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China's Transformer Market Development 2020 Years Or Over Hundred Billion
- Jul 27, 2017 -

The national power Grid's work center of gravity and development strategy have great influence on the whole power industry, especially the total demand of transformer market, the number of bidding will greatly increase, the global market will gradually tilt to China, the application of cutting-edge products is expected to achieve better results in China.

Transformer has been the main equipment of modern power network construction. With the increase of investment in power facilities construction in recent years, the transformer market has been activated. At the same time, the demand of intelligent power grid project is also on the way of a-series power equipment, such as pulling transformers.

In fact, the transformer manufacturing industry relies on downstream power supply, power grid, metallurgy, petrochemical, railway, urban construction and other industries investment. In recent years, benefiting from the rapid development of national economy, the construction of power supply and power grid has been increasing, the market demand of transmission and distribution equipment has obviously increased, and the market demand for transformers and other power transmission equipments in China is expected to remain high for a long time.