| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2020 - 2023 |
| CAGR | 2.70% |
| Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
India Uninterruptible Power Supply (UPS) Market Analysis
The India Uninterruptible Power Supply Market is expected to register a CAGR of 2.7% during the forecast period.
The market was moderately impacted by COVID-19 in 2020. Now the market has reached pre-pandemic levels.
- Over the short term, the major driving factor of the market is expected to be the increasing demand for uninterrupted power supply, primarily from end-users such as manufacturing and commercial.
- On the flip side, the high capital cost and operational expenditure are expected to slow down the growth of the market during the forecast period.
- The technological advancements in UPS systems, like artificial intelligence, machine learning, IoT, etc., are expected to create immense opportunities for the market studied.
India Uninterruptible Power Supply (UPS) Market Trends
Data Centers Segment to Witness Significant Growth
- Data centers are facilities that store vast amounts of sensitive data. These facilities are needed to be operational throughout the clock, maintain data safety, and reduce downtime. They are equipped with an uninterrupted power supply. Furthermore, the data centers are connected to the internet, and with the help of an uninterruptible power supply, the data centers work smoothly without any interruption in internet connectivity. An uninterruptible power supply has redundant configurations and dual bus capabilities. Thus, it requires less uptime and can provide facility-wide protection for sensitive electronics. Moreover, an uninterruptible power supply provides power without blackouts, brownouts, sags, surges, and noise interference.
- India has witnessed steady growth in the number of data centers across the country in the last couple of years, ascribing to a significant rise in digitization in the last couple of years. As of May 2022, India has around 127 data centers.
- Furthermore, there is a rise in cloud-based networks. This can be ascribed to higher integration as corporations worldwide are shifting toward cloud-based networks rather than maintaining their infrastructure. Moreover, increased investment and application of artificial intelligence, the Internet of Things (IoT), and machine learning are transforming various sectors, such as industry 4.0, financial technology, global cities, digital infrastructure, and communications.
- Major companies are showing interest in developing data centers. For instance, in May 2022, Cisco launched its first data center in India. The company aims to cater to rising customer demands for cyber-defense and data localization. Thus, Cisco's Duo has established its first data center in India. Furthermore, with this investment, Cisco aims to build future-ready, data-compliant security infrastructure in India. Moreover, this data center would serve various industries, such as the public sector, healthcare, banking, financial services, and insurance. The new data center is part of Duo's global expansion strategy to spread its network across APAC, Europe, and the United States.
- In January 2022, the diversified Adani Group invested more than USD 55.72 million in two data center projects in Uttar Pradesh, India. According to the Uttar Pradesh government, the two data centers are expected to be built in Noida sectors 62 and 80, respectively. Furthermore, Adani Group has formed a subsidiary, Adani-EdgeConneX Indian Joint Venture, to create a data center in Mumbai, India. Moreover, the company aims to develop 1 GW of data center capacity in the next ten years. These projects are expected to be located in various cities in India, including Chennai, Navi Mumbai, Noida, Vizag, and Hyderabad.
- All these investments in data center development would lead to higher demand for the uninterruptible power supply, driving India's uninterruptible power supply market during the forecast period.
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High Capital Cost and Operational Expenditure of UPS Restraining Market Growth
- Despite being a reliable and highly responsive system guaranteeing an immediate power supply in the event of a power failure, the major concern about the uninterruptible power supply (UPS) system is its cost. UPS requires a significant startup investment. For instance, in 2021, the number of private equity and venture capital deals in startups in India increased from 628 in the previous year to 858. Even a single unit for home use can cost hundreds of dollars. On the other hand, corporate setups on a large-scale run into tens of thousands of dollars for the machinery alone. These major installations also require an infrastructure setup that can significantly increase the total setup cost. Therefore, not all users could afford them, hampering the market's growth.
- Uninterruptible power supplies, such as the Online Double Conversion systems, have a complicated design, generating higher heat and lower overall efficiency, increasing operating costs. Moreover, UPS batteries do not last forever. Like all rechargeable batteries, the capacity of a UPS to hold charge diminishes over time. Depending on the model, a UPS battery lasts around five to ten years. After this, the old battery requires proper disposal, and a new battery must be purchased. Though many UPS manufacturers and retail stores recycle the UPS batteries used at homes for free, corporations must pay for the safe disposal of their equipment.
- Additionally, using a UPS system involves several considerations owing to the maintenance of the system. The maintenance cost is much higher, especially for corporate offices and industries, as it involves many UPS connections and requires a skilled electrician to be appointed to manage wiring systems and ensure error-free services. Moreover, for the proper functioning of the UPS system, it must be with sufficient ventilation since it regularly emits fumes. These factors are expected to increase the cost of a UPS and, in turn, restrain the growth of the market over the forecast period.
- The UPS system draws more power than a standalone device in terms of power consumption. The amount required is significantly higher than the actual amount needed by the devices, as UPS needs to keep its batteries always charged. This situation leads to an unavoidable waste of power, correlated to the amount of electricity used in the system. In large-scale applications, this additional power consumption represents a high additional cost. This wasted energy should also be considered while considering the environmental practices of businesses.
- Therefore, the system's high capital cost and operational expenditure are expected to limit the growth of the market studied during the forecast period.
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India Uninterruptible Power Supply (UPS) Industry Overview
The Indian uninterruptible power supply (UPS) market is moderately fragmented in nature. Some of the major players in the market (in no particular order) include Eaton Corporation PLC, Riello Elettronica SpA, Emerson Electric Co., Delta Electronics, Inc., and ABB Ltd.
