World & Chinese High-Voltage Inverter Sector Examined in New ResearchInChina Report Available at MarketPublishers.com28 May 2015 • by Natalie Aster
LONDON – Supported by the increasing demand for energy conservation and nature protection along with the equipment upgrades, the Chinese high-voltage inverter industry has gained stable growth, and the market size jumped from RMB1.1 billion (close to USD 0.18 billion) in 2005 to RMB7.7 billion (around USD 1.24 billion) in 2014, with the CAGR of 24.1%.
In the coming years, the country is set to prioritise the development of high-voltage inverters to enhance energy utilisation, ensure energy security, and tackle the haze problem. The size of China’s high-voltage inverter market is anticipated to increase at more than 15% through to 2018.
Fans and pumps account for the majority of high-voltage inverter consumption in China, utilising 67% of such inverters as of 2014, with compressors following in with 7%.
The general-purpose high-voltage inverter sector is dominated by domestic enterprises (over 80% share) like Guangzhou Zhiguang Electric and Hiconics Drive Technology; whilst the high-performance high-voltage inverter sector is primarily held by Siemens, Rockwell, ABB and other overseas companies. As high-performance high-voltage inverters generate higher gross margin versus general-purpose ones by 50%, domestic companies in the country are likely to give priority to the R&D and manufacturing of high-performance high-voltage inverters in the offing.
New report “Global and China High-Voltage Inverter Industry Report, 2014-2018” prepared by ResearchInChina offers an insightful study of the high-voltage inverter sector worldwide and across China. It gives an overview of high-voltage inverters and discusses their development environment. The research publication casts light on the actual state of the glob’s high-voltage inverter industry including insights into market size and competitive landscape, and reviews the background and the status quo of the Chinese high-voltage inverter industry. It focuses on the analysis of the industry in China, covering the market size, supply & demand, future prospects, and prices in the market. The study further gives a look at the top 5 global high-voltage inverter manufacturers, as well as profiles the 7 leading companies in China alongside insights into their operations. Detailed forecasts of the industry are available, too.
Global and China High-Voltage Inverter Industry Report, 2014-2018
Published: May, 2015
Price: US$ 1,800.00
More new studies by the publisher can be found at ResearchInChina page.