefore, the operating mileage of high-speed railways indirectly reflects the scale of consumption of power products by the high-speed railway industry.
The "Thirteenth Five-Year" Modern Comprehensive Transportation System Development Plan pointed out that during the "Thirteenth Five-Year" period, the total investment in transportation will reach 15 trillion yuan, of which 3.5 trillion yuan for railways, 7.8 trillion yuan for highways, and 6,500 yuan for civil aviation. Billion, water transport 0.5 trillion. Railway: Newly added 29,000 kilometers of railway operating mileage, approximately 11,000 kilometers of high-speed railway, and high-speed railway covering more than 80% of cities with a population of 1 million or more. Urban rail transit: The operating mileage has nearly doubled over 2015, and an additional 2,700 kilometers. Promote the integration of urban rail transit with a permanent population of more than 3 million in urban areas. The 2016 government work report pointed out that [promote equipment, technology, standards, and services to go global and build a Chinese-made golden brand". As one of the Chinese-made golden brands, China High Speed Rail has shown great potential in overseas markets.
The increase in investment in high-speed rail will further stimulate the demand for locomotives, and will bring a huge stimulus to the development of the high-speed rail equipment industry, thereby stimulating the accelerated development and upgrading of the entire industrial chain of the power supply industry.
(4) Medical equipment power supply
Medical equipment is increasingly closely related to modern medical diagnosis and treatment. Any medical equipment cannot be separated from an efficient and stable power supply. Whether a medical equipment can exert its maximum effectiveness in a hospital is not only directly related to the technical performance of the machine itself, but also The quality of the power supply has an extremely close relationship. The quality of the power supply will directly affect the stability and reliability of the operation of medical equipment. With the continuous increase of the global population, the increase of social aging and the continuous enhancement of health care awareness, the global medical equipment market has maintained continuous growth in recent years. With the integrated development of the world economy, developed countries have gradually transferred their medical equipment and other high-end equipment manufacturing industries to China, providing a good opportunity for the development of my country's medical equipment power supply industry.
(5) Flat-panel TV power supply
Flat-panel TVs are thin-type TVs developed based on flat-panel display technology. Compared with traditional picture tube TVs, they have the advantages of lightness, thinness, low power consumption, and low radiation. According to different flat-panel display technologies, flat-panel TVs that have been marketed at this stage are mainly divided into LCD TVs and OLED TVs.
Although the overall growth of the global flat-panel TV market is slow, large-screen, intelligent, high-definition and energy-saving have become the development trend of the TV industry, and the growth rate and room for growth of related segmented products are relatively large. In terms of large-screen TVs, the average size of global flat-screen TV panels has continued to increase in recent years. Because large-screen TV power supplies are high-tech and high-value-added products, their unit prices are relatively high. As the market share of large-screen TVs continues to increase, The power supply components for large-screen TVs will have continuous growth in the market. In terms of intelligence, smart TV, as an open platform integrating multiple applications and functions such as multi-screen interaction, web search, online shopping, and real-time interaction, enhances the consumer's home entertainment life experience.
As large-screen, intelligent, high-definition and energy-saving have become the development trend of the TV industry, its requirements for power supply components will continue to increase. In this context, high-end TV manufacturers will have a stronger dependence on power supply companies with core technical strength and solution provision capabilities. Power supply companies that have shifted from low-power power supplies to high-power, high-tech power supplies will gain long-term Market demand. Moreover, my country is a major producer of flat-panel TVs, with shipments accounting for more than 90% of global shipments, and has been in a dominant position for a long time, which is conducive to the domestic development of upstream related industries such as flat-panel TV power supplies.
(6) Uninterruptible power supply (UPS) application field
Uninterruptible power supplies are now widely used in: mining, aerospace, industry, communications, national defense, hospitals, computer business terminals, network servers, network equipment, data storage equipment, UPS uninterruptible power supplies, emergency lighting systems, railways, shipping, transportation, Power plants, substations, nuclear power plants, fire safety alarm systems, wireless communication systems, program-controlled switches, mobile communications, solar energy storage energy conversion equipment, control equipment and its emergency protection systems, personal computers and other fields.
From the perspective of industry application trends, the traditional UPS application industry is mainly concentrated in the four industries of finance, telecommunications, government, and manufacturing. In recent years, as cloud computing has entered the practical application stage, the development of big data, the construction of smart cities, and the development of information consumption With continuous advancement, applications in the transportation, energy, medical, insurance, and energy industries have grown rapidly. In the context of the rapid development of emerging industries, the rapid development of hotspots such as big data, smart cities, urbanization, and 5G will detonate new growth points in the UPS market.
Big data is a sunrise industry that will promote the explosive growth of data center infrastructure and related software. The data center environment deployed by enterprises will also make corresponding changes and innovations. For UPS manufacturers, opportunities and challenges coexist. Many of the construction of smart cities are carried out around digital and informatization to the construction of data room and the transformation of communication infrastructure. Whether it`s the nerve endings of smart cities (data collection, communication to the home), or nerves/nerve fibers used to transmit data, or neuron networks (core processing, information storage), UPS manufacturers can have access to many aspects. Done. Urbanization will promote the application of the UPS market in transportation, power, public service and other industries.
