The frequency converter is an important component of the industrial control system and is installed at the front of the motor to achieve speed control and energy saving. The back of the high-voltage frequency converter is mainly driven by fans and pumps. The actual power saving effect reaches 30% to 60%. In the future, the market development of the industry will benefit from the transformation of large and medium-sized projects; the low-voltage frequency converters will be formed with the control layer and the execution layer equipment. Automation control system, its future development will benefit from manufacturing equipment upgrades.
High-voltage frequency converters can be subdivided into general-purpose and high-performance. At present, domestic-funded companies occupy more than 80% of the market share in the general industry. The fierce competition has led to a sharp decline in prices in 10 years. The high-performance market is still dominated by foreign capital, and gross profit is higher than that of general products. About 50%, the future will become the main direction of domestic-funded enterprises.
The downstream of low voltage inverters is dominated by manufacturing industrial control equipment. In 2009, the growth rate was below 5% due to the financial crisis. The growth rate in the first three quarters of 2010 was as high as 30%. It is expected that the steady growth rate of 15% can be maintained in the next five years.
The high-end market of low-voltage inverters accounts for more than 80% of the foreign investment, and the leading domestic companies are Inovance Technologies and Inventronics. Compared with foreign-funded enterprises, domestic capital leaders are in the phase of providing a single inverter product to provide comprehensive solutions, and both market share and profitability are expected to increase in the future.
Inverter development - from "speed control" to "energy saving"
The frequency conversion technology was first used to steplessly regulate the motor, and the output frequency was changed by controlling the on/off of the semiconductor device so as to realize the soft start, frequency control, and operation accuracy of the trailing-end drive AC motor, and to achieve over-current. , overvoltage, overload protection.
Compared with the past mechanical speed control methods, the range of variable frequency speed control can reach 100% to 5%; the control accuracy is high and can reach ±0.5%; because it is stepless speed regulation, the soft start of the motor and the entire production system can be realized. Fully automatic control, thereby reducing the impact on the power grid.
From the voltage classification, generally speaking the inverter developed for the motor running under the high voltage environment of 3kV ~ 10kV is called high-voltage inverter, and the input voltage is not less than 690V called the low-voltage inverter.
At present, China's high-voltage frequency converters are used in electric power, metallurgy, and cement fields, with a total share of more than 50%. Low-voltage frequency converters are used in a wider range of fields, involving industrial production, petroleum, coal, and municipal transportation. High-voltage inverter downstream market segments.
High precision and wide range make frequency conversion the first choice for industrial speed control. Vector control methods are used in low voltage frequency conversion and high performance high voltage frequency conversion. Compared to V/f control, vector control significantly improves the speed range and control accuracy.
There is still a certain gap between China's industrial production automation level and the developed countries. The “Twelfth Five-Year Plan†proposes “restructuring and upgrading the manufacturing industryâ€, in which “developing advanced equipment†and “promoting manufacturing from big to strong†become the direction to guide future development. Frequency conversion technology will be further promoted in the field of industrial speed control and precision control because of its excellent performance. In particular, low-voltage inverter technology, which is widely used in manufacturing industries, is closely related to future development and automation and equipment upgrades.
Frequency conversion technology helps energy conservation and environmental protection China's main motor equipment such as fans, pumps, and air compressors meet the highest power requirements in operation. The output power often has a large design redundancy. If mechanical speed energy is used, it is wasted in the valves and Damper on the damper. Frequency conversion technology through the power electronic control to complete the speed, drag the motor at the back end to increase the range of speed changes, the effect is more pronounced when the frequency is high. The fans and pumps are the most suitable for installing energy-saving inverters. Compared to low-voltage inverters, high-voltage technology is more widely used in subdivided industries.
Relevant experts compared the effects of several major energy-saving products in electrical equipment, in which the efficiency of the inverter is as high as 30% to 60%. When used, it is only required to install on the front of the motor, and the changes to the original equipment are minor.
