India Inverter Market By Type (Pure Sine Wave, Modified Sine Wave, and Square Wave), By Application (Residential, Commercial, and Industrial), By Capacity (Up to 2 kVA, 2-10 kVA, and Above 10 kVA), Competition Forecast & Opportunities, 2013-2023

According to “India Inverter Market By Type, By Application, By Capacity, Competition Forecast & Opportunities, 2013-2023” inverter market is forecast to surpass $ 694 million by 2023 in India. Anticipated growth in the market can be attributed to increasing demand for power backup solutions across residential, commercial as well as industrial sectors. Moreover, government’s initiatives to improve electrification rate in India coupled with technological developments is further expected to positively influence India inverter market in the coming years. Rising demand from tier 2 and tier 3 cities is expected to further steer growth in India inverter market over the course of next five years. Few of the major players operating in India inverter market include Luminous Power Technologies Pvt. Ltd., V-Guard Industries, Microtek International Private Limited, Su-Kam Power Systems Limited, Exide Industries Limited, Amara Raja Batteries Limited, Genus Innovation Limited, Arise India Limited, Consul Neowatt Power Solutions Private Limited, and Uniline Energy Systems Private Limited.

“India Inverter Market By Type, By Application, By Capacity, Competition Forecast & Opportunities, 2013-2023” discusses the following aspects of inverter market in India:

• Inverter Market Size, Share & Forecast


• Segmental Analysis - By Type (Pure Sine Wave, Modified Sine Wave, and Square Wave), By Application (Residential, Commercial, and Industrial), By Capacity (Up to 2 kVA, 2-10 kVA, and Above 10 kVA)


• Competitive Analysis


• Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?

• To gain an in-depth understanding of inverter market in India


• To identify the on-going trends and anticipated growth in the next five years


• To help industry consultants, inverter distributors and other stakeholders align their market-centric strategies


• To obtain research-based business decisions and add weight to presentations and marketing material


• To gain competitive knowledge of leading market players


• To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interaction with inverter distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.