India UPS Market to Cross Billion Dollar Mark by 2022
According to TechSci Research report “India UPS Market By Type, By Application, By Rating, Competition Forecast & Opportunities,2012 – 2022”, the
country’s UPS market is projected to surpass $ 1 billion by 2022, on account of
growing usage of UPS systems as a power backup
source for the smooth functioning of enterprises in IT/ITES, BFSI and other
sectors. In 2016, Schneider
Electric and Numeric Power Systems Limited accounted for more than 30% share in
India UPS market, and both of these players are expected to maintain their
market dominance during the forecast period as well. High product quality,
strong distribution channel and better after sales services are expected to
further strengthen the market position of these companies over the course of
next five years.
Browse 15 market data
Tables and 44 Figures spread through 105
Pages and an in-depth TOC on "India UPS Market" https://www.techsciresearch.com/report/india-ups-market/1502.html
Increasing penetration of UPS systems in non-metro cities due to growing
industrial and commercial infrastructure in Tier II and Tier III cities,
expanding commercial sector and availability of customized power solutions are
some of the other factors anticipated to spur growth in India UPS market in the
coming years. Southern and western regions are the major demand generating regions
in the country’s UPS market, primarily owing to the presence of a large number
of industries, manufacturing plants, and IT/ITES and BFSI companies in these
regions. Owing to the ease of availability, low cost and wide usage across
various sectors, less than 5 kVA UPS segment accounted for the largest share in
India UPS market in 2016.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1502
Customers can also request for 10% free customization
on this report.
“By 2022, installed solar capacity in India is expected
to reach 100,000 MW. The anticipated increase in solar capacity coupled with government
initiatives such as Make in India and Digital India are expected to boost demand
for UPS systems in India over the next five years. Moreover, huge investments
and developments in IT/ITES, BFSI, education, healthcare, retail and
residential sectors would have a positive impact on the country’s UPS market during
the forecast period”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“India UPS Market By Type, By Application, By Rating, Competition Forecast &
Opportunities, 2012 – 2022” has
evaluated the future growth potential of India UPS market and provides
statistics and information on market size, structure and trends. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities in India UPS market.
About TechSci Research
TechSci Research is a leading global market research firm publishing
premium market research reports. Serving 700 global clients with more than 600
premium market research studies, TechSci Research is serving clients across 11
different industrial verticals. TechSci Research specializes in research based
consulting assignments in high growth and emerging markets, leading
technologies and niche applications. Our workforce of more than 100 fulltime
Analysts and Consultants employing innovative research solutions and tracking
global and country specific high growth markets helps TechSci clients to lead
rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]