India UPS Market Forecast and Opportunities, 2020
The demand for power has been increasing at an exponential rate in India over the last decade. However, power quality has continued to remain a cause of concern. Further, the widening gap between demand and supply of electricity is becoming a challenge foster India’s growth. The combination of these inefficiencies in the country’s power infrastructure continues to drive the UPS market in India. Growing demand from diverse sectors such as IT and IT enabled services (ITeS); banking, financial services and insurance (BFSI); government, manufacturing, telecom and energy sectors continues to drive the UPS market in India. Government’s initiative to computerize its various departments coupled with ‘The National e-Governance Plan’ is expected to boost the demand for low-end UPS systems through 2020.
According to “India UPS Market Forecast & Opportunities, 2020”, the market for UPS systems in India is projected to surpass USD1.2 billion by 2020. Desktop computers have been the major demand drivers for India’s UPS market in volume terms over the last decade. Though the use of desktop computers is now shrinking as users are increasingly opting for laptops and tablet PCs, but still they continue to account for most of the sales in <1kVA UPS segment. Increasing demand for high-end UPS is expected to emanate from growing installations of high-end electronic equipment and machineries in industrial set-ups. Increasing penetration of IT / ITES sector in Tier-II & Tier II cities of the country is also anticipated to boost the demand for UPS systems in the coming years. “India UPS Market Forecast & Opportunities, 2020” elaborates following particulars and the UPS market in India:
• India UPS Systems Market Size, Share & Forecast
• Segmental Analysis – Low, Medium & High End UPS Systems
• Policy & Regulatory Landscape
• Changing Market Trends & Emerging Opportunities
• Competitive Landscape & Strategic Recommendations
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