India Regenerative Uninterruptible Power Supply Market Estimated to Rise Profitably during the Foreseeable Future

The growing demand for customizations in regenerative uninterruptible power (UPS) supply units amongst Indian industries will keep the vendors in this market on their toes. Companies will have to keep in line with the trend of factoring in unique needs of the customers, increase CNC, and sell reliable and stable units to win bigger shares in the forecast period, says Transparency Market Research in a new study.

While Bonfiglioli Transmissions Pvt. Ltd has been leading the regenerative UPS market in India by offering customized UPS solutions, Arvi Systems & Controls Pvt. Ltd also has a noticeable brand presence in the overall market and is expected to retain its position in the foreseeable future.

Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=10781

Power Outages across India Create Demand for Regenerative UPS

A score of Indian companies are suffering due to power outages and the clear deficit of power supply. The inconsistency of power supply has brought down the revenue earnings for these companies by about 10% on an everyday basis. The urgent need to bridge this gap and optimize production plans will lead to the adoption of regenerative UPS in the Indian industrial verticals.

The regenerative UPS market in India will also be augmented by the growing construction projects in the country, which is also fueling the manufacturing sectors and the cement and steel industry. The redundant transmission network across the country are also prompting companies to invest in reliable regenerative UPS systems.

Request to download and view full ToC @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10781

Capital-Intensive Nature of Regenerative UPS Hinders Market Growth

The capital-intensive nature of this regenerative UPS is the biggest hindrance to the overall market. Several industrialists and small to medium-sized business owners have shied away from investing in regenerative UPS systems due to their exorbitant installation cost. The existence of traditional technologies and lack of knowledge about the benefits of regenerative UPS are also hampering the growth of this market in India. The availability of counterfeit UPS systems is also posing a tough challenge for the players in the market by poaching into their market shares.

Despite the ups and downs faced by the India UPS market, a TMR analysts says, “Initiatives taken by the Indian Government to bring down the burden of energy generation and consumption from fossil fuels is likely to create a stir in the energy management discussion.” This will instigate a movement that focuses on innovative energy conservation methods. Vendors will also find numerous growth opportunities as the government is implementing a strict regulatory framework for standardizing the equipment.

The market opportunity of the India regenerative uninterruptible power supply market was worth US$76.86 mn in 2015. In the coming years, the monumental industrial development in the country is anticipated to push the market’s opportunity to US$163.11 mn by 2024. Between 2015 and 2024, the market is likely to sprint ahead at a CAGR of 8.7%, creating a niche for itself in the global economy.

As of 2014, the regenerative converter units segment held a significant share of 47.5% in the overall market. The cost-efficiency of regenerative converter units is going keep this product segment in the leading position in the coming years. The rise of small to medium-sized enterprises will also support the growth of this product segment in the coming years.

View Report @ http://www.transparencymarketresearch.com/india-regenerative-uninterruptible-power-supply-market.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.