The two major driving forces for the development of China's inverter industry are: industrial automation transformation and promotion of energy conservation and environmental protection, and frequency conversion technology is also in the process of transition from “speed regulation†to “energy conservationâ€.
The “Twelfth Five-Year Plan†proposes the upgrade of manufacturing equipment and industrial energy conservation and environmental protection, and establishes the path for “speed-governing and energy-saving simultaneously†for future industry development. Subdivided into products, it is expected that low-voltage inverters will be replaced by automation and import substitution as the main line. Domestic companies will focus on the development of control and drive technologies; high-voltage inverters will rely on national energy conservation and environmental protection policies, and the downstream industries will still be large-scale industrial equipment such as electricity, metallurgy and cement. Mainly to transform, intensified competition will stimulate the acceleration of localization of high-performance products.
High-voltage frequency conversion - energy conservation and environmental protection to maintain growth rate to maintain 30%
The high voltage frequency converter is mainly used in the front end of the motor of large-scale industrial equipment. After long-term research and development and market development, domestic-funded brands have occupied more than 80% of the general-purpose type. Considering that only the transformation of the motor can significantly increase the energy-saving efficiency, it is predicted that the industry will continue to maintain a growth rate of around 30% during the “12th Five-Year Plan†period.
Every year, 102 million kW of high-voltage motors are in a state of wasteful energy-saving. According to statistics, 66% of China’s annual power generation is consumed on electric motors. As of the end of 2006, the installed capacity of electric motors in the country was about 580 million kW, and high-voltage motors accounted for about half. Nearly 70% of the loads in high-voltage motors were fans, pumps, and compressors, half of which were suitable for speed control, ie about 1.02. Million kW of high-voltage motors are in a state of wasteful operation.
According to the statistics of actual users of existing high-voltage frequency converters, the energy-saving effects of high-voltage frequency converters used by different users in different industries are relatively satisfactory. Although the actual equipment operating environments of different customers are different, the actual energy-saving effect is much wider. Between 30% and 60%, especially when the rear drag load frequency changes greatly, the effect is more pronounced.
At present, high-voltage inverters are mainly used in the electric power, metallurgy, cement, petrochemical, and building materials industries, and will continue to rely mainly on the transformation of large-scale equipment in the above-mentioned fields.
Considering that the price of frequency converters, especially general-purpose products, dropped more in 2010, according to a conservative estimate of 720 yuan/kW, the potential market for subdivided industries will be approximately 73.1 billion yuan without considering the need for new frequency-variable speed control of future high-voltage motors. .
Considering that 2011 is the first year of implementation of the "Twelfth Five-Year Plan", the state's support for industrial energy-saving and environmental protection technological transformation will be implemented at the planning level by specific policies. The growth rate of the high voltage frequency converter industry in 2011 will show an upward trend. Large and medium-sized project reconstruction and new project construction will become the main driving force for the development of the industry in a period of time.
In the past decade, domestic brands gradually replaced foreign capital. China's high-voltage frequency conversion technology has gradually developed since 2000. By 2008, the domestic high-voltage frequency conversion market was basically occupied by domestic-funded enterprises, and the market share was close to 80%. Lower prices, stable product quality, and closer customer service have become the core competitive advantages of domestic companies in the face of multinational companies.
The high-end market will be staged in the next five years to replace the 2010 high-voltage frequency converter industry with two points: the output of general-purpose inverters will be fully released, the price of products will drop significantly, and market participants will generally face the current situation of declining profitability; the high-performance field will continue to be “Blue Ocean.†In terms of situation, foreign-funded enterprises accounted for a large proportion. The market share of domestic-funded brands headed by Rongxin and Hekang has gradually increased, and more general-purpose manufacturers have begun to engage in high-performance products.
