The State Development Planning Commission predicts that the total investment in China's converters will exceed 50 billion yuan in the next 15 years, of which 60% to 70% will be medium-voltage high-power inverters. China's high-voltage inverter market has its own particularities, including: (1) The industry is very strong, mainly concentrated in the metallurgy, electric power, water supply, petroleum, chemical, coal and other industries. In the industrial power industry, the power consumption of oil, coal and other energy industries accounted for 22.34%; the chemical industry accounted for 14.73%; the metallurgy accounted for 14.18%; the machinery and building materials accounted for 10.96%; the water supply accounted for 10.53%.
In 2012, the strong increase in sales of medium voltage inverters in North America offset the weakness in the Chinese market, which led to a 6% increase in sales of medium voltage inverters worldwide, reaching 26 billion. In the latest IHS medium voltage inverter research, sales of medium voltage inverters in 2013 are expected to increase to 8%, which is widely affected by the growth rate of regional divergence.
In North America, the unconventional energy revolution in natural gas and oil has led to an increase in the sales of medium voltage inverters in the oil and gas industry in the United States. IHS predicts that sales of medium-voltage inverters in the Americas will increase by more than 14.5% in 2013 and will exceed 9.5% in 2014. The US medium voltage inverter market is highly dependent on the operating mode of the oil and gas industry. In 2012, IHS forecasted that more than 35% of US medium-voltage inverter sales were in the oil and gas industry. This forecast is complicated because it is predicted that sales of medium-voltage inverters into upstream, midstream and downstream applications will diverge between 2013 and 2017.
In the Asia-Pacific region, China occupied two-thirds of the medium-voltage inverter market in 2012, and about one-third of the rest of Asia. In 2012, the sales of medium-voltage inverters, which are widely divergent, have shown growth in various regions. In China, overcapacity of metals, cement, and shipbuilding led to a weaker sales of medium-voltage inverters in 2012, while other regions in Asia have experienced rapid growth of medium-voltage inverters, benefiting from sales in Southeast Asia.
In 2014, sales of medium-voltage inverters in China are expected to increase, due to the demand of medium-voltage inverters in various industries. However, in the Americas, especially in Latin America, the continuing strong sales in the United States and Canada will drive sales throughout the Americas.
IHS analysts said: "In the next five years, the demand for medium-voltage inverters in various industries will lead to a completely different market for medium-voltage inverters. Under a challenging economic environment, understanding what will drive these changes will be greater than ever. It's more important at any time."
Infinite market prospect of frequency converter With the development and comprehensive utilization of variable frequency and high speed technology, the inverter industry has achieved unprecedented development in the modernization of cement, elevators, printing, electricity and other fields as well as medicine, communications, transportation, transportation, power, electronics, environmental protection and other fields. And applications, almost all of the national economy, all industries and inverters are inseparable. As a whole, the competition in China's inverter industry is increasingly fierce. As the market is extremely attractive, not only has the market formed a certain scale, but the potential capacity is also very considerable, and it has continuously attracted new players in the industry. With the advancement of domestic manufacturers' technological progress and quality stability, coupled with the advantages of services and prices, it is expected that the market situation of high-end products monopolized by foreign manufacturers in the next few years will change.
China's inverter market has a vast space for development. At present, it has reached about 10 billion yuan. With the expansion of the market and the diversification of customer requirements, the functions of domestic converter products are constantly improving and increasing, and the degree of integration and systemization are getting higher and higher, and certain special frequency converter products have appeared. It is understood that in recent years, China's inverter market has maintained a growth rate of 12-15%, and it is expected that it will maintain a growth rate of at least 10% over the next five years. At present, the growth rate of the installed capacity (power) of the upconverter in the Chinese market is actually around 20%. It is estimated that at least 10 years later, the inverter market will become saturated and gradually mature.
In 2012, the strong increase in sales of medium voltage inverters in North America offset the weakness in the Chinese market, which led to a 6% increase in sales of medium voltage inverters worldwide, reaching 26 billion. In the latest IHS medium voltage inverter research, sales of medium voltage inverters in 2013 are expected to increase to 8%, which is widely affected by the growth rate of regional divergence.
In North America, the unconventional energy revolution in natural gas and oil has led to an increase in the sales of medium voltage inverters in the oil and gas industry in the United States. IHS predicts that sales of medium-voltage inverters in the Americas will increase by more than 14.5% in 2013 and will exceed 9.5% in 2014. The US medium voltage inverter market is highly dependent on the operating mode of the oil and gas industry. In 2012, IHS forecasted that more than 35% of US medium-voltage inverter sales were in the oil and gas industry. This forecast is complicated because it is predicted that sales of medium-voltage inverters into upstream, midstream and downstream applications will diverge between 2013 and 2017.
In the Asia-Pacific region, China occupied two-thirds of the medium-voltage inverter market in 2012, and about one-third of the rest of Asia. In 2012, the sales of medium-voltage inverters, which are widely divergent, have shown growth in various regions. In China, overcapacity of metals, cement, and shipbuilding led to a weaker sales of medium-voltage inverters in 2012, while other regions in Asia have experienced rapid growth of medium-voltage inverters, benefiting from sales in Southeast Asia.
In 2014, sales of medium-voltage inverters in China are expected to increase, due to the demand of medium-voltage inverters in various industries. However, in the Americas, especially in Latin America, the continuing strong sales in the United States and Canada will drive sales throughout the Americas.
IHS analysts said: "In the next five years, the demand for medium-voltage inverters in various industries will lead to a completely different market for medium-voltage inverters. Under a challenging economic environment, understanding what will drive these changes will be greater than ever. It's more important at any time."
Infinite market prospect of frequency converter With the development and comprehensive utilization of variable frequency and high speed technology, the inverter industry has achieved unprecedented development in the modernization of cement, elevators, printing, electricity and other fields as well as medicine, communications, transportation, transportation, power, electronics, environmental protection and other fields. And applications, almost all of the national economy, all industries and inverters are inseparable. As a whole, the competition in China's inverter industry is increasingly fierce. As the market is extremely attractive, not only has the market formed a certain scale, but the potential capacity is also very considerable, and it has continuously attracted new players in the industry. With the advancement of domestic manufacturers' technological progress and quality stability, coupled with the advantages of services and prices, it is expected that the market situation of high-end products monopolized by foreign manufacturers in the next few years will change.
China's inverter market has a vast space for development. At present, it has reached about 10 billion yuan. With the expansion of the market and the diversification of customer requirements, the functions of domestic converter products are constantly improving and increasing, and the degree of integration and systemization are getting higher and higher, and certain special frequency converter products have appeared. It is understood that in recent years, China's inverter market has maintained a growth rate of 12-15%, and it is expected that it will maintain a growth rate of at least 10% over the next five years. At present, the growth rate of the installed capacity (power) of the upconverter in the Chinese market is actually around 20%. It is estimated that at least 10 years later, the inverter market will become saturated and gradually mature.
All types pipes and fittings,pipes and fittings apply to industrial and household,economy pipes and fittings
HEBEI CHENGDA HUAMO TECHNOLOGY CO.,LTD , http://www.chengdapipe.com