Voltage regulators play an important role in
controlling power fluctuations thereby preventing damage to loads
connected to the supply. These regulators find wide application in
various industries ranging from small to large.
A recent study has established that about 95% of power problems
occurs due to voltage fluctuations like surges, sags or power
impulses. It has been observed that greater awareness among
customers regarding the advantages of voltage regulation technology
can accelerate the demand for voltage regulators.
Studies by various research firms have established that there is a
potential market for voltage regulators in Asia, Africa, South
Africa and the Middle East. The demand is mainly due to the poor
power generation and distribution infrastructure. The study points
out that voltage fluctuations in the United States is about 5 per
cent, the figure is around 20 percent in Mexico and South America.
It is about 10 to 15 percent in the developing nations of Asia.
Countries lacking basic national power infrastructure have a
substantial requirement for voltage regulation. Industrial plants,
especially those located near mines and oil wells have a greater
demand for voltage regulators.
The market for voltage regulators is open to global competition in
developing countries including India. The increasingly important
role of voltage regulators in high growth markets like
communications, consumer, computers have made them one of the
fastest growing markets.
The voltage regulator market has outperformed several other fast
growing markets. It is expected that the market for voltage
regulators will have a consistent annual growth rate over the coming
years.
