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Assessment of China's Market for High Voltage Variable Frequency Drives

  • ID: 2701041
  • Report
  • April 2013
  • Region: China
  • 207 Pages
  • GCiS
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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.
Note: Product cover images may vary from those shown
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Chapter 1: Introduction

I. Introduction
LPS Overview
Sections of the Study
Sampling

Figure 1.1: Total Sampling by Target Group

Supplier Sampling

Figure 1.2: Number of Suppliers in Sample by Ownership Type
Figure 1.3: Supplier Size by Target Product Revenues and Ownership

Channel Player Sampling & Segmentation Definition
Sampling – Suppliers and Distributors

Figure 1.4: Supplier and Distributors Sample Representation

II. Definitions and Process
Abbreviations
Glossary

Figure 1.5: Glossary of Industry Terms in English and Chinese

Target Product, Target Market and End-User Definitions
Target Product
Target Market
End-User Segmentation
By Geographic Location

Figure 1.6: GCiS Standard China Geographic Segmentation

Locations by Tier in China
A Note on China’s Key Industrial Output Areas

Figure 1.7: Overview: The Pearl River Delta
Figure 1.8: Overview: The Yangtze River Delta
Figure 1.9: Overview: The Bohai Rim

Chapter 2: Total Analysis

I. Executive Summary

Market in Summary

Figure 2.1: Summary of Key Market Figures (2012)
Figure 2.2: Market Size and Share by Industry and Product Type
Figure 2.3: Key Benchmark Data

Market Entry Issues

Figure 2.4: Snapshot of Market Entry Issues

Key Findings
Market Drivers and Inhibitors
Key Market Drivers
Key Market Inhibitors

Figure 2.5: Drivers and Inhibitors – Chart

Regulatory Factors

Figure 2.6: Relevant Government and Non-Government Bodies

Opportunities in the Market

Figure 2.7: GCiS China Market Opportunities Assessment (by Market Segment)

Opportunity Matrix

Figure 2.8: Market Opportunities for Foreign / Quality Suppliers by Application
Figure 2.9: Opportunity Ratings by End-User Industry (1 to 10, with 10 highest)
Figure 2.10: Market Opportunities for Foreign / Quality Suppliers by Product
Figure 2.11: Opportunity Ratings by Product Segment (1 to 10, with 10 highest)

Corporate and Regulatory News

Figure 2.12: Upcoming Events

Expert Views
Recommendations
Further Study
II. Market Figures
Market Figures Overview
Market Figures by VFD Power Range

Figure 2.13: VFD Market by Product Segment (2012, RMB Mn)
Figure 2.14: Revenue and Output Percentages by Product Segment

Market Breakdown

Figure 2.15: China’s High Voltage VFD Market Breakdown

Supplier Revenues and Output
Market Share - Revenue

Figure 2.16: Market Share by Revenue
Figure 2.17: Market Share by Revenue – Chart

Market Share – Output

Figure 2.18: Market Share by Output
Figure 2.19: Market Share by Output – Chart
Figure 2.20: Market Share by Revenue and Output

Market by End-user Industry

Figure 2.21: Revenue by End-user Industry (Mn RMB)
Figure 2.22: End-user Industry Revenue Breakdown
Figure 2.23: Revenue by Market Segment per Region (Mn RMB)
Figure 2.24: High Voltage VFD Market by Region
Figure 2.25: Revenues by Product and Region

Exports
Products and Pricing
Products and Average Prices

Figure 2.26: Foreign Product Pricing by Product Segment

Pricing Trends

Figure 2.27: Supplier Opinions about Future Prices

Growth Rates and Forecast
Market Growth

Figure 2.28: Weighted Growth Rate by Product Type

Forecast Methodology
Forecast

Figure 2.29: 2012-2017 High Voltage VFD Market Size (RMB, Mn)
Figure 2.30: 2012-2017 High Voltage VFD Market Size – Chart

