In the past Years, The Report on analysis of AC Drives market share in China stated that the market share of frequency inverters and servo motor & drive of domestic brands in China was only 25%. According to survey, the top brands in the market of China include Siemens, ABB, Mitsubishi.
However, the after-sale services and quality of domestic manufacturers of variable frequency drives, servo motors have been improved. And it was expected that domestic brands will play more and more important roles in the market.
After the overcoming period of recession and in the recent years with the advancement of the power electronics technology, computer technology and automatic control technology, the electric drive technology is passing through a tremendous revolution. AC drive has become the mainstream for the industries. For AC induction motor system, the most efficient and high performance one is variable speed system. The main advantage is energy saving, smooth speed control, less effort on operation with maximum efficiency.
However it is fact that energy saving equipments, the potential of the industry of frequency inverters (variable speed drives, VSDs), servo motors & drives are very large. It serves as one strategic industry.
The analysis concludes that the market potential of frequency inverter (VFD) may be up to INR 1231 billion Rupees. And high voltage (or medium voltage) frequency inverters (AC drives) may be about 40% of the total market.
