The inverter industry prospect analysis survey shows that the domestic inverter market has developed due to the entry of foreign brands. Foreign brands are the first to dominate, and currently occupy about 70% of the domestic inverter market. Most local companies have a short history, and many products have only entered the market in a short period of time. It is difficult to compete with internationally renowned brands in terms of product maturity and brand awareness.
The frequency conversion industry is a bridge between heavy equipment and production technology, and an important medium for realizing industrial automation and informatization. With the advancement of science and technology, from life to production, from civilian to industry, from variable frequency air conditioners to high-speed trains, and even to the electrical automation control field of industrial and mining enterprises, frequency conversion is everywhere and the effect is getting better and better. To a large extent, we have entered the frequency conversion era, and the space for frequency conversion to create value is getting bigger and bigger.
Industry experts say that a device that converts alternating current with fixed voltage and frequency into alternating current with variable voltage or frequency is usually called a frequency converter. Testing data shows that the power saving rate of motor systems using frequency converters is generally around 30%, and can reach 40-60% in some higher occasions, with significant energy saving effects. As a result, frequency converters have become the development direction of motor energy saving.
Experts also said that if my country's relevant industries vigorously promote the use of frequency conversion technology, from technological transformation, process innovation to early design of new projects, and consciously equip high-performance, high-stability industrial-specific frequency converters, it will create huge space for energy conservation and emission reduction in my country's related industries.
In recent years, due to energy shortages and production process requirements, high-voltage variable frequency speed regulation has become the only way for large-scale production enterprises to save energy, and the domestic market demand for high-voltage variable frequency speed regulation has heated up sharply. The State Council's 12th Five-Year Plan for the Development of Energy Saving and Environmental Protection Industries also clearly states that technologies and equipment such as variable frequency speed regulation should be vigorously promoted for motors and driving equipment to improve the overall operating efficiency of the motor system.
Experts believe that in the next few years or even longer, China's economic development trend of in-depth transformation and quality and efficiency improvement will provide a broader space for growth for the inverter market.
Data shows that China's inverter market is currently in a period of rapid growth and is widely used in textile machinery, air conditioning, elevators, metallurgy and other industries. In recent years, my country's inverter market has maintained a growth rate of 12 to 15%, and it is expected that at least in the next five years, the inverter market demand will still maintain a growth rate of more than 10%. Analysis and statistics on the prospects of the inverter industry show that the total potential market space for inverters in my country is approximately 120 billion to 180 billion yuan.