Power Backup Market in India (2018-2023)

The power backup market in India is expected to grow to INR 504.66 billion by 2023, expanding at a compound annual growth rate (CAGR) of 11.28% during 2018-2023. The market in India is characterized by the dominant presence of the unorganized sector, even though there's hardly enough difference between the price point at which products from the organized and unorganized sectors sell. This is due to the fact that customers are becoming increasingly conscious about what they are buying, the quality, reliability and the impact of the product on its immediate surroundings.

Product Segment Insights:

1. Diesel Generator: The diesel generator market is anticipated to expand at a CAGR of 8.1%. The telecom industry is the key driver for diesel generators, occupying more than 40% of the installed base. The construction and hospitality industries come next in line. For businesses such as financial services where power outages can lead to wide-scale disruptions in the enterprise-wide management services, relying on uninterrupted power to run critical information systems has become mandatory.

2. UPS: The UPS market is expected to expand to INR 99.83 Bn in 2023, at a CAGR of 11.97%. Growing investments in IT and the rapid development of the IT sector have contributed to the boom in the UPS market. Increasing consciousness about the need to protect important data is benefiting the market. Domestic manufacturers are expected to witness stiff competition from foreign players. Manufacturers operating in the industry are emerging as a complete solution provider rather than mere suppliers.

3. Inverter: The inverter market is expected to expand to INR 277.83 Bn in 2023, at a CAGR of 9.33%. Growth in the inverter market can be attributed to the demand for power backup solutions across residential, commercial as well as industrial sectors. Moreover, the government's initiatives to expand electrification rate in India coupled with technological developments is further expected to influence Indian inverter market in the coming years positively.

Companies Covered

1. Cummins India Limited
2. Su-Kam Power System Limited
3. Exide Industries Limited
4. Honda Siel Power Products Limited
5. Mahindra & Mahindra Limited
6. Kirloskar Oil Engines Limited
7. Amara Raja Batteries Limited
8. Microtek International Pvt. Ltd.
9. Luminous Power Technologies
10. Ashok Leyland

Customisation Available
Netscribes also offers customised market reports based on your specific needs. Write to us at [email protected]
Chapter 1: Executive summary

1.1. Key questions answered
1.2. Power backup market : definition and structure
1.3. Executive summary

Chapter 2: Power backup market in India - Overview

2.1. India market overview - historical (2015-2017) and forecasted (2018-2023) market size (INR Bn), geography wise market revenue (INR Bn), and market attractiveness analysis
2.2. Market drivers
2.3. Market challenges
2.4. Market trends
2.5. Value chain analysis
2.6. Porter's Five Forces analysis

Chapter 3: Power backup market in India - Diesel generator

3.1. Diesel generator market overview - historical (2015-2017) and forecasted (2018-2023) market size (INR Bn), and key market observations
3.2. Market segmentation - by type (15-30 KVA, 40-82.5 KVA, 82.5-125 KVA, 125-250 KVA) - historical (2015-2017) and forecasted (2018-2023) market size (INR Bn), and key market observations
3.3. Market segmentation - by end user-wise segmentation of 15-250 KVA (construction, infrastructure, rental, schools, banks, ATMs, fisheries, telecom, hospitality, commercial, complex, residential, small restaurants, manufacturing/industries (mining, glass, tyre etc.) - historical (2015-2017) and forecasted (2018-2023) market size (INR Bn), and key market observations
3.4. Market segmentation - by region (north, east, west, and south) historical (2015-2017) and forecasted (2018-2023) market size (INR Bn), and key market observations

Chapter 4: Power backup market in India - Uninterruptible power supply (UPS)

4.1. UPS market overview - historical (2015-2017) and forecasted (2018-2023) market size (INR Bn), and key market observations
4.2. Market segmentation - by type (organized and unorganized) - historical (2015-2017) and forecasted (2018-2023) market size (INR Bn), and key market observations
4.3. Market segmentation - by end user (government, BFSI (banking, financial services and insurance), others (others refers to sectors apart from Government and BFSI)) - historical (2015-2017) and forecasted (2018-2023) market size (INR Bn), and key market observations
4.4. Market segmentation - by region (north, east, west, and south) historical (2015-2017) and forecasted (2018-2023) market size (INR Bn), and key market observations

