|
|
 |
|
Viewing report
|
|
|
|
Analyzing the Growth Opportunities in the World Non-renewable Inverter Market
Frost & Sullivan, March 2009, Pages: 102
This study discusses the world non-renewable inverter market. This research analyses two major segments including total market, non-renewable energy-based power inverter market and non-renewable energy-based power inverter/charger market. Each segment is analyzed at a detailed level including drivers, restraints, technology and price trends, distribution channels and competitive structure. Revenues analysis are provides for all segments. Each market segments are further discussed at sub segment levels that include geographic regions, power ranges and end-user segments.
This Frost & Sullivan research service titled Analyzing the Growth Opportunities in the World Non-renewable Inverter Market provides market trends, revenue analysis, and competitive analysis. In this research, Frost & Sullivan's expert analysts thoroughly examine the market for non-renewable inverters in the telecom, retail, industrial, military, and medical industries.
Economic Slowdown and Stiff Competition among Vendors has Affected the Growth in the World Non-renewable Inverter Market
The demand for non-renewable inverters mostly depends on the trends in the end-user markets. The economic slowdown that started during the later half of 2008 has significantly affected the development in the telecom, residential/consumer, automotive, retail, and industrial sectors. Weakening of key end-user segments has lowered demand for non-renewable inverters. However, economic recovery in 2010 is expected to set market momentum back on track. Till then, manufacturers must work on innovative strategies to keep their edge in this highly competitive marketplace. Most of the vendors are focused on a specific end user segment or an application. While some vendors concentrate on the retail or mobile segment, where the products are mass produced, others specialize in products that are custom designed for the telecom, military, and medical space. Most vendors have products at par with the electrical grid standards of other countries, making the market fiercely contested.
To increase revenues and keep abreast of industry growth, vendors must aggressively work towards retaining their existing clients. Customer retention will help them to sustain revenues in these tough times. Vendors must also strive for product differentiation and work towards enhancing reliability. This is likely to enable them to generate more revenues when economic stability returns. Power requirements are steadily increasing in regions such as Asia Pacific, Middle East, Latin America, and parts of Africa as utilities are trying to keep pace with the demands of infrastructure and housing growth. “Lack of reliable power in major parts of the developing world is expected to positively impact the demand for non renewable energy based inverters,” notes the analyst of this research service. “However, strong price competition from local inverter vendors is likely to be a barrier for new entrants.”
While most vendors introduced additional features and accessories in their products, there was no marked improvement in the revenues of the market. As a result, manufacturers are reluctant to make further capital investments for innovation and technological advancement in their products The penetration of Asian manufacturers into the developed and developing regions is proving to be a major challenge to well-established participants from North America and Europe. “The Asian manufacturers sell their inverters at a very low price, thus reducing the overall potential of the market,” explains the analyst. “Sensing this competition, most of the vendors from North America and Europe have already outsourced their manufacturing units to low cost Asian regions.”
Product samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
World DC/AC Power Inverter Markets
Analyzing the Growth Opportunities in the World Renewable Inverter Market
European Inverter Market for Renewable Energy Systems
World Inverter Markets for Renewable Energy Systems
European Power Inverter Market
DC-AC Inverters in the Asia Pacific Non-renewable Energy Markets
Photovoltaic Inverter Trends
China wind power inverter controller market analysis
China wind power inverter controller market analysis
China solar energy wind control/inverter machine market analysis
China solar energy wind control/inverter machine market analysis
The Italian PV Inverter Market: Undermined Potential
|
|
|
|
