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India UPS Market to 2023 - Breakdown by Less than 5kVA, 5.1kVA-50kVA, 50.1kVA-200kVA, 200.1kVA-500kVA, 500.1kVA-800kVA & Above 800kVADUBLIN, Aug. 10, 2018 /PRNewswire/ -- The "India UPS Market By Type (Online & Offline), By Application (Commercial, Industrial & Residential), By Rating (Less than 5kVA, 5.1kVA-50kVA, 50.1kVA-200kVA, 200.1kVA-500kVA, 500.1kVA-800kVA & Above 800kVA), Competition Forecast & Opportunities, 2023" report has been added to ResearchAndMarkets.com's offering. UPS market is forecast to grow at a CAGR of more than 9% by 2023. Growth in the market can be attributed to increasing demand for power backup across commercial as well as industrial sectors coupled with growing digitalization across the country. Moreover, rising number of technological advancements and government's initiatives to improve electrification rate and development of smart cities across the country is further expected to push demand for UPS systems across the country in the coming years. Furthermore, rising demand from tier 2 and tier 3 cities is also expected to steer growth in the country's UPS market until 2023. India UPS Market Competition Forecast & Opportunities, 2023 discusses the following aspects of UPS market in India:
Key Topics Covered: Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager. Media Contact: Laura Wood, Senior Manager View original content:http://www.prnewswire.com/news-releases/india-ups-market-to-2023---breakdown-by-less-than-5kva-5-1kva-50kva-50-1kva-200kva-200-1kva-500kva-500-1kva-800kva--above-800kva-300695436.html SOURCE Research and Markets |