The growing demand for power in various industries has increased the need for a well-addressed power electronics industry. The upward trend in the Indian UPS market is expected to continue over the coming years as a result of steady demand from various end-user sectors. The establishment of various enterprises that need uninterrupted power supply to maintain 24x7 operations would also push the market immensely. UPS systems are also in great demand in government departments due to computerization initiatives taken by the central and state governments (such as in e-governance, infrastructure and education), power & gas and oil verticals, with these sectors investing in the mission critical physical infrastructure. Therefore, with the number of new end-user segments coming up, the UPS industry would show considerable growth in the future.
In their latest research study, “India UPS Market Outlook 2018”, RNCOS analysts identified that UPS market is witnessing tremendous growth with growing demand for power back-up systems in the country. In 2013, the Indian UPS market revenue grew 10.9% compared to the previous year. Further, the Indian UPS systems market (upto 100 KVA) is anticipated to grow at a CAGR of 11% in value terms during 2014-2018.
The report covers the detailed analysis of UPS systems market with recent developments and trends. We have studied the UPS market performance both in value and volume terms. The Indian UPS market has been largely dependent low range (upto 25 KVA) accounting for more than half of the total UPS market. However, this trend is set to change as there has been growing application of UPS systems in industrial sector. Our report covers the detail of UPS market by segments and by sectors as well. Besides this, we have found out the UPS market potential in various regions of the country.
Moreover, the manufacturing cost analysis done in the report revealed that manufacturing cost of a UPS mainly accounts from core components like transformer and IGBT. Similarly, the report covers the capital expenditure analysis and operating cost analysis for different range of UPS systems which provides the detailed insight about the UPS systems.
With the industry’s immense growth potential, our study foresees huge opportunities for both existing and new market players. Our report also includes the profiles of key industry players, like Numeric UPS, Su-Kam Power Systems, Microtek International, Hitachi HI-REL Power Electronics, Consul Consolidated, Delta Power Solutions, American Power Conversion Corporation, Luminous Power Technologies, among others. Overall, the objective of the study is to help clients understand the prospects of the industry, and make sound investment decisions in view of those.
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