High-voltage inverters are involved in a wide range of fields, including electricity, metallurgy, coal, and petrochemical industries. The proportion of power, metallurgy, and cement industries is increasing year by year. In 2011, the oil and gas, mining, cement, and petrochemical industries covered nearly 50% of the entire domestic market for high-voltage inverters, of which the market size of the cement industry reached 1.201 billion yuan, which is the largest market among the four industries, accounting for the market's 16%.
Driven by the implementation of the national energy conservation policy and the intrinsic needs of large and medium-sized industrial enterprises in reducing energy consumption, the high-voltage inverter market has seen explosive growth in recent years, with an average annual growth rate of more than 40%, and the future is very promising. Sixty-six percent of China’s total electricity is consumed on electric motors, and China’s current installed total electric motor capacity has exceeded 400 million kW, of which high-voltage motors account for about half. At the same time, nearly 70% of the loads in high-voltage motors are fans, pumps, and compressors. Half of them are suitable for speed control. In other words, about 75 million kW of high-voltage motors are in a state of wasting. China's high-voltage inverter market is still in its infancy, which is different from the situation in Europe, the United States and Japan where the energy-saving market is basically saturated.
Our country studied the Soviet Union in the fifties, leaving a lot of margin in industrial design and forming a huge energy-saving market. Therefore, even a foreign-funded company that already has strong capabilities is difficult to obtain a monopoly position in China's high-voltage frequency converter market, and in addition, it may be dissatisfied with it. Therefore, China's high-voltage inverter manufacturers still have better room for development.
Therefore, the huge growth space and the current rapid growth trend of China's high-voltage frequency converter market bring good development opportunities for domestic companies in China, and the differences in concepts such as the localization services of foreign-funded enterprises also provide conditions for strengthening the advantages of Chinese local enterprises. These provide good opportunities for the future development of high-voltage inverter companies in China.
Driven by the implementation of the national energy conservation policy and the intrinsic needs of large and medium-sized industrial enterprises in reducing energy consumption, the high-voltage inverter market has seen explosive growth in recent years, with an average annual growth rate of more than 40%, and the future is very promising. Sixty-six percent of China’s total electricity is consumed on electric motors, and China’s current installed total electric motor capacity has exceeded 400 million kW, of which high-voltage motors account for about half. At the same time, nearly 70% of the loads in high-voltage motors are fans, pumps, and compressors. Half of them are suitable for speed control. In other words, about 75 million kW of high-voltage motors are in a state of wasting. China's high-voltage inverter market is still in its infancy, which is different from the situation in Europe, the United States and Japan where the energy-saving market is basically saturated.
Our country studied the Soviet Union in the fifties, leaving a lot of margin in industrial design and forming a huge energy-saving market. Therefore, even a foreign-funded company that already has strong capabilities is difficult to obtain a monopoly position in China's high-voltage frequency converter market, and in addition, it may be dissatisfied with it. Therefore, China's high-voltage inverter manufacturers still have better room for development.
Therefore, the huge growth space and the current rapid growth trend of China's high-voltage frequency converter market bring good development opportunities for domestic companies in China, and the differences in concepts such as the localization services of foreign-funded enterprises also provide conditions for strengthening the advantages of Chinese local enterprises. These provide good opportunities for the future development of high-voltage inverter companies in China.
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