Abstract
Customers in Dynamic Voltage Restorer Markets Reluctant to Adopt New Technologies
Introduced into the commercial market in 1994, dynamic voltage restorers (DVRs) have been offering reliable and cost effective protection against power fluctuations. For further growth, it needs to overcome customer reluctance to accept technologies that are new and awaiting approval and also those that are not widely in use. Small enterprises are cautious about investing heavily in the latest technologies due to a lack of better resources and infrastructure. Manufacturers can tackle these hurdles by providing better product-related education to end users, eventually boosting their revenues.
This Frost & Sullivan research service provides an overview of and outlook for the DVR markets, providing market share analyses. The study divides DVR into low and medium voltage segments and analyzes their impact on different geographic regions -- North America, Europe, Asia Pacific, and Rest-of-World. It also studies crucial aspects such as revenues, trends, market shares, technologies, pricing strategies, competitive structures, and forecasts.
Facilities with Voltage-Sensitive Equipment Extensively Seek DVRs
"The demand for DVR equipment is likely to come specifically from facilities using voltage-sensitive equipment such as specification for semiconductor processing equipment voltage sag immunity (SEMI 47) compliant equipment, motor drivers, data and server equipment, and others," says the analyst of this research. "Process equipment, largely controlled by computers is highly sensitive to even minute voltage fluctuations and DVRs aid them in tackling these short duration sags."
Further, the power electronic devices with their increased visibility and better controllability along with industrial electronics offer immense growth opportunities for the world DVR markets. DVRs, with their lesser power rating-- as against uninterrupted power systems (UPSs) are an economic alternative to UPSs for applications involving larger distribution lines.
Asian Markets with Cost-efficient Technologies Attract Investments from DVR Companies
Cost-efficient technologies have led to increasing capital investment in some of the Asian countries, especially in China, Taiwan, Japan, and Korea, thus driving the DVR markets. With increasing industrialization and commercialization, rising power quality issues such as voltage sags, surges, spikes, and other anomalies spur the demand for DVRs. "Further, the fast developing semiconductor industry benefiting from an increased usage of semiconductor fabrication, prominently in the Asia Pacific is driving the DVR markets," observes the analyst. "Industries insist on systems ensuring uninterrupted generation, transmission, and distribution of power to nullify their losses in terms of resources, revenue, and productivity."
Vendors need to effectively educate end users about DVRs being the best solutions for correcting voltage sags and provide the reasons for occurrences of these sags and the necessary corrective measures. At present, these enterprises are allotting sizeable funds to research and development (R&D), to offer technically superior products at affordable prices to end users. The research not only focuses on existing products but also on developing new ones. These factors are set to assist the global DVR markets to grow at 6.9 percent between 2004 and 2011, the growth being more prominent in North America and Asia Pacific.
Table of Contents
- 1. Executive Summary
- 1. Market Overview
- 1. Introduction
- 2. Competitive Analysis
- 3. Technologies
- 2. Major Research Findings
- 1. Market Opportunities and Forecasts
- 2. Market Segment Analysis
- 3. Strategic Conclusion
- 1. Market Overview
- 2. Total Dynamic Voltage Restorer Market
- 1. Market Overview
- 1. Introduction
- 2. Market Engineering Measurements
- 3. Market Drivers
- a. Power Quality Issues Contribute to the Increase in the Usage of DVR Products
- b. Increased Utilization of Industrial Electronics and Power Electronic Devices Results in Increased Demand for DVR
- c. Improved Economic Condition of the Semiconductor Industry Acts as a Catalyst for Driving the Market
- d. Demand for Improved Reliability over Distribution Networks Creates New Opportunities for DVRs
- e. Low Cost of Maintenance Acts as a Major Factor in Purchase Decisions
- f. Increasing Number of Research & Development Activities Provides a Major Thrust to the Sales
- 4. Market Restraints
- a. Inability of Users to Choose the Appropriate Product for their Specific Needs
- b. Lack of Large Capital Projects Holds Back Market Growth
- c. Lack of Awareness among End Users about Power Quality Issues
- d. Utilities Hard Pressed for Funds Opt for Cheaper Alternative Solutions
- 2. Revenue Forecast
- 1. Revenue Forecast and Trends
- 2. Demand Analysis
- 3. Market and Technology Trends
- 3. Product Type Forecast
- 1. Total Product Type Breakdown
- 4. Geographic Analysis
- 1. Percent Breakdown by Region
- 2. North America