After more than 20 years of development, my country's uninterruptible power supply has been widely used in industrial control, communications, medical care, computers, transportation, banking, securities and other fields, successfully solving the problems of power interruption and poor power quality. As the status of the information industry in the national economy becomes more and more important, my country will further increase information in various industries, especially information, communications, power, finance, government, manufacturing, transportation, medical and health, public safety and other fields. Industrialization construction investment and the acceleration of informatization construction in downstream fields will inevitably drive market demand for UPS.
(7) Development prospects of new application fields
Based on the extensive application of power products in various traditional fields, and in the context of the country`s new development strategy, the power supply industry is bound to show great development potential in some emerging fields.
A. Internet of Things
The Internet of Things is the use of communication technologies such as local networks or the Internet to connect sensors, controllers, machines, personnel, and things in a new way to form a connection between people and things, things and things, and realize informatization, remote management and control. Intelligent network, the Internet of Things is an extension of the Internet, it includes the Internet and all the resources, equipment and communications on the Internet, and is compatible with all Internet applications.
The construction of the Internet of Things requires a large number of smart electronic devices such as chips, sensors, and controllers for IoT perception. The various devices and devices described above are inseparable from the stable, efficient and continuous power supply of the power supply. The power supply industry will suffer from this. Pull to maintain sustained and rapid development.
B. Cloud computing/big data/data center
Cloud computing is a pay-per-use model that provides usable, convenient, and on-demand network access and enters a configurable shared pool of computing resources (including networks, servers, storage, application software, services, etc.) , These resources can be provided quickly, with little management effort or little interaction with service providers; big data refers to the need for new processing models to have stronger decision-making power, insight and discovery, and processes Mass, high growth rate and diversified information assets with optimized capabilities; a data center is a complete set of complex facilities, including computer systems and other supporting equipment (such as communication and storage systems), as well as redundant data communication connections , Environmental control equipment, monitoring equipment and various safety devices are an important foundation for the development of "cloud computing" and "big data". Both cloud computing and big data require high-performance electronic equipment in the data center for efficient computing and massive data storage, and all kinds of equipment in the data center are inseparable from the stable, efficient and continuous power supply of the power supply. Most of the power distribution in the data center is alternating current. Most of the electronic components (chips, resistors, capacitors, etc.) in the data center are driven by low-voltage DC power supplies. The alternating current needs to be converted, and each conversion will lead to power consumption. The conversion efficiency of the power supply puts forward very high requirements. Therefore, driven by the development of "cloud computing", "big data" and "data center", the power supply industry will maintain rapid development.
C. Energy saving, environmental protection and new energy
Faced with the high energy consumption and the limited traditional energy reserves, with the gradual acceleration of my country`s industrialization and urbanization, and the telecommunications, aviation, aerospace, military, railway, power and other industries are prospering driven by national policies and major projects With development, the contradictions between energy resources and ecological environment facing my country will become increasingly prominent, and the promotion of "new green, energy-saving and efficient" products has become a key development direction in the future.
On December 19, 2016, the State Council issued the "Thirteenth Five-Year" National Strategic Emerging Industry Development Plan. It is planned to achieve production and sales of more than 2 million new energy vehicles by 2020, with a cumulative production and sales of more than 5 million vehicles, and accelerate the construction of a unified and convenient infrastructure system. By 2020, the scale of output value will reach more than 10 trillion yuan. On December 20, 2016, the State Council issued the "Catalogue of Investment Projects Approved by the Government". In the future, the new capacity of traditional fuel vehicles will be controlled, and in principle, no new fuel vehicle market enterprises will be approved. New energy vehicle production enterprises must have key technologies such as power systems and vehicle research and development capabilities. The "Energy-saving and New Energy Vehicle Technology Roadmap" was completed by the Chinese Society of Automotive Engineers after more than one year, mobilizing more than 500 experts and scholars from various fields to participate, revealing the energy-saving and new energy vehicles in China`s automotive industry by 2030. Directionality. The technology roadmap is the latest comprehensive guideline for energy-saving and new energy vehicles at this stage. It is produced in accordance with the policy "Made in China 2025" that China has become a manufacturing power. The "Technology Roadmap" mentioned that it is necessary to promote the miniaturization and weight reduction of energy-saving passenger vehicles. The energy-saving passenger car mentioned here refers to a car with an internal combustion engine as the main power system and a comprehensive fuel consumption exceeding the next-generation fuel consumption standard, including HV, alternative fuel (natural gas, etc.) low-carbon fuel vehicles. In terms of energy-saving vehicles, the energy-saving technologies and fuel consumption levels of traditional vehicles have been improved by upgrading and optimizing the powertrain, reducing the friction loss of the engine, and adopting advanced 48V systems and other electronic and electrical technologies. The market share of energy-efficient vehicles in China is targeted to reach 30% by 2020, 40% by 2025, and 50% by 2030. The development and popularization of pure electric vehicles, plug-in hybrid vehicles and fuel cell vehicles have put forward strict requirements on the development of new energy vehicle technology and the construction of charging facilities. Therefore, the working efficiency requirements of the on-board AC-DC chargers and DC-DC converters of new energy vehicles are also increasing, and the on-board power supply products will develop in the direction of high power density, high conversion efficiency, and high stability. With the acceleration of the development of new energy vehicles and the increase in the popularization rate of promotion, the demand for supporting power facilities such as on-board power products and charging piles will continue to increase, stimulating the development of the power supply industry.
