Sample-India Power Inverter Market Overview
"Power or electricity is one of the most critical components of infrastructure affecting economic growth and well-being of every nation. The existence and development of adequate infrastructure is essential for sustained growth of the Indian economy. India’s power sector is one of the more ignored sectors in the Indian economy especially in the rural parts of the country remains without power, as does 6% of the urban population. This report is about the market size of the power inverters in India and how is it going to help the economy of the country by providing back up of the power whenever needed. This report reveals how government is supporting the power inverter market by computerization of schools and other development factors to achieve the grid parity in India. The report also reveals the trend in this industry is shifting to hybrid inverters and solar inverter in Indian power inverter market. The Power inverter market in India was growing at a CAGR of about 11.79 per cent during the period 2009—2014. The manufacturing ecosystem for these products is quite mature while technological requirements of Inverter manufacturing are greater than the manufacturing and design capabilities present in India currently. Some of the major players in the inverters market are Luminous, Su-kam, and Microtek. Steady demand from the home and SOHO segments is expected to buttress the growth of the inverter market. The unorganized segment has a large share of the inverter market, though its share has been declining lately due to enhanced consumer awareness. According to “India Power Inverter Market Overview”, the market for power inverters in India is expected to grow with a CAGR of 8.49% from 2015 to 2021. Central Inverters are the major market share acquirers of the inverter market. Micro-inverters are forecasted to increase its share technology wise. Residential segment is the new target of the inverter industry. The unorganized sector which was leading the market till 2012 is forecasted to shrink in the coming years. New entrants are also increasing and their revenue share is expected to grow over the forecasted period, owing to their expansion plans and widening of dealership networks. “India Power Inverter Market Overview” discusses the following aspects of water heaters in India:"
"Power or electricity is one of the most critical components of infrastructure affecting economic growth and well-being of every nation. The existence and development of adequate infrastructure is essential for sustained growth of the Indian economy. India’s power sector is one of the more ignored sectors in the Indian economy especially in the rural parts of the country remains without power, as does 6% of the urban population. This report is about the market size of the power inverters in India and how is it going to help the economy of the country by providing back up of the power whenever needed. This report reveals how government is supporting the power inverter market by computerization of schools and other development factors to achieve the grid parity in India. The report also reveals the trend in this industry is shifting to hybrid inverters and solar inverter in Indian power inverter market.
The Power inverter market in India was growing at a CAGR of about 11.79 per cent during the period 2009—2014. The manufacturing ecosystem for these products is quite mature while technological requirements of Inverter manufacturing are greater than the manufacturing and design capabilities present in India currently. Some of the major players in the inverters market are Luminous, Su-kam, and Microtek. Steady demand from the home and SOHO segments is expected to buttress the growth of the inverter market. The unorganized segment has a large share of the inverter market, though its share has been declining lately due to enhanced consumer awareness.
According to “India Power Inverter Market Overview”, the market for power inverters in India is expected to grow with a CAGR of 8.49% from 2015 to 2021. Central Inverters are the major market share acquirers of the inverter market. Micro-inverters are forecasted to increase its share technology wise. Residential segment is the new target of the inverter industry. The unorganized sector which was leading the market till 2012 is forecasted to shrink in the coming years. New entrants are also increasing and their revenue share is expected to grow over the forecasted period, owing to their expansion plans and widening of dealership networks. “India Power Inverter Market Overview” discusses the following aspects of water heaters in India:"
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5. Company Profiles<br />
5.1. Luminous<br />
Luminous, a leading player in the estimated Rs. xxx <strong>India</strong>n inverter and power storage market,<br />
which is growing at over xxxx per cent annually, generated revenues of around Rs. Xxxx crore<br />
in 2010-11. It has a wide distribution network of network of xxxx channel partners with xxxx<br />
distributors serving over xxxx retail outlets. The total net debt of the company was Rs. Xxx<br />
crore as of March 31 2011.<br />
Luminous' Chairman, who will continue to hold xxxx per cent in the firm, plan to be closely<br />
associated with the company. Luminous, which employs xxx, will provide Schneider a broad<br />
customer base with xxxx million existing inverter users and also access to clients in sectors<br />
such as government and telecom. With over xxxx employees, seven manufacturing units, xxxx<br />
sales offices and more than xxxx channel partners; Luminous has a dominating position in the<br />
UPS, inverter market. Founded in 1988, today it has a differentiated portfolio of solutions for<br />
packaged power, diversified generation, electrical control & safety and energy optimization. It<br />
has been awarded with the ‗Global Superbrands‘ status for the year 2011-12, ISO 50001:2011<br />
certification and MNRE: CRISIL recognition.<br />
France‘s Schneider Electric SA bought xxxx % of privately held <strong>India</strong>n inverter<br />
manufacturer Luminous <strong>Power</strong> Technologies Pvt. Ltd for around € xxx million to boost revenue<br />
and market share in Asia‘s third largest economy. Schneider‘s eighth acquisition in <strong>India</strong> since<br />
2000 is likely to raise its sales in the country to more than Rs xxxx crore, tripling 2009 revenue,<br />
said Olivier Blum, managing director, Schneider Electric <strong>India</strong>.<br />
Manufacturing facilities:<br />
<strong>India</strong> <strong>Power</strong> <strong>Inverter</strong> <strong>Market</strong> Outlook 2021 Page 16
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