Application status and development prospect of frequency converter

Due to the application fields of high-voltage inverters and the market demand and encouragement policies of high efficiency and energy saving, the market scale of high-voltage inverters has maintained a high growth rate, while the market of low-voltage inverters has declined year-on-year due to the slow growth of social financing, the anxiety of Sino-US trade war, the depression of 3C product sales market and the continuous decline of automobile industry. It is estimated that from 2025 to 2025, the market scale of high-voltage inverters will exceed 20 billion yuan, and the medium and low-voltage inverters will reach more than 40 billion yuan.

The growth rate of high-voltage transformers in China fluctuates.

High-voltage transformers are mainly used in electric power, mining, cement, metallurgy, petrochemical and other industries, which can realize soft start, intelligent control and speed regulation and energy saving of various loads such as fans, pumps, air compressors, hoists and belt conveyors driven by high-voltage motors, and effectively improve the energy utilization efficiency, process control and automation level of industrial enterprises. Among them, the universal high-voltage inverter mainly realizes the purpose of energy saving by adjusting the motor speed, and is mainly used in the drive control of fans and pumps in the fields of electric power, mining, metallurgy, cement and so on. China high-voltage inverter market has maintained rapid growth. From 20 12 to 20 19, the market scale of high-voltage inverter continued to grow, and the growth rate fluctuated.

In 20 19, the market scale of high-voltage inverter in China reached 654.38+0.33 billion yuan, with a growth rate of 6.4%. It is predicted that the market scale of high-voltage inverter in China will continue to grow in the future.

High-voltage inverter is in great demand in electric power, metallurgy, cement, petroleum and petrochemical industries.

The downstream customers of high-voltage inverters are mainly concentrated in the fields of electric power, metallurgy, coal, petrochemical, cement, paper making, municipal administration, transportation and so on, and most of them are large state-owned industrial and mining enterprises. By studying and decomposing the emission reduction targets announced by the State Council in 2020, and considering the policy implementation ability of state-owned enterprises, these large and medium-sized state-owned enterprises with high energy consumption will play a major role in the future energy conservation and emission reduction work, and will also enjoy more policy support accordingly. As the main force of energy saving, emission reduction and deep charging, high-voltage inverter will have huge market demand in the fields of electric power, metallurgy, cement, petrochemical, chemical, mining and municipal administration.

The market of medium and low voltage inverters declined year-on-year.

Low-and medium-voltage frequency converters can be used in most motor-driven occasions, and can realize the functions of process speed regulation, energy saving, soft start and efficiency improvement, and are widely used in electric power, metallurgy, petrochemical, coal, lifting machinery, textile and chemical fiber, oil and gas drilling and production, elevators, building materials and other industries. The medium and low voltage inverter industry is a strong cycle industry, which is closely related to the national economic cycle. In recent years, driven by automation transformation and high-end equipment upgrading, the transformer market in China has grown strongly. Affected by the rising prices of raw materials (especially IGBT) and the national policy of "de-stocking and restructuring", the traditional equipment manufacturing, elevator manufacturing and project-based markets are all under great pressure, and the market scale of medium and low voltage inverters has declined slightly.

From 2065438 to 2009, the market scale of low-voltage inverter in China was 36.2 billion yuan, with a growth rate of 4.02%. In the first half of 20 19, the market of low-voltage inverters declined year-on-year due to the slowdown of social financing, the anxiety of Sino-US trade war, the sluggish sales market of 3C products and the continuous decline of the automobile industry.

The market demand areas of medium and low voltage inverters are mainly cranes, textile and chemical fibers, oil and gas drilling and production, metallurgy, petrochemical industry, coal, elevators, building materials, electric power, municipal administration and so on.

Affected by policy and demand, the scale of transformer industry will continue to rise in the future.

In recent years, China's total industrial output value has been increasing every year, but the energy consumption ratio is still high. High energy consumption rate has become a bottleneck restricting the economic development of China. For this reason, the state has invested a lot of money to support energy-saving and consumption-reducing projects, among which high-voltage frequency conversion speed regulation technology has been more and more widely used in all walks of life. It can not only improve the process, prolong the service life of the equipment and improve the work efficiency. The most important thing is to "save energy and reduce consumption", which has been recognized by the majority of users and attracted much attention. It is predicted that in the next few years, the high-voltage inverter market with high efficiency and energy-saving function will continue to grow under the promotion of policies, and by 2025, the market scale of high-voltage inverter will exceed 20 billion yuan.

With the expansion of domestic market demand, the market capacity of low-voltage inverter will be further expanded. It is predicted that the market scale of low-voltage inverter will increase slightly year by year from 2020 to 2025, and it is estimated that the market scale of low-voltage inverter in China will reach more than 40 billion yuan by 2025.

—— For more data, please refer to Forward-looking Industry Research Institute's Market Prospect and Investment Strategic Planning Analysis Report of China Frequency Conversion Industry.