Market Share of Global Power Management System Industry
The Power Management Systems market is competitive and consists several major players. However, in terms of market share, few of the major players currently dominate the market. These major players, with a prominent share in the market, are focusing on expanding their customer bases across foreign countries. These companies are leveraging strategic collaborative initiatives to increase their market shares and profitability. The key players are ABB Ltd, Noris Group GMBH and few others. Recent developments in the market are -
- July 2019 - NORIS Group and SIBO Group extended their joint venture NORIS-SIBO Automation for a further fifteen years. By this joint venture, the company is strengthening its position in the Chinese market in the future.
Power Management Market Leaders
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ComAp AS
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Brush Group
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ABB LIMITED
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etap (Operation Technology Inc.)
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Wartsila oyj abp
*Disclaimer: Major Players sorted in no particular order
