Mumbai, Maharashtra, India
An increasing number of businesses the world over are fast increasing their use of automated equipment to boost productivity levels as well as cost efficiencies. In keeping with this trend, industrial customers have increased the implementation of electronic equipment such as power supplies, programmable logic controllers (PLCs), computer numeric controls (CNCs), sensors, adjustable-speed drives and variable-frequency drives. Given their capacity to ensure surge protection on the individual and facility levels and thereby ensure that power disturbances do not result in productivity or revenue losses, this move towards automated equipment is likely to further increase the demand of transient voltage surge suppressors (TVSS) equipment.
New analysis from Frost & Sullivan http://www.powersupplies.frost.com), World Transient Voltage Surge Suppressor Markets, reveals that revenues in this industry totaled $1.17 billion in 2005 and is likely to grow during the forecast period (2006-2012).
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the World Transient Voltage Surge Suppressor Markets, Samantha Unnikrishnan and Surbhi Dedhia - Corporate Communications at sunnikrishnan@frost.com/ sdedhia@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. We will send you the information via email upon receipt of the above information.
With respect to the key factors that drive the market, the increasing proliferation of microprocessor-based equipment is likely to significantly boost the sale of TVSS equipment. Most new equipment have built-in microprocessors and as these chips get more complex with electronic components. Their vulnerability to surges or spikes also increases. Notably, computer controlled systems, in particular, are much more sensitive to surges as increased integration of electronic circuits into smaller packages increases the sensitivity to transient voltages.
"With microelectronics ushering in tremendous productivity advances, microprocessor-based equipment will continue to gain popularity, thus driving the growth of the world transient voltage surge suppressor markets," notes Frost & Sullivan Program Manager Vishal Sapru. "In addition, the continuing explosion in PC usage is likely to further strengthen this growth, especially as the impact of power problems on computers is around five times greater."
However, the entry of an increasing number of electrical distribution manufacturers in the construction and retrofit markets is proving a major challenge for traditional hard-wired TVSS companies. Electrical distribution equipment manufacturers are becoming a major force in the TVSS marketplace and not only do they provide TVSS to end users, but also provide products aimed in solving power quality-related problems.
'With the entry of electrical distribution equipment manufacturers into new construction and retrofit markets, power quality protection equipment and traditional hard-wired TVSS manufacturers are having to compete with these larger companies for the same share of the market," says Sapru. "The advantages of entering the market as an electrical distribution equipment manufacturer include offering integrated solutions to power quality problems, utilizing cost-effective strategies, and providing a larger variety of products and electrical distribution components from one source."
In response to this challenge, power quality protection equipment and traditional hard-wired TVSS manufacturers must strategize to distinguish themselves by providing top quality solutions to surge suppression problems. While this will enable them to compete more effectively with electrical distribution manufacturers, there lies added benefit in raising customer awareness about power quality problems, their potential consequences, and ways of protecting themselves from and preventing such problems.
World Transient Voltage Surge Suppressor Markets is part of the Power Supplies/Power Quality equipment subscription, which also includes research in the following markets: F645-27 North American Power Distribution Unit Market, A976-27 World UPS Market-Alternative Energy Storage Solution, F537-27 World Harmonic Filter Market, and F538 -27 World DIN-rail Power Supplies Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews are available to the press.
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World Transient Voltage Surge Suppressor Markets
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Samantha Unnikrishnan, Frost & Sullivan, +91 (044) 4204 4667 sunnikrishnan@frost.com
Surbhi Dedhia, Frost & Sullivan, +91 (022) 50013431 sdedhia@frost.com
Source: Frost & Sullivan (Business Wire India)
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