SAN JOSE, Calif.† December 10, 2002† The compelling need to protect modern communication networks in data centers, base stations, and colocation sites from power disturbances is driving the demand for power quality (PQ) equipment and services in North America.
New analysis from Frost & Sullivan (www.powersupplies.frost.com), Opportunity Analysis of the North American Power Quality Equipment and Services Markets, reveals that this market generated revenues worth $ 4.95 billion in 2002 and is expected to reach $ 6.26 billion in 2006.
According to Frost & Sullivan Analysts Sara Bradford, Farah Saeed, and Vishal Sapru, ""Mission-critical applications such as credit card operation and stock broking require undisturbed power services, as downtime results in potential loss of revenue and customers.""
Saeed indicates, ""Manufacturers are adopting strategies such as co-promotion and customer awareness programs to increase market presence. Business diversification and consolidations are assisting entry into new end-user segments". EC