| Product Code: ETC4522765 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India industrial power supply market import shipment demonstrated robust growth with a CAGR of 14.7% from 2020 to 2024. Notably, the growth rate accelerated by 23.8% between 2023 and 2024, indicating a significant uptrend in market expansion. The market exhibited strong momentum and a clear upward trajectory during the period.
The industrial power supply market in India is vital for providing consistent and reliable power to industrial equipment and processes. This market encompasses a range of power supply solutions, including uninterruptible power supplies (UPS), industrial power transformers, and power quality improvement devices. As industries grow and automation becomes more widespread, the demand for industrial power supply solutions is on the rise.
The industrial power supply market in India is driven by the growing demand for electricity in the industrial sector. With the expansion of manufacturing and infrastructure projects, there is a consistent need for reliable and uninterrupted power supply. Additionally, government initiatives such as `Make in India` and `Smart Cities` are accelerating industrial growth, further fueling the demand for power supply solutions. Increasing automation and digitalization in industries also necessitate advanced power supply systems to ensure efficiency and productivity.
This market faces challenges such as energy efficiency, equipment compatibility, and reliability. Advancements in industrial power supply technology and promoting efficient usage will be key.
The industrial power supply market in India faced supply chain disruptions and reduced manufacturing activity during the pandemic. Industries that heavily rely on consistent power supply, such as manufacturing and healthcare, were adversely affected. This led to a greater focus on backup power solutions and improved power quality. As industrial activities recover, the market is expected to rebound, driven by the need for reliable and stable power sources in critical applications.
In the industrial power supply segment, key players include Delta Electronics, Siemens, and Emerson Electric. They provide reliable power supply solutions for industrial applications, ensuring uninterrupted and stable power for critical processes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial Power Supply Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Power Supply Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Power Supply Market - Industry Life Cycle |
3.4 India Industrial Power Supply Market - Porter's Five Forces |
3.5 India Industrial Power Supply Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Industrial Power Supply Market Revenues & Volume Share, By Output Power, 2021 & 2031F |
3.7 India Industrial Power Supply Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 India Industrial Power Supply Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and urbanization in India leading to higher demand for industrial power supply. |
4.2.2 Government initiatives promoting renewable energy sources and energy efficiency in industrial sectors. |
4.2.3 Growing investments in infrastructure development and manufacturing industries driving the demand for industrial power supply. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of industrial power supply equipment. |
4.3.2 Challenges related to grid stability and reliability affecting the performance of industrial power supply systems. |
4.3.3 Regulatory hurdles and policy changes impacting the adoption of industrial power supply solutions. |
5 India Industrial Power Supply Market Trends |
6 India Industrial Power Supply Market, By Types |
6.1 India Industrial Power Supply Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Power Supply Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Industrial Power Supply Market Revenues & Volume, By AC-DC , 2021-2031F |
6.1.4 India Industrial Power Supply Market Revenues & Volume, By DC-DC Converter, 2021-2031F |
6.2 India Industrial Power Supply Market, By Output Power |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Power Supply Market Revenues & Volume, By up to 500W, 2021-2031F |
6.2.3 India Industrial Power Supply Market Revenues & Volume, By 500-1000W, 2021-2031F |
6.2.4 India Industrial Power Supply Market Revenues & Volume, By 1000W-10kW, 2021-2031F |
6.2.5 India Industrial Power Supply Market Revenues & Volume, By 10-75kW, 2021-2031F |
6.2.6 India Industrial Power Supply Market Revenues & Volume, By 75-150kW, 2021-2031F |
6.3 India Industrial Power Supply Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Power Supply Market Revenues & Volume, By Medical & Healthcare, 2021-2031F |
6.3.3 India Industrial Power Supply Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.4 India Industrial Power Supply Market Revenues & Volume, By Military & Aerospace, 2021-2031F |
6.3.5 India Industrial Power Supply Market Revenues & Volume, By Automobile, 2021-2031F |
7 India Industrial Power Supply Market Import-Export Trade Statistics |
7.1 India Industrial Power Supply Market Export to Major Countries |
7.2 India Industrial Power Supply Market Imports from Major Countries |
8 India Industrial Power Supply Market Key Performance Indicators |
8.1 Capacity utilization rate of industrial power supply systems. |
8.2 Energy efficiency improvements in industrial power supply installations. |
8.3 Adoption rate of renewable energy sources in industrial power supply. |
8.4 Average downtime of industrial power supply systems. |
8.5 Rate of technological advancements and innovations in industrial power supply sector. |
9 India Industrial Power Supply Market - Opportunity Assessment |
9.1 India Industrial Power Supply Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Industrial Power Supply Market Opportunity Assessment, By Output Power, 2021 & 2031F |
9.3 India Industrial Power Supply Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 India Industrial Power Supply Market - Competitive Landscape |
10.1 India Industrial Power Supply Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Power Supply Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |