STATCOM UPS Market India Industry Analysis Forecast 2016 - 2024
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The high-level analysis in the report provides detailed insights into the STATCOM UPS business in India. There are currently numerous drivers of the market. The most prominent drivers include growing industrial sector coupled with increasing demand for power. Market attractiveness analysis was carried out for the STATCOM UPS market on the basis of end-use. Market attractiveness was estimated on the basis of common parameters that directly impact the market in different regions.
The STATCOM UPS market was segmented on the basis of product type (insulated gate bipolar transistor (IGBT) based STATCOM UPS and gate turn off thyristors (GTO) based STATCOM UPS), application (long distance power transmission, power distribution, oil and gas offshore platforms, steel manufacturing, mining, and the automobile industry) and geography. The STATCOM UPS market in India was analyzed across four regions: East India, West India, North India, and South India. Key players in the STATCOM UPS market include Bharat Heavy Electricals Limited (BHEL), ABB India Limited, Crompton Greaves Limited, Schneider Electric India Pvt. Ltd., General Electric India Ltd., Mitsubishi Electric India Pvt. Ltd., Signotron India Pvt. Ltd., Power One Micro Systems Pvt. Ltd., Veeral Controls Pvt. Ltd., and NR Energy Solutions India Pvt. Ltd.
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STATCOM UPS Market: By Product
Gate Turn-Off Thyristors (GTO) STATCOM
Insulated Gate Bipolar Transistors (IGBT) STATCOM
STATCOM UPS Market: By Application
Long Distance Power Transmission
Oil & Gas
STATCOM UPS Market: By Region
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