15th September 2016 – Navi Mumbai, India: Market Report on India present the latest report on “UPS Market in India”, this report identify the on-going trends and anticipated growth in the coming years.
With continuing growth being witnessed across all the sectors, demand for uninterrupted power is growing in India. Despite various government efforts towards increasing power generation over the last decade, there is still a huge mismatch between power supply and demand. Poor power infrastructure and high transmission losses are anticipated to drive demand for UPS systems in India over the course of next five years. Rising need for continuous and smooth power supply in various end use sectors including residential, commercial and industrial, provides huge growth opportunity for UPS manufacturers in India. In particular, growing demand from IT/ ITeS, BFSI, government sector, manufacturing, telecom and energy sectors is expected to drive UPS market in India in the coming years.
“India UPS Market By Application Sector, By kVA, Competition Forecast and Opportunities, 2011 - 2021”, the UPS market in India is projected to reach $1.2 billion by 2021. Commercial sector dominated India UPS market in 2015, and the sector is forecast to continue its dominance during the forecast period. Continuing dominance of the commercial sector can be attributed to rapid expansion in IT/ITeS industry, which is the major demand generator for UPS systems in the country. In 2015, Emerson Network Power grabbed the largest share in the country’s UPS market, with APC Schneider Electric, Numeric and Microtek being the other major market players. Region wise, South India garnered the largest share in the country’s UPS market in 2015, followed by West, North and East regions. “India UPS Market By Application Sector, By kVA, Competition Forecast and Opportunities, 2011 - 2021” report elaborates following aspects related to the UPS market in India: