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    Home > Chemicals Industry > Chemical Technology > The construction of power facilities has driven the transformer market to open the road to upgrading

    The construction of power facilities has driven the transformer market to open the road to upgrading

    • Last Update: 2022-11-18
    • Source: Internet
    • Author: User
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    Transformers have always been the main equipment
    for modern power network construction.
    In recent years, the transformer market has also been activated
    with the growth of investment in the construction of power facilities.
    At the same time, the construction demand of smart grid projects is also driving a series of power equipment such as transformers to open the road
    to upgrade.

    It is reported that the global power transmission and distribution equipment market demand is generally on the rise, emerging countries power station expansion, economic growth and electricity demand and other factors will promote the global power transformer market, from 10.
    3 billion US dollars in 2013 will increase to 19.
    7 billion US dollars in 2020, with a compound annual growth rate of 9.
    6%.

    On the one hand, the upgrading and transformation of traditional transformers will give rise to a large market share, and the elimination of backward products can promote the effective development of bidding work, and huge economic benefits will appear
    .
    On the other hand, the research and development, manufacturing, sales, use and maintenance of energy-saving and intelligent transformers will become the mainstream, and new products will inevitably bring new development opportunities
    to the industry.

    In fact, the transformer manufacturing industry relies on investment
    from downstream industries.
    In recent years, benefiting from the rapid development of the national economy, the construction investment of power supply and power grid has been increasing, and the market demand for transmission and distribution equipment has increased significantly, and it is expected that China's domestic market demand for transformers and other transmission and distribution equipment will remain at a high level
    for a long time.

    Industry insiders believe that from the current market development, in the next few years, China's transformer manufacturing industry will usher in a sustained and stable development period
    .
    In the next few years, driven by smart grid construction, UHV construction and grid transformation, and the development of the power industry, it is expected that the growth rate of power transformers will remain at about
    10% during the 12th Five-Year Plan period.
    At present, the smart grid has entered an important stage of comprehensive construction, the intelligent construction of urban and rural distribution networks will be fully opened, and the smart grid and intelligent complete sets of equipment, intelligent power distribution and control systems will usher in a golden period
    of development.
    This undoubtedly provides a good growth space
    for the transformer manufacturing industry.


    Transformers have always been the main equipment
    for modern power network construction.
    In recent years, the transformer market has also been activated
    with the growth of investment in the construction of power facilities.
    At the same time, the construction demand of smart grid projects is also driving a series of power equipment such as transformers to open the road
    to upgrade.

    transformer

    It is reported that the global power transmission and distribution equipment market demand is generally on the rise, emerging countries power station expansion, economic growth and electricity demand and other factors will promote the global power transformer market, from 10.
    3 billion US dollars in 2013 will increase to 19.
    7 billion US dollars in 2020, with a compound annual growth rate of 9.
    6%.

    On the one hand, the upgrading and transformation of traditional transformers will give rise to a large market share, and the elimination of backward products can promote the effective development of bidding work, and huge economic benefits will appear
    .
    On the other hand, the research and development, manufacturing, sales, use and maintenance of energy-saving and intelligent transformers will become the mainstream, and new products will inevitably bring new development opportunities
    to the industry.

    In fact, the transformer manufacturing industry relies on investment
    from downstream industries.
    In recent years, benefiting from the rapid development of the national economy, the construction investment of power supply and power grid has been increasing, and the market demand for transmission and distribution equipment has increased significantly, and it is expected that China's domestic market demand for transformers and other transmission and distribution equipment will remain at a high level
    for a long time.

    Industry insiders believe that from the current market development, in the next few years, China's transformer manufacturing industry will usher in a sustained and stable development period
    .
    In the next few years, driven by smart grid construction, UHV construction and grid transformation, and the development of the power industry, it is expected that the growth rate of power transformers will remain at about
    10% during the 12th Five-Year Plan period.
    At present, the smart grid has entered an important stage of comprehensive construction, the intelligent construction of urban and rural distribution networks will be fully opened, and the smart grid and intelligent complete sets of equipment, intelligent power distribution and control systems will usher in a golden period
    of development.
    This undoubtedly provides a good growth space
    for the transformer manufacturing industry.

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