High voltage inverter will enter the price war.
According to the survey of relevant institutions, the demand for high-voltage inverter has picked up in 2013, but in the long run, the growth rate of the industry will drop to 10%. Facing the saturated market demand, the high-voltage inverter market will enter a price war.
In 2012, due to the domestic economic downturn, the main application industries in the downstream of high-voltage frequency conversion had a difficult profit, the demand for high-voltage transformation slowed down, and the scale of new orders declined to some extent. In 2013, with the weak economic recovery, the demand for high-voltage frequency conversion gradually picked up, and the industry growth rate is expected to return to around 10%. In the long run, the main downstream industries of high-voltage frequency conversion, such as cement and electric power, have a high penetration rate. Compared with the past few years, the future demand growth rate will inevitably decline; Even considering the peak demand for high-voltage frequency conversion renewal and maintenance after 2015, the industry growth rate will remain stable due to the expansion of market base and the completion of market transformation, and the compound growth rate of the industry is estimated to be about 10% in the next 35 years. However, for leading enterprises, due to the large number of high-voltage inverters sold, they will have an advantage in updating and maintenance requirements, and the growth rate of leading enterprises is expected to surpass the industry.