Experts' judgment on the future competitive situation in the high-voltage frequency conversion market is:
——With the increase in downstream demand in 2011, the market competition for general-purpose inverters is expected to ease, and the recovery of corporate gross profit is a high-probability event, but it is more difficult to return to 2009 levels;
——The number of market participants continues to increase, and future products will place more emphasis on customization and system solutions. Leading companies will have strong R&D capabilities and strong financial strength, which will further increase market share;
——High-performance inverter technology has a high threshold, and the industry is expected to duplicate the process of importing and replacing general-purpose inverters. Due to the current low level of domestic investment, product gross profit will remain stable for some time in the future.
Compared with general-purpose inverters, high-performance products use vector control and energy feedback technology, featuring constant torque, fast dynamic response, high speed accuracy, wide speed range, and fast braking. The unit price is as high as 10 million yuan. Gross profit is also significantly higher than that of general products.
High-voltage frequency conversion industry - large and medium-sized projects to promote the development of high-voltage frequency conversion industry mainly depends on the construction and transformation of large and medium-sized projects, the downstream demand and the macroeconomic cycle associated with a low degree, subject to national and industrial policies. Electricity, metallurgy and other industries have high energy consumption and are the key points of industrial energy saving during the “12th Five-Year Plan†period. High-voltage frequency conversion technology is mature and stable, with obvious energy-saving effects, and easy installation of equipment. It usually recovers costs through energy saving within two years after use. High promotional value.
Industrial energy-saving renovation will run through the "Twelfth Five-Year Plan" and the industry is optimistic. Taking into account the impact of intensified competition in 2010, the profitability of equipment manufacturing companies has dropped significantly. It is expected that the downstream demand will continue to increase overall interest rate under the guidance of policies in 2011. In particular, the domestic fund leaders are expected to further increase market share.
In the long run, the general-purpose inverter market will be “completely competitiveâ€, while the high-performance field is still at the initial stage of import substitution. Enterprises can enjoy excess returns if they can participate in market competition. At present, the threshold of the high-performance inverter industry is mainly technical and cumulative stable operating experience. The future downstream demand will impose higher requirements on the company's marketing capabilities and customer relationships.
The transformation of the product structure that is being gradually developed from the general market to the high performance field will bring about increase in profitability and total profit for the company, and it will find new growth points.
Based on the above criteria, leading players in the industry, such as Hekang Inverter and Zhiguang Electric, which have technological and market resource advantages, are expected to successfully seize the emerging product market.
Low-voltage frequency conversion - continue to rely on equipment upgrades "import substitution"
The "Twelfth Five-Year Plan" proposes to "renovate and upgrade the manufacturing industry," including "developing advanced equipment manufacturing industry," and raising the level of automation will become the focus.
Under the influence of downstream use conditions, low-voltage frequency conversion technology emphasizes the adjustment of precision and scope. In the field of industrial automation, it is closely related to front-end PLC control and back-end servo motors, and together constitute an industrial automation control system.
Similar to high-voltage frequency conversion, low-voltage frequency conversion is also divided into high-end market, mid-end market and low-end market. Listed companies such as Zhonghuichuan Technology and Inventronics mainly participate in high-end market competition, and automation level upgrade emphasizes frequency technology in the fine field from the technical level. Applications will therefore mainly discuss high-end markets.
Manufacturing equipment upgrade is an asymptotic and long-term process. Low-voltage inverters and PLCs, servo motors, and other components form an industrial automation control system. Downstream involves a number of sub-sectors in the manufacturing industry. Different from high-voltage inverters, which are mainly affected by national policies, low-voltage inverters are required. Related to the overall level of industrial development, the future equipment upgrade will be a gradual and long-term process. It is expected that the industry can maintain stable growth of about 15% for a period of time.
From the perspective of subdivided industries, the growth rate of low-voltage inverter equipment used in elevators, injection molding machines, and rail transit is expected to exceed the industry average and become the focus of development.
