Leading companies are driving a price adjustment trend in the electrical industry.

Faced with cost pressures, leading companies such as Schneider Electric, Siemens, and Chint Electric have all adjusted their prices. Schneider Electric will raise prices for its end-user power distribution products starting January 1, 2026, with an average increase of approximately 6% for its miniature circuit breakers and other series. Siemens has raised prices by as much as 53% for its discontinued S7-300 series, with overall low-voltage product increases ranging from 2% to 15%. Chint Electric, Delixi, Huichuan Technology, and People's Electric followed suit, with price adjustments taking effect in early January, and product increases covering a range of 2% to 30%.