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​China's Transformer Manufacturing Industry Continues To Rise And Ranks First In The World

Apr 09, 2018

In recent years, thanks to a large number of infrastructure investment and the rapid development of the power industry, the proportion of transformers in power grid equipment investment has reached about 30%. It is understood that China has surpassed the United States as the world's largest power grid, and the transformer market ranks first in the world. The size of the transformer industry has expanded rapidly and production capacity has increased significantly, but there are also issues such as low industry concentration and outdated technology. Only by deepening the development of technology and promoting the continued rise of high-end transformer manufacturers can the industry lay a better foundation for the “Made in China” brand name.