Monday, 10 March 2014

Inverter Welding and Cutting Equipment Industry Report, 2013-2015

Researchmoz presents this most up-to-date research on "China Inverter Welding and Cutting Equipment Industry Report, 2013-2015". The report focuses primarily on quantitative market metrics in order to characterize the growth and evolution of the Remote Patient Monitoring Market.

Due to the slowdown in economic growth, China shipbuilding, construction machinery and steel structure industries have suffered depression. As a result, the demand for crude steel products is on a decline, leading to a falling demand for inverter welding and cutting equipments. In 2013, China inverter welding and cutting equipment industry achieved single-digit growth rate, with the overall market size reporting RMB10.4 billion, on a par with 2012 in the main.

2013 witnessed a rising proportion of inverter welding and cutting equipments to 35% of the total in China, reflecting a narrowing gap comparing to developed countries. As the inverter technology becomes popular, the advantage of the inverter welding and cutting equipment grows conspicuous, and the pace to replace traditional welding and cutting equipments is speeding up. It is expected that the proportion of inverter welding and cutting equipments in the overall welding and cutting equipment industry will jump to 50% by 2015.

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Shenzhen Riland Industry boasts China’s largest inverter welding and cutting equipment manufacturer, with the capacity of inverter welder approaching 600,000 sets. In 2012, the company’s output and sales volume claimed 588,045 sets and 598,713 sets respectively, of which, 90% were inverter welding equipments. In H1 2013, the revenue of the company from inverter welding equipments business decreased by 9.76% year-on-year, as a result of the weakened downstream demand. In recent two years, Shenzhen Riland Industry has got its laggard sales network improved. At the same time, the construction of its Kunshan-based project is expected to further improve its production capability. And the business performance of the company is expected to see a robust growth when the industry rebounds.
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