Forecast Analysis

III. Competitive Analysis

Supplier Concentration

Figure 2.31: Supplier Size by Target Product Revenues

Foreign vs. Domestic Suppliers

Figure 2.32: Foreign vs. Domestic Suppliers
Figure 2.33: Market Shares by Product Segment and Ownership

Product Revenues – Top Suppliers

Figure 2.34: Top Suppliers by Revenue (RMB Mn, 2012)
Figure 2.35: Top Suppliers by Revenue – Chart

Marketing Strategies

Figure 2.36: Supplier Marketing Strategies
Figure 2.37: Key Strategic Indicators of Top Foreign Suppliers

Capacity

Figure 2.38: Capacity and Utilization Rates by Product Segment
Figure 2.39: Utilization Rates by Product Segment

Summary of Top High Voltage VFD Suppliers
Domestic Leaders
Foreign Leaders
Five-Forces Analysis

Figure 2.40: Five-Forces Analysis

IV. Channel Player Analysis
Sales and Distribution Channels

Figure 2.41: Channel Revenue Breakdown by Product Segment
Figure 2.42: Channel Sales by Company Type

Market Value Chain

Figure 2.43: VFD Market Value Chain

Summary of High Voltage VFD Channel Players

Figure 2.44: Key Channel Players Listed and Compared
Figure 2.45: Key Channel Players Focused End-user Industries
Figure 2.46: Channel-Supplier Relationships

Scope of Services

Figure 2.47: Channel Player Service and Coverage

Chapter 3: Segment Analysis

I. 200-1000 kW
Figure 3.1: Revenue, Output, Growth and Pricing – 200-1000 kW VFDs
Market Flow

Figure 3.2: Market Flow – 200-1000 kW VFDs

Supplier Overview
Supplier Ownership

Figure 3.3: Supplier Ownership – 200-1000 kW VFDs

Market Leaders

Figure 3.4: Market Leaders by Revenue – 200-1000 kW VFDs
Figure 3.5: Top 10 Suppliers Market Share – 200-1000 kW VFDs
Figure 3.6: Market Leaders by Sales Volume – 200-1000 kW VFDs
Figure 3.7: Revenue and Sales Volume – 200-1000 kW VFDs
Figure 3.8: Revenue and Sales Volume Market Shares – 200-1000 kW VFDs
Figure 3.9: Market Leaders End-user Industry Revenue (RMB Mn) – 200-1000
VFDs
Figure 3.10: Market Leaders End-user Revenue Breakdown – 200-1000 kW VFDs
(Chart)

Market Breakdown by End-user Industry

Figure 3.11: Revenue by End-user Industry – 200-1000 kW VFDs
Figure 3.12: Revenue by End-user Industry – 200-1000 kW VFDs (Chart)

Market Breakdown by Region

Figure 3.13: Revenue by Region – 200-1000 kW VFDs
Figure 3.14: Revenue by Region – 200-1000 kW VFDs

Capacity vs. Output

Figure 3.15: Capacity and Output Details by Supplier – 200-1000 kW VFDs
Figure 3.16: Capacity and Output – 200-1000 kW VFDs

Product Specifications and Price Comparison

Figure 3.17: Typical Products by Supplier – 200-1000 kW VFDs

Projections

Figure 3.18: 2013-2017 Market Projections – 200-1000 kW VFDs
Figure 3.19: 2013-2017 Market Projections – 200-1000 kW VFDs (Chart)

