Transformer industry may usher in the golden age

　The technology dividend brought about by the introduction of the third scientific and technological revolution, the demographic dividend brought about by baby boomers and urbanization development, the policy dividend brought by the growth monetary fiscal policy, and the third wave of mergers and acquisitions initiated by Marshall The market dividend has created the "golden age" of the United States.
　For China, the “One Belt, One Road” strategy will also have a profound impact on China’s future economy – restructuring China’s national balance sheet and setting off a fourth domestic investment boom, and also marking a new wave of corporate mergers and acquisitions. prelude. In particular, the rise of a new round of mergers and acquisitions will be a national carnival involving state-owned enterprises and private enterprises, and will bring a wave of “mergers and cattle” to the Chinese capital market.At the same time, the “Belt and Road” has become a long-term national strategy, which will promote the strategic adjustment of the economic structure and provide a way out for the resolution of China's overcapacity and the continued development of industrial capacity. Domestic power investment has also shifted from high-speed growth to medium-speed growth, and there is still much room for development in overseas markets. The “Belt and Road” will help the power equipment industry break through the ceiling. In this regard, the analysis of the electric tiger network believes that the “Belt and Road” will bring the golden age of the development of the transformer industry.
　With the implementation of the “One Belt, One Road” strategy, it will certainly promote the construction of power infrastructure in the relevant countries of the economy, and drive the export of China's transmission and distribution equipment, bringing new growth points for domestic transformer enterprises. In recent years, the global market demand for transmission and distribution equipment has generally increased.
　According to research institutions, the expansion of power plants in emerging countries, economic growth and demand for electricity will drive the expansion of the global power transformer market, from $10.3 billion in 2013 to $19.7 billion in 2020. Reached 9.6%.
　Some experts believe that the growth of power demand in China, India and the Middle East will become the main growth driver of the global power transformer market growth expectations. In addition, the replacement and upgrade of old transformers in North America and Europe will also become the main driving force in the market.