Power Backup Market In India (2018-2023) with data on Product Segments (Diesel Generator, UPS and Inverter)

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20% Multi User
25% Corporate
30% Enterprise
  • 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

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  • With tables and figures helping analyze worldwide Power Backup market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    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.

     

  • The Power Backup Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
        By Type:
          By Application:
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          Research objectives

          Where will all these developments take the industry in the long

          To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

          What are the future opportunities in the market?

          To understand the structure of Market by identifying its various subsegments.

          What are the major driving forces expected to impact the development of the market market across different regions?

          To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

          Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

          To project the consumption of market submarkets, with respect to key regions.

          Who are the major driving forces expected to decide the fate of the industry worldwide.

          To strategically profile the key players and comprehensively analyze their growth strategies.

          What are the key barriers and threats believed to hinder the development of the industry?

          To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

          Who are the prominent market players making a mark in the market with their winning strategies?

          To share detailed information about the key factors influencing the growth of the market

          What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

          Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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