The second segment represents the market for isolated PV installations. This is a strong and rapidly growing market, especially in developing countries, and is an area where Isofoton aims to reach markets before its competitors. Many of the company’s developments and R&D projects are well ahead of its competitors and are adapted to meet the local needs of these countries, specifically those technologies related to water pumping and lighting systems. Because Isofoton’s technologies are the first to be applied in many developing countries, it can secure a long lasting competitive advantage in these markets. In such markets, determining whether or not to secure IPRs depends on the basis of actual and potential local use of each application, with the aim of maintaining a competitive advantage and facilitating further expansion. Countries in North Africa, for example, represent a strategic market for Isofoton where all of its technological applications and the associated R&D that went into creating them are used and therefore require IPRs.