With the sustained and healthy development of China's economy, power demand continues to grow rapidly. In 2011, the nation's total electricity consumption of 4.69 trillion kwh, up 11.7% over the previous year, consumer demand is still strong. Per capita electricity consumption of 3483 kwh, an increase of 351 kwh than the previous year, more than the world average.
China's rapid development of power construction led the development of China's substations and transformers manufacturing industry. In 2011, the national transformer production reached 1.43 billion KVA, an increase of 6.86%. In 2011, China's transformer manufacturing industry scale (main business income of more than 20 million yuan) 1461 companies; sales of 291.01 billion yuan, total profit of 16.608 billion yuan, assets of 263.84 billion yuan, the product Sales profit of 33.972 billion yuan.
China's transformer industry is highly competitive, foreign multinational companies to seize a large market share, the number of domestic transformer manufacturers are also rapid growth. In the low-end transformer market is highly competitive, with 220KV pole mounted distribution transformer production capacity of more than 20 enterprises, with 110KV transformer production capacity of more than 100 enterprises. The production of more than 500KV transformer enterprises through technology and capacity to build a very high barriers to entry, the market tends to stabilize the pattern.
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