Industry News
Due to the inability of the supply chain to keep up with the surge in electricity consumption, it is expected that imports will meet 80% of the demand for power transformers.US: Energy consulting firm Wood Mackenzie states that by 2025, the US is expected to face a 30% shortage of power
2025/10/22 16:54
The global power transformer market is expected to grow from $30.38 billion in 2025 to $41.62 billion in 2030, with a compound annual growth rate of 6.5%.According to a report by MarketsandMarkets, the global power transformer market is expected to increase from $30.38 billion in 2025 to $41.62
2025/10/20 14:36
With the acceleration of global energy transformation, the reliability of power grid depends more than ever on the smallest components from cable joints to transformers. Faults in these hidden elements may disturb the whole region, making strict testing a key part of grid elasticity and security.
2025/10/17 17:07
Six companies have won the converter engineering deal, and three companies have included cable engineering as part of the UK's energy future $79 billion (£ 59 billion) supply chain upgrade.UK: State Grid has awarded a $16 billion (£ 12 billion) contract for high-voltage direct current transmission
2025/10/13 16:43
According to a report by Future Market Insights, the global wound current transformer (CT) market is expected to reach $1.1 billion by 2025 and is expected to reach $1.9 billion by 2035, with a compound annual growth rate (CAGR) of 5.9%. This growth reflects its increasing popularity in industrial
2025/10/11 14:29
Recently, due to fluctuations in the international crude oil market and changes in the supply of additive raw materials, the prices of base oil and additives required for transformer oil production have fluctuated significantly, leading to a significant increase in the production cost of
2025/08/29 10:11
Recent data shows that China's export volume of transformer oil has reached a new high, demonstrating the increasing competitiveness of domestic transformer oil in the international market. The achievement of this result is due to the unremitting efforts of domestic enterprises in technological
2025/08/14 10:10
Recently, two local standards in Shandong Province, "Technical Specification for Condition Maintenance of Natural Ester Insulated Oil Transformers" and "Technical Specification for Handover Test of Natural Ester Insulated Oil Transformers", led by State Grid Shandong Electric Power Research
2025/08/13 14:24
According to the latest report from Persistence Market Research, the global transformer oil market is expected to grow at a compound annual growth rate (CAGR) of 8.5% during the forecast period from 2024 to 2033, with a market valuation expected to reach $10.1 billion by 2033. Behind this growth
2025/08/11 15:59
Recently, there has been exciting news in the Chinese transformer oil industry - Zhongli Company's independently developed "Haijiang" I-30 ℃ transformer oil has successfully passed the rigorous product certification in the ASEAN region, achieving the first independent export of high-end transformer
2025/07/31 17:06
In recent years, with the deepening of environmental protection concepts, green and low-carbon development has become a consensus among all sectors of society. As a traditional industrial province, Shandong has taken an important step in promoting green transformation. Have you ever thought about
2025/07/24 14:08
1、 Industry Overview and Market StatusAs the core insulation medium of power equipment, transformer oil plays three major roles: insulation, cooling, and arc extinguishing. Its market demand is highly related to power infrastructure, new energy development, and grid transformation.From the
2025/07/21 14:10