India Uninterruptible Power Supply (UPS) Market Leaders
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Riello Elettronica SpA
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EATON Corporation PLC
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Emerson Electric Co.
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Delta Electronics Inc.
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ABB Ltd
- *Disclaimer: Major Players sorted in no particular order
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India Uninterruptible Power Supply (UPS) Market News
- October 2022: Gurugram-based solar startup Su-vastika launched a lithium battery-based three-phase uninterruptible power supply (UPS) system that can be widely used as an alternative to polluting diesel generators (DGs) from residential and commercial buildings to educational facilities, hospitals, and shopping malls. The UPS system has power ratings of 10 kVA to 500 kVA and can work on a bi-directional technology based on an insulated-gate bipolar transistor (IGBT).
- June 2022: Vertiv launched a range of uninterruptible power supply (UPS) solutions, including Vertiv Liebert ITA2 - 30 kVA and Vertiv Liebert EXM2, during the Vertiv Xpress Power Drive. This roadshow showcases the company's complete stack of critical infrastructure solutions to its end users across India. This multi-city initiative engages customers and partners through unique collaboration programs and works toward collectively growing the partner's business.
India Uninterruptible Power Supply (UPS) Industry Segmentation
An uninterruptible power supply (UPS) is a power quality device that provides continuous and stable power to a critical system load. The device prevents prospective incoming power quality issues from the distribution system, such as interruptions, voltage sags, swells, harmonics, and noise that disrupts the performance of sensitive electronic components and other electrical equipment. It protects equipment susceptible to power quality fluctuations from interruptions and isolates the critical load from power quality issues in the incoming supply.
The Indian uninterruptible power supply (UPS) market is segmented by capacity, type, and application. By capacity, the market is segmented into less than 10 kVA, 10-100 kVA, and above 100 kVA. The market is segmented by type into standby UPS systems, online UPS systems, and line-interactive UPS systems. By application, the market is segmented into data centers, telecommunications, healthcare (hospitals, clinics, etc.), industrial, and other applications. For each segment, the market sizing and forecasts are provided based on revenue (USD million).
| By Capacity | Less than 10 kVA |
| 10-100 kVA | |
| Above 100kVA | |
| By Type | Standby UPS System |
| Online UPS System | |
| Line-interactive UPS System | |
| By Application | Data Centers |
| Telecommunications | |
| Healthcare (Hospitals, Clinics, etc.) | |
| Industrial | |
| Other Applications |
By Capacity
| Less than 10 kVA |
| 10-100 kVA |
| Above 100kVA |
By Type
| Standby UPS System |
| Online UPS System |
| Line-interactive UPS System |
By Application
| Data Centers |
| Telecommunications |
| Healthcare (Hospitals, Clinics, etc.) |
| Industrial |
| Other Applications |
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India Uninterruptible Power Supply (UPS) Market Research FAQs
What is the current India Uninterruptible Power Supply (UPS) Market size?
The India Uninterruptible Power Supply (UPS) Market is projected to register a CAGR of 2.7% during the forecast period (2025-2030)
Who are the key players in India Uninterruptible Power Supply (UPS) Market?
Riello Elettronica SpA, EATON Corporation PLC, Emerson Electric Co., Delta Electronics Inc. and ABB Ltd are the major companies operating in the India Uninterruptible Power Supply (UPS) Market.
What years does this India Uninterruptible Power Supply (UPS) Market cover?
The report covers the India Uninterruptible Power Supply (UPS) Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Uninterruptible Power Supply (UPS) Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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UPS in India Industry Report
The India UPS market is experiencing robust growth, driven by the increasing demand for reliable power supply solutions across various sectors. The market report covers UPS companies in India and is segmented by capacity, type, and application. Market segmentation reveals a diverse range of UPS types including online, offline, and line interactive, catering to different power needs, supported by numerous UPS companies in India.
India's uninterruptible power supply market spans commercial, residential, government, and industrial sectors, emphasizing the critical role of UPS systems in continuous power supply and protection against disruptions. Key sectors include data centers, IT, BFSI, healthcare, and manufacturing. Regional analysis shows significant activities across northern, southern, eastern, and western India, each with unique growth dynamics.
Technological advancements such as the adoption of green UPS systems enhance energy efficiency and reduce environmental impact, while the development of transformer-less and modular UPS systems highlights the industry's innovation focus. These advancements are propelling the market forward, ensuring sustained growth and expansion across India's diverse industrial landscape.
For detailed statistics on the UPS market in India, including market share, size, revenue growth rate, and a forecast outlook, refer to industry reports by Mordor Intelligence™. The market research reveals a promising market growth with significant market value and market forecast. The industry analysis indicates a positive market outlook and market overview, driven by industry trends and market trends.
To understand the market dynamics thoroughly, you can get a sample of this industry analysis as a free report PDF download. The market data and market review highlight the importance of reliable power supply solutions. The industry information and industry statistics are essential for understanding the market leaders and market predictions.
The industry outlook and industry reports provide comprehensive insights into the market segmentation and market growth. The research companies have identified key market drivers and market segmentation, ensuring a thorough market analysis. The industry research and industry size are critical for understanding the industry's growth rate and market forecast.
The report example and report PDF offer a detailed market review and market predictions, ensuring that stakeholders are well-informed about the market dynamics. The industry sales and market data are crucial for understanding the market trends and market outlook. The market leaders and market segmentation are essential for identifying growth opportunities and market value in the UPS market.
