Phase Shifting Transformer for High-voltage Variable Frequency Drive Market Summary
According to the new market research report “Global Phase Shifting Transformer for High-voltage Variable Frequency Drive Market Report 2024-2030”, published by QYResearch, the global Phase Shifting Transformer for High-voltage Variable Frequency Drive market size is projected to grow from USD 751.22 million in 2024 to USD 985.70 million by 2030, at a CAGR of 4.63% during the forecast period (2024-2030).
- Global Phase Shifting Transformer for High-voltage Variable Frequency Drive Market Size (US$ Million), 2019-2030
Above data is based on report from QYResearch: Global Phase Shifting Transformer for High-voltage Variable Frequency Drive Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
- Global Phase Shifting Transformer for High-voltage Variable Frequency Drive Top 11Players Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)
Above data is based on report from QYResearch: Global Phase Shifting Transformer for High-voltage Variable Frequency Drive Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
This report profiles key players of Phase Shifting Transformer for High-voltage Variable Frequency Drive such as ABB, Siemens, Schneider Electric, Hainan Jinpan Smart Technology Co., Ltd., Newonder Special Electric Co.,Ltd., Shanghai Beibian Technology Co., Ltd., China Electric Equipment Group Co.,Ltd., Eaglerise Electric&Electronic(China)Co.,Ltd., ZTELEC GROUP, Baoding Tianwei Shunda Transformer Co.,Ltd., Jiangsu Yawei Transformer Co.,Ltd., etc.
In 2023, the global top five Phase Shifting Transformer for High-voltage Variable Frequency Drive players account for 57.49% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Phase Shifting Transformer for High-voltage Variable Frequency Drive.
- Phase Shifting Transformer for High-voltage Variable Frequency Drive, Global Market Size, Split by Product Segment
Based on or includes research from QYResearch: Global Phase Shifting Transformer for High-voltage Variable Frequency Drive Market Report 2024-2030.
In terms of product type, 1,250 kVA< P ≤5,000 kVA is the largest segment, hold a share of 47.35%.
- Phase Shifting Transformer for High-voltage Variable Frequency Drive, Global Market Size, Split by Application Segment
Based on or includes research from QYResearch: Global Phase Shifting Transformer for High-voltage Variable Frequency Drive Market Report 2024-2030.
In terms of product application, Metallurgy is the largest application, hold a share of 20.52%.
- Phase Shifting Transformer for High-voltage Variable Frequency Drive, Global Market Size, Split by Region
Based on or includes research from QYResearch: Global Phase Shifting Transformer for High-voltage Variable Frequency Drive Market Report 2024-2030.
Market Drivers:
Frequency conversion speed regulation technology and equipment can flexibly adjust the motor speed according to actual needs to prevent the motor from running at high speed for a long time, thus reducing energy consumption and having significant energy-saving effects. Driven by policies on energy conservation and emission reduction, the promotion of frequency conversion speed regulation technology and investment in phase-shifting rectifier transformer equipment can achieve relatively rapid growth.
The concentration of the high-voltage frequency converter industry has gradually increased, its downstream industries have continued to develop steadily, and market demand has continued to rise, which has also driven the development of the phase-shifting transformer industry for high-voltage frequency converters.
High-voltage frequency converters can greatly improve energy utilization efficiency, intelligent production levels and process control accuracy. Phase-shifting transformers are important components of high-voltage frequency converters. Therefore, the high-voltage frequency converter and phase-shifting transformer industries are strongly supported by national industrial policies.
Frequency conversion speed regulation technology and equipment under the framework of intelligent manufacturing undoubtedly play a pivotal role in industrial automation control. The emergence and application of variable frequency speed regulation technology not only greatly improves production efficiency, but also effectively ensures the stability and improvement of product quality, and provides strong technical support for the realization of intelligent and refined industrial automation control. As my country’s industrial upgrading gradually advances, the demand for industrial automation control will continue to increase. As one of the key technologies to achieve these requirements, the market demand for variable frequency speed regulation technology and equipment will continue to grow, thereby driving the growth of the phase-shifting transformer market.
Challenge:
Therefore, as the competition in the mid-to-high-end market for phase-shifting transformers for high-voltage variable frequency speed regulators intensifies, if domestic companies compete with major international competitors in terms of brand influence, technological innovation capabilities, global service capabilities, financial strength, and production capacity scale restrictions, etc. If the gap further widens, domestic companies may be at a disadvantage in future market competition or face the risk of declining market share.
Risk of rising raw material prices. Affected by factors such as national macroeconomic control policies, domestic economic conditions, and changes in market supply and demand, the average purchase price of the main raw materials for phase-shifting transformers used in high-voltage variable frequency speed regulators has fluctuated to a certain extent.
The downstream customers of the phase-shifting transformer industry for high-voltage variable frequency speed regulators are mainly high-voltage frequency converter manufacturers, which faces the risk of relatively high concentration of downstream customers.
Phase-shifting transformers for frequency conversion are one of the core components of high-voltage inverters. The revenue growth of this type of products mainly depends on the development of the high-voltage inverter industry and market. The phase-shifting transformer industry for high-voltage variable frequency speed regulators has industry dependence risks.
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