India UPS Market
India UPS Market Expected to Grow with a CAGR of over 8% by 2025
Published | 21 December 2018
According to a new market report published by BlueWeave Consulting, The India UPS Market is expected to expand at a CAGR of over 8% from 2018 to 2025, end of the forecast period.
Growing Demand from IT / ITeS and BFSI sectors coupled with prevailing power deficit scenario in the country is driving the Indian UPS market
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 being a power deficit nation has a large market for power backup products.
There has been a growing trend in recognizing UPS systems as an essential power backup device as nearly every organization today uses computers to smoothen their workflows.E-Commerce, data centers, servers, and electronic & medical equipment need high level of uninterrupted power supply and thus generating significant demand for high power range of UPS systems in India. Therefore, Indian UPS market is expected to witness double-digit growth in the coming years.
India UPS Market: Scope of the Report
The India UPS Market is segmented on the basis of technology and application. Based on product type, the market is segmented into Online, Offline/Standby & Line Interactive. On the basis of application, the market is segmented into Commercial, Industrial and Residential. And On the basis of rating, the market is segmented into less than 5kVA, 5.1 kVA-50.1kVA, 50 kVA-200kVA and more than 200kVA.
India UPS Market: Competitive Dynamics
Companies, such as 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. are the key players in UPS market in India.
Market Segmentation: India UPS Market By Technology
· Line Interactive
In addition, the report provides analysis of the India UPS Market with respect to the following geographic segments:
· North Region
· East Region
· West Region
· South Region
BlueWeave Consulting is a one-stop solution for market intelligences regarding various products and services online & offline. We offer worldwide market research reports by analysing both qualitative and quantitative data to boost up the performance of your business solution. Our primary forte lies in publishing more than 100 research reports annually. We have a seasoned team of analysts working only for various sub-domains like Chemical and Materials, Information Technology, Telecommunication, Medical Devices/Equipment, Healthcare, Automotive and many more. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients for years. We are one of the leading digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining.
- India UPS Market, By Rating (<5kVA, 5.1-50kVA, 50.1-200kVA, >200kVA), By Application (Commercial, Industrial, Residential), By Type (Online, Offline), By Region (North, South, East, West) Trend Analysis, Competitive Market Share & Forecast, 2017-2027
Publish Date: November 2021
India UPS market is growing at a high rate because of the growing installations of high-end electronic equipment and machinery in industrial set-ups, along with growing need for continuous and smooth power supply in various end-use sectors including residential, commercial and industrial.
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