India Inverter Market By Type (Pure Sine Wave, Modified Sine Wave, and Square Wave), By Application (Residential, Commercial, and Industrial), By Capacity (Up to 2 kVA, 2-10 kVA, and Above 10 kVA), Competition Forecast & Opportunities, 2013 – 2023
According to “India Inverter Market By Type, By Application, By Capacity, Competition Forecast & Opportunities, 2013 – 2023” inverter market is forecast to surpass $ 694 million by 2023 in India. Anticipated growth in the market can be attributed to increasing demand for power backup solutions across residential, commercial as well as industrial sectors. Moreover, government’s initiatives to improve electrification rate in India coupled with technological developments is further expected to positively influence India inverter market in the coming years. Rising demand from tier 2 and tier 3 cities is expected to further steer growth in India inverter market over the course of next five years. Few of the major players operating in India inverter market include Luminous Power Technologies Pvt. Ltd., V-Guard Industries, Microtek International Private Limited, Su-Kam Power Systems Limited, Exide Industries Limited, Amara Raja Batteries Limited, Genus Innovation Limited, Arise India Limited, Consul Neowatt Power Solutions Private Limited, and Uniline Energy Systems Private Limited. “India Inverter Market By Type, By Application, By Capacity, Competition Forecast & Opportunities, 2013 – 2023” discusses the following aspects of inverter market in India:
- Inverter Market Size, Share & Forecast
- Segmental Analysis – By Type (Pure Sine Wave, Modified Sine Wave, and Square Wave), By Application (Residential, Commercial, and Industrial), By Capacity (Up to 2 kVA, 2-10 kVA, and Above 10 kVA)
- Competitive Analysis
- Changing Market Trends & Emerging Opportunities
Why You Should Buy This Report?- To gain an in-depth understanding of inverter market in India
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, inverter distributors and other stakeholders align their market-centric strategies
- To obtain research-based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interaction with inverter distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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- 1. Product Overview
- 2. Research Methodology
- 3. Analyst View
- 4. Voice of Customer
- 4.1. Parameters Influencing Purchase Decision
- 4.2. Main Findings: Specifications of Brand Used
- 4.3. Factors Considered Before Purchase
- 4.4. Brand Awareness: Unaided
- 4.5. Brand Awareness: Aided
- 5. India Inverter Market Outlook
- 5.1. Installed Base Analysis
- 5.2. Market Size & Forecast
- 5.2.1. By Value
- 5.2.2. By Volume
- 5.3. Market Share & Forecast
- 5.3.1. By Type (Pure Sine Wave, Modified Sine Wave, and Square Wave)
- 5.3.2. By Application (Residential, Commercial, and Industrial)
- 5.3.3. By Region (North, South, East, and West)
- 5.3.4. By Capacity (Up to 2 kVA, 2-10 kVA, and Above 10 kVA)
- 5.3.5. By Company
- 5.4. Market Attractiveness Index
- 5.4.1. By Type (Pure Sine Wave, Modified Sine Wave, and Square Wave)
- 5.4.2. By Application (Residential, Commercial, and Industrial)
- 5.4.3. By Region (North, South, East, and West)
- 5.4.4. By Capacity (Up to 2 kVA, 2-10 kVA, and Above 10 kVA)
- 6. India Residential Inverter Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value
- 6.1.2. By Volume
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Region
- 6.2.3. By Capacity
- 6.2.4. By Company
- 7. India Commercial Inverter Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value
- 7.1.2. By Volume
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Region
- 7.2.3. By Capacity
- 7.2.4. By Company
- 8. India Industrial Inverter Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value
- 8.1.2. By Volume
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Region
- 8.2.3. By Capacity
- 8.2.4. By Company
- 9. Market Dynamics
- 9.1. Drivers
- 9.2. Challenges
- 10. Market Trends & Developments
- 11. Price Point Analysis
- 12. Policy & Regulatory Landscape
- 13. India Economic Profile
- 14. Competitive Landscape
- 14.1. Competitive Benchmarking
- 14.2. Company Profile
- 14.2.1. Luminous Power Technologies Pvt. Ltd.