Chapter 5: Power backup market in India - Inverter

5.1. Inverter market overview - historical (2015-2017) and forecasted (2018-2023) market size (INR Bn), and key market observations
5.2. Market segmentation - by type (Mid-end (2.5 KVA and 3.5 KVA and High-end (above 5 KVA)) - historical (2015-2017) and forecasted (2018-2023) market size (INR Bn), and key market observations

Chapter 6: Competitive landscape

6.1. Cummins India Limited
6.2. Su-Kam Power System Limited
6.3. Exide Industries Limited
6.4. Honda Siel Power Products Limited
6.5. Mahindra & Mahindra Limited
6.6. Kirloskar Oil Engines Limited
6.7. Amara Raja Batteries Limited
6.8. Microtek International Pvt. Ltd.
6.9. Luminous Power Technologies
6.10. Ashok Leyland

Chapter 7: Conclusion
7.1. Future Outlook

Appendix
1. List of tables
2. Research methodology
3. Assumptions
4. About Netscribes, Inc.

Global Mycotoxin Testing Market Research Report 2019-2023

Published Date : Oct 2019

The market is driven by factors such as humid atmospheric conditions leading to increase in mycotoxins production in food & feed products, implementation of stringent food safety regulations, international trade mandates, growing health concern among consumers, consumer complaints. In the context of...

Global Infrared Thermal Imager Market Research Report 2019-2023

Published Date : Oct 2019

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Infrared Thermal Imager Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major ...

Global Infrared Telescope Market Research Report 2019-2023

Published Date : Oct 2019

An infrared telescope is a telescope that uses infrared light to detect celestial bodies. Infrared light is one of several types of radiation present in the electromagnetic spectrum. All celestial objects with a temperature above absolute zero emit some form of electromagnetic radiation. In the cont...

Global Night Vision Device Market Research Report 2019-2023

Published Date : Oct 2019

The factors driving the night vision device market are technological innovation, increase in armed conflicts, and civil & commercial applications of NVD. North American market is currently witnessing significant increase in the consumption of night vision devices. In the co...

Global 3D Printed Eyewea Market Research Report 2019-2023

Published Date : Oct 2019

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. 3D Printed Eyewea Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major region...

Global Local Anesthesia Drugs Market Research Report 2019-2023

Published Date : Oct 2019

Local anesthetics are commonly used in the department of stomatology, ophthalmology, gynecology and some minor surgeries to temporarily relieve pain. The fundamental difference between local anaesthesia and general anaesthesia lies in that after the combination of local anaesthesia with some specifi...

Global Infection Prevention Products Market Research Report 2019-2023

Published Date : Oct 2019

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Infection Prevention Products Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's ...

Global High Temperature Shift Catalysts Market Research Report 2019-2023

Published Date : Oct 2019

High Temperature Shift Catalysts are used to promote the conversion of CO with steam to form H2 and CO2 in ammonia synthesis plants or hydrogen-producing devices. The product is used for both radial and axial high temperature shifting converter. In the context of China-US trade war and global econom...

Global Milk Protein Fiber Market Research Report 2019-2023

Published Date : Oct 2019

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Milk Protein Fiber Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regio...

Global Extruded Polylactic Acid Fiber Market Research Report 2019-2023

Published Date : Oct 2019

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Extruded Polylactic Acid Fiber Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's...

 

Select License :

  • Single User : $950

Happy To Assist You

Assist you at Worldwide Market Reports

We will be happy to help you find what you need. Please call us or write to us:

Worldwide Market Reports Benefits

Custom Research Solution

Talk to our research consultant to design an exclusive report as per your research needs.

Customer Fulfilment

We aim to fulfil client's research demands with tailored research solutions.

Quick Turnaround Time Reports

We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

360-degree Approach

We cover each industry from supply and demand side with an aim to provide a most holistic research study.