India Uninterruptible Power Supply (UPS) System Market report thoroughly covers the market kVA Ratings, Phases, Applications, and Regions. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Latest 2023 Development of the India Uninterruptible Power Supply (UPS) System Market
India UPS System Market is projected to witness enormous growth in the forthcoming years. The growth of the India UPS system market is attributed to the increasing demand for uninterrupted power supply in various sectors such as Information technology, healthcare, and telecommunications sectors. The growing adoption of cloud-based services and increasing data centre investments also contribute to the demand for UPS systems in India. The India Uninterruptible Power Supply (UPS) System Industry is predicted to witness growth in the upcoming years. However, the market is highly competitive, with many domestic and international players competing for market share which makes it challenging for companies to maintain their position and endure profitability.
The demand for reliable power supply has been increasing in India due to the growth of various industries. In general, the UPS systems provide a reliable backup power source during power outages which makes them essential for businesses and households. The data centre industry is expanding rapidly in India, which is driving the demand for high-performance and reliable UPS systems. The UPS industry is evolving rapidly, with new technologies being introduced to improve the efficiency and reliability of UPS systems.
India Uninterruptible Power Supply (UPS) System Market Synopsis
India Uninterrupted Power Supply (UPS) System market growth is witnessed during the period 2018-2021 underpinned by rapid growth in the commercial sector owing to the ongoing digitization of the country. The increasing demand for uninterrupted power supply by the IT, manufacturing, healthcare, education and retail sector are the major drivers for the UPS market in India. However, the outbreak of the COVID-19 pandemic resulted in a slowdown the market growth during the year 2020 as a result of a halt in business operations, and manufacturing units and the stringent lockdown imposed in the country. The falling demand from the commercial and manufacturing sector has hampered the growth of the UPS market in the IT/ ITES, and the education sector. However, the market is expected to recover by 2022 with a gradual opening of economic activities and restart of the on-campus business operations, manufacturing sector and educational institutions.
According to the publisher, the India UPS Market size is projected to grow at a CAGR of 5.2% during 2022-2028F. Rising investment in the IT, cloud computing, data centre and manufacturing industry with the aim of making India self-reliant under the various government policies like Make in India, Digital India, and the Atmanirbhar Bharat. The increasing investment in the data centre infrastructure of India would drive the growth of the UPS market in India. The Union Cabinet passed a national policy on electronics which is expected to create a $400 billion manufacturing industry by 2025 in India. Various upcoming projects like setting up of data centres by Amazon, Oracle, Nxtra, Digital Reality and the manufacturing units of the joint venture of the Oricon Enterprises and TecnoCap group and many more would propel the demand for Uninterrupted Power Supply Systems in India over the years to come.
Market by Regions Analysis
The UPS market is anticipated to grow at a healthier rate in the southern region of the country. Several new data centres are to be set up in the coming years in the southern region and the growing IT sector will add to the growth of the UPS market there.
Market by Applications Analysis
In India, the IT sector has accounted for the majority of the market revenue share in 2021 and the segment is expected to dominate the overall market in the forecast period as well since the uninterrupted power supply is the foremost demand for IT companies for continuous business operations. The commercial, hospitality and manufacturing sectors are the key verticals generating a major chunk of demand for the UPS System market in India.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2018 to 2021.
