The Continuous Boom of the Power Industry Drives the Development of Power Transformers
The electrical power transformer manufacturing industry's upstream industries are silicon steel sheets, copper, aluminum, and other non-ferrous metal raw materials. The raw material of the transformer is the main cost of its industry. For general electrical general power transformers, silicon steel accounts for 35% of the total cost, copper accounts for 30%, insulating materials account for 15%, plates account for 10%, and other materials account for 10%. In the transformer industry, material costs account for more than 60% of the final product cost.
Residential electricity consumption also has a more significant impact on the power transformer industry. The world's population is large, urbanization is rapid, living standards continue to improve, and the electricity demand is increasing day by day, which puts forward higher requirements for power grid construction and promotes power transformer manufacturing the industry's development.
The downstream users of the power transformer manufacturing industry mainly include the power supply power system departments and other sectors that need to build their power networks (such as petroleum, chemical, mining, metallurgy, railways, etc.). The development of the power industry will have a significant impact on the industry.
The China electrical power transformers industry is a typical investment-driven industry. In considering the international market only, global power investment determines the rise and fall of the power transformer industry, where power plants and power grids constitute two major types of customers for transformer demand. Power grid companies, from the 1000kV transformers to 10kV distribution transformers, all have huge demand.
In response to the growing demand for power transformers, Yuebian Electric Co., Ltd. also provides the best quality power transformers for power grid companies worldwide to promote the development of the power industry.
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