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New power system construction spans the full chain from generation, transformation, transmission to distribution. Distribution network upgrades are driving steady growth in demand for packaged substations and complete switchgear.

Updated energy efficiency standards are driving distribution transformers toward lower losses. Level 1 products are gradually becoming the mainstream in power grid procurement, compelling manufacturers to accelerate material and process upgrades.

As dual-carbon goals enter a critical implementation phase, demand for energy-saving transformers and intelligent complete equipment continues to rise. This article outlines core trends and technology directions in the 2026 power equipment sector.