Chinese medium-voltage VFD (Variable-frequency Drive) market demand continues to increase

After 10 years, the VFD (Variable-frequency Drive) market will gradually become saturated. At present, the competition in Chinese VFD (Variable-frequency Drive) industry is fierce, the market development has formed a certain scale, and the potential market development is very considerable. The development of VFD (Variable-frequency Drive) technology has made VFD (Variable-frequency Drive) unprecedented in the field of modernization It is believed that the application of VFD (Variable-frequency Drive) will be more extensive, and the market will explode with huge potential. VFD (Variable-frequency Drive) enterprises should take advantage of the 12th Five-Year Plan for energy conservation and emission reduction to better establish the concept of energy conservation. It is very beneficial to the development of the VFD (Variable-frequency Drive) industry to raise the energy-saving performance of the product to a higher level.

Medium-voltage VFD (Variable-frequency Drive) experienced strong growth in 2011 after experiencing relatively flat development in the previous three years. Compared with other automation products, this is not such a bad phenomenon, because the medium-voltage VFD (Variable-frequency Drive) market did not experience large fluctuations in the global economic recession.

At the same time, the process of globalization is driving the growth of the market. Globalization has increased the use of advanced automation and energy-saving equipment across the globe. Therefore, the use of medium-voltage VFD (Variable-frequency Drive) in some industries will continue to increase, such as energy, infrastructure, mining and metals. Energy suppliers are expected to be unable to keep up with such market demand, which has accelerated the application of medium-voltage VFD (Variable-frequency Drive). Emerging markets will remain the main driving force for the growth of the medium-voltage VFD (Variable-frequency Drive) market, as they continue to improve power generation capabilities and expand industrial production. The market demand brought about by the economic growth of emerging countries and the ambition to become more competitive in global product quality are the main factors for the growth of medium-voltage VFD (Variable-frequency Drive) market demand.

Infrastructure Development Trends Globalization presents great potential for modern infrastructure, especially in emerging economies. Airport facilities and new road construction are driving demand for products from the metals and mining, cement and glass, and oil and gas industries. Currently infrastructure development is a major bottleneck in emerging economies. Automation is the key to breaking this bottleneck, and medium-voltage VFD (Variable-frequency Drive) is one of the main equipment for realizing automation.

In 2012, strong medium-voltage VFD (Variable-frequency Drive) sales growth in North America offset the weakness in the Chinese market, which led to a 6% increase in global medium-voltage VFD (Variable-frequency Drive) sales to 26 billion. In the latest research on medium-voltage VFD (Variable-frequency Drive) by IHS, the sales volume of medium-voltage VFD (Variable-frequency Drive) is expected to increase to 8% in 2013, which is widely affected by the growth rate of regional divergence.

In North America, the unconventional energy revolution of natural gas and oil has led to an increase in the sales of medium-voltage VFD (Variable-frequency Drive) in the oil and gas industry in the United States. IHS predicts that the sales growth of medium-voltage VFD (Variable-frequency Drive) in the Americas will still be higher than 14.5% in 2013, and will be higher than 9.5% in 2014. The medium-voltage VFD (Variable-frequency Drive) market in the United States is highly dependent on How the oil and gas industry works. In 2012, IHS predicted that more than 35% of US medium-voltage VFD (Variable-frequency Drive) sales were in the oil and gas industry. This forecast is complicated because it is predicted that medium-voltage VFD (Variable-frequency Drive) sales into upstream, midstream and downstream applications will diverge between 2013 and 2017.

In the Asia-Pacific region, China occupied two-thirds of the medium-voltage VFD (Variable-frequency Drive) market in 2012, while the rest of Asia accounted for about one-third. In 2012, all regions showed widely divergent medium-voltage VFD (Variable-frequency Drive) sales growth. In China, overcapacity in metals, cement, and shipbuilding led to weak sales of medium-voltage VFDs (Variable-frequency Drives) in 2012, while the rapid growth of medium-voltage VFDs (Variable-frequency Drives) in other parts of Asia benefited from the sales volume in Southeast Asia. drive.

In 2014, Chinese medium-voltage VFD (Variable-frequency Drive) sales are expected to increase, due to the demand for medium-voltage VFD (Variable-frequency Drive) in various industries. However, in the Americas, particularly Latin America, continued strength in the U.S. and Canada will drive sales across the Americas.

Today, the industrial sector is constantly striving to improve energy efficiency, which has become a top priority. In order to cope with the instability of energy supply, the energy management scheme must be readjusted. Medium-voltage VFD (Variable-frequency Drive) is a key tool to achieve energy-saving goals. The issue of energy efficiency in industry and commerce has become more and more attractive. The scarcity and price increase of energy and the demand for sustainable manufacturing all indicate a good development momentum for medium-voltage VFD (Variable-frequency Drive). Under the challenging economic environment, medium-voltage VFD (Variable-frequency Drive) is expected to maintain rapid growth in the next few years.