|By PR Newswire||
|August 13, 2014 07:47 AM EDT||
-- Technology innovation and futuristic strategies based on key mega trends will be crucial for success, finds Frost & Sullivan
MOUNTAIN VIEW, California, Aug. 13, 2014 /PRNewswire/ -- Interest in telecom infrastructure and network expansion in emerging regions across the globe is fuelling investments in direct current (DC) power systems. Opportunities will be ample in Southeast Asia, Africa and the Middle East, where new network build outs and expansion of existing networks are driving demand for DC power systems. Mature markets in the regions of North America and Western Europe are expected to be less lucrative.
New analysis from Frost & Sullivan, Analysis of the Global DC Power Systems Market, finds that the market earned revenues of $3.96 billion in 2013 and estimates this to reach $5.08 billion in 2020. The study covers low-power, medium-power, and high-power DC systems. Medium-power DC systems have consistently displayed higher growth rates than the other two segments.
"The telecom segment will continue to be the dominant end-user for DC power systems globally," said Frost & Sullivan Energy & Environmental Senior Industry Analyst Anu Elizabeth Cherian. "To avoid excessive dependence on the telecom segment, DC power system manufacturers could popularize the high-voltage DC concept in the enterprise and data center markets."
Nonetheless, lack of product differentiation makes it difficult to penetrate new end-user segments. Market maturity, increased consolidation, and intense price competition add to manufacturers' woes.
"DC power system manufacturers must actively innovate to enhance efficiency, provide superior configurations to customers, and boost versatility as well as the cost competitiveness of their products," noted Cherian. "Combining this with a focus on the mega trends revolving around economic growth, infrastructure build-outs, and urbanization to formulate appropriate futuristic strategies will be essential to attain higher traction in this mature market."
Analysis of the Global DC Power Systems Market is part of the Power Supplies & Batteries (http://www.powersupplies.frost.com) Growth Partnership Service program. Frost & Sullivan's related studies include: Analysis of the Global Lithium-ion Battery Market: Growth Opportunities and Market Outlook, Analysis of the North American Generator Set Market, Global UPS Services Market, and Analysis of the Global Data Center Uninterruptible Power Supplies Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Analysis of the Global DC Power Systems Market
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