The burgeoning power quality industry, fuelled by increasing power quality needs, is driving the global dynamic voltage restorer (DVR) markets. It is receiving substantial support from the increasing number of research and development (R&D) activities under taken by the DVR enterprises.
New analysis from Frost & Sullivan (powersupplies.frost.com), World Dynamic Voltage Restorer (DVR) Markets reveals that these markets generated revenues of $33.5 million in 2004. Total market revenue is expected to reach $53.4 million in 2011.
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 Dynamic Voltage Restorer (DVR) Markets – then send an e-mail to Trisha Bradley – Corporate Communications, at trisha.bradley[...]frost.com, with the following information: your full name, company name, title, telephone number, fax number and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.
DVRs are efficient at tackling rising power quality issues such as voltage sags, surges, spikes and other anomalies, thus aiding industries to secure uninterrupted generation, transmission and distribution of power, a factor likely to boost the market revenues.
“However, a lack of awareness about DVRs among end users is acting as a deterrent to product growth,” notes Frost & Sullivan Research Analyst Ramya Srinivasan. “The majority of power anomalies are voltage sags that can be corrected using DVRs.”
Enterprises need to educate end users about the reasons for the occurrence of these power-related set backs and the means to rectify them. This would help curtail the huge customer expenditure on resolving power problems.
While the importance of this education is growing, certain smaller companies remain apprehensive about investing large capital in new products due to a lack of infrastructure and resources. They are reluctant to use technologies that are both new and awaiting approval and those that are not widely in use.
“Nevertheless, towards the end of the forecast period (2004-2011) technological advancements could make it necessary for end users to become more adaptive, eventually encouraging greater investments,” states Ramya Srinivasan.
Technologically advanced products include voltage-sensitive equipment such as specification for semiconductor processing equipment voltage sag immunity (SEMI 47), compliant equipments, motor drivers, data and server equipment and others. These instruments are highly sensitive to minute voltage fluctuations and DVRs are effective in handling such snags.
Hence, DVR companies need to offer superior quality equipments at an optimum price while maintaining equilibrium between the two.
Overall, customer service and support functions play a vital role in helping manufacturers retain their customer base. Product innovations and enhancements together with services should nullify the losses in terms of resources, revenue and productivity for the end users.
The World Dynamic Voltage Restorer (DVR) Markets, a part of the 9918 subscription, provides detailed revenue forecasts by region and end user. It segments the market into low and medium voltage and includes detailed market opportunities and industry trends, enabling DVR manufacturers to design strategies and position their products to obtain maximum return on investments. Analyst interviews and executive briefings are available to the press.
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.
World Dynamic Voltage Restorer (DVR) Markets
Keywords in this Press Release: dynamic voltage restorer, DVR, voltage sags, surges, spikes, specification for semiconductor processing equipment voltage sag immunity, SEMI 47, motor drivers, research, information, market, trends, technology, service, forecast