Research and Markets (http://www.researchandmarkets.com/reports/c46683) has announced the addition of Frost & Sullivan's new report: North American Industrial UPS Markets to their offering.
This research service titled North American Industrial UPS Market provides in depth analysis of end user markets, revenue analysis and forecasts, and focuses on the latest trends in the market. In this research service, expert analysts thoroughly examine the following markets: heavy-duty machinery, process control, and light applications segments in addition to oil and gas market, power industry, chemical industry, process control industry, and discrete industry.
Market Overview
Oil & Gas and Power Vertical Markets Expected to Boost Demand for Industrial UPS
Increase in oil and gas and power and process control vertical markets is likely to drive the industrial uninterruptible power supply (UPS) market of North America. The growth of this market mainly depends on the technology associated with the equipment and the demand from its end-user markets. "With UPS technology being saturated, the focus is purely on the growth of its industrial applications and the end user vertical market," according to the analyst of the study. "As the trend of oil and gas market in addition to power and process control market increases, the future of industrial UPS market looks bright and promising."
The oil and gas markets require high-standard unique UPS solutions for their refineries and oil pumps. Any kind of power outage in these industries could result in a loss worth millions of dollars. Hence, the need for complete protection and proper backup systems is intense. In addition, the medical and pharmaceuticals markets are also likely to boost the growth of the industrial UPS market. The manufacturing plants of various pharmaceuticals companies are anticipated to help create new demand as well.
Asia as Low-cost Manufacturing Hub Combined with Increasing Power Density Drives Demand for UPS
As more and more industries are shifting their operations toward the Asia Pacific and eastern European regions due to cheap labor and low-production cost, the demand of UPS is likely to go down in North America. However, the rise in oil and gas market and other industrial oriented markets such as process control and discrete markets see growth due to increasing automation and the need to deliver products faster are likely to fuel new growth in this market. As the competition among the various market participants intensifies, the market is likely to witness more price erosion, leading to lower profit margins and increased number of units sold.
Increasing power density levels have been an additional cause of concern for the industrial IT sector. Many manufacturers have computerized their systems in order to work more efficiently and reduce wastage. In addition, programmable logic controllers (PLCs) enable manufacturers to obtain better production rates and decrease wastage. Moreover, they also help in reducing the delivery time of a product to their customers by employing various systems such as MES and SCADA, which provide the user with live data and help maintain the supply chain of their products.
Technologies:
The following technologies are covered in this research:
Single-phase UPS
Three-phase UPS
Market Sectors :
Expert analysts thoroughly examine the following market sectors in this research:
Heavy-duty machinery
Process control
Light applications
For more information visit http://www.researchandmarkets.com/reports/c46683
Source: Frost & Sullivan
