At present, the domestic frequency converter market is mainly occupied by some international and domestic brands. International brands such as ABB, Siemens, Schneider, etc. have a high market share in China, but domestic brands such as Huichuan Technology and Envision are also gradually rising and competing with international brands.
The frequency converter technology mainly includes two aspects: hardware technology and software technology. In terms of hardware technology, the core components of frequency converters such as IGBT and capacitors are the focus of technological competition. In terms of software technology, the control algorithm and parameter settings of frequency converters are also the focus of technological competition. At present, domestic enterprises have certain strength in hardware technology, but there is still room for improvement in software technology.
Due to the fact that frequency converters are one of the important equipment in the field of industrial automation, their prices are relatively high. Therefore, price competition is also an important competitive point in the frequency converter market. Domestic enterprises have certain advantages in terms of price, but they still need to increase the added value of high-end products.
The channel competition in the frequency converter market is also fierce. Domestic enterprises usually adopt a combination of direct sales and distribution for sales, while international brands occupy market share by establishing a comprehensive sales network in China.