This Analyst Insight expands on IHS previous medium voltage drives competitive analysis by applying Porter’s Analysis to the topic. Harvard business professor Michael Porter created a framework to analyze an industry by looking at “five competitive forces” that define an industry:
- Threat of new entrants
- Bargaining power of suppliers
- Bargaining power of buyers
- Threat of substitute products or services
- Rivalry among existing firms
Senior Data Analyst, Manufacturing Technology
Rolando Campos is a Senior Data Analyst for Manufacturing Technology at IHS. He has over five years of experience covering subjects in electric motor systems and energy efficiency, with an expertise on motor drives. He is the lead analyst for the Machinery Production Market, Industrial Automation Equipment and Industrial Capital Expenditure trackers.