Due to constraints in technology and capital strength, the development of terminal blocks in our country has been "situated." According to industry experts' forecasts, it is understood that in recent years, China's terminal market has maintained a growth rate of 12-15%, and it is expected that it will maintain a growth rate of at least 10% over the next five years. At present, the growth rate of terminal installation capacity (power) in the Chinese market is actually around 20%. It is expected that the terminal market will become saturated and gradually mature after at least 10 years.
Terminals have been unparalleled in the modernization of elevators, electricity, and other fields as well as medicine, communications, transportation, transportation, electricity, electronics, and environmental protection. Almost all industries in the national economy are inseparable from terminals. From the standpoint of product advantages, through the high-quality control of the motor speed and the improvement of manufacturing process standards, the terminals not only contribute to the improvement of the manufacturing process, especially in the field of fine processing, but also can effectively save energy.
With the introduction of the Twelfth Five-Year Plan, terminal blocks will be developed in parallel with power electronics technology, motor control methods, and automation control levels. This confirms the old saying: The prospects are good, and the road ahead is rugged. China's terminal industry will be able to seize the opportunity to break the bottleneck of the current development, usher in the spring of the industry!