Market Forecast By kVA Rating(Below 1.1 kVA, 1.1 – 5 kVA, 5 – 20 kVA, 20.1 – 50 kVA, 50.1 – 200 kVA, Above 200 kVA), By Phases(1-phase UPS System, 3-phase UPS System), By Applications(Industrial, Commercial, Residential) and Competitive Landscape
Product Code: ETC001908 | Publication Date: Dec 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India UPS Systems Market report thoroughly covers the market by kVA rating, phases, and applications. India UPS systems outlook report provides an unbiased and detailed analysis of the on-going India UPS systems trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India UPS Systems Market has accomplished prominent growth and the market will rise more significantly during the forecast period on the back of the rise in requirement for power backup devices by organizations, the high level of uninterrupted power flows needed by healthcare institutions, data centres, and e-commerce as well as rising middle-class population in the country.
According to 6Wresearch, India UPS Systems Market size is projected to attain a substantial growth rate (CAGR) of 10% during 2024-2030. India UPS Systems Market is anticipated to witness considerable growth in the coming years backed by a growing middle-class population, increased need for power backup devices by organizations to ensure smooth operations, and high level of uninterrupted power flows required by e-commerce, data centres, and healthcare institutions.
Moreover, the development of the hospitality sector owing to an increase in tourism in the country is also expected to contribute towards a vast potential for the growth of the India UPS systems market during the forecast period. However, the pandemic effect of coronavirus in the country is expected to hamper the economic growth of the country, further restraining the growth of India's UPS systems market growth during the year. These factors have been playing a crucial role in boosting India UPS Systems Market Growth.
India is one of the most rapidly growing economies in the world, and with this growth comes a skyrocketing demand for electricity. This factor has put a major burden on the nation’s power infrastructure, leading to frequent power disruptions and outages. This has in turn led to a surge in demand for UPS systems, which provide backup power during power outages. However, providing a reliable power supply comes with its own challenges. UPS companies have to constantly innovate and develop new products that are not only cost-effective but also reliable.
The UPS systems market in India is highly competitive, with a host of domestic as well as international players vying for market share. The industry is led by well-established players like Amara Raja Batteries, Luminous Power Technologies, and Su-Kam Power Systems. These players have a strong brand presence and vast distribution networks.
The government of India has been actively motivating the use of renewable energy sources and has set determined targets for the nation to achieve 175 GW of renewable energy capacity. To accomplish this target, the government has introduced a host of policies and regulations aimed at promoting the adoption of renewable energy sources. One such regulation is the implementation of the Energy Conservation Building Code, which necessitates the use of energy-efficient technology and renewable energy sources in commercial buildings. This policy has opened up many new opportunities for UPS players to provide energy-efficient products.
According to Suryakant, Senior Research Analyst, 6Wresearch, 1.1 – 5 kVA rating devices are anticipated to register the highest revenues in the overall India UPS system market in the coming years on the back of high deployment of PCs in the corporate, residential, E-commerce, healthcare and government sectors. Moreover, with industrial expansion in the country, 50.1 – 200 kVA rating UPS systems would also witness significant demand in India in the near term. Further, urbanization across the country would create scope for the expansion of the power backup devices market.
The commercial as well as residential sectors are projected to attain high growth in the market due to automation, IT, rising technological upgrades in the corporate, and the rise in demand for uninterrupted power supply by households.
