Transformer Manufacturing Industry Development

China’s new round of power grid transformation and upgrading has achieved positive results, this transformation provides a strong driving force for the increase in demand for transformers in the 12th Five-Year period, the State grid company will increase the proportion of investment in the next few years in the smart grid construction, UHV construction and power grid transformation and power industry development driven by the growth rate of domestic power transformers will remain at about 10%. The transformation of the rural power grid will directly increase the investment in power grid construction, make the cake share of the power equipment manufacturing industry larger, and the transformer industry will usher in a new period of development opportunities.

In recent years, the rapid development of the new energy power generation industry has brought a better development space for transformers, smart grid has entered an important stage of comprehensive construction, not only provides a good growth space for the transformer manufacturing industry, but also promotes the optimization of the transformer product structure and technological innovation.