Albany, NY -- (SBWire) -- 05/18/2015 --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%.
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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.
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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.
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Table of Content
1. Profile of High-voltage Inverter
1.1 Definition
1.2 Product Characteristics
1.3 Industry Chain
2. Development Environment of High-voltage Inverter
2.1 Industry Environment
2.2 Policy Environment
2.3 Technology Environment
3. Current Development of High-voltage Inverter Industry
3.1 Global High-voltage Inverter Industry
3.1.1 Market Size
3.1.2 Competition Pattern
3.2 Chinese High-voltage Inverter Industry
3.2.1 Development History
3.2.2 Status Quo
4. Chinese High-voltage Inverter Market
4.1 Market Size
4.2 Supply and Demand
4.2.1 Supply
4.2.2 Demand
4.2.3 Market Prospect
4.3 Market Price
4.3.1 Cost Structure
4.3.2 Price Trend
4.3.3 Prices of Key Enterprises
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5. Global Key High-voltage Inverter Manufacturers
5.1 Siemens
5.1.1 Profile
5.1.2 Operation
5.1.3 Revenue Structure
5.1.4 Business in China
5.2 Rockwell
5.2.1 Profile
5.2.2 Operation
5.2.3 Revenue Structure
5.2.4 Business in China
5.3 ABB
5.3.1 Profile
5.3.2 Operation
5.3.3 Revenue Structure
5.3.4 Business in China
5.4 Schneider
5.4.1 Profile
5.4.2 Operation
5.4.3 Revenue Structure
5.4.4 Business in China
5.5 TMEIC
5.5.1 Profile
5.5.2 Business in China
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