The report provides a detailed analysis of the following market segments:
By kVA Rating
By Phases
By Applications
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. India Uninterruptible Power Supply (UPS) Systems Market Overview |
3.1. India Uninterruptible Power Supply (UPS) Systems Market Revenues & Volume, 2020-2030F |
3.2. India Uninterruptible Power Supply (UPS) Systems Market - Industry Life Cycle |
3.3. India Uninterruptible Power Supply (UPS) Systems Market - Porter’s Five Forces Model |
3.4. India Uninterruptible Power Supply (UPS) Systems Market Revenue & Volume Share, By kVA Rating, 2020 & 2030F |
3.5. India Uninterruptible Power Supply (UPS) Systems Market Revenue & Volume Share, By Phases, 2020 & 2030F |
3.6. India Uninterruptible Power Supply (UPS) Systems Market Revenue Share, By Applications, 2020 & 2030F |
4. India Uninterruptible Power Supply (UPS) Systems Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. India Uninterruptible Power Supply (UPS) Market Trends |
6. India Uninterruptible Power Supply (UPS) Systems Market Overview, By kVA Rating |
6.1. India Below 1.1 kVA Uninterruptible Power Supply (UPS) Systems Market Revenues & Volume, 2020-2030F |
6.2. India 1.1 – 5 kVA Uninterruptible Power Supply (UPS) Systems Market Revenues & Volume, 2020-2030F |
6.3. India 5.1 – 20 kVA Uninterruptible Power Supply (UPS) Systems Market Revenues & Volume, 2020-2030F |
6.4. India 20.1 – 50 kVA Uninterruptible Power Supply (UPS) Systems Market Revenues & Volume, 2020-2030F |
6.5. India 50.1 – 200 kVA Uninterruptible Power Supply (UPS) Systems Market Revenues & Volume, 2020-2030F |
6.6. India Above 200 kVA Uninterruptible Power Supply (UPS) Systems Market Revenues & Volume,2020-2030F |
7. India Uninterruptible Power Supply (UPS) Systems Market Overview, By Phases |
7.1. India 1-Phase Uninterruptible Power Supply (UPS) Systems Market Revenues & Volume, 2020-2030F |
7.2. India 3-Phase Uninterruptible Power Supply (UPS) Systems Market Revenues & Volume, 2020-2030F |
8. India Uninterruptible Power Supply (UPS) Systems Market Overview, By Applications |
8.1. India Residential Uninterruptible Power Supply (UPS) Systems Market Revenues, 2020-2030F |
8.2. India Commercial Uninterruptible Power Supply (UPS) Systems Market Revenues, 2020-2030F |
8.3. India Industrial Uninterruptible Power Supply (UPS) Systems Market Revenues, 2020-2030F |
9. India Uninterruptable Power Supply (UPS) Systems Market - Key Performance Indicators |
9.1. India Residential Sector Outlook |
9.2. India Commercial Sector Outlook |
9.3. India Industrial Sector Outlook |
10. India Uninterruptable Power Supply (UPS) Systems Market - Opportunity Assessment |
10.1. India UPS Systems Market Opportunity Assessment, By kVA Rating, 2030F |
10.2. India UPS Systems Market Opportunity Assessment, By Phases, 2030F |
10.3. India UPS Systems Market Opportunity Assessment, By Applications, 2030F |
11. India Uninterruptable Power Supply (UPS) Systems Market Competitive Landscape |
11.1. India Uninterruptible Power Supply (UPS) Systems Market Competitive Benchmarking, By KVA Ratings |
11.2. India Uninterruptible Power Supply (UPS) Systems Market Revenue & Volume Share, By Company, 2023 |
12. Company Profiles |
12.1. Business Description |
12.2. Geographical Presence |
12.3. Ownership (Top 5 Shareholders) |
12.4. Key Financials (If Available) |
12.5. Historical Timeline (If Available) |
12.6. Key Clients |
12.7. Product Segmentation |
12.8. Key Distributors/Dealers |
12.9. Key Executives |
12.10. Number of Employees |
13. Key Strategic Recommendations |
14. Disclaimer |
Market Forecast By kVA Rating(Below 1.1 kVA, 1.1 – 5 kVA, 5 – 20 kVA, 20.1 – 50 kVA, 50.1 – 200 kVA, Above 200 kVA), By Phases(1-phase UPS System, 3-phase UPS System), By Applications(Industrial, Commercial, Residential) and Competitive Landscape
Product Code: ETC001908 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India UPS Systems Market is anticipated to witness considerable growth in the coming years backed by a growing middle-class population, increased need for power backup devices by organizations to ensure smooth operations, high level of uninterrupted power flows required by e-commerce, data centers, and healthcare institutions. Moreover, the development of the hospitality sector owing to an increase in tourism in the country is also expected to contribute towards a vast potential for the growth of the India UPS systems market during the forecast period. However, the pandemic effect of coronavirus in the country is expected to hamper the economic growth of the country, further restraining the growth of India UPS systems market growth during the year 2020.
According to 6Wresearch, India UPS System Market is anticipated to witness growth during the forecast period 2020-26F. On the basis of application, the residential and commercial domain of the India UPS systems market is projected to register a high growth rate backed by the rising need for uninterrupted power backup in the automation, electronics, corporate, telecom, hospitality, and healthcare industry. Moreover, smart cities initiative under the urban development plan in the country backed by the Union Ministry of Urban Development would further support the demand for UPS systems, thereby expected to benefit the growth of India UPS system market growth in the upcoming six years.
On the basis of the kVA rating, the 1.1 – 5 kVA rating devices are anticipated to register the highest revenues in the overall India UPS system market in the coming years on the back of high deployment of PCs in the corporate, residential, E-commerce, healthcare and government sector. Moreover, with industrial expansion in the country, 50.1 – 200 kVA rating UPS systems would also witness significant demand in India in the near term. Further, urbanization across the country would create scope for the expansion of the power backup devices market.
The India UPS systems report thoroughly covers the market by kVA rating, phases, and applications. India UPS systems outlook report provides an unbiased and detailed analysis of the on-going India UPS systems trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
Markets Covered
The report provides a detailed analysis of the following market segments: