China's low and medium voltage Inverters growth rate

chinese inverters growth rate

CGCR growth rate of 9.0% from 2013 to 2016
Annual output will reach 4 USD Billion in 2013
China produces mainly low and medium voltage inverters and they are mainly concentrated in the Yangtze/Pearl river deltas. As energy conservation measures kick in there will be an upsurge in the use of inverters in both China and the rest of the world. Presently, Siemens, ABB and Yaskawa are the main players.

Have a Free Insight into the viability of your business here

You can find more growth rate charts here