A UPS (Uninterruptible Power Supply) is a power protection system to provide clean, stable power to critical application equipment during power disturbances and power failure. India’s power sector is one of the most diversified in the world. Depending upon the power protection requirement, one can select from different types of Uninterruptible Power Supply (UPS) systems that will shield the critical data and equipment from some or all of the nine power problems. The main UPS categories are: Offline UPS: Line Interactive UPS and Double Conversion Online UPS.
India UPS market is to grow at a CAGR of 10% by 2022. The UPS market is projected to surpass $ 1 billion by 2022, on account of growing usage of UPS systems as a power backup source for the smooth functioning of enterprises in IT/ITES, BFSI and other sectors. Growth in the market is attributed to increasing demand for power backup across commercial as well as industrial sectors coupled with growing digitalization across the country. Moreover, rising number of technological advancements to improve electrification rate and development of smart cities across the country is further expected to push demand for UPS systems across the country. The rising demand from tier 2 and tier 3 cities is also expected to steer growth in the country’s UPS market until 2022.
Channel Players: APC by Schneider, Vertiv, Eaton, Numeric, Delta, Luminous and Microtek.