From product to solution, the high-end market of China's domestic low-voltage inverter industry is still dominated by foreign-funded products, accounting for more than 80% of the total. The number of domestic-funded enterprises currently participating in competition is low, the share is low, and centralized production of frequency converters lacks a control layer. And the core products of the executive layer, the future development trend will shift towards a high-profit model that provides comprehensive solutions, and import substitution will become the main reason for the industry leader to maintain a high growth rate in a period of time.
China's low-voltage frequency conversion market has a low degree of concentration, and the dominant areas of major manufacturers are relatively dispersed. For example, Inventronics is mainly concentrated in the lifting, drawing, and coal industries, while Incotech's technology relies on the elevator and injection molding machine market. Because of obvious product price advantages, it will continue to seize the share of foreign capital in the future. There is no fierce competition among domestic-funded enterprises in the short term, so it is expected to continue the trend of high gross profit and high growth. The main low-voltage inverter manufacturers advantage areas.
Domestic inverter production companies represented by Inventronics and Huichuan began to get involved in products such as PLCs and servos. The future development will aim at providing customized solutions. At present, the development models of the two companies are different, and they will face the challenges of integrating sales channels and implementing technology in the control layer.
The leading domestic-funded enterprises are all driven by the upgrading of downstream equipment, and the overall growth of the industry is stable. Automation transformation and manufacturing upgrading are the main driving forces for the development of the industry. The situation will be gradually promoted in the future. The overall growth rate of low-voltage frequency inverters is expected to remain at around 15%.
However, the slowdown in the growth of the industry does not affect the acceleration of import substitution by domestic-funded enterprises. Production companies represented by Inventronics and Inovance Technologies have accelerated their expansion through price advantage, and have obtained competitive advantages in the subdivided areas. In the future, more and more manufacturers will participate in the high-end field of low-voltage inverters. Leading companies can only maintain the development of the enterprise by integrating product advantages and ultimately providing high value-added integrated solutions.
In the development path, the two leading companies are different, but in the end they will all become integrated product solution providers. Inventronics will continue to develop products including the control layer and the executive layer, and complete the integration with the frequency converter to ensure that the original sales channels can quickly start the market after the product reserves are completed; Inovance technology also faces the integration of existing products The issue, and at the same time the full release of production capacity, the horizontal expansion between markets will become its next major direction.
High-voltage frequency converters can be subdivided into general-purpose and high-performance. At present, domestic-funded companies occupy more than 80% of the market share in the general industry. The fierce competition has led to a sharp decline in prices in 10 years. The high-performance market is still dominated by foreign capital, and gross profit is higher than that of general products. About 50%, the future will become the main direction of domestic-funded enterprises.
The downstream of low voltage inverters is dominated by manufacturing industrial control equipment. In 2009, the growth rate was below 5% due to the financial crisis. The growth rate in the first three quarters of 2010 was as high as 30%. It is expected that the steady growth rate of 15% can be maintained in the next five years.
The high-end market of low-voltage inverters accounts for more than 80% of the foreign investment, and the leading domestic companies are Inovance Technologies and Inventronics. Compared with foreign-funded enterprises, domestic capital leaders are in the phase of providing a single inverter product to provide comprehensive solutions, and both market share and profitability are expected to increase in the future.
Inverter development - from "speed control" to "energy saving"
The frequency conversion technology was first used to steplessly regulate the motor, and the output frequency was changed by controlling the on/off of the semiconductor device so as to realize the soft start, frequency control, and operation accuracy of the trailing-end drive AC motor, and to achieve over-current. , overvoltage, overload protection.
Compared with the past mechanical speed control methods, the range of variable frequency speed control can reach 100% to 5%; the control accuracy is high and can reach ±0.5%; because it is stepless speed regulation, the soft start of the motor and the entire production system can be realized. Fully automatic control, thereby reducing the impact on the power grid.
From the voltage classification, generally speaking the inverter developed for the motor running under the high voltage environment of 3kV ~ 10kV is called high-voltage inverter, and the input voltage is not less than 690V called the low-voltage inverter.
