DUBLIN, Mar. 06, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/smw8tg/ups_market_in) has announced the addition of the "UPS Market in India 2015-2019" report to their offering.
The UPS market in India to grow at a CAGR of 8.4% over the period 2014-2019
A UPS is an electrical device that provides power backup to during a power failure. A UPS provides instantaneous power backup at the time of power failure. It is used to provide power to negate the power interruptions associated with the main energy such as sags and surges and to filter out unwanted interruptions such as harmonics and electronic interference.
UPS is widely used the Telecommunication, IT, Oil and Gas, Chemical, and Food Processing industries. Online, line-interactive, and standalone are the three types of UPS technologies.
Increased availability of portable UPS systems is one of the key trends being witnessed in this market. End-users across the country prefer small UPS systems as they occupy less space. Also, the increase in population and urbanization has resulted in more demand for portable UPS systems from residential and commercial users.
According to the report, power outages across the country have increased significantly, resulting in increased demand for power backup for end-users. Increased power consumption has led to demand-supply mismatch, which has resulted in increased demand for alternative sources of power backup mainly from home-based computer systems and small and medium enterprises.
Further, the report states that the slow rate of technological innovations is hindering the market growth, resulting in reduction in the demand for UPS solutions from data centers in the telecommunications sector, and the industrial and automation industry.
- Emerson Electric
- Su-Kam Power Systems
Other Prominent Vendors
- Accura Automation
- Exide Industries
- Hi-Rel Power Electronics
For more information visit http://www.researchandmarkets.com/research/smw8tg/ups_market_in
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SOURCE Research and Markets