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Analysis of the current market situation of China’s enameled wire industry

my country is the world’s largest enameled wire country, accounting for about half of the world’s output. According to statistics, my country’s enameled wire output in 2020 is about 1.76 million tons, a year-on-year increase of 2.33%.

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Enameled wire is one of the main supporting raw materials in the fields of electricity, motors, electrical appliances, home appliances, electronics, communications, transportation, power grids and aerospace. After decades of development, domestic enterprise costs have become the global leader by virtue of cost advantages, and domestic production capacity accounts for more than 50% of the world. The most important downstream of enameled wire mainly includes industrial motors, household appliances, power equipment, automobiles and other fields.

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Low-voltage transformers below 600V become low voltage transformer. A low-voltage transformer is a device that is composed of a primary coil, a secondary coil, and an iron core (magnetic core), and changes the voltage through electromagnetic induction. In electrical equipment and wireless circuits, it is often used for voltage rise and fall, impedance matching, and safety isolation. The main functions of the transformer are: voltage transformation; current transformation, impedance transformation; isolation; voltage stabilization (magnetic saturation transformer) and so on.