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The US tariff increase may increase China's transformer export costs in the short term, but the industry has effectively hedged through supply chain adjustments and technology upgrades. In the long run, the domestic demand gap in the United States, the global new energy transformation and the cost advantages of Chinese companies will continue to drive the industry's export growth, and the tariff policy will become a catalyst for accelerating the reconstruction of the global industrial chain. It is recommended to pay attention to leading companies with a complete overseas layout and leading technology (such as Jinpan Technology, Siyuan Electric, etc.).

Specifically, after adding a capacitor to the AC circuit, it can offset the reverse force (reactive power) generated by some devices (such as coils), thereby better synchronizing the current and voltage, reducing power waste and improving power efficiency.

China's transformer production continues to rise: in 2023, domestic transformer production reached 2.075 billion kVA, and is expected to exceed 2.2 billion kVA in 2025, with an average annual growth rate of about 5%. The transformer market is also gradually expanding: the global dry-type transformer market size was 32.852 billion yuan in 2021, and is expected to increase to 51.527 billion yuan in 2027, with an average annual compound growth rate of 7.79%

With the continuous growth of global electricity demand and the rapid development of renewable energy, the power transmission equipment industry is ushering in a technological revolution. Several leading power transmission equipment manufacturers recently displayed their latest intelligent products and solutions at the International Power Exhibition, attracting the attention of many industry experts and investors.