II. 1000-3000 kW

Figure 3.20: Revenue, Output, Growth and Pricing – 1000-3000 kW VFDs

Market Flow

Figure 3.21: Market Flow – 1000-3000 kW VFDs

Supplier Overview
Supplier Ownership

Figure 3.22: Supplier Ownership – 1000-3000 kW VFDs

Market Leaders

Figure 3.23: Market Leaders by Revenue – 1000-3000 kW VFDs
Figure 3.24: Top 10 Suppliers Market Share – 1000-3000 kW VFDs
Figure 3.25: Market Leaders by Sales Volume – 1000-3000 kW VFDs
Figure 3.26: Revenue and Sales Volume – 1000-3000 kW VFDs
Figure 3.27: Revenue and Sales Volume Market Shares – 1000-3000 kW VFDs
Figure 3.28: Market Leaders End-user Industry Revenue (RMB Mn) – 1000-3000

kW VFDs

Figure 3.29: Market Leaders End-user Revenue Breakdown – 1000-3000 kW
(Chart)

Market Breakdown by End-user Industry

Figure 3.30: Revenue by End-user Industry – 1000-3000 kW VFDs
Figure 3.31: Revenue by End-user Industry – 1000-3000 kW VFDs (Chart)

Market Breakdown by Region

Figure 3.32: Revenue by Region – 1000-3000 kW VFDs
Figure 3.33: Regional Revenues – 1000-3000 kW VFDs

Capacity vs. Output

Figure 3.34: Capacity and Output Details by Supplier – 1000-3000 kW VFDs
Figure 3.35: Capacity and Output – 1000-3000 kW VFDs

Product Specifications and Price Comparison

Figure 3.36: Typical Products by Supplier – 1000-3000 kW VFDs

Projections

Figure 3.37: 2013-2017 Market Projections –1000-3000 kW VFDs
Figure 3.38: 2013-2017 Market Projections – 1000-3000 kW VFDs (Chart)

III. 3000-5000 kW

Figure 3.39: Revenue, Output, Growth and Pricing – 3000-5000 kW VFDs

Market Flow

Figure 3.40: Market Flow – 3000-5000 kW VFDs

Supplier Overview
Supplier Ownership

Figure 3.41: Supplier Ownership – 3000-5000 kW VFDs

Market Leaders

Figure 3.42: Market Leaders by Revenue – 3000-5000 kW VFDs
Figure 3.43: Top 10 Suppliers Market Share – 3000-5000 kW VFDs
Figure 3.44: Market Leaders by Sales Volume – 3000-5000 kW VFDs
Figure 3.45: Revenue and Sales Volume – 3000-5000 kW VFDs
Figure 3.46: Revenue and Sales Volume Market Shares – 3000-5000 kW VFDs
Figure 3.47: Market Leaders End-user Industry Revenue (RMB Mn) – 3000-5000

kW VFDs

Figure 3.48: Market Leaders End-user Revenue Breakdown – 3000-5000 kW VFDs
(Chart)

Market Breakdown by End-user Industry

Figure 3.49: Revenue by End-user Industry – 3000-5000 kW VFDs
Figure 3.50: Revenue by End-user Industry – 3000-5000 kW VFDs (Chart)

Market Breakdown by Region

Figure 3.51: Revenue by Region – 3000-5000 kW VFDs
Figure 3.52: Regional Revenues – 3000-5000 kW VFDs

Capacity vs. Output

Figure 3.53: Capacity and Output Details by Supplier – 3000-5000 kW VFDs
Figure 3.54: Capacity and Output – 3000-5000 kW VFDs
Figure 3.55: Typical Products by Supplier – 3000-5000 kW VFDs

Projections

Figure 3.56: 2013-2017 Market Projections – 3000-5000 kW VFDs
Figure 3.57: 2013-2017 Market Projections – 3000-5000 kW VFDs (Chart)