- Base Year: 2021
- Forecast Data until 2028.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- India Uninterruptible Power Supply (UPS) System Market Overview
- India Uninterruptible Power Supply (UPS) System Market Outlook
- India Uninterruptible Power Supply (UPS) System Market Forecast
- India Uninterruptible Power Supply (UPS) System Market Revenue Share, By kVA Ratings, 2021 & 2028F
- India Uninterruptible Power Supply (UPS) System Market Revenue Share, By Applications, 2021 & 2028F
- Market Drivers and Restraints
- India Uninterruptible Power Supply (UPS) System Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- India Uninterruptible Power Supply (UPS) System Market - Impact Analysis of COVID-19
- Market Opportunity Assessment
- India Uninterruptible Power Supply (UPS) System Market Revenue Ranking, By Company
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By kVA Ratings
- Below 1kVA
- 1.1-5kVA
- 5.1-20kVA
- 20.1-50kVA
- 50.1-200kVA
- Above 200kVA
By Phases
- 1 - Phase
- 3 - Phase
By Applications
- Commercial
- Residential
- Industrial
By Region
- Northern
- Eastern
- Western
- Southern
Table of Contents
1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights of The Report
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. India Uninterruptible power supply (UPS) System Market Overview
3.1. India Uninterruptible power supply (UPS) System Market Revenues & Volume, 2018-2028F
3.2. India Uninterruptible power supply (UPS) System Market - Industry Life Cycle, 2021
3.3. India Uninterruptible power supply (UPS) System Market - Porter’s Five Forces
4. India Uninterruptible Power Supply (UPS) System Market COVID-19 Impact
5. India Uninterruptible power supply (UPS) System Market Dynamics
5.1. Impact Analysis
5.2. Market Drivers
5.3. Market Restraints
6. India Uninterruptible power supply (UPS) System Market Trends
7. India Uninterruptible Power Supply (UPS) System Market Overview, By kVA Rating
7.1. India Uninterruptible power supply (UPS) System Market Revenues Share, By kVA Ratings, 2021 & 2028F
7.2. India Uninterruptible power supply (UPS) System Market Revenues, By kVA Ratings, 2021 & 2028F
7.2.1. India Uninterruptible Power Supply (UPS) System Market Revenues, By Below 1 kVA, 2018-2028F
7.2.2. India Uninterruptible Power Supply (UPS) System Market Revenues, By 1.1-5 kVA, 2018-2028F
7.2.3. India Uninterruptible Power Supply (UPS) System Market Revenues, By 5.1-20 kVA, 2018-2028F
7.2.4. India Uninterruptible Power Supply (UPS) System Market Revenues, By 20.1-50 kVA, 2018-2028F
7.2.5. India Uninterruptible Power Supply (UPS) System Market Revenues, By 50.1-200 kVA, 2018-2028F
7.2.6. India Uninterruptible Power Supply (UPS) System Market Revenues, By Above 200 kVA, 2018-2028F
7.3. India Uninterruptible Power Supply (UPS) System Market Volume Share, By kVA Rating, 2021 & 2028F
7.4 India Uninterruptible Power Supply (UPS) System Market Volume, By kVA Rating
7.4.1. India Uninterruptible Power Supply (UPS) System Market Volume, By Below 1 kVA, 2018-2028F
7.4.2. India Uninterruptible Power Supply (UPS) System Market Volume, By 1.1-5 kVA, 2018-2028F
7.4.3. India Uninterruptible Power Supply (UPS) System Market Volume, By 5.1-20 kVA, 2018-2028F
7.4.4. India Uninterruptible Power Supply (UPS) System Market Volume, By 20.1-50 kVA, 2018-2028F
7.4.5. India Uninterruptible Power Supply (UPS) System Market Volume, By 50.1-200 kVA, 2018-2028F
7.4.6. India Uninterruptible Power Supply (UPS) System Market Volume, By Above 200 kVA, 2018-2028F
8. India Uninterruptible Power Supply (UPS) System Market Overview, By Phases
8.1 India Uninterruptible Power Supply (UPS) System Market Revenue Share and Revenues, By Phases, 2018-2028F
8.1.1. India Uninterruptible Power Supply (UPS) System Market Revenues, By 1-Phase, 2018-2028F
8.1.2. India Uninterruptible Power Supply (UPS) System Market Revenues, By 3-Phase, 2018-2028F
9. India Uninterruptible Power Supply (UPS) System Market Overview, By Applications
9.1 India Uninterruptible Power Supply (UPS) System Market Revenue Share and Revenues, By Applications, 2018-2028F
9.1.1. India Uninterruptible Power Supply (UPS) System Market Revenues, By Commercial Application, 2018-2028F
9.1.2. India Uninterruptible Power Supply (UPS) System Market Revenues, By Industrial Application, 2018-2028F
9.1.3. India Uninterruptible Power Supply (UPS) System Market Revenues, By Residential Application, 2018-2028F
10. India Uninterruptible Power Supply (UPS) System Market Overview, By Regions
10.1 India Uninterruptible Power Supply (UPS) System Market Revenue Share and Revenues, By Regions, 2018-2028F
10.1.1. India Uninterruptible Power Supply (UPS) System Market Revenues, By Northern Region, 2018-2028F
10.1.2. India Uninterruptible Power Supply (UPS) System Market Revenues, By Western Region, 2018-2028F
10.1.3. India Uninterruptible Power Supply (UPS) System Market Revenues, By Southern Region, 2018-2028F
10.1.4. India Uninterruptible Power Supply (UPS) System Market Revenues, By Eastern Region, 2018-2028F
11. India Uninterruptible Power Supply (UPS) System Market Key Performance Indicators
12. India Uninterruptible Power Supply (UPS) System Market Opportunity Assessment
12.1. India Uninterruptible power supply (UPS) System Market Opportunity Assessment, By kVA Ratings, 2028F
12.2. India Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By Phases, 2026F
12.3. India Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By Applications, 2026F
12.4. India Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By Regions, 2026F
13. India Uninterruptible Power Supply (UPS) System Market Competitive Landscape
13.1. India Uninterruptible Power Supply (UPS) System Market Revenue Ranking, By Companies, 2021
13.2. India Uninterruptible Power Supply (UPS) System Market Competitive Benchmarking, By Technical and Operating Parameters
