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News Release from: Frost and Sullivan
Edited by the Electronicstalk Editorial
Team on 02 June 2006
New EU states offer UPS opportunities
The central and eastern European UPS market earned revenues of Eur 106.0 million in 2005 and is estimated to reach Eur 164.0 million in 2012.
As new and prospective European Union member states from central and eastern Europe strive to harmonise their economies, national infrastructures, commercial activities and technology with their western counterparts, power protection is emerging as a key concern With entrants as well as existing local businesses requiring investments in this area, exciting growth opportunity is being created for the uninterruptible power supply (UPS) market in the region
This article was originally published on Electronicstalk on 28 Jul 2006 at 8.00am (UK)
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Frost and Sullivan finds that the central and eastern European UPS market earned revenues of Eur 106.0 million in 2005 and estimates this to reach Eur 164.0 million in 2012.
"Investment has been a key driver to the growth of the central and eastern European countries in recent years and it will continue to be so in the near future", notes Frost and Sullivan.
"As national governments and local companies harness links with the west, foreign and domestic investment is expected to increase, thereby providing opportunities for many businesses, including the UPS market".
Penetration into the central and eastern European UPS market will require identification of the sales channels best suited to the different types of UPS that can be offered.
Understanding local markets and locating the most advantageous distribution method will be key to entering most markets.
However, within country markets that have low public awareness about power quality issues, seeking out the most efficient sales channel will determine the success of market participants.
At the same time, intensifying competition over the long term will require additional strategic planning by UPS manufacturers.
They will need to effectively position not only their products, but their companies within the market.
"Striking a balance between direct company representations and installing a comprehensive sales network will help toward further stabilising a company's position in the market", adds Frost and Sullivan.
"A strong presence will also help toward raising awareness of power security problems which, in turn, will lead to augmented business opportunities".
To overcome the growing challenge from other manufacturers, existing market participants will need to further strengthen their sales channels and identify new avenues to market their products, thus opening up more growth prospects on which to capitalise.
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