The Indian Automatic Voltage Regulator Market Stood at USD 213.17 Million in 2021 and is Anticipated to Grow with a CAGR of 8.05% to Reach the Value of USD 349.17 Million by 2027.
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The Indian Automatic Voltage Regulator Market stood at USD213.17 million in 2021 and is anticipated to grow with a CAGR of 8.05% to reach the value of USD349.17 million by 2027. Growing energy requirements due to rapid urbanization and industrialization to improve the country's economic conditions are influencing the market demand. The initiatives taken by the government officials to accelerate electrification in rural and remote areas are the major driving factors influencing the demand of the Indian Automatic Voltage Regulator Market. Constant development and ongoing projects such as Smart Cities Mission are driving the demand for the automatic voltage regulator to save the expensive equipment and appliances from getting affected by power fluctuations which may damage the normal functioning of devices. Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
The Indian Automatic Voltage Regulator Market is segmented on the basis of type, kVA rating, phase type, application, sales channel, regional distribution, and competitive landscape. Based on phase type, the market is bifurcated into single phase and three phase. The single phase is expected to hold the largest market share in the forecast period. The manufacturing cost of a single phase is lower than the three phase motor, leading to lower selling costs than other motors. They require minimal maintenance and do not have complex configurations.
V-Guard Industries Ltd., Microtek International Private Limited, Capri Group, Livguard Energy Technologies Private Limited, Servokon System Ltd, Bluebird Power Controls Pvt. Ltd., Jindal Electric, Servomax Limited, Luminous Power Technologies Private Limited, are the leading market players in the Indian Automatic Voltage Regulator Market.
Years considered for this report:
- Historical Years: FY2017-FY2020
- Base Year: FY2021
- Estimated Year: FY2022
- Forecast Period: FY2023-FY2027
Objective of the Study:
- To analyze the historical growth in the market size of the Indian Automatic Voltage Regulator Market from FY2017 to FY2021.
- To estimate and forecast the market size of the Indian Automatic Voltage Regulator Market from FY2022 to FY2027 and growth rate until FY2027.
- To classify and forecast the Indian Automatic Voltage Regulator Market based on basis of type, kVA rating, phase type, application, sales channel, regional distribution, and competition landscape.
- To identify the dominant region or segment in the Indian Automatic Voltage Regulator Market.
- To identify drivers and challenges for the Indian Automatic Voltage Regulator Market.
- To identify and analyze the profile of leading players operating in the Indian Automatic Voltage Regulator Market.
- To identify key sustainable strategies adopted by the market players in the Indian Automatic Voltage Regulator Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across India. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the country.
The publisher calculated the market size of the Indian Automatic Voltage Regulator Market by using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Automatic voltage regulators manufacturers/distributors
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to automatic voltage regulator
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Indian Automatic Voltage Regulator Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
India Automatic Voltage Regulator Market, By Type:
- Relay Based
- Servo Motor
India Automatic Voltage Regulator Market, By kVA Rating:
- 1 kVA-6 kVA
- 6 kVA-12 kVA
- Above 12 KVA
India Automatic Voltage Regulator Market, By Phase Type:
- Single Phase
- Three Phase
India Automatic Voltage Regulator Market, By Application:
- Residential
- Commercial
- Industrial
India Automatic Voltage Regulator Market, By Sales Channel:
- Online
- Offline
India Automatic Voltage Regulator Market, By Region:
- South
- West
- North
- East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Indian Automatic Voltage Regulator Market.Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.Table of Contents
