Changzhou schneider snd6/9/2023 ![]() ![]() From the perspective of market share, Huichuan technology is firmly occupying the third position in the market share of low-voltage inverter. Abb and Siemens are mainly in the middle and high-end markets, and their product applications are mainly concentrated in the project-oriented markets such as lifting, metallurgy, building materials, machine tools and food and beverage while Huichuan, Taida, Schneider and others in the second camp mainly focus on the middle and low-end OEM and high-end fan pump markets. The gap between domestic brands such as Huichuan technology and international brands abb and Siemens is also narrowing. For example, Huichuan city accounts for 6%, ranking the third place invetiton is 4%, ranking among the top 10 low-voltage inverter manufacturers. Although domestic brands have an upward trend in this year, the market share of domestic brands is still not obvious. The share of foreign brands in the domestic inverter market is still maintained at 60% - 70%. Except for the two giants abb and Siemens, which occupy 21% of the market share, the market share of 3-10 is not different. ![]() The market share of low-voltage inverter market has declined slightly and the market concentration has decreased.
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