I. Overall Prospect: A Structural Growth Track with High Certainty Intelligent switchgear represents the core upgrading direction of power equipment, transitioning from functional to intelligent systems. Conventional switchgear markets are plagued by overcapacity, intensifying price wars, and shrinking profit margins. In contrast, intelligent, digital and integrated switchgear constitutes a structural incremental track with strong growth […]

1. Overall Pattern: Bottoming Out and Rebounding with Normalized Low-Speed Growth Following the phased low point in 2026, the global PV installation capacity will resume positive growth in 2027. The industry has basically exited the high-growth era, with the annual growth rate expected to slow to approximately 3%, entering a phase of steady low-speed expansion. […]

AI and power are mutually reinforcing. Power underpins computing power; the expansion of AI generates massive electricity demand. Meanwhile, AI fuels the transformation and upgrading of the power industry.

In 2026, global power markets will see robust growth driven by grid modernization, energy storage expansion, digital transformation and AI energy demand, offering tremendous overseas export and EPC opportunities for competitive Chinese power enterprises.