Assessment of China’s Market for High Voltage Variable Frequency Drives
- ID: 2701041
- April 2013
- Region: China
- 207 Pages
This Limited Publication Study (LPS) provides an in-depth understanding of the high voltage variable frequency drive market in Mainland China. The sections covers five types of high voltage variable frequency drives (VFDs): 20-1000 kW, 1000-3000 kW, 3000-5000 kW, 5000-8000 kW and > 8000 kW. The report is based on a study of the production, sales, distribution and application of high voltage variable frequency drives across China, and in their predominant end-user industries (target market). Included is a quantitative and qualitative assessment of the market’s size, trends, development, key participants and opportunities.
This report is comprised of data and analysis of the China High Voltage Variable Frequency Drive market and presents a predominantly supply-side view in terms of market numbers. In addition to suppliers, primary research covers channel influencers, customers and end-users, and industry experts. End-users are segmented by industry and general consumption trends are provided. End-user industries are: metallurgy, petrochemical, chemicals, mining, power, building materials and urban construction industries.
The market study draws on a three month, in-depth primary survey of 49 of the market’s suppliers and channel players. It is essential reading for any professional needing accurate and detailed strategic information on this market. Major areas covered include: market size and shares, five-year projections, market structure, pricing trends, distribution, consumption, an assessment of key suppliers and more.
This study covers five types of high voltage variable frequency drives (VFDs): 20-1000 kW, 1000-3000 kW, 3000-5000 kW, 5000-8000 kW and > 8000 kW.
The author has published a study of the China market for high voltage variable frequency drives (VFDs). The study, which focuses on VFDs with power ranges of 200 kW and above, estimates that China’s domestic market is currently worth RMB 5.5 Bn.
Growth in demand for VFDs is being driven by the huge energy savings associated with adoption of drive technology as well as government tax incentives. While there is huge potential for high voltage VFDs in China, adoption remains limited and demand has proved to be sensitive to the macroeconomic environment. While suppliers are optimistic about the future of the industry, it could take three to five years for the market to recover.
Overall, growth is expected to accelerate from current 8.3% to an average around 10% for the next three to five years. The author's forecast growth to be highest in the over 8000 kW segment where foreign suppliers dominate the market and have clear advantage in technology.
- ABB ABB
- Beijing Bei’en’site Electrical Science and Technology
- Beijing Hiconics Drive Technology
- Beijing Leader & Harvest Electric Technologies
- Beijing Ouneng Technology Deve
- Beijing Run into Automation Equipment Company
- Beijing Tiantuo Sifang Technology
- Dongfang Hitachi
- Guangzhou Zhiguang Electric
- Haerbin Jiuzhou Electrical
- Hubei Sanhuan Development Corporation
- Jinan Lianda Automation Equipment
- RBC Automation
- RockWell Automation
- Schneider Electric
- Shanghai Jiexue Machine & Equipment
- Shanghai Zhongyi Industrial Equipment Company
- Shenzhen AMB Elecreical Company
- Shenzhen Winner Technology Company
- Xin Feng Guang
- Yaskawa Electric (China)
- Zhengzhou Yatai Technology Development