In the transformer industry, China's market has grown rapidly and now it has become the second largest market in the world. With the rapid growth of China's power demand, the high-speed construction of the power grid has boosted the market demand for power transmission and transformation equipment. Transformer as the key electrical equipment of power transmission, the market demand has also maintained a steady growth.
Quantity is very large transformer industry enterprises in China, according to foresight industry research institute "in 2016-2021 China transformer manufacturing industry production and marketing demand and investment forecast analysis report shows that at present, our country has the qualification in producing different kinds of transformer is about more than 2000, while gross industrial output value of more than 100 million yuan only more than 130, more than 2000 employees are only 20 or so. According to the division of industrial output value, small and medium-sized transformer manufacturing enterprises account for more than 80% of the total number of enterprises. Most small enterprises are not strong in technical strength, and can only produce low-end products below 110, which leads to a serious excess of production capacity in the low-end transformer market. According to statistics, the current capacity utilization rate of domestic transformer is only 50%.
Due to the low added value of the low-end products themselves, coupled with the imbalance between supply and demand, the price has directly led to a continuous decline, many enterprises have been on the edge of loss, operating conditions are worrying. According to the analysis of the transformer industry report, at present, the enterprises in the low-end market of transformers are mixed. Under the price war, some enterprises will give up the quality at the cost of this part of the enterprises will be eliminated by the market, and the industry will face a big reshuffle. Generally speaking, the high-end market is more prosperous and there is still a lot of market space.
At present, China has the ability to produce 500kV transformer enterprises not more than 10, independent production technology level is more advanced countries compared with a certain gap, the overall technical level has yet to be improved; The domestic production of 220kV transformer enterprises are not more than 30; Can produce 110KV transformer enterprises are only more than 100; More than 100 transformer companies with an annual output of more than 100 is very rare.
From the perspective of market pattern, China's transformer industry presents a pyramid structure, the higher the voltage level, the stronger the technical barriers, the fewer manufacturers, the higher the degree of monopoly. Under the new opportunities, the power transformer market continues to expand at the same time, but also requires the transformer industry to carry out a new upgrade, especially in the case of intelligent development, energy saving, intelligent transformer research and development, manufacturing, sales, use, maintenance will become the mainstream.