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Asia Pacific Inverters market Witnessing severe competition
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”The un- organized sector currently dominates the inverters market in the Asia Pacific region due to the presence of numerous domestic inverter manufacturers catering to the local markets”, observes Subramanya Bettadapura, Industry Manager for Frost & Sullivan’s Energy & Power Supplies Practice. “With increased numbers of reliable power applications, branded products are being preferred by end users. The market has been witnessing the entry of overseas manufacturers and this will result in improved standards and increased rate of consolidation in the industry,” he explains.
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