India Power Inverter Market Outlook, 2023 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "India
Power Inverter Market Outlook, 2023" report has been added to ResearchAndMarkets.com's
offering.

According to the report, the Indian power inverter market is expected to
register a CAGR of more than 9% in forecasted period 2018-2023. Square
wave power inverter is the dominant segment in power inverter market
followed by modified/quasi and pure sine wave power inverter.

Market is driven by constant power shortage, technological advancement,
increase smart homes in tier-1 cities and customization of power
inverter system. A pure sine wave system offering high efficiency rates
is emerging. It is expected the market will be driven by pure sine wave
systems during the forecast period. Square and modified power inverter
market contributes more than 70% market share in 2017. There is strong
demand of power inverter market from Tier II and Tier III cities.

The power inverters market in India is fragmented and there exist a
large number of small unorganised players manufacturing sub-standard and
local inverters. Currently, the share of unorganised players in the
market is more than 15% w.r.t total revenue generated by inverter
market, and this share is on a declining trend since consumers are
becoming more conscious in terms of quality of products as well as the
brands.

Key Topics Covered

1. Executive Summary

2. Global Power Inverter Market Outlook

3. India Power Inverter Market Outlook

4. Production Process

5. India Consumption of Electricity (CEA)

6. India Economic Snapshot

7. Raw Material

8. Certifications

9. Market Penetration

10. PEST Analysis

11. Trade Dynamics

12. Market Dynamics

13. Market Trends and Developments

14. Competitive Landscape

• Luminous Power Technologies Private Limited
• Su-Kam Power Systems Limited
• Microtek International Private Limited
• Genus Innovation Limited
• Consul Neowatt Power Solutions Private Limited
• Swelect Energy Systems Limited
• Tritronics India Private Limited
• True Power International Limited
• Uniline Energy Systems Private Limited
• Arise India Limited

For more information about this report visit https://www.researchandmarkets.com/research/vvl3ng/india_power?w=4

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