Competition among companies in Chinese domestic VFD (Variable-frequency Drive) market is fierce

In recent years, with the introduction of Chinese "12th Five-Year Plan for Energy Conservation and Environmental Protection Industry", energy conservation and environmental protection have been pushed to a new height. Benefiting from the pull of the environmental protection industry, VFD (Variable-frequency Drive) has achieved unprecedented development and application in the fields of communication, transportation, transportation, electricity, electronics, etc. Almost all walks of life in the national economy are inseparable from VFD (Variable-frequency Drive) .

According to the survey, the global VFD (Variable-frequency Drive) market for renewable energy will exceed US$19 billion by 2017. Strongly driven by industrial energy conservation, VFD (Variable-frequency Drive) was originally used for speed control. With the development of technology and the increasing demand for energy efficiency in society, it is gradually used in the field of energy conservation. According to estimates, the power saving rate of the motor system using VFD (Variable-frequency Drive) is generally about 30%, and in some high-level occasions it can reach 40% to 60%, and the energy saving effect is remarkable. Today, VFD (Variable-frequency Drive) is the development direction of motor energy saving.

VFD (Variable-frequency Drive) is an important equipment for frequency conversion and speed regulation. With its own energy-saving advantages and the favorable policies of Chinese energy-saving and emission-reduction policies, VFD has opened the prelude to sharing the feast of energy-saving. The market will expand rapidly. With the deterioration of the environment and the scarcity of resources, the concept of energy conservation and environmental protection has become more and more in-depth in economic and social development. All countries have increased investment in energy conservation and environmental protection technology and promotion. The role of VFD (Variable-frequency Drive) in energy conservation has become increasingly prominent. Become a "sweet pastry" for business investment. According to analysts at okplazas.com, the global VFD (Variable-frequency Drive) market for renewable energy is worth $7.2 billion. It is expected to continue to grow in the next 5 years, and will exceed US$19 billion by 2017.

At present, the power saving rate of general VFD (Variable-frequency Drive) is about 20% to 30%, and the highest can even exceed 50%. Taking the power market as an example, in order to improve the quality of the atmospheric environment, all new thermal power coal-fired units have been required to be synchronized The construction of denitrification projects and dust removal technical transformation projects is also imminent for the corresponding equipment, such as air preheaters, induced draft fans and other frequency conversion technical transformation requirements. Looking at Chinese VFD (Variable-frequency Drive) market, it has maintained a growth rate of 12% to 15% in recent years. Industry insiders estimate that the growth rate of VFD (Variable-frequency Drive) installed capacity and power in the Chinese market is actually around 20%. The potential market space is about 120 billion to 180 billion yuan, of which low-voltage VFD (Variable-frequency Drive) accounts for about 60% of the market share, and the remaining 40% is occupied by medium and high-voltage VFD (Variable-frequency Drive).

In fact, the expansion of Chinese domestic VFD (Variable-frequency Drive) market has become a catalyst for the rise of local VFD (Variable-frequency Drive) companies. INVT, Energy, Anbangxin, Sunwoele, Zhiguang Electric and other domestic inverter manufacturers in China have begun to occupy more and more market shares by virtue of their price advantages. It is not easy for Sunwoele to seize a 13% market share in the siege of foreign brands by relying on continuous research and development. The pace of localization in China still needs to be accelerated. After the rapid development in recent years, the gap between local VFD (Variable-frequency Drive) brands and foreign well-known brands has gradually narrowed.

But it is undeniable that the development of Chinese VFD (Variable-frequency Drive) industry relies on the infiltration of foreign brands, and the lack of market share has always been a constraint for local VFD (Variable-frequency Drive) brands. According to a power plant denitrification report by Sunwoele Supervisor Xiong Yilin, in 2012 Chinese VFD (Variable-frequency Drive) market share, Siemens, Schneider Electric, ABB, Dongfang Hitachi and other foreign brands still accounted for more than 2/3. At present, the demand for high-tech, large-scale VFD (Variable-frequency Drive) equipment in Chinese domestic market is still dominated by foreign brands such as Japan, Europe and the United States, leaving little room for the survival and growth of domestic VFD (Variable-frequency Drive) in China And less.

It is not difficult to see that Chinese domestic VFD (Variable-frequency Drive) companies must seek breakthroughs in the invasion of foreign brands on the one hand, and face the reality of Chinese domestic VFD (Variable-frequency Drive) market demand expansion on the other hand, VFD (Variable-frequency Drive) market competition will intensify. Therefore, some companies that lack the precipitation of the VFD (Variable-frequency Drive) industry, have a short establishment time, have a small scale, and lack funds will face the danger of being reshuffled. In order to open up the market, some new brands have transferred the contradiction of market competition to compressing manufacturing costs and lowering prices at all costs, and waged price wars. These are not conducive to the sustainable development of Chinese domestic VFD (Variable-frequency Drive) market.