Demand for Under 5 kVA UPS Driven by Battery Quality, New Applications
7/8/2003 - In the recently released multi-volume study entitled "The 2002 Power Protection Market Intelligence Program," Venture Development Corporation (VDC) concluded in its North American Demand Analysis that the under 5 kVA UPS market is poised for extensive transition over the next five years. Global consumption of battery-powered Uninterruptible Power Supplies (UPS) of all ranges is expected to increase at a relatively modest compound annual growth rate (CAGR) of 2.95% through 2006. Within the highly competitive North American under 5kVA market, this growth should be driven primarily by consumer requirements for improved battery performance and an expanding set of applications, for the following reasons:
- End users do not have strong preferences towards specific brands. They do not draw associations to particular brands based on quality, service, price, or otherwise.
- Business segments did not show strong differences among various UPS product features or specifications. Most UPS systems were similar in offerings and had little variation for end users to choose from as a result.
- Growth in multiple applications for UPS systems across new segments will allow for various features and specifications to become more and less important. The uses for UPS systems across new applications such as entertainment will provide for more specific market segmentation and specialization by the vendors.
- Standardization of product features and specifications, and the subsequent expectations of end users will demand new and improved product performance in areas such as battery back-up time and physical dimensions.
About the Study
The report, "The 2002 Power Protection Market Intelligence Program: Volumes I - VIII" (North America (under and over 5kVA), Europe (under and over 5kVA), Asia-Pacific, Latin America, and North American Demand Analysis for under and over 5kVA), is a multi-client study designed to provide subscribers with relevant and up-to-date market intelligence to support strategic marketing and product planning decisions. This report includes:
- Forecasts by product categories, major applications, major industries, country, channels of distribution, product features, etc.
- Major issues, technology trends, and end-user needs that affect the future of this market
- Discussion of the industry structure and the influences generated by the various types of participants
- North American, European, Asia-Pacific, and Latin American vendor shipment levels and market share data by product categories
- Detailed profiles on the leading Global suppliers of battery powered UPS systems
- Recommendations providing insight into current and future market opportunities in this highly competitive marketplace
Venture Development Corporation, a technology market research and strategy firm, was founded in 1971 by graduates of Harvard Business School and MIT. Over the years, VDC has developed and fine-tuned a unique and highly successful methodology for forecasting and analyzing dynamic technology markets. VDC has extensive experience in providing analysis in electronic components markets. This includes both multi-client and customized consulting engagements in a broad spectrum of related topics including switching power supplies, surge suppressors, fuel cells, static transfer switches, and others.
Previous Page | News by Category | News Search
If you found this page useful, bookmark and share it on:
If you are familiar with RSS feeds, you can also sign up for our free blog feed. Our RSS feed is updated in real-time while our newsletter is updated daily.