- 14.2.2. V-Guard Industries
- 14.2.3. Microtek International Private Limited
- 14.2.4. Su-Kam Power Systems Limited
- 14.2.5. Exide Industries Limited
- 14.2.6. Amara Raja Batteries Limited
- 14.2.7. Genus Innovation Limited
- 14.2.8. Arise India Limited
- 14.2.9. Consul Neowatt Power Solutions Private Limited
- 14.2.10. Uniline Energy Systems Private Limited
- 15. Strategic Recommendations
List Of FiguresFigure 1: Parameters Influencing Purchase Decisions (Base=100)Figure 2: Inverter Brands in Use (Base=100)Figure 3: Factors Considered Before Purchase (Base=100)Figure 4: Unaided Brand Awareness (Base=100)Figure 5: Aided Brand Awareness (Base=100)Figure 6: India Inverter Installed Base, By Volume (Million Units), 2013-2023FFigure 7: India Inverter Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023FFigure 8: India per Capita Energy Consumption, 2012-2017 (Mega Joule)Figure 9: India Electricity Consumption Share, By Sector, 2017Figure 10: Aggregate Technical & Commercial (AT&C) Losses in India, 2016-2020FFigure 11: Transmission & Distribution Losses in India, 2011-2017Figure 12: India Inverter Market Share, By Type, By Value, 2013-2023FFigure 13: India Inverter Market Share, By Application, By Value, 2013-2023FFigure 14: India Inverter Market Share, By Region, By Value, 2017 & 2023FFigure 15: India Inverter Market Share, By Region, By Value, 2013-2023FFigure 16: India Installed Capacity of Electricity, By Region, As on 31st March 2017Figure 17: India Inverter Market Share, By Capacity, By Value, 2013-2023FFigure 18: India Inverter Market Share, By Company, By Value, 2017 & 2023FFigure 19: India Inverter Market Attractiveness Index, By Type, By Value, 2018E-2023FFigure 20: India Inverter Market Attractiveness Index, By Application, By Value, 2018E-2023FFigure 21: India Inverter Market Attractiveness Index, By Region, By Value, 2018E-2023FFigure 22: India Inverter Market Attractiveness Index, By Capacity, By Value, 2018E-2023FFigure 23: India Residential Inverter Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023FFigure 24: Urban Cities Proposed Under Housing for All Initiative in India, By Phase, As of 2017Figure 25: India Residential Inverter Market Share, By Type, By Value, 2013-2023FFigure 26: India Residential Inverter Market Share, By Region, By Value, 2017 & 2023FFigure 27: India Residential Inverter Market Share, By Region, By Value, 2013-2023FFigure 28: India Residential Inverter Market Share, By Capacity, By Value, 2013-2023FFigure 29: India Residential Inverter Market Share, By Company, By Value, 2017 & 2023FFigure 30: India Commercial Inverter Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023FFigure 31: India Commercial Inverter Market Share, By Type, By Value, 2013-2023FFigure 32: India Commercial Inverter Market Share, By Region, By Value, 2017 & 2023FFigure 33: India Commercial Inverter Market Share, By Region, By Value, 2013-2023FFigure 34: India Commercial Inverter Market Share, By Capacity, By Value, 2013-2023FFigure 35: India Commercial Inverter Market Share, By Company, By Value, 2017 & 2023FFigure 36: India Industrial Inverter Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023FFigure 37: India Industrial Inverter Market Share, By Type, By Value, 2013-2023FFigure 38: India Industrial Inverter Market Share, By Region, By Value, 2017 & 2023FFigure 39: India Industrial Inverter Market Share, By Region, By Value, 2013-2023FFigure 40: India Industrial Inverter Market Share, By Capacity, By Value, 2013-2023FFigure 41: India Industrial Inverter Market Share, By Company, By Value, 2017 & 2023FFigure 42: Price Point Analysis, 2013-2023F (USD/Unit)List Of TablesTable 1: Average Number of Reported Power Cuts in India, April 2017–March 2018Table 2: Anticipated All India Power Supply Position, 2018Table 3: State-wise Average Power Cut Duration in India, March, 2017 & March, 2018Table 4: Smart City Investment in Eastern India, 2017Table 5: Smart City Investment in Northern India, 2017Table 6: Smart City Investment in Western India, 2017Table 7: Smart City Investment in Southern India, 2017Table 8: Release of Funds under Smart City Mission in India, By Major State/UT, As of 2017 (USD Million)Table 9: Upcoming Major High Rise Buildings in India, By Industry Type, By Location, By Number of FloorsTable 10: Installed Generating Capacity of Electricity in Non-Utilities in India, 2013-2016 (MW)Table 11: Installed Generating Capacity of Electricity in Utilities in India, 2013-2016 (MW)Table 12: Prices of Inverter in Delhi-NCR, By Company, As of January 2018