NEW YORK, May 27, 2015 /PRNewswire/ -- An inverter is a
device that makes motors operate at variable speed. Customarily,
China defines an inverter driving
a AC motor with a rated voltage of 3-10kV as a high-voltage
inverter. The frequency control system consisting of high-voltage
inverters and high-power & high-voltage motors can realize the
goals of speed adjustment, energy saving (typically 30%-60% energy
is saved) and soft start.
As the demand for energy saving and environmental protection
increases and the equipment upgrading speeds up, China's high-voltage inverter industry has
achieved steady growth, and the market size jumped from
RMB1.1 billion in 2005 to
RMB7.7 billion in 2014, with the CAGR
of 24.1%.
In future, China will
prioritize the development of high-voltage inverters in order to
ensure energy security, improve energy utilization and solve the
haze problem. In 2015-2018, China's high-voltage inverter market size is
expected to grow at 15% or above.
Currently, high-voltage inverters are used in fans, pumps,
compressors, rolling mills and other equipment. Especially, fans
and pumps are key consumption areas of high-voltage inverters in
China and utilized 67% of such
inverters in 2014, followed by compressors with 7%; the remaining
26% was applied to metallurgy, steel rolling, mine hoists, belt
transmission, ship propulsion and other professional loads.
High-voltage inverters can be divided into general-purpose and
high-performance ones. More than 80% shares of the general-purpose
high-voltage inverter market is held by domestic enterprises such
as Hiconics Drive Technology and Guangzhou Zhiguang Electric; while
the high-performance high-voltage inverter market is mostly
dominated by Siemens, ABB, Rockwell and other foreign companies.
Because high-performance high-voltage inverters trigger higher
gross margin than general-purpose ones by 50%, domestic Chinese
enterprises will give priority to the R & D and production of
high-performance high-voltage inverters in the future.
Siemens: The world's largest high-voltage inverter manufacturer
entered the Chinese market in 1872. In FY2014, it achieved the
revenue of EUR6.44 billion in
China, accounting for 8.9% of its
global revenue. In January 2015,
Siemens launched SINAMICS G120C inverter with the rated power of
0.55kw-18.5kw, which can save the space by 30% and raise energy
density by 40% compared with conventional inverters.
Rockwell: It stepped in the Chinese market in 1988 and has set
up an R & D center, three production bases and 37 sales bases
there. In April 2015, the company
cooperated with SANY Heavy Equipment Co., Ltd to develop mine-use
high-voltage explosion-proof inverters jointly to further expand
the application of its products in the coal field.
Hiconics Drive Technology: China's largest local high-voltage inverter
manufacturer has set up its high-voltage inverter production bases
in Beijing and Wuhan. It sold 909 high-voltage inverters in
2014, so that the cumulative sales volume exceeded 10,000.
Beijing Leader & Harvest Electric Technologies: It is a
leader in China in terms of
high-power frequency conversion technology. In 2011, it was wholly
acquired by Schneider. In 2014, its high-voltage inverter sales
volume broke 11,000 cumulatively.
The report focuses on the following:
Size, competitive landscape, etc. of the global high-voltage
inverter market;
Environments, policies, technology and the like of China high-voltage inverter industry;
Size, supply and demand, prospect, price and so forth of Chinese
high-voltage inverter market;
Operation and layout in China of
five foreign high-voltage inverter manufacturers;
Operation, revenue structure and high-voltage inverter business of
nine Chinese high-voltage inverter manufacturers.
Read the full report:
http://www.reportlinker.com/p02987748-summary/view-report.html
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