Central and Eastern Europe: Emerging Markets for Three-Phase UPS
Unlike the general UPS market where the small and medium output ranges contribute the most to revenues, it is the large output ranges that contribute significantly to revenues in the three-phase UPS market. In the future too, the higher output ranges are projected to be the leading revenue-generating segments. Moreover, central and eastern Europe present the next big opportunity in terms of sales for this market, especially in the long run. As a result, the key participants in the market are making efforts to enter this region. While some companies already have a presence here, a careful and well-planned strategy is required to penetrate these markets.
Currently, there is a lack of good service and maintenance in the market. "Earlier, the trend followed by most players was to delegate service and maintenance activities to third-party contractors," explains the analyst. "However, this scenario is changing, as most participants have realised the importance of service and maintenance. They are now focusing on developing their own expertise in service and maintenance support." Competition in the market is based more on quality, technology and service rather than just price. Most companies are aware that if they are able to manufacture or sell a good quality, technically high-end product with excellent service and at a reasonable price, the scope to increase their market share will grow phenomenally.