At present, China's high-voltage frequency converters are used in electric power, metallurgy, and cement fields, with a total share of more than 50%. Low-voltage frequency converters are used in a wider range of fields, involving industrial production, petroleum, coal, and municipal transportation. High-voltage inverter downstream market segments.
High precision and wide range make frequency conversion the first choice for industrial speed control. Vector control methods are used in low voltage frequency conversion and high performance high voltage frequency conversion. Compared to V/f control, vector control significantly improves the speed range and control accuracy.
There is still a certain gap between China's industrial production automation level and the developed countries. The “Twelfth Five-Year Plan†proposes “restructuring and upgrading the manufacturing industryâ€, in which “developing advanced equipment†and “promoting manufacturing from big to strong†become the direction to guide future development. Frequency conversion technology will be further promoted in the field of industrial speed control and precision control because of its excellent performance. In particular, low-voltage inverter technology, which is widely used in manufacturing industries, is closely related to future development and automation and equipment upgrades.
Frequency conversion technology helps energy conservation and environmental protection China's main motor equipment such as fans, pumps, and air compressors meet the highest power requirements in operation. The output power often has a large design redundancy. If mechanical speed energy is used, it is wasted in the valves and Damper on the damper. Frequency conversion technology through the power electronic control to complete the speed, drag the motor at the back end to increase the range of speed changes, the effect is more pronounced when the frequency is high. The fans and pumps are the most suitable for installing energy-saving inverters. Compared to low-voltage inverters, high-voltage technology is more widely used in subdivided industries.
Relevant experts compared the effects of several major energy-saving products in electrical equipment, in which the efficiency of the inverter is as high as 30% to 60%. When used, it is only required to install on the front of the motor, and the changes to the original equipment are minor.
The two major driving forces for the development of China's inverter industry are: industrial automation transformation and promotion of energy conservation and environmental protection, and frequency conversion technology is also in the process of transition from “speed regulation†to “energy conservationâ€.
The “Twelfth Five-Year Plan†proposes the upgrade of manufacturing equipment and industrial energy conservation and environmental protection, and establishes the path for “speed-governing and energy-saving simultaneously†for future industry development. Subdivided into products, it is expected that low-voltage inverters will be replaced by automation and import substitution as the main line. Domestic companies will focus on the development of control and drive technologies; high-voltage inverters will rely on national energy conservation and environmental protection policies, and the downstream industries will still be large-scale industrial equipment such as electricity, metallurgy and cement. Mainly to transform, intensified competition will stimulate the acceleration of localization of high-performance products.
High-voltage frequency conversion - energy conservation and environmental protection to maintain growth rate to maintain 30%
The high voltage frequency converter is mainly used in the front end of the motor of large-scale industrial equipment. After long-term research and development and market development, domestic-funded brands have occupied more than 80% of the general-purpose type. Considering that only the transformation of the motor can significantly increase the energy-saving efficiency, it is predicted that the industry will continue to maintain a growth rate of around 30% during the “12th Five-Year Plan†period.
Every year, 102 million kW of high-voltage motors are in a state of wasteful energy-saving. According to statistics, 66% of China’s annual power generation is consumed on electric motors. As of the end of 2006, the installed capacity of electric motors in the country was about 580 million kW, and high-voltage motors accounted for about half. Nearly 70% of the loads in high-voltage motors were fans, pumps, and compressors, half of which were suitable for speed control, ie about 1.02. Million kW of high-voltage motors are in a state of wasteful operation.
According to the statistics of actual users of existing high-voltage frequency converters, the energy-saving effects of high-voltage frequency converters used by different users in different industries are relatively satisfactory. Although the actual equipment operating environments of different customers are different, the actual energy-saving effect is much wider. Between 30% and 60%, especially when the rear drag load frequency changes greatly, the effect is more pronounced.
At present, high-voltage inverters are mainly used in the electric power, metallurgy, cement, petrochemical, and building materials industries, and will continue to rely mainly on the transformation of large-scale equipment in the above-mentioned fields.
