BlueWeave Consulting India UPS Market Expected to Grow with a CAGR of o

India UPS Market Expected to Grow with a CAGR of over 8% by 2025 –
Industry Analysis By Top Key Players Eaton, Emerson, Hitachi,
Microtek, Neowatt, Novateur Electrical & Digital Systems
According to a new market report published by BlueWeave Consulting, The India UPS Market is
expected to expand at a CAGR of over 8% from 2018 to 2025, end of the forecast period.
Growing Demand from IT / ITeS and BFSI sectors coupled with prevailing power deficit scenario in the
country is driving the Indian UPS market.
Sample copy of Study Report on Keyword Market is Available: https://bit.ly/2Sj9dne
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 2025. 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 being a power deficit nation has a large market for power backup products. There has been a
growing trend in recognizing UPS systems as an essential power backup device as nearly every
organization today uses computers to smoothen their workflows. E-Commerce, data centers, servers,
and electronic & medical equipment need high level of uninterrupted power supply and thus generating
significant demand for high power range of UPS systems in India. Therefore, Indian UPS market is
expected to witness double-digit growth in the coming years.
India UPS Market: Scope of the Report
The India UPS Market is segmented on the basis of technology and application. Based on product type,
the market is segmented into Online, Offline/Standby & Line Interactive. On the basis of application, the
market is segmented into Commercial, Industrial and Residential. And On the basis of rating, the market
is segmented into less than 5kVA, 5.1 kVA-50.1kVA, 50 kVA-200kVA and more than 200kVA.
View a detailed Table of Content of India UPS Market: https://bit.ly/2M8wVjH