Huge power construction investment brings opportunities to the transformer industry

In recent years, China's power demand is growing rapidly, high-speed construction of power grids and investment in power transmission and transformation equipment market demand. Huge investment in electric power construction has brought opportunities and challenges to the transformer industry, prompting the transformer industry has been rapid development, is expected in the 12th Five-Year Plan period, the growth rate of China's transformer market will remain at about 10%!

During the 12th Five-Year Plan period, the two major power grid companies will invest a total of more than 500 billion yuan, of which the State Grid is expected to invest nearly 400 billion yuan, the South Power Grid is expected to invest 111.6 billion yuan.

In recent years, the global power transmission and distribution equipment market demand is generally on the rise. In recent times, to speed up the construction of the West-East power transmission, North-South interconnection, cross-regional networking and other projects, led to the rapid development of China's power transmission and distribution equipment industry. From the current market development, the transformer manufacturing industry will usher in another sustained and stable development period.

The upgrading of traditional transformers will give rise to a large market share, and the elimination of backward products can promote the effective bidding work, and huge economic benefits will be revealed. Energy-saving, intelligent transformer research and development, manufacturing, sales, use, maintenance will become the mainstream, the new products are bound to bring new opportunities for the development of the industry.

Transformer is the key electrical equipment for power transmission, due to the large number of transformers themselves consume considerable amounts of electricity. Relevant data show that, at present, all of China's transformers consume their own electricity accounted for 3% to 10% of the national power generation. And in the distribution network loss, transformer loss accounted for 40% ~ 60%, energy saving potential.