IV. 5000-8000 kW

Figure 3.58: Revenue, Output, Growth and Pricing – 5000-8000 kW VFDs

Market Flow

Figure 3.59: Market Flow – 5000-8000 kW VFDs

Supplier Overview
Supplier Ownership

Figure 3.60: Supplier Ownership – 5000-8000 kW VFDs

Market Leaders

Figure 3.61: Leading Suppliers by Revenue – 5000-8000 kW VFDs
Figure 3.62: Top 10 Suppliers Market Share – 5000-8000 kW VFDs
Figure 3.63: Market Leaders by Sales Volume – 5000-8000 kW VFDs
Figure 3.64: Revenue and Sales Volume - 5000-8000 kW VFDs
Figure 3.65: Revenue and Sales Volume Market Shares – 5000-8000 kW VFDs
Figure 3.66: Market Leaders End-user Industry Revenue (RMB Mn) – 5000-8000

kW VFDs

Figure 3.67: Market Leaders End-user Industry Revenue – 5000-8000 kW VFDs
(Chart)

Market Breakdown by End-user Industry

Figure 3.68: Revenue by End-user Industry – 5000-8000 kW VFDs
Figure 3.69: Revenue by End-user Industry – 5000-8000 kW VFDs (Chart)

Market Breakdown by Region

Figure 3.70: Revenue by Region – 5000-8000 kW VFDs
Figure 3.71: Regional Revenues – 5000-8000 kW VFDs

Capacity vs. Output

Figure 3.72: Capacity and Output Details by Supplier – 5000-8000 kW VFDs
Figure 3.73: Capacity and Output – 5000-8000 kW VFDs
Figure 3.74: Typical Products and Pricing – 5000-8000 kW VFDs

Projections

Figure 3.75: 2013-2017 Market Projections – 5000-8000 kW VFDs
Figure 3.76: 2013-2017 Market Projections – 5000-8000 kW VFDs (Chart)

V. Over 8000 kW

Figure 3.77: Revenue, Output, Growth and Pricing - over 8000 kW VFDs

Market Flow

Figure 3.78: Market Flow - over 8000 kW VFDs

Supplier Overview
Supplier Ownership

Figure 3.79: Supplier Ownership – over 8000 kW VFDs

Market Leaders

Figure 3.80: Leading Suppliers by Revenue - over 8000 kW VFDs
Figure 3.81: Top 10 Suppliers Market Share - over 8000 kW VFDs
Figure 3.82: Market Leaders by Sales Volume – over 8000 kW VFDs
Figure 3.83: Revenue and Sales Volume - over 8000 kW VFDs
Figure 3.84: Revenue and Sales Volume Market Shares - over 8000 kW VFDs
Figure 3.85: Market Leaders End-user Industry Revenue (RMB Mn) – over 8000kw

VFDs

Figure 3.86: Market Leaders End-user Industry Revenue – over 8000 kW VFDs
(Chart)

Market Breakdown by End-user Industry

Figure 3.87: Revenue by End-user Industry –over 8000 VFDs
Figure 3.88: Revenue by End-user Industry –over 8000 VFDs (Chart)

Capacity vs. Output

Figure 3.89: Capacity and Output Details by Supplier – over 8000 kW VFDs
Figure 3.90: Capacity and Output – over 8000 kW VFDs
Figure 3.91: Typical Products and Pricing – over 8000 kW VFDs

Projections

Figure 3.92: 2013-2017 Market Projections – over 8000 kW VFDs
Figure 3.93: 2013-2017 Market Projections – over 8000 kW VFDs (Chart)

Note: Product cover images may vary from those shown
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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.
Note: Product cover images may vary from those shown
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- 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
- DPC
- Guangzhou Zhiguang Electric
- Haerbin Jiuzhou Electrical
- Hubei Sanhuan Development Corporation
- Inovance
- Jinan Lianda Automation Equipment
- RBC Automation
- RockWell Automation
- Rxpe
- Schneider Electric
- Shanghai Jiexue Machine & Equipment
- Shanghai Zhongyi Industrial Equipment Company
- Shenzhen AMB Elecreical Company
- Shenzhen Winner Technology Company
- Siemens
- TMEIC
- Wisdom
- Xin Feng Guang
- Yaskawa Electric (China)
- Zhengzhou Yatai Technology Development
- ZHONGYEDA
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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