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Demand from Oil Gas and Power Sectors Driving Growth in World Industrial UPS Markets - Frost & Sullivan finds that the World Industrial UPS Markets earned revenues of US$815.8 million in 2006 and estimates this to reach US$1505 million in 2012
Demand from Oil Gas and Power Sectors Driving Growth in World Industrial UPS Markets

 

PRZOOM - /newswire/ - London, United Kingdom, 2007/03/19 - Frost & Sullivan finds that the World Industrial UPS Markets earned revenues of US$815.8 million in 2006 and estimates this to reach US$1505 million in 2012.

   
 
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Although slow technological development and lack of end-user perception pose major challenges, industrial UPS markets across the world offer good potential for growth, especially with rising investments in oil and gas (O&G), power and certain process and discrete manufacturing industries.

Frost & Sullivan (powersupplies.frost.com) finds that the World Industrial UPS Markets earned revenues of US$815.8 million in 2006 and estimates this to reach US$1505 million in 2012.
"An increase in power quality problems as well as the frequent occurrence of power cuts has led to the rising demand for UPS systems,'' notes Frost & Sullivan Research Analyst Malavika Tohani. ''Continuous and clean power is essential, particularly for critical applications in the O&G and power generation as well as transmission industries.''
Power quality issues such as voltage fluctuations (sag, swell and transient), noise and harmonics can damage equipment, cause malfunctioning and effect premature wear and tear. This can result in huge losses for the process and discrete manufacturing industries. Critical applications in industries such as O&G and power generation (especially nuclear) cannot be shutdown even for a minute and the people handling such operations recognise the important role that UPS plays in ensuring the smooth functioning of such activities.

However, many end users in the industrial UPS markets are still unaware of the advantages that a UPS system can provide in terms of minimising losses and damage to their equipment due to power disruption. Some of these industries are textiles, paper and printing, glass and other discrete manufacturing.

Another reason limiting the widespread use of UPS is customers' perception that surge suppressors or isolation transformers provide sufficient protection against power quality problems such as spikes, brownouts and noise. The low price of these products, as compared to UPS, also promotes their uptake to the detriment of the latter.
''Manufacturers should educate customers about the benefits of having a UPS and the positive impact it can have on the company's profits,'' advises Ms. Tohani. ''Moreover, working towards a one-stop shop solution and expanding the product offering in order to offer customers a clear cost advantage can help stimulate demand for UPS systems.''

If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the latest analysis of the World Industrial UPS Markets, send an e-mail to Chiara Carella - Corporate Communications at chiara.carella[.]frost.com with your full name, company name, title, telephone number, e-mail address, city, state and country. Upon receipt of the above information, an overview will be sent to you by e-mail.

World Industrial UPS Markets is part of the Power Supplies & Batteries Subscription, which also includes research in the following markets: European DC power systems markets, North American three-phase UPS markets and World DC/AC power inverter markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
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Demand from Oil Gas and Power Sectors Driving Growth in World Industrial UPS Markets

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