India Inverters and
UPS Market Outlook to 2019- Driven by Power Deficit and Industrial Expansion provides a comprehensive analysis of the various aspects such as market size of
the India inverters and UPS market. The report also covers the market shares of
major inverters and UPS manufacturers in India as well as the revenues of major
players in the industry.
India Inverters and UPS Market |
The growth in India inverters market has been attributed to
the demand and supply gap between electric energy in India and the increasing
purchasing power of Indian consumers. The decreasing tolerance for long power
cuts among consumers in rural and semi-urban areas is also a major factor
behind the growth of this market. The revenue generated by the India inverter
industry in FY’2010 was valued at INR 19,581.1
million which increased to INR ~ million during FY’2014, witnessing a CAGR of 8.9% for the period FY’2010-FY’2014. The
increasing awareness among people to prevent damage of electronic equipments
resulting from voltage fluctuations has played an important role in further expansion
of the India UPS market. The market has grown from INR 35,339.4 million in FY’2010
to INR ~ in the financial year ended March 2014 at a CAGR
of 9.9% during review period.
The market for inverters and UPS in India is fragmented and
there exist a large number of small unorganized players manufacturing
sub-standard and local inverters. However, the market is dominated by a few
leading brands including Luminous, Microtek and Su-Kam. Luminous is the market
leader with a share of 28% in terms of revenue in India Inverters market in FY’2014.
Microtek was the second largest brand of the inverters market in India with a
revenue contribution of 23% in FY’2014. The leading contributor to the Indian
online UPS market is Emerson, whose market share was recorded at 20% in FY’2014.
Emerson was followed by APC which occupied 18% share in the market in FY’2014.
There is a gradual rise in awareness among the population of
India pertaining to the benefits of good quality inverters. Moreover, with the
expansion of purchasing power, the demand for Inverters in India is expected to
surge in the future. India Inverters market is projected to grow at an
appreciable CAGR of 9.4% to reach INR ~ million by FY’2019. The UPS market in
India is expanding swiftly due to the low availability of high quality power,
expansion of industries and increasing income levels of consumers. The market
is projected to scale new heights and reach INR ~ million by FY’2019, expanding
at a CAGR of 9.8% in FY’2014-FY’2019.
Key Topics Covered in the Report
·
The
market size of the India inverters market on the basis of revenue.
·
The
market size of the India inverters market on the basis of volume sales.
·
The
market size of the India UPS market on the basis of revenue.
·
The
market size of the India UPS market on the basis of volume sales.
·
Market
segmentation of the India inverters market on the basis of technology, market
structure, end-users, capacity and region.
·
Market
segmentation of the India UPS market on the basis of technology, capacity,
regional demand, demand from different verticals and market structure.
·
Trends
and Development in the India inverters and UPS market.
·
Competitive
landscape and detailed company profiles of the major manufacturers of inverters
and UPS in India.
·
Future
outlook and projections of the India inverters and UPS market, on the basis of revenues
and volume sales in India.
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249