December 2018
BWC1852

180
india ups market
India UPS Market: Overview
Growing demand from diverse sectors such as IT and IT enabled services (ITeS); banking, financial services and insurance (BFSI); government, manufacturing, telecom, and energy sectors continues to drive the UPS market in India. Government’s initiative to computerize its various departments coupled with ‘The National e-Governance Plan’ is expected to boost the demand for low-end UPS systems through 2025. Increasing demand for high-end UPS is expected to emanate from growing installations of high-end electronic equipment and machineries in industrial set-ups. Increasing penetration of IT/ITES sector in Tier-II & Tier II cities of the country is also anticipated to boost the demand for UPS systems in the coming years. India UPS Market is expected to grow with a CAGR over 8% during the forecast period 2018-2025. Growing need for continuous and smooth power supply in various end-use sectors including residential, commercial and industrial, provides a huge growth opportunity for UPS manufacturers in India.
Particularly, growing demand from IT/ ITeS, BFSI, government sector, manufacturing, telecom, and energy sectors are expected to drive UPS market in India in the coming years. However, regardless of various government efforts towards increasing power generation over the last decade, there is still a huge mismatch between power supply and demand. Poor power infrastructure and high transmission losses are anticipated to drive demand for UPS systems in India over the forecast period.
Growing demand from diverse sectors such as IT and IT enabled services (ITeS); banking, financial services and insurance (BFSI); government, manufacturing, telecom, and energy sectors continues to drive the UPS market in India. Government’s initiative to computerize its various departments coupled with ‘The National e-Governance Plan’ is expected to boost the demand for low-end UPS systems through 2025. Increasing demand for high-end UPS is expected to emanate from growing installations of high-end electronic equipment and machineries in industrial set-ups. Increasing penetration of IT/ITES sector in Tier-II & Tier II cities of the country is also anticipated to boost the demand for UPS systems in the coming years.
India UPS Market Analysis: By Type
·
Online segment is growing significantly with a
healthy CAGR during the forecast period. For applications where power losses
due to inefficiencies are less of a concern and eliminating the delay from grid
power available to back power is paramount, Online (also called Double
Conversion) is the only solution. Online systems followed line interactive
systems due to its popularity among large organizations and data centers.
Moreover, online systems are slightly more expensive considered to
line-interactive systems.
·
Offline/Standby segment is growing significantly
with a healthy CAGR during the forecast period. They are the most common type
of UPS used for personal computers. The systems are considered as best value
for personal workstations, however, for other applications, line interactive
and online are better. For backup applications where low cost is critical, it
doesn’t matter if the load loses power briefly and backup times are short, an
offline solution is adequate, although it will not provide adequate protection
against spikes or sags from the grid.
·
Line Interactive segment is growing
significantly with a healthy CAGR during the forecast period. For typical
applications where power often needs conditioning but is usually available and
very short transfer times from grid to backup power are acceptable and daily
energy consumption is a concern, Line Interactive is the preferred solution.
These types of UPS systems are demanded by majority of commercial
establishments
India UPS Market Analysis: By Application
·
The Commercial UPS application is growing at a
rapidly with a significant CAGR during the forecast period owing to the growing
commercial sectors like public and private offices, restaurants, hospitals,
cafes, etc.
·
The Industrial UPS application is growing with a
healthy CAGR during the forecast period due to rapid industrialization.
·
The Residential UPS application is growing with
a healthy CAGR during the forecast period. The growing population is one main
driver behind the residential usage of UPS. As people are increasing, the
residential areas are also increasing simultaneously, surging the demand for
UPS in their homes.
India UPS Market: Competitive Dynamics
The India UPS Market is dominated by a number of players, amongst them, the major players are Consul Neowatt Power Solutions Pvt. Ltd, Delta Power Solutions (India) Pvt. Ltd, Eaton Power Quality Pvt. Ltd, Emerson Network Power (India) Pvt. Ltd, Hitachi HI-REL Power Electronics Pvt. Ltd, Microtek International Pvt. Ltd, Novateur Electrical & Digital Systems Pvt. Ltd, Schneider Electric IT Business India Pvt. Ltd, Socomec Innovative Power Solutions, Uniline Energy Systems Pvt. Ltd. Companies in this industry are following different strategies to strengthen their market position.
We've been tracking the direct impact of COVID-19 on this market, and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Contact our sales team for more details at
Contact NowWHY CHOOSE US
-
24/7 Research support
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
-
Coustom Research Service
Ask the Analyst to customize an exclusive study to serve your research needs.
-
Quality & Accuracy
offers best quality reports based on various authentic and accurate data findings.
-
Data Visualization
As the business world is changing dynamically every day. We need to stay pin point in relation to data management and optimum data utilization
-
Information security
We never share your personal and confidential information. Your personal information is safe and secure with us.