High-voltage inverter market is still promising in the second half of the year

According to the statistics of the Shenzhen Interactive Exchange’s disclosure of interactive information, in August the agency conducted a number of high-frequency studies on the inverter industry, including China Life Insurance, UBS SDIC, Xinhua Assets, Zhanbo Investment, and other institutions that have . Among them, Invicia was surveyed 6 times this month, and Huichuan Technology was investigated 5 times.

Behind the concern of the organization is the fact that the companies in the industry have experienced rapid growth. According to industry insiders, inverters are mainly used in industries such as textiles, printing, elevators, machine tools, and production lines, and their use is based on energy conservation. Widespread application of frequency converters will help reduce energy consumption and save costs for enterprises.

China's inverter market is currently in a period of rapid growth and has been widely used in textile machinery, air conditioning, elevators, and metallurgical industries. The frequency converter market in China has maintained a relatively high growth rate in the past few years. According to the instrument and meter world network, according to the needs of the Chinese market, the market will be saturated and gradually mature after at least 10 years. Therefore, China's inverter market has a broad space for development. From the perspective of market structure, the market share of domestic brands in the Chinese market only accounts for 20% to 25%. Although domestic inverters include Inventronics and Inovance Technologies, compared with foreign famous brands, there is still a big gap, and there is a huge space for domestic brands to import and replace.

At present, China-made frequency converters have occupied a certain market share in the middle and high-end markets such as oil drilling, mining, rail transportation, household appliances and energy. At the same time, under the general direction of energy-saving and emission-reduction, downstream high-energy-consuming industries such as electricity, metallurgy, cement, and petrochemical are the focus of energy-saving and emission-reduction, and the market for high-voltage inverters will expand.

It should be noted that inverter products are highly relevant to downstream industrial companies, and their performance lags behind that of downstream industrial companies for about 2-3 months. Judging from the overall macroeconomic growth expectation, the degree of prosperity of the downstream industrial enterprises will have improved, but it is still difficult to be optimistic. The future policy orientation may become the most important driving force.

From the point of view of company growth in the industry, the first half of the year has achieved good growth. This is also an important reason for the intensive investigation of institutions after the semi-annual report. Some analysts pointed out that since the first half of the year China's macro economy has been biased towards weaknesses. Nevertheless, from the semi-annual report recently disclosed by listed companies in the industry, the actual development of market development exceeds market expectations.