India Uninterruptable Power Supply (UPS) Market Outlook, 2023

  • ID: 4480822
  • Report
  • Region: India
  • 115 Pages
  • Bonafide Research
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Power Shortage and UPShift towards better quality and reliable products at economical cost will drive the UPS Market in India

Power shortage all across India and technology advancement to conserve energy has pull the demand of power back solution. It has been observed that there is a growing demands for continuous power supply from Tier II and Tier III cities along with government initiatives.

India being a power shortfall country has a huge market for Power back up solution. There has been a developing pattern in perceiving UPS systems as a basic power back up gadget as about each association today utilizes PCs to smoother their work processes. Data centers, E-commerce business, servers, and industrial plant require abnormal state of continuous power supply and in this way producing critical interest for high power scope of UPS systems in India.

According to recently published report "India Uninterruptible Power Supply (UPS) Market Outlook, 2023" Increasing disposable income and expansion of industries have resulted in increased spending on UPS systems in India. The market is expected to grow with a CAGR of more than 8% from 2018-23. The UPS Market in India is currently depending on low range UPS Market Less than 5kVA constituting for over half of the total UPS market. The IT and IT enabled services (ITeS); banking, financial services and insurance (BFSI); government, manufacturing, telecom and energy sectors are currently witnessing a growing demand in India.

Government initiative includes smart cities projects and national e-governance plan has pulled the demand of UPS systems. With the introduction of GST and BIS, organised players are playing safely in UPS market. On other hand, unorganised sector is continuously reducing and has been marginalised because of low profit margins.

Technologies advancement that are used in the making of UPS systems are not only getting more efficient but also greener. Modern UPS systems offer the dual advantage of lower carbon footprint and greater energy efficiency. UPS suppliers are not limiting themselves to only supplying equipment. Instead, they are undertaking complete power management for their clients. The commercialization of solar power technology in UPS systems can provide a drastic cut in energy bills, the capital costs are on the higher side. Solar UPS systems are finding applications in large retail outlets in tier-II and tier-III cities where grid power is relatively unstable.

The accelerating change toward digitisation, Internet of Things (IoT), software as a service (SaaS) and cloud computing is giving a enormous enhance to the adoption of uninterruptible power supply (UPS) systems across different applications. It is expected that the demand of above 200kVA UPS system will increase in forecasted period due to continuous demand from data centers and industrial hubs.

Major companies operating in the UPS market of India are Vertiv Energy Private Limited, Schneider Electric India Private Limited, Eaton Power Quality Private Limited, Delta Power Solution (India) Private Limited, Hitachi Hi-Rel Power Electronics Private Limited, Swelect Energy Systems Limited, Luminous Power Technologies Private Limited, Microtek International private limited, V-Guard Industries Limited, Su-Kam Power Systems Limited

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1. Executive Summary

2. Global Uninterruptible Power Supply (UPS)Market Outlook
2.1. Market Size & Forecast
2.1.1. By Value
2.1.2. By Volume
2.2. Market Share
2.2.1. By Segment
2.2.2. By region
2.2.3. By Company
2.2.4. By End User Segment

3. India Uninterruptible Power Supply (UPS) Market Outlook
3.1. Market Size & Forecast
3.1.1.  By Value
3.1.2. By Volume
3.2. Market Share 
3.2.1. By Company (Offline/ Online)
3.2.2. By Segment
3.2.3. By Region
3.2.4. By Types (Offline/ Online)
3.2.5. By End Users (Residential / Commercial)
3.2.6. By Application 
3.2.7. By Technology
3.3. Less Than 5 KVA UPS Market Outlook
3.3.1. Market Size & Forecast
3.3.1.1. By Value
3.3.1.2. By Volume
3.4. 5.1 KVA to 30 KVA UPS Market Outlook
3.4.1. Market Size & Forecast
3.4.1.1. By Value
3.4.1.2. By Volume
3.5. 30.1 KVA to 100 KVA UPS Market Outlook
3.5.1. Market Size & Forecast
3.5.1.1. By Value
3.5.1.2. By Volume
3.6. Above 100 KVA UPS Market Outlook
3.6.1. Market Size & Forecast
3.6.1.1. By Value
3.6.1.2. By Volume
3.7. India Consumption of Electricity
3.8. Pricing Analysis

4. India Economic Snapshot

5. Certifications

6. PEST Analysis

7. Trade Dynamics
7.1. Import
7.2. Export

8. Channel Partner Analysis

9. India UPS Market Dynamics
9.1. Key Drivers
9.2. Key Challenges

10. Market Trends & Developments
10.1. Demand of Modular UPS
10.2. New technology adoption in UPS Market
10.3. Increasing Demand from Tier II and Tier III Cities
10.4. Customized Power Supply Solutions
10.5. Demand from Industrial Automation Sector

11. Competitive Landscape
11.1. Porter's Five Forces
11.2. Company Profiles
11.2.1. Vertiv Energy Private Limited
11.2.2. Schneider Electric India Private Limited
11.2.3. Eaton Power Quality Private Limited 
11.2.4. Delta Power Solutions (India) Private Limited
11.2.5. Hitachi Hi-Rel Power Electronics Private Limited
11.2.6. Swelect Energy Systems Limited
11.2.7. Luminous Power Technologies Private Limited
11.2.8. Microtek International Private Limited
11.2.9. V- Guard Industries Limited
11.2.10. Su- Kam Power Systems Limited

12. Strategic Recommendations

13. Disclaimer

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  • Delta Power Solutions (India) Private Limited
  • Eaton Power Quality Private Limited
  • Hitachi Hi-Rel Power Electronics Private Limited
  • Luminous Power Technologies Private Limited
  • Microtek International Private Limited
  • Schneider Electric India Private Limited
  • Su- Kam Power Systems Limited
  • Swelect Energy Systems Limited
  • V-Guard Industries Limited
  • Vertiv Energy Private Limited
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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