Analysis of the market prospect of low-voltage inverter in 2016

2023-02-14 11:35

The product defines the adjustable output frequency AC motor drive device with voltage level lower than 690V, which is classified as low-voltage frequency converter.
1、 Market overview
1. Growth rate
From 10 to 11 years, the growth rate of the low-voltage inverter market in China has exceeded 15%, far exceeding the GDP growth rate in the same period. The main reason is that the "four trillion investment" stimulus, the market application field is also expanding, and the user demand is also increasingly diversified.
2012-2013 is the watershed, and the performance decline is relatively serious. The main reason is that the "four trillion investment" has come to an end, the enterprise is short of funds, and many inverter orders have been canceled.
In 2014, China's industry gradually stabilized, and industries related to people's livelihood and consumption (such as food and beverage, packaging, electronics and other industries) were growing steadily, driving the recovery of the automation market in the OEM industry.
In the long run, that is, in the next 3-5 years, the low-voltage inverter market will still be in a stable growth state, with an average growth rate of 5-6%. The fast-growing industries are concentrated in infrastructure construction, oil and gas pipeline construction, and clean energy industry. The stock market of frequency converters will also become a major driving force for the growth of low-voltage frequency converters
2. Market share
The market share and ranking of frequency converter in 2014 are as follows:
First Group is represented by ABB and Siemens. The market scale is more than 1.5 billion, and the focus is on high-end and mid-market applications. The market features a full product line and a wide range of power bands. The products are mainly used in project-based markets and high-end OEM markets.
The Second Group, represented by Huichuan, Taida, Yaskawa, Schneider and Mitsubishi, has a market scale of about 1 billion. All of its markets will be involved, but the group that focuses on the OEM and high-end fan pump market is increasingly competitive. On the one hand, high-end companies such as Siemens have begun to pay more attention to the mid-market; On the other hand, the growth threat of the low-end market is increasing, and its products are used in various industries. It can be predicted that the number of manufacturers in this group will further increase, while the price may fall to the low-end market.
Third Group: It mainly refers to Emerson, Rockwell and Senlan. The market size ranges from 200 million to 500 million. Due to the small difference in size, the ranking and share are not clear. It focuses on the application fields in the mid-end and low-end markets, and the product application is mainly concentrated in OEM mechanical equipment.
Finally, the number of local scattered suppliers is still increasing. Except for a few technology-oriented companies, most companies have no clear growth goals and potential. The market is still in disorderly competition.