Chinese Power Modules Shows Hope for Growth

Manufacturers can turn their eye to Chinese market again. After the most difficult year in 2012, Chinese power modules bring hope to manufacturers, such as Mitsubishi Electric who expects Chinese power module market will maintain more than 10% growth from 2013 to 2015.

2013 is a new year ushering in new government, and the entire market shows recovery. Railway traction, government support, inverter air conditioner and other appliances becomes the driving force for Chinese power module market.

From 2013 to 2015, government will remain 600 to 700 billion yuan investment with 15% -20% to vehicle purchase and maintenance; in addition, the expansion of infrastructure investment also boosts the demand for related industrial products, including industrial inverters, servo, CNC machine tools, which generates opportunities to power module.

And, the frozen annual inventory in 2012 is gradually moving out, while 2013 demand has begun to come back in the early this year, promoting the demand increase for DIPIPMTM product.

On the new energy side, especially photovoltaic market gradually backs to domestic market due to Europe and the United States beating Chinese solar panel, leading to also growing new capacity, which may reach 9GW. Meanwhile with the improvement of LVRT (Low Voltage Ride Through) function for wind power market, new capacity in 2013 will see growth as well.

All the above market potential excites Mitsubishi Electric. In fact, Mitsubishi Electric has already built plants in China to manufacture power module, such as DIPIPMTM product and IGBT. In the future, Mitsubishi Electric will continue the investment in China, and focuses on four fields (traditional industries, white goods, high power applications and new energy):

Aiming at the first field, Mitsubishi Electric introduced global leading DIPIPMTM products mainly for low-power motor drive and motion control; IGBT module, widely used in universal converter industry for standard and compatible packaging; IPM for servo, CNC machine tools, robots and other precise areas;

Coming to white goods, in addition to DIPIPMTM, Mitsubishi launches MOS-DIPIPM for inverter refrigerator and small-capacity inverter washing machine;

Other products include suit- IRIS HVIGBT, New-MPD for high-power traction and new energy, respectively.