Navi Mumbai, India (PressExposure) April 08, 2009 -- Report on Chinas Frequency Converter FC Market([http://www.bharatbook.com/Market-Research-Reports/Report-on-Chinas-Frequency-Converter-FC-Market.html]) provides information on corporate strategies of the leading market players In 2007, the scale of China's FC market reached RMB11.6bn, up by 17.8% year-on-year, while the sales amount of LV FCs was RMB1.12bn, up by 25.8%, and HV ones RMB2.16bn, 34.2%. And in 2008, the similar market scale would be RMB13.82bn, up by 18.2% year-on-year, and the market shares of LV, MV and HV FCs would be 68.5%, 10%, and 21.5% respectively. China's FC market is expected to continue to expand by more than 10% annually in the next decade due to the extensive use of FCs in metallurgical, building-material, mining, petrochemical, power and other industries. The market wouldn't grow mature until 2015, and the full capacity of the market is expected to be RMB120bn-RMB160bn. The competitive landscape in China's FC market indicates that although China's homegrown manufacturers have outnumbered foreign ones by accounting for 70% of the total, their market share is only 20%. Among the foreign manufacturers, Japan's ones entered China earlier than others. Being familiar with the country's market, Japanese manufacturers have been releasing localized products in China. As a result, Japanese manufacturers accounted for 60% of China's market. But since in recent years many companies have come to China from Europe and North America, and China's homegrown ones have also made their ascent, currently the market share of Japanese manufacturers has dropped to about 30%. Although European and American companies came late, they have become an import force in China's market with their advanced technology, high qualities of products and excellent customer services. So far most of European and American well-known companies have entered China, and their market share in the country has reached about 40%. As for products, LV and MV FCs would continue to increase stably, while HV ones have greatest potential. Now China's HV FC market has moved to the fast-growth track, and is expected to expand by 35%-40% annually in the next 3 years. The competition, however, is going to be fiercer due to increasing number of incomers. While focusing on the scale, structure, competition landscape, supply and demand and other aspects of China's FC market, this report also compares the corporate strategies of the leading market players. And as it's necessary, the report forecasts the future of all kinds of frequency converters through analyzing the development trend of downstream industries. For vast range of market report you can visit: [http://www.bharatbook.com/search/Country_search_result.asp?pageno=1&selecttype=Title&searchon=China] Or Contact us at:
Leading Manufacturers of FCs in China
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Press Release Submitted On: April 07, 2009 at 1:48 am
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