Considering that the price of frequency converters, especially general-purpose products, dropped more in 2010, according to a conservative estimate of 720 yuan/kW, the potential market for subdivided industries will be approximately 73.1 billion yuan without considering the need for new frequency-variable speed control of future high-voltage motors. .
Considering that 2011 is the first year of implementation of the "Twelfth Five-Year Plan", the state's support for industrial energy-saving and environmental protection technological transformation will be implemented at the planning level by specific policies. The growth rate of the high voltage frequency converter industry in 2011 will show an upward trend. Large and medium-sized project reconstruction and new project construction will become the main driving force for the development of the industry in a period of time.
In the past decade, domestic brands gradually replaced foreign capital. China's high-voltage frequency conversion technology has gradually developed since 2000. By 2008, the domestic high-voltage frequency conversion market was basically occupied by domestic-funded enterprises, and the market share was close to 80%. Lower prices, stable product quality, and closer customer service have become the core competitive advantages of domestic companies in the face of multinational companies.
The high-end market will be staged in the next five years to replace the 2010 high-voltage frequency converter industry with two points: the output of general-purpose inverters will be fully released, the price of products will drop significantly, and market participants will generally face the current situation of declining profitability; the high-performance field will continue to be “Blue Ocean.†In terms of situation, foreign-funded enterprises accounted for a large proportion. The market share of domestic-funded brands headed by Rongxin and Hekang has gradually increased, and more general-purpose manufacturers have begun to engage in high-performance products.
Experts' judgment on the future competitive situation in the high-voltage frequency conversion market is:
——With the increase in downstream demand in 2011, the market competition for general-purpose inverters is expected to ease, and the recovery of corporate gross profit is a high-probability event, but it is more difficult to return to 2009 levels;
——The number of market participants continues to increase, and future products will place more emphasis on customization and system solutions. Leading companies will have strong R&D capabilities and strong financial strength, which will further increase market share;
——High-performance inverter technology has a high threshold, and the industry is expected to duplicate the process of importing and replacing general-purpose inverters. Due to the current low level of domestic investment, product gross profit will remain stable for some time in the future.
Compared with general-purpose inverters, high-performance products use vector control and energy feedback technology, featuring constant torque, fast dynamic response, high speed accuracy, wide speed range, and fast braking. The unit price is as high as 10 million yuan. Gross profit is also significantly higher than that of general products.
High-voltage frequency conversion industry - large and medium-sized projects to promote the development of high-voltage frequency conversion industry mainly depends on the construction and transformation of large and medium-sized projects, the downstream demand and the macroeconomic cycle associated with a low degree, subject to national and industrial policies. Electricity, metallurgy and other industries have high energy consumption and are the key points of industrial energy saving during the “12th Five-Year Plan†period. High-voltage frequency conversion technology is mature and stable, with obvious energy-saving effects, and easy installation of equipment. It usually recovers costs through energy saving within two years after use. High promotional value.
Industrial energy-saving renovation will run through the "Twelfth Five-Year Plan" and the industry is optimistic. Taking into account the impact of intensified competition in 2010, the profitability of equipment manufacturing companies has dropped significantly. It is expected that the downstream demand will continue to increase overall interest rate under the guidance of policies in 2011. In particular, the domestic fund leaders are expected to further increase market share.
In the long run, the general-purpose inverter market will be “completely competitiveâ€, while the high-performance field is still at the initial stage of import substitution. Enterprises can enjoy excess returns if they can participate in market competition. At present, the threshold of the high-performance inverter industry is mainly technical and cumulative stable operating experience. The future downstream demand will impose higher requirements on the company's marketing capabilities and customer relationships.
The transformation of the product structure that is being gradually developed from the general market to the high performance field will bring about increase in profitability and total profit for the company, and it will find new growth points.
Based on the above criteria, leading players in the industry, such as Hekang Inverter and Zhiguang Electric, which have technological and market resource advantages, are expected to successfully seize the emerging product market.
