Free press releases distribution network?

More news: Energy
Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Energy Saving Capability Invigorates the Indian Electrical Drives Market Finds Frost & Sullivan - Government incentives for energy savings in industries augurs well for the electrical drives market - IndustrialAutomation.Frost.com
Energy Saving Capability Invigorates the Indian Electrical Drives Market Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Mumbai, India, 2012/06/29 - Government incentives for energy savings in industries augurs well for the electrical drives market - IndustrialAutomation.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

With energy accounting for 35-40 percent of energy-intensive industries’ production costs, the Government of India is stressing the need for energy efficiency, thereby giving a leg up to the domestic electrical drives market. Government initiatives such as the Bureau of Energy Efficiency’s (BEE’s) perform-achieve-trade (PAT) scheme that allows industries to derive business benefits through the exchange of energy savings certificates will give a huge boost to the uptake of electrical drives. Further, the BEE’s Star Rating program, which rates buildings based on their energy usage, will also drive the demand for AC drives.

New analysis from Frost & Sullivan (industrialautomation.frost.com), Analysis of the Indian Electrical Drives Market, finds that the market was valued at more than INR 15,000 million during FY2010-11 and is expected to grow at a compound annual growth rate (CAGR) in excess of 12 percent until FY2015-16. The Indian electrical DC drives market, which is losing out to the superior AC technology, was worth more than INR 800 million during FY2010-11 and is expected to grow at a CAGR of more than 4 percent until FY2015-16.

There is substantial scope for the deployment of AC drives for energy conservation in the nine designated sectors of electric power generation, fertilizers, steel, cement, pulp and paper, aluminum, chlor-alkali chemical industry, textile, and railways.

Even while acknowledging the need to save energy, end users with limited budgets are deterred by the electrical drives’ high upfront costs. This issue will fade into insignificance in due course, as leading drive suppliers are setting up assembling/packaging facilities in India.

"Many market leaders have regional facilities that assemble/package drives, indigenizing various parts and auxiliary equipment as much as possible," said Frost & Sullivan Analyst. "This reduction in production costs enables them to lower their drives’ prices and compete against import-based manufacturers."

While the electrical drives market is anticipated to witness a high double digit growth over the next six years, budget constraints of small- and medium-sized enterprises (SME) segment impedes the market from growing at its optimum pace. The SME segment contributes significantly to India’s gross domestic product (GDP), but has been bogged down by inadequate funds. They are particularly reluctant to invest in the expensive MV drive segment.

"High price has been a major hindrance in the growth of MV drives," noted Frost & Sullivan Analyst. "However, with increasing standardization, their prices are expected to drop, facilitating their acceptance among SMEs."

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Caroline Lewis/ Akshata Mhatre, Corporate Communications, at caroline.lewis[.]frost.com / akshatam[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by e-mail.

Analysis of the Indian Electrical Drives Market is part of the Industrial Automation & Process Control Growth Partnership Services program, which also includes research in the following markets: Strategic Analysis of the Indian Pumps Market and Strategic Analysis of the Indian Gearboxes and Geared Motors Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation, and implementation
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices, as well as our global footprint of more than 40 offices

For more than 50 years, we have been developing growth strategies for the global 1000 emerging businesses, the public sector, and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics, and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

Analysis of the Indian Electrical Drives Market / P5AE-10

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Energy Saving Capability Invigorates the Indian Electrical Drives Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan |
Contact: Caroline Lewis/ Akshata Mhatre 
+91 9821737935 / +91 2266072039 caroline.lewis[.]frost.com / akshatam[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Press Releases:

Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today