Water-cooled Inverter Market – Overview
Water-cooled inverter is an inverter type that uses water to get rid of excess heat produced by inverter’s power module. The regular inverter comprises of different semiconductors assimilated into a power module adding to a considerable amount of heat. This heat can damage several delicate circuits or components within a module. Since water has better cooling properties as compared to air, water-cooled inverters are far more efficient in carrying the excess heat away. Also, conventional air cooling inverters work well for low power applications but not for high power applications owing to the high component count and comparatively shorter design life of mechanical devices. Due to water’s high heat transfer capability, high cooling power is attained with low coolant flow.
Water-cooled Inverter Market – Trends and Opportunities
Increasing industry demand for miniature inverter architecture especially for high power applications is a major driver facilitating the growth of water-cooled inverter market. High-voltage inverters are largely used in main rolling mills, large blowers, compressors, etc. Industries are further demanding an increase in their capacity and reduction in space to ensure easy installation. Since, a water-cooled inverter meets such requirements for high power applications, it is increasingly preferred among other types. Furthermore, it adopts the water cycle technique which keeps the temperature below 40 degrees as opposed to air-cooled inverter. Moreover, it produces less noise as low as 20DB than air-cooled inverter (>50 DB noise). In addition, it is more precise and has a longer lifespan since it is not affected by dust as is the case with air-cooled inverter. It is installed in hotels, offices and other commercial places as it can be easily carried in an elevator owing to its squeezed and light-weight structure.
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However, a restraining factor for water-cooled inverters is that they need regular attention. Since, water has to be changed frequently as also chilled industrial water has to be used for its proper functioning, the inverter has to be inspected from time to time.
The water-cooled inverter market is expecting decent opportunities in the field of automotive electronics owing to its miniature size. Also, these inverters are predicted to be used as solar inverters as solar inverters are sensing the need of water-cooling technology due to their increased power.
Water-cooled Inverter Market – Segmentation
The global water-cooled inverter market can be segmented on the basis of application and geography. The segmentation on the basis of application includes residential sector, commercial sector, utilities sector and automotive sector. The residential market is expected to require comparatively low power inverters than those required for commercial and utilities purpose. However, if water-cooled inverters are mounted on rooftops of residential complexes, to be used as solar inverters, then they may utilize high power inverters. The commercial market includes offices, factories, shopping malls, hotels and other public places. The utilities sector includes electricity and other energy sectors, hospitals, airports and others. Out of these, commercial and utilities industry are anticipated to be faster growing markets than residential industry since residents with less power capacity requirement may still prefer air-cooled inverter owing to its comparatively low cost. The automotive industry consisting of electric and hybrid cars is expected to comprise a considerable share of water-cooled inverter market as automotive manufacturers will be attracted by the high power and miniature device. Segmentation on the basis of geography for water-cooled inverter market includes North America, Europe, Asia Pacific, Middle East and Africa and South America.
Water-cooled Inverter Market – Key Players
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Some the key players in the water-cooled inverter market include Hitachi Ltd., Daikin Industries, Ltd., Fuji Electric Corporation of America, Mitsubishi Electric Corporation, Olympia Splendid SpA, Dunnair International Ltd., KITA Mfg Co., Ltd. and Blue Box Group S.r.l.. Regen Powertech Pvt. Ltd. and GE Energy Power Conversion UK Ltd are a few others that make use of these inverters solely as solar inverters.
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