Low-voltage frequency conversion - continue to rely on equipment upgrades "import substitution"
The "Twelfth Five-Year Plan" proposes to "renovate and upgrade the manufacturing industry," including "developing advanced equipment manufacturing industry," and raising the level of automation will become the focus.
Under the influence of downstream use conditions, low-voltage frequency conversion technology emphasizes the adjustment of precision and scope. In the field of industrial automation, it is closely related to front-end PLC control and back-end servo motors, and together constitute an industrial automation control system.
Similar to high-voltage frequency conversion, low-voltage frequency conversion is also divided into high-end market, mid-end market and low-end market. Listed companies such as Zhonghuichuan Technology and Inventronics mainly participate in high-end market competition, and automation level upgrade emphasizes frequency technology in the fine field from the technical level. Applications will therefore mainly discuss high-end markets.
Manufacturing equipment upgrade is an asymptotic and long-term process. Low-voltage inverters and PLCs, servo motors, and other components form an industrial automation control system. Downstream involves a number of sub-sectors in the manufacturing industry. Different from high-voltage inverters, which are mainly affected by national policies, low-voltage inverters are required. Related to the overall level of industrial development, the future equipment upgrade will be a gradual and long-term process. It is expected that the industry can maintain stable growth of about 15% for a period of time.
From the perspective of subdivided industries, the growth rate of low-voltage inverter equipment used in elevators, injection molding machines, and rail transit is expected to exceed the industry average and become the focus of development.
From product to solution, the high-end market of China's domestic low-voltage inverter industry is still dominated by foreign-funded products, accounting for more than 80% of the total. The number of domestic-funded enterprises currently participating in competition is low, the share is low, and centralized production of frequency converters lacks a control layer. And the core products of the executive layer, the future development trend will shift towards a high-profit model that provides comprehensive solutions, and import substitution will become the main reason for the industry leader to maintain a high growth rate in a period of time.
China's low-voltage frequency conversion market has a low degree of concentration, and the dominant areas of major manufacturers are relatively dispersed. For example, Inventronics is mainly concentrated in the lifting, drawing, and coal industries, while Incotech's technology relies on the elevator and injection molding machine market. Because of obvious product price advantages, it will continue to seize the share of foreign capital in the future. There is no fierce competition among domestic-funded enterprises in the short term, so it is expected to continue the trend of high gross profit and high growth. The main low-voltage inverter manufacturers advantage areas.
Domestic inverter production companies represented by Inventronics and Huichuan began to get involved in products such as PLCs and servos. The future development will aim at providing customized solutions. At present, the development models of the two companies are different, and they will face the challenges of integrating sales channels and implementing technology in the control layer.
The leading domestic-funded enterprises are all driven by the upgrading of downstream equipment, and the overall growth of the industry is stable. Automation transformation and manufacturing upgrading are the main driving forces for the development of the industry. The situation will be gradually promoted in the future. The overall growth rate of low-voltage frequency inverters is expected to remain at around 15%.
However, the slowdown in the growth of the industry does not affect the acceleration of import substitution by domestic-funded enterprises. Production companies represented by Inventronics and Inovance Technologies have accelerated their expansion through price advantage, and have obtained competitive advantages in the subdivided areas. In the future, more and more manufacturers will participate in the high-end field of low-voltage inverters. Leading companies can only maintain the development of the enterprise by integrating product advantages and ultimately providing high value-added integrated solutions.
In the development path, the two leading companies are different, but in the end they will all become integrated product solution providers. Inventronics will continue to develop products including the control layer and the executive layer, and complete the integration with the frequency converter to ensure that the original sales channels can quickly start the market after the product reserves are completed; Inovance technology also faces the integration of existing products The issue, and at the same time the full release of production capacity, the horizontal expansion between markets will become its next major direction.
Wire Harness,Automotive Cnnectors Co., Ltd. , http://www.nswireharness.com