China is one of the fastest growing market , has become the second largest international market . Especially since the recent period , accelerate west to east , north and south mutual supply , building inter-regional networking projects , led to the rapid development of China's power transmission and distribution equipment industry . The industry believes that the current market from the perspective of the development in the coming years , China's transformer manufacturing industry will usher in a sustained and stable development period. In the next few years, smart grid construction , renovation and construction of UHV power led industrial development and the grid is expected during the second five power transformers growth rate will remain at around 10%. Rural power grids domestic market increased demand for transformers provide a strong impetus . China's new round of upgrading rural power grids to achieve positive results , as of November 2013 , the two companies completed a total power grid construction and upgrading of a new round of rural power invested 276.18 billion yuan areas without electricity . According to the investment objectives of rural power grids State Grid and Southern Power Grid has been disclosed , the two power companies during the second five total investment will exceed 500 billion yuan , the Chinese network is expected to invest nearly 400 billion yuan , is expected to invest 111.6 billion yuan Southern network . Transformation of rural power grid construction will directly increase investment, the share of electric power equipment manufacturing big cake , transformer industry will usher in a new period of development .New energy generation brings new opportunities for the transformer . From our part of the new energy sectors, wind power, photovoltaic power generation, waste power generation, cogeneration and other power generation capacity are growing. As of the end of 2012 , the national total installed wind power capacity of 60.83 million kilowatts , representing a growth rate of 35% , cumulative PV installed capacity of nearly 5,000 megawatts of cogeneration capacity of about 800 MW added and so on. Transformer as power transmission and distribution equipment essential industry , which is closely related to the scale of investment demand and electric power networks . In recent years, the rapid development of new energy power generation industry , more transformer brings good development space , has become a transformer manufacturing companies to seize market segments to expand the business scope of an important direction . It also promotes innovation and technology to optimize the product structure of the transformer .Currently, the smart grid has entered an important stage of building of urban and rural distribution network of intelligent building will be fully opened, smart grid and smart equipment, intelligent power distribution , control system will usher in a golden period of development . This is undoubtedly the transformer manufacturing industry provides a good growth.