1. Product Overview2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Brand Awareness
4.2. Customer Satisfaction Level
4.3. Factors Considered While Selecting Supplier
4.4. Challenges/Issues Faced Post Purchase
5. India Automatic Voltage Regulator Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Type (Servo Motor, Relay Based)
5.2.2. By kVA Rating (1 kVA-6 kVA, 6 kVA-12 kVA, above 12 kVA)
5.2.3. By Phase Type (Single Phase, Three Phase)
5.2.4. By Application (Residential Commercial, Industrial)
5.2.5. By Sales Channel (Online, Offline)
5.2.6. By Region (East, West, North, South)
5.2.7. By Company (FY2021)
5.3. India Automatic Voltage Regulator Market Map
6. India Relay Based Automatic Voltage Regulator Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By kVA Rating
6.2.2. By Application
6.2.3. By Phase Type
7. India Servo Motor Automatic Voltage Regulator Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By kVA Rating
7.2.2. By Application
7.2.3. By Phase Type
8. Supply Chain Analysis
9. Import-Export Analysis
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends and Developments
12. Policy and Regulatory Landscape
13. India Economic Profile
14. Impact of COVID-19 on India Automatic Voltage Regulator Market
15. Pricing Analysis
16. Competitive Benchmarking
17. Company Profiles
17.1. V-Guard Industries Ltd.
17.2. Microtek International Private Limited
17.3. Capri Group
17.4. Livguard Energy Technologies Private Limited
17.5. Servokon System Ltd
17.6. Bluebird Power Controls Pvt. Ltd.
17.7. Jindal Electric
17.8. Servomax Limited
17.9. Luminous Power Technologies Private Limited
17.10. Fuji Electric Consul Neowatt Pvt. Ltd.
18. Strategic Recommendations
19. About the Publisher & DisclaimerList of FiguresFigure 1: India Automatic Voltage Regulator Market Size, By Value (USD Million), 2017-2027F
Figure 2: India Automatic Voltage Regulator Market Size, By Volume (Thousand Units), 2017-2027F
Figure 3: India Automatic Voltage Regulator Market Share, By Type, By Value, 2017-2027F
Figure 4: India Automatic Voltage Regulator Market Share, By kVA Rating, By Value, 2017-2027F
Figure 5: India Automatic Voltage Regulator Market Share, By Phase Type, By Value, 2017-2027F
Figure 6: India Automatic Voltage Regulator Market Share, By Application, By Value, 2017-2027F
Figure 7: India Automatic Voltage Regulator Market Share, By Sales Channel, By Value, 2017-2027F
Figure 8: India Automatic Voltage Regulator Market Share, By Region, By Value, 2017-2027F
Figure 9: India Automatic Voltage Regulator Market Share, By Company, By Value, 2021
Figure 10: India Automatic Voltage Regulator Market Map, By Type, Market Size (USD Million) & Growth Rate (%)
Figure 11: India Automatic Voltage Regulator Market Map, By kVA Rating, Market Size (USD Million) & Growth Rate (%)
Figure 12: India Automatic Voltage Regulator Market Map, By Phase Type, Market Size (USD Million) & Growth Rate (%)
Figure 13: India Automatic Voltage Regulator Market Map, By Application, Market Size (USD Million) & Growth Rate (%)
Figure 14: India Automatic Voltage Regulator Market Map, By Sales Channel, Market Size (USD Million) & Growth Rate (%)
Figure 15: India Automatic Voltage Regulator Market Map, By Region, Market Size (USD Million) & Growth Rate (%)
Figure 16: India Relay Based Automatic Voltage Regulator Market Size, By Value (USD Million), 2017-2027F
Figure 17: India Relay Based Automatic Voltage Regulator Market Size, By Volume (Thousand Units), 2017-2027F
Figure 18: India Relay Based Automatic Voltage Regulator Market Share, By kVA Rating, By Value, 2017-2027F
Figure 19: India Relay Based Automatic Voltage Regulator Market Share, By Application, By Value, 2017-2027F
Figure 20: India Relay Based Automatic Voltage Regulator Market Share, By Phase Type, By Value, 2017-2027F
Figure 21: India Servo Motor Automatic Voltage Regulator Market Size, By Value (USD Million), 2017-2027F
Figure 22: India Servo Motor Automatic Voltage Regulator Market Size, By Volume (Thousand Units), 2017-2027F
Figure 23: India Servo Motor Automatic Voltage Regulator Market Share, By kVA Rating, By Value, 2017-2027F
Figure 24: India Servo Motor Automatic Voltage Regulator Market Share, By Application, By Value, 2017-2027F
Figure 25: India Servo Motor Automatic Voltage Regulator Market Share, By Phase Type, By Value, 2017-2027F
Figure 26: India Electronic Automatic Regulators (Controllers) Import Scenario, By Value (USD Million) & By Volume (Million Units), 2017-2021 (HS Code: 90328910)
Figure 27: India Electronic Automatic Regulators (Controllers) Export Scenario, By Value (USD Million) & By Volume (Million Units), 2017-2021 (HS Code: 90328910)
Figure 28: India Other Automatic Regulating/Controlling Instruments Import Scenario, By Value (USD Million) & By Volume (Million Units), 2017-2021 (HS Code: 90328990)
Figure 29: India Other Automatic Regulating/Controlling Instruments Export Scenario, By Value (USD Million) & By Volume (Million Units), 2017-2021 (HS Code: 90328990)
Figure 30: India Non-Automatic Voltage Regulator and Stabilizer Import Scenario, By Value (USD Million) & By Volume (Million Units), 2017-2021 (HS Code: 85044040)
Figure 31: India Non-Automatic Voltage Regulator and Stabilizer Export Scenario, By Value (USD Million) & By Volume (Million Units), 2017-2021 (HS Code: 85044040)
Figure 32: India Other Static Converters Export Scenario, By Value (USD Million) & By Volume (Million Units), 2017-2021 (HS Code: 85044090)
Figure 33: India Other Static Converters Import Scenario, By Value (USD Million) & By Volume (Million Units), 2017-2021 (HS Code: 85044090)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- V-Guard Industries Ltd.
- Microtek International Private Limited
- Capri Group
- Livguard Energy Technologies Private Limited
- Servokon System Ltd
- Bluebird Power Controls Pvt. Ltd.
- Jindal Electric
- Servomax Limited
- Luminous Power Technologies Private Limited
- Fuji Electric Consul Neowatt Pvt. Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 79 |
| Published | January 2022 |
| Forecast Period | 2017 - 2027 |
| Estimated Market Value ( USD | $ 180.65 Million |
| Forecasted Market Value ( USD | $ 349.17 Million |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | India |
