Transformer has been the main equipment of modern power network construction.With the power facilities construction investment growth in the past few years, the transformer market has been activated.At the same time, the smart grid project construction demand is also driving the transformer and other power equipment to open the way to upgrade.

In recent years, the global transmission and distribution equipment market demand is generally a rising trend,According to the relevant research institutions predict that the new national power station expansion, economic growth and electricity demand and other factors will drive the global power transformer market,From 2013's the annual compound growth rate of 9.6%.

Some experts believe that the growth of China, India and the Middle East electricity demand has become the main growth drivers of the global power transformer Market growth.In addition, North America and Europe to replace, upgrade the demand for the old transformer has become the main driving force of the market.British power grid has been very backward, only to replace and upgrade the grid work, the state will not appear power.Similarly, in other countries in Europe, such as Germany, power grids and electronics are ongoing renovation, to achieve a stable supply of power grids, analysts said.

Global transformer market size of the strong growth momentum of the factors have two aspects, on the one hand, the upgrading of the traditional transformer will have a great market share,The elimination of backward products can promote the effective development of the bidding work, and the huge economic benefits will be revealed.On the other hand, energy saving, intelligent transformer R & D, manufacturing, sales, use, maintenance will become the mainstream, the new product is bound to bring new development opportunities for the industry.

In fact, the transformer manufacturing industry depends on the lower reaches of the power, power grids, metallurgy, petrochemical, railway, urban construction and other industries investment. In recent years, with the rapid development of the national economy, power supply, power grid construction investment continued to increase, the market demand for power transmission and distribution equipment, is expected to remain high in the domestic market demand for transformers and other power transmission and distribution equipment in a long period of time.