As the main power equipment of the power transmission process in the power grid, the transformer is one of the most common devices in the field of electrical equipment. It is also an important link in line design . In the transformer industry, China's market has grown rapidly and has now become the second largest market in the world. From the current market situation, smart grid construction, UHV construction and grid transformation, and the development of the power industry are driving the Now, China's transformer market has been fully activated, and the next few years will usher in a new period of rapid development.
Transformer demand is growing rapidly In recent years, China's power demand has grown rapidly. The high-speed construction and investment of power grids have driven the market demand for power transmission and transformation equipment. The huge amount of power construction funds has brought opportunities and challenges to the transformer industry, and has promoted the rapid development of the transformer industry.
In 2011, the national transformer output reached 1.43 billion kVA, a year-on-year increase of 6.86%. In 2011, there were 1461 enterprises above the designated size in China's transformer manufacturing industry, with sales of 290.140 billion yuan and total profits of 16.608 billion yuan. The asset scale was 263.840 billion yuan and product sales profits were 33.972 billion yuan. In 2013, China's transformer industry sales revenue was 368.034 billion yuan, an increase of 16.07% year-on-year.
From 2012 to 2020, under the direct influence of the domestic power grid construction and transformation, China's transformer market will enter a period of rapid development and the industry scale will continue to increase. It is estimated that by 2015, China's transformer output will exceed 2 billion kVA.
Experts analyze that power transmission and distribution and power grid construction promote the development of the transformer industry. In the next few years, driven by power transmission and distribution and power grid construction, the growth rate of power transformers during the 12th Five-Year Plan period will remain at about 10%.
It is understood that during the "Twelfth Five-Year Plan" period, the State Grid Corporation of China will invest more than 300 billion yuan for AC UHV construction. In 2015, a "Sanhua" AC UHV synchronous power grid with a "three verticals and three horizontals" core was formed. There are 38 additional UHV substations with a substation capacity of 260 million kVA, and new UHV AC lines of 26,000 kilometers; 15 DC projects have been developed with a total conversion capacity of 230 million kilowatts and a total line length of 25,000 kilometers.
The transformation of domestic rural power grids has provided a strong impetus for the increase in demand for the transformer market. China's new round of rural power grid transformation and upgrading has achieved positive results. As of November 2013, the two major power grid companies have completed a new round of rural power grid transformation and upgrading and investment in power construction in non-electric areas. According to the investment targets for the transformation of rural power grids disclosed by the State Grid and China Southern Power Grid, the total investment of the two major power grid companies during the "Twelfth Five-Year Plan" period will exceed 500 billion yuan. China Netcom is expected to invest nearly 400 billion yuan, and China Southern Grid is expected to invest 111.6 billion yuan. . The transformation of rural power grids will directly increase investment in power grid construction, increase the share of the power equipment manufacturing industry, and the transformer industry will usher in a new period of development opportunities.
New energy generation brings new opportunities for transformers. From the perspective of some new energy power generation industries in China, the installed power generation capacity of wind power, photovoltaic power generation, waste power generation, and waste heat power generation has all maintained growth. As of the end of 2012, the country's cumulative installed wind power capacity was 60.83 million kilowatts, a year-on-year growth rate of 35%. The cumulative installed capacity of photovoltaic power generation was close to 5000 MW, and the additional installed capacity of waste heat power generation was about 800 MW.
Transformers are necessary transmission and distribution equipment for the power generation industry, and the demand is closely related to the scale of power grid investment. The rapid development of the new energy power generation industry has provided it with better development opportunities, and it has also become an important direction for transformer manufacturers to seize market segments and expand their business scope. At the same time, it also promoted the optimization of transformer product structure and technological innovation.
The global transformer industry market size will exceed 100 billion in 2020. In recent years, the global market demand for power transmission and distribution equipment has generally shown an upward trend. According to the prediction of relevant research institutions, the expansion of power stations in emerging countries, economic growth and demand for electricity will drive the global power transformer market from US $ 10.3 billion in 2013 to US $ 19.7 billion in 2020 (approximately RMB119.1 billion). Yuan), with a compound annual growth rate of 9.6%.
Power demand in China, India, and the Middle East is growing rapidly, becoming the main growth driver of the global power transformer market growth forecast. In addition, the need to replace and upgrade old transformers in North America and Europe has also become a major driving force in the market. "The British power grid is very backward. Only by replacing and upgrading the power grid will there be no power outages in the country. Similarly, in other European countries, such as Germany, the power grid and electronics are undergoing continuous renovation to achieve a stable supply of the power grid. . "Some analysts said so.
In the industry ’s opinion, there are two factors behind the strong growth momentum of the global transformer market. On the one hand, the upgrading and transformation of traditional transformers will generate a large market share. The elimination of backward products can promote the effective development of bidding and bidding. The economic benefits will show up. On the other hand, the research and development, manufacturing, sales, use, and maintenance of energy-saving and intelligent transformers will become mainstream, and new products will definitely bring new development opportunities for the industry.
In fact, the transformer manufacturing industry relies on investment from downstream power supply, power grid, metallurgy, petrochemical, railway, and urban construction industries. Benefiting from the rapid development of the national economy in recent years, the investment in power supply and grid construction has continued to increase, and the market demand for power transmission and distribution equipment has increased significantly. It is expected that China's domestic market demand for power transmission and distribution equipment such as transformers will continue to increase over a long period of time. Keep it high.
At the same time, the work focus and development strategy of the State Grid also have a significant impact on the entire power industry. The implementation of distribution network automation and rural power network transformation will drive the total transformer market demand and the number of bids and bids, and the global transformer market will gradually increase its impact on China. Inclined, cutting-edge products are expected to achieve better results in China.