Market Size of India Uninterruptible Power Supply (UPS) Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 2.70 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
India Uninterruptible Power Supply (UPS) Market Analysis
The Indian uninterruptible power supply (UPS) market is expected to register a CAGR of about 2.7% during the forecast period.
The market was moderately impacted by COVID-19 in 2020. Now the market has reached pre-pandemic levels.
- Over the short term, the major driving factor of the market is expected to be the increasing demand for uninterrupted power supply, primarily from end-users such as manufacturing and commercial.
- On the flip side, the high capital cost and operational expenditure are expected to slow down the growth of the market during the forecast period.
- The technological advancements in UPS systems, like artificial intelligence, machine learning, IoT, etc., are expected to create immense opportunities for the market studied.
India Uninterruptible Power Supply (UPS) Industry Segmentation
An uninterruptible power supply (UPS) is a power quality device that provides continuous and stable power to a critical system load. The device prevents prospective incoming power quality issues from the distribution system, such as interruptions, voltage sags, swells, harmonics, and noise that disrupts the performance of sensitive electronic components and other electrical equipment. It protects equipment susceptible to power quality fluctuations from interruptions and isolates the critical load from power quality issues in the incoming supply.
The Indian uninterruptible power supply (UPS) market is segmented by capacity, type, and application. By capacity, the market is segmented into less than 10 kVA, 10-100 kVA, and above 100 kVA. The market is segmented by type into standby UPS systems, online UPS systems, and line-interactive UPS systems. By application, the market is segmented into data centers, telecommunications, healthcare (hospitals, clinics, etc.), industrial, and other applications. For each segment, the market sizing and forecasts are provided based on revenue (USD million).
| By Capacity | |
| Less than 10 kVA | |
| 10-100 kVA | |
| Above 100kVA |
| By Type | |
| Standby UPS System | |
| Online UPS System | |
| Line-interactive UPS System |
| By Application | |
| Data Centers | |
| Telecommunications | |
| Healthcare (Hospitals, Clinics, etc.) | |
| Industrial | |
| Other Applications |
India Uninterruptible Power Supply (UPS) Market Size Summary
The Indian uninterruptible power supply (UPS) market is poised for growth, driven by the increasing demand for reliable power solutions, particularly from sectors like manufacturing and commercial enterprises. The market has rebounded to pre-pandemic levels after a moderate impact from COVID-19. Technological advancements, such as the integration of artificial intelligence, machine learning, and IoT, are expected to open new avenues for growth. However, the high capital and operational costs associated with UPS systems pose challenges to market expansion. Despite these challenges, the rising number of data centers and the shift towards cloud-based networks are anticipated to bolster the demand for UPS systems, as these facilities require uninterrupted power to maintain data integrity and operational continuity.
The market landscape is characterized by significant investments in data center development, with major companies like Cisco and Adani Group expanding their presence in India. These developments are expected to drive the demand for UPS systems, as data centers rely on these solutions to ensure seamless operations. However, the high initial investment and ongoing maintenance costs of UPS systems, along with their energy consumption, may limit market growth. The Indian UPS market remains moderately fragmented, with key players such as Eaton Corporation, Riello Elettronica, Emerson Electric, Delta Electronics, and ABB Ltd. actively participating in the market. Innovations, such as solar-powered UPS systems, are also emerging as potential alternatives to traditional power solutions, further shaping the market dynamics.
India Uninterruptible Power Supply (UPS) Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD million, till 2027
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Market Drivers
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1.5.2 Market Restraints
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1.6 Supply Chain Analysis
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1.7 PESTLE Analysis
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2. MARKET SEGMENTATION
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2.1 By Capacity
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2.1.1 Less than 10 kVA
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2.1.2 10-100 kVA
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2.1.3 Above 100kVA
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2.2 By Type
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2.2.1 Standby UPS System
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2.2.2 Online UPS System
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2.2.3 Line-interactive UPS System
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2.3 By Application
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2.3.1 Data Centers
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2.3.2 Telecommunications
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2.3.3 Healthcare (Hospitals, Clinics, etc.)
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2.3.4 Industrial
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2.3.5 Other Applications
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India Uninterruptible Power Supply (UPS) Market Size FAQs
What is the current India Uninterruptible Power Supply (UPS) Market size?
The India Uninterruptible Power Supply (UPS) Market is projected to register a CAGR of 2.70% during the forecast period (2024-2029)
Who are the key players in India Uninterruptible Power Supply (UPS) Market?
Riello Elettronica SpA, EATON Corporation PLC, Emerson Electric Co., Delta Electronics Inc. and ABB Ltd are the major companies operating in the India Uninterruptible Power Supply (UPS) Market.
