Dallas, Texas (PRWEB) April 20, 2013
An inverter is a device which makes motors operates at variable speed to save energy. Customarily, an inverter with a voltage of below 3 kV is known as a low and medium-voltage inverter. As the demand for energy saving and environmental protection increases and the equipment upgrading speeds up, China’s low and medium-voltage inverter industry (http://www.reportsnreports.com/reports/236443-china-low-and-medium-voltage-inverter-industry-report-2012-2015.html) has presented steady growth, and the market size has risen by 8.79% year-on-year to RMB23.63 billion in 2012, of which low-voltage inverters accounted for over 86%.
In China, low and medium-voltage inverter manufacturers are mainly concentrated in Yangtze River Delta and Pearl River Delta. In 2011, more than 76% share of Chinese low and medium-voltage inverter market was occupied by foreign companies, especially Siemens, ABB and Yaskawa were still the market leaders. In the next five years, the situation will remain unchanged.
Compared with foreign brands, Chinese local low and medium-voltage inverter brands take lower market share. In 2011, two major Chinese players INVT and Inovance Technology held the total market share of about 4.5%. As China attaches more importance to energy saving and environmental protection, major companies have increased their investment in the inverter industry, actively expanded capacity, and improved industrial chain.
INVT has long led the competition in Chinese low and medium-voltage inverter market. INVT began to get involved in high-voltage inverters in 2008, went public successfully in 2010, and expanded its annual capacity of low and medium-voltage inverters to 281,500 sets in 2012. INVT explored the business in elevators, explosion-proof inverters, rail traffic-use inverters and servo systems. In 2011, it acquired Shanghai Kinway Technologies to accelerate the development of the servo system business.
The report covers the followings:
Buy a copy of report @ http://www.reportsnreports.com/purchase.aspx?name=236443.
On the other hand “Analysis and Forecast of High-voltage Inverter Industry in China, 2013-2017” conducts a comprehensive and in-depth analysis on the effect of economic environment at home and abroad on China’s high-voltage inverter industry, development status of the industry, competitive landscape, supply and demand, investment risk, etc. the report detailed analyzes high-voltage inverter industry’s operation status in 2012 and previously, including industry scale, the number of enterprises, industry production, sales situation and some other economic indicators.
In 2012, the overall output value of high-voltage inverter industry in China was CNY 4.9 billion - http://www.reportsnreports.com/reports/233732-analysis-and-forecast-of-high-voltage-inverter-industry-in-china-2013-2017.html. With the enhancement of national support on high-tech industries and the constant growth of domestic market, each company is actively expanding production capacity. The output value of high-voltage inverter industry is expected to increase continuously during the “12th Five-Year” period, and the output value will reach to CNY 9 billion in 2015; the growing speed will be slow in 2016 and 2017. The output value of the industry will be CNY 12 billion in 2017.
Buy a copy of report @ http://www.reportsnreports.com/purchase.aspx?name=233732.
Other Reports Available on Inverter Market:
Global Inverter Market 2012-2016 - Buy a copy of report @ http://www.reportsnreports.com/purchase.aspx?name=226233.
Analysts forecast the Global Inverter market to grow at a CAGR of 5.82 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing need to address power imbalances. The Global Inverter market has also been witnessing the development of next-generation inverters. However, declining inverter prices could pose a challenge to the growth of this market.
Inverter Market Trends for 2013 - 2020 and Major Technology Changes (http://www.reportsnreports.com/reports/222611-inverter-market-trends-for-2013-2020-and-major-technology-changes.html) – This report update and present market forecasts until 2020. It estimates the inverter market to be $45 billion in 2012 and to reach $71 billion by 2020. A total of more than 28 million units were shipped in 2012 and we estimate that will grow to 80 million units in 2020.
China Inverter Welding and Cutting Equipment Industry Report, 2012-2014 - http://www.reportsnreports.com/reports/219925-china-inverter-welding-and-cutting-equipment-industry-report-2012-2014.html - In 2012, Chinese market size of inverter welding & cutting equipment reached RMB10.4 billion, up 18% from a year earlier, and contributing 31% to the welding & cutting equipment market value from 29% in 2010. In view of the uncertainty of China's economic growth over the next two years, the growth rate of the overall welding & cutting equipment market is expected to remain at about 5% in 2013-2014, and the growth rate of the inverter welding & cutting equipment market will be 12-13% because of ever high substitution rate.
Explore more reports on PV Inverter Market @ http://www.reportsnreports.com/tags/pv-inverter-market-research.html.
ReportsnReports.com is an online market research reports library of 200,000+ reports and in-depth studies of 5000+ micro markets.