14. Company Profiles
14.1. Schneider Electric India
14.2. Fuji Electric India Pvt. Ltd.
14.3. Delta Power Solutions India Pvt Ltd
14.4. Eaton Power Quality Pvt Ltd.
14.5. Hitach Hi-rel Power Electronics Pvt Ltd
14.6. Vertiv Energy Pvt. Ltd.
14.7. Microtek International Pvt Ltd.
14.8. Novateur Electrical & Digital System Pvt Ltd
14.9. Socomec Innovative Power Solutions Pvt. Ltd.
14.10. Switching AVO Electro Power Ltd.
15. Key Strategic Recommendations
16. Disclaimer
List of Figures
Figure 1. India Uninterruptible Power Supply (UPS) System Market Revenues & Volume, 2018-2028F (INR Crores, Thousand Units)
Figure 2. Share of Industrial Sector in Total Electricity Consumption in India, FY’16-FY’20
Figure 3. India Manufacturing Sector Market Size, Q1 2020-Q1 2022, ($ Billion)
Figure 4. Lead Prices in India, July 2021-April 2022, (INR/ KG)
Figure 5. India Uninterruptible Power Supply (UPS) System Market Revenue Share, By kVA Rating, 2021 & 2028F
Figure 6. India Uninterruptible Power Supply (UPS) System Market Volume Share, By kVA Rating, 2021 & 2028F
Figure 7. India Uninterruptible Power Supply (UPS) System Market Revenue Share, By Phases, 2021 & 2028F
Figure 8. India Uninterruptible Power Supply (UPS) System Market Revenue Share, By Application, 2021 & 2028F
Figure 9. India Uninterruptible Power Supply (UPS) System Market Revenue Share, By Regions, 2021 & 2028F
Figure 10. India IT Sector Market Size, FY 2021- FY 2026 ($ Billion)
Figure 11. Demand for Commercial Space in Top 8 Cities in India, 2016-2022E (Million Sq. Ft)
Figure 12. Top 5 IT states in India
Figure 13. India Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By kVA Rating, 2028F
Figure 14. India Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By Phases, 2028F
Figure 15. India Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By Application, 2028F
Figure 16. India Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By Regions, 2028F
Figure 17. India Uninterruptible Power Supply (UPS) System Market Revenue Ranking, By Companies, 2021
List of tables
Table 1. India Uninterruptible Power Supply (UPS) System Market Revenues, By kVA Rating, 2018-2028F (INR Crores)
Table 2. India Uninterruptible Power Supply (UPS) System Market Volume, By kVA Rating, 2018-2028F (Thousand Units)
Table 3. India Uninterruptible Power Supply (UPS) System Market Revenues, By Phases, 2018-2028F (INR Crores)
Table 4. India Uninterruptible Power Supply (UPS) System Market Revenues, By Applications, 2018-2028F (INR Crores)
Table 5. India Uninterruptible Power Supply (UPS) System Market Revenues, By Regions, 2018-2028F (INR Crores)
Table 6. India IT Spending, 2021-2022E ($ Million)
Table 7. Top 5 Cities Office Leasing, January-June, 2021-2022 (Million Sq. Ft)
Table 8. Number of Data Centers present in India
Companies Mentioned
- Schneider Electric India
- Fuji Electric India Pvt. Ltd.
- Delta Power Solutions India Pvt Ltd
- Eaton Power Quality Pvt Ltd.
- Hitach Hi-rel Power Electronics Pvt Ltd
- Vertiv Energy Pvt. Ltd.
- Microtek International Pvt Ltd.
- Novateur Electrical & Digital System Pvt Ltd
- Socomec Innovative Power Solutions Pvt. Ltd.
- Switching AVO Electro Power Ltd.
