In 2023, the global low-voltage power distribution market has grown significantly which exceeded 400 billion yuan, achieving an increase of about 4%. In China, the low-voltage electrical appliance market reached 84.7 billion yuan, showing a slight upward trend. Domestic enterprises responded positively and stepped up their efforts to expand overseas markets. The export volume of the entire industry reached 8.25 billion yuan, a staggering 53.06% year-on-year increase. Among low-voltage electrical products, distribution appliances continue to grow steadily with a high proportion of 48%. With the rapid development of key areas such as data centers, new energy vehicles, and charging piles, the DC product market has ushered in a broad space for development.  In 2023, the market size of this field has reached 5.82 billion yuan, with an annual growth rate of 20%, showing strong development momentum. It is expected that by 2027, the DC product market size will exceed the 10 billion yuan.

    In the evaluation of global performance scale and brand awareness, Schneider, Siemens, ABB and Eaton were rated as the leading brands in the international market, while Chint, as the only domestic brand, ranked in the second echelon. When grading the sales scale of low-voltage electrical appliance companies, we can see that Wenzhou companies are everywhere in the six echelons from "tens of billions" to "less than 500 million." Chint Group is as famous as the international giant Schneider, becoming a leader in "tens of billions" companies. In the "5 billion-10 billion" echelon, Delixi Electric is unique. Among them, Chint and Delixi accounted for half of the industry's total exports with export performance of 3.02 billion yuan and 1.1 billion yuan respectively. Wenzhou's electrical companies frequently appeared in subsequent echelons, demonstrating their competitiveness in the industry.

    As a leading enterprise of electrical contact materials in China, Fudar Alloy  mainly provides supporting services to home and abroad customers, such as Schneider Electrics, ABB, Siemens, Fuji Electrics, Omron, Emerson, Panasonic, Mitsubishi, TE, Eaton, Chint, Delixi, Nader, Honafa. The products are export to 32 countries and regions of Europe, Asia, America, Oceania and Africa. The company will adhere to the business philosophy of "Quality is more important than output, Brand is more important than benefit, Responsibility is more important than profit" to serve customers, and is committed to becoming the global leader in the supply of overall solutions for electrical contact systems.

——The data of the article comes from the Internet