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Global "transformer shortage"! China's exports surged 61% in two months, exports to the US soared by 182%, and the shortage in the US may persist until 2028.

Global "transformer shortage"! China's exports surged 61% in two months, exports to the US soared by 182%, and the shortage in the US may persist until 2028.

``` The global power transformer market is facing a severe supply-demand imbalance, while Chinese manufacturers are accelerating their efforts to seize international market share as a result. According to Zhuifeng Trading Desk, Goldman Sachs stated in its latest research report released on March 26 that in January to February 2026, China’
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