India Uninterruptable Power Supply (UPS) Market Overview 2018-2023 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "India
Uninterruptable Power Supply (UPS) Market Overview, 2018-2023"
report has been added to ResearchAndMarkets.com's
offering.
With the Make in India initiative, more foreign companies have entered
in India. The pricing strategy of foreign companies is to manufacture
locally in India, and supply at Chinese prices to capture the market.
Government support for foreign brand is helping them to gradually invade
India UPS market.
According to the report, the UPS solution is ever increasing due to the
rising demand for electricity amongst consumers and enterprises as well
as the need for quality power. The India UPS industry has seen much
interest from international players, while some big foreign names are
operating through wholly owned Indian subsidiaries; there are several
others that have chosen the inorganic route to gain entry into the
market.
China as a nation is a worldwide center for most items (of even MNC
brands) that one can envision today. With a few remote brands getting
their items made in China for worldwide appropriation, China is and will
keep on being the pioneer in assembling volumes and costs. Additionally,
China being such a tremendous assembling center, the hardware segments
are accessible to them at low costs and their assembling ecosystem is
superb.
India and the normal Indian producer with the assets accessible to them
will think that it's exceptionally hard to coordinate Chinese costs in
the mass market items. The significant difficulties that UPS makers
confront are the minimal effort imports from China and Taiwan, and
additionally expanding raw material costs. As end clients have
particular applications and diverse necessities, it is vital for
providers to offer redid answers for survive and manage high development
in this furiously aggressive market. Shoddy imports from China and
Taiwan, paralleled by mounting raw material costs, will posture
noteworthy difficulties to Indian UPS manufacturers. The expansion in
battery costs, combined with rising labour costs, has brought about UPS
providers attempting to keep up their edges.
The main drawback for Indian companies to make UPS in India is the lack
of technology. 80-90% of High frequency UPS selling in India is imported
not manufactured. Even though there are more than 800 UPS companies in
India, no one has the right technology. To support Indian UPS
Manufacturer, the government should have to source or develop indigenous
high frequency technology and provide this to all UPS manufacturers.
This will strengthen the UPS manufacturer in India and to stop cheap
imports and price war in between foreign and local players.
Companies Mentioned
- Vertiv Energy Private Limited
- Schneider Electric India Private Limited
- Eaton Power Quality Private Limited
- Delta Power Solution (India) Private Limited
- Hitachi Hi-Rel Power Electronics Private Limited
- Swelect Energy Systems Limited
- Luminous Power Technologies Private Limited
- Microtek International private limited
- V-Guard Industries Limited
- Su-Kam Power Systems Limited
Key Topics Covered
1. Executive Summary
2. Global Uninterruptible Power Supply (UPS) Market Outlook
3. India Uninterruptible Power Supply (UPS) Market Outlook
4. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/q76fzv/india?w=4
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Topics: Electricity