Indian UPS systems market (upto 100 KVA) is projected to grow at a CAGR of 11% in value terms during 2014-2018, says RNCOS in its latest research report.
Online PR News – 23-July-2014 – NOIDA/UP – With changing customer behavior in the country, there is a greater demand for more apt products customized as per requirement. The shifting customers’ focus onto end solutions encompassing power backup solutions and gradual stability in demand from non-core sectors are observed as determinants of the growth of UPS market.Customers are increasingly looking for higher back up time with the need to be increasingly connected uninterruptedly over a long time. Therefore, most of the innovations that are happening are focused on increasing efficiency. This helps in saving power and the environment too.
In their latest research study, “India UPS Market Outlook 2018”, RNCOS analysts identified that UPS market is witnessing tremendous growth with growing demand for power back-up systems in the country. In 2013, the Indian UPS market revenue grew 10.9% compared to the previous year. Further, the Indian UPS systems market (upto 100 KVA) is anticipated to grow at a CAGR of 11% in value terms during 2014-2018.
The report covers the detailed analysis of UPS systems market with recent developments and trends. We have studied the UPS market performance both in value and volume terms. The Indian UPS market has been largely dependent low range (upto 25 KVA) accounting for more than half of the total UPS market. However, this trend is set to change as there has been growing application of UPS systems in industrial sector. Our report covers the detail of UPS market by segments and by sectors as well. Besides this, we have found out the UPS market potential in various regions of the country.
Moreover, the manufacturing cost analysis done in the report revealed that manufacturing cost of a UPS mainly accounts from core components like transformer and IGBT. Similarly, the report covers the capital expenditure analysis and operating cost analysis for different range of UPS systems which provides the detailed insight about the UPS systems.
With the industry’s immense growth potential, our study foresees huge opportunities for both existing and new market players. Our report also includes the profiles of key industry players, like Numeric UPS, Su-Kam Power Systems, Microtek International, Hitachi HI-REL Power Electronics, Consul Consolidated, Delta Power Solutions, American Power Conversion Corporation, Luminous Power Technologies, among others. Overall, the objective of the study is to help clients understand the prospects of the industry, and make sound investment decisions in view of those.
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