The growing demand for customizations in regenerative uninterruptible power (UPS) supply units amongst Indian industries will keep the vendors in this market on their toes. Companies will have to keep in line with the trend of factoring in unique needs of the customers, increase CNC, and sell reliable and stable units to win bigger shares in the forecast period, says Transparency Market Research in a new study.
While Bonfiglioli Transmissions Pvt. Ltd has been leading the in India by offering customized UPS solutions, Arvi Systems & Controls Pvt. Ltd also has a noticeable brand presence in the overall market and is expected to retain its position in the foreseeable future.
A score of Indian companies are suffering due to power outages and the clear deficit of power supply. The inconsistency of power supply has brought down the revenue earnings for these companies by about 10% on an everyday basis. The urgent need to bridge this gap and optimize production plans will lead to the adoption of regenerative UPS in the Indian industrial verticals.
The regenerative UPS market in India will also be augmented by the growing construction projects in the country, which is also fueling the manufacturing sectors and the cement and steel industry. The redundant transmission network across the country are also prompting companies to invest in reliable regenerative UPS systems.
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