Latest Research Report On Global and China Low and Medium-voltage Inverter Market 2012-2015 by MarketResearchReports.biz

An inverter is a device which makes motors operate 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 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%.

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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.

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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.

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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.

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