APN News

  • Saturday, May, 2024| Today's Market | Current Time: 08:14:01
  • Overturning Inverted Perceptions and Veering Towards High Growth

    Published on February 21, 2011

    Mumbai: With constant power cuts, perceptions about the use of Inverters these days are changing. Inverters find use in several applications across various new sectors like Industrial, Telecom, hospitality and domestic. The telecom sector (such as BTS cell sites), use inverters which are slowly complimenting/replacing gensets, which incur a high maintenance cost. In hotels/restaurants and clinics/hospitals, inverters are catching up as an alternative backup power solution for some non-critical applications such as emergency lighting in hotels and restaurants and for running non-life supporting equipment in clinics/hospitals.

    Quality and reliable products at a competitive price made available through a wide distribution network backed up by a prompt service support is the keyword for success in the growing power inverter market in India.

    The forthcoming complimentary Analyst Briefing session will be hosted by Vivekanand Roy, Senior Research Analyst, Energy & Power Systems Practice, Frost & Sullivan, on “Indian Power Inverter Market – Veering Towards High Growth “. The presentation will be held on Wednesday, 23rd February, 2010 at 3.30 p.m. IST.

    To attend this complimentary Analyst Briefing session, do fill in the details as requested below or send in your details to Ravinder Kaur at [email protected] with the following information: your full name, company name, title, telephone number, office e-mail, address, city, state and country. This briefing will be followed by a Q&A session.

    This briefing will benefit power Inverter manufacturers, Power Inverter contract manufacturers, Component Suppliers, Dealers/Distributors, EPC contractors, PE/Investment firms, etc., by discussing key market dynamics, highlighting the current state of the Power Inverter market in India, market opportunities and providing forward projections for the Indian power Inverter market.

    The Indian Power Inverter market is a fragmented, growing and competitive market catered to by several organized and unorganized suppliers. The top three suppliers contributed more than 40 percent of the overall power inverter market in FY2009-10.

    The Indian Power Inverter market has been segmented on the basis of the following power ranges:

    –              Less than 1kVA

    –              1.0-5 kVA

    –              5.1-30 kVA

    –              More than 30 kVA

    This Analyst briefing will throw light on the demand for power inverters in the aforementioned segments in 2009-10, across each of the End-user segments:

    –              Home/Domestic

    –              SOHO and SME/SMB

    –              Commercial

    –              Industrial

    The market is likely to exhibit a high CAGR of 19.8 percent in revenue terms between FY2009-10 and FY2016-17. This is likely to be the result of steady demand from sectors such as domestic, SOHO/SME, commercial, industrial and others.

    “The market has also witnessed the entry of many branded suppliers of similar product categories, such as UPS, genset, battery, consumer durables and others, in the last two to three years. Several consumer durables suppliers have entered the market during the last few years, primarily due to the robust demand in the domestic/SOHO segments”, says Vivekanand Roy, Senior Research Analyst-Energy and Power Systems’ Practice

    SEE COMMENTS

    Leave a Reply