India UPS Market is expected to grow with a CAGR over 8% during the forecast period 2018-2025


Posted August 23, 2019 by smithdavid123

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.

 
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.

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.

Get Sample PDF of this Market Research Report @ https://www.blueweaveconsulting.com/india-ups-market#ReportSample

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.

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.

Market Segmentation: India UPS Market

By Technology

Online
Offline/Standby
Line Interactive
By Application

Commercial
Industrial
Residential
By Rating

200kVA
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Categories Energy
Tags forecast , outlook , trend
Last Updated August 23, 2019