- 3. Europe
- 4. Asia Pacific
- 5. Rest-of-World
- 5. Competitive Analysis
- 1. Competitive Structure
- 2. Market Share Analysis
- 6. Challenges for World DVR Market
- 1. Industry Challenges for World DVR Market
- 7. Frost & Sullivan Awards
- 1. Frost & Sullivan Product Differentiation Innovation Award
- 2. Frost & Sullivan Customer Service Excellence Award
- 1. Market Overview
- 3. Low Voltage DVR Market
- 1. Overview
- 1. Introduction
- 2. Market Engineering Measurements
- 3. Market Drivers
- a. Growth of Manufacturing in Asian Region Drives Demand
- b. Demand for Improved Reliability over Distribution Networks Creates New Opportunity for DVR
- c. Low Cost of Maintenance Acts as a Major Factor in Purchase Decisions
- d. Increasing Number of Research and Development Activities Provide a Major Thrust to the Sales
- 4. Market Restraints
- a. Lack of Large Capital Projects Holds Back Market Growth
- b. Lack of Awareness among End Users about Power Quality Issues
- 2. Forecasts and Trends
- 1. Revenue Forecasts
- 2. Demand Analysis
- 3. Market and Technology Trends
- 3. Geographic Analysis
- 1. Breakdown by Region
- 2. North America
- 3. Europe
- 4. Asia Pacific
- 5. Rest-of-World
- 4. Competitive Analysis
- 1. Competitive Structure
- 1. Overview
- 4. Medium Voltage DVR Market
- 1. Overview
- 1. Introduction
- 2. Market Engineering Measurements
- 3. Market Drivers
- a. Improved Economic Condition of the Semiconductor Industry Acts as a Catalyst for Driving the Market
- b. Increased Utilization of Industrial Electronics and Power Electronic Devices Result in Increased Demand for DVR
- c. Increase in Capital Expenditure Gives a Boost to Sales
- d. Increasing Number of Research and Development Activities Provide a Major Thrust to the Sales
- 4. Market Restraints
- a. Utilities Hard Pressed for Funds Opt for Less Expensive Alternative Solutions
- b. Lack of Awareness among End Users about Power Quality Issues
- c. Inability of Users to Choose the Appropriate Product for their Specific Needs
- 2. Forecasts and Trends
- 1. Revenue Forecasts
- 2. Demand Analysis
- 3. Market and Technology Trends
- 3. Geographic Analysis
- 1. Breakdown by Region
- 2. North America
- 3. Europe
- 4. Asia Pacific
- 5. Rest-of-World
- 4. Competitive Analysis
- 1. Competitive Structure
- 1. Overview
- 5. Appendix
- 1. Terms and Definitions
- 1. List of Abbreviations
- 2. Glossary of Terms
- 1. Terms and Definitions
- 6. Supporting Database: DSD
- 1. Electricity User Profile - Commercial
- 1. DSD 1
- 2. Electricity User Profile - Industrial
- 1. DSD 2
- 3. Length of Transmission and Distribution Network
- 1. DSD 3
- 4. Electricity Consumption
- 1. DSD 4
- 5. Demand Growth of Electricity Consumption
- 1. DSD 5
- 1. Electricity User Profile - Commercial
List Of Figures
Chapter 1
- Total Dynamic Voltage Restorer Market: Market Drivers Ranked in Order of Impact (World), 2001-2011
- Total Dynamic Voltage Restorer Market: Market Restraints Ranked in Order of Impact (World), 2001-2011
- Total Dynamic Voltage Restorer Market: Revenue Forecasts (World), 2001-2011
- Total Dynamic Voltage Restorer Market: Percent of Revenues by Product type (World), 2001-2011
- Total Dynamic Voltage Restorer Market: Percent of Revenue by Geographic Region (World), 2001-2011
- Total Dynamic Voltage Restorer Market: Revenues Forecast (North America), 2001-2011
- Total Dynamic Voltage Restorer Market: Revenues Forecast (Europe), 2001-2011
- Total Dynamic Voltage Restorer Market: Revenues Forecast (Asia-Pacific), 2001-2011
- Total Dynamic Voltage Restorer Market: Revenues Forecast (Rest-of-World), 2001-2011
Chapter 2
- Low Voltage DVR Market: Market Drivers Ranked in Order of Impact (World), 2001-2011
- Low Voltage DVR Market: Market Restraints Ranked in Order of Impact (World), 2001-2011
- Low Voltage DVR Market: Revenue Forecasts (World), 2001-2011
- Low Voltage DVR Market: Percent of Revenues by Product type (World), 2001-2011
- Low Voltage DVR Market: Percent of Revenue by Geographic Region (World), 2001-2011
- Low Voltage DVR Market: Revenues Forecast (North America), 2001-2011
- Low Voltage DVR Market: Revenues Forecast (Europe), 2001-2011
- Low Voltage DVR Market: Revenues Forecast (Asia-Pacific), 2001-2011
- Low Voltage DVR Market: Revenues Forecast (Rest-of-World), 2001-2011
Chapter 3
- Medium Voltage DVR Market: Market Drivers Ranked in Order of Impact (World), 2001-2011
- Medium Voltage DVR Market: Market Restraints Ranked in Order of Impact (World), 2001-2011
- Medium Voltage DVR Market: Revenue Forecasts (World), 2001-2011
- Medium Voltage DVR Market: Percent of Revenues by Product type (World), 2001-2011
- Medium Voltage DVR Market: Percent of Revenue by Geographic Region (World), 2001-2011
- Medium Voltage DVR Market: Revenues Forecast (North America), 2001-2011
- Medium Voltage DVR Market: Revenues Forecast (Europe), 2001-2011
- Medium Voltage DVR Market: Revenues Forecast (Asia-Pacific), 2001-2011
- Medium Voltage DVR Market: Revenues Forecast (Rest-of-World), 2001-2011
