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Market Prospects

Nov 08, 2016

Transformers as the main power grid of power transmission equipment, is one of the most common devices in electrical equipment. With the progress of the continuous upgrading of industries, especially the manufacturing sector, both domestic and international market demand for transformers are also getting bigger. The "Twelve-Five" period, the State and Government distribution network automation and the implementation of the reform of rural power network-led development transformation and distribution fields, domestic market demands more and more, it also directly contributed to the prosperity of Chinese transformer industry. Statistics, domestic frequency converter market growth rate has remained at 12%~15%, the market potential is approximately 120 billion ~1800 billion.