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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

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.

Please Note: Printing is not available on single-user licenses.


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 Figures
Figure 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), 2013-2023F
Figure 7: India Inverter Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023F
Figure 8: India per Capita Energy Consumption, 2012-2017 (Mega Joule)
Figure 9: India Electricity Consumption Share, By Sector, 2017
Figure 10: Aggregate Technical & Commercial (AT&C) Losses in India, 2016-2020F
Figure 11: Transmission & Distribution Losses in India, 2011-2017
Figure 12: India Inverter Market Share, By Type, By Value, 2013-2023F
Figure 13: India Inverter Market Share, By Application, By Value, 2013-2023F
Figure 14: India Inverter Market Share, By Region, By Value, 2017 & 2023F
Figure 15: India Inverter Market Share, By Region, By Value, 2013-2023F
Figure 16: India Installed Capacity of Electricity, By Region, As on 31st March 2017
Figure 17: India Inverter Market Share, By Capacity, By Value, 2013-2023F
Figure 18: India Inverter Market Share, By Company, By Value, 2017 & 2023F
Figure 19: India Inverter Market Attractiveness Index, By Type, By Value, 2018E-2023F
Figure 20: India Inverter Market Attractiveness Index, By Application, By Value, 2018E-2023F
Figure 21: India Inverter Market Attractiveness Index, By Region, By Value, 2018E-2023F
Figure 22: India Inverter Market Attractiveness Index, By Capacity, By Value, 2018E-2023F
Figure 23: India Residential Inverter Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023F
Figure 24: Urban Cities Proposed Under Housing for All Initiative in India, By Phase, As of 2017
Figure 25: India Residential Inverter Market Share, By Type, By Value, 2013-2023F
Figure 26: India Residential Inverter Market Share, By Region, By Value, 2017 & 2023F
Figure 27: India Residential Inverter Market Share, By Region, By Value, 2013-2023F
Figure 28: India Residential Inverter Market Share, By Capacity, By Value, 2013-2023F
Figure 29: India Residential Inverter Market Share, By Company, By Value, 2017 & 2023F
Figure 30: India Commercial Inverter Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023F
Figure 31: India Commercial Inverter Market Share, By Type, By Value, 2013-2023F
Figure 32: India Commercial Inverter Market Share, By Region, By Value, 2017 & 2023F
Figure 33: India Commercial Inverter Market Share, By Region, By Value, 2013-2023F
Figure 34: India Commercial Inverter Market Share, By Capacity, By Value, 2013-2023F
Figure 35: India Commercial Inverter Market Share, By Company, By Value, 2017 & 2023F
Figure 36: India Industrial Inverter Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023F
Figure 37: India Industrial Inverter Market Share, By Type, By Value, 2013-2023F
Figure 38: India Industrial Inverter Market Share, By Region, By Value, 2017 & 2023F
Figure 39: India Industrial Inverter Market Share, By Region, By Value, 2013-2023F
Figure 40: India Industrial Inverter Market Share, By Capacity, By Value, 2013-2023F
Figure 41: India Industrial Inverter Market Share, By Company, By Value, 2017 & 2023F
Figure 42: Price Point Analysis, 2013-2023F (USD/Unit)
List Of Tables
Table 1: Average Number of Reported Power Cuts in India, April 2017–March 2018
Table 2: Anticipated All India Power Supply Position, 2018
Table 3: State-wise Average Power Cut Duration in India, March, 2017 & March, 2018
Table 4: Smart City Investment in Eastern India, 2017
Table 5: Smart City Investment in Northern India, 2017
Table 6: Smart City Investment in Western India, 2017
Table 7: Smart City Investment in Southern India, 2017
Table 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 Floors
Table 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

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