India Power Inverter Market Outlook, 2021

Power or electricity is one of the most critical components of infrastructure affecting economic growth and well being of every nation.

Featured Companies

  • 1. Arise India Limited
  • 2. Consul Neowatt Power Solutions Private Limited
  • 3. Genus Innovation Limited
  • 4. Luminous Power Technologies Private Limited
  • 5. Microtek International Private Limited
  • 6. Su-kam Power Systems Limited
  • More...

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 more than 11% during the period 2011—2015. 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 Outlook, 2021”, the market for power inverters in India is expected to grow with a CAGR of more than 8% 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 Forecast & Opportunities, 2020” discusses the following aspects of water heaters in India:

Key Segment

• Global Renewable Inverter Market Outlook
• India Renewable Inverter Market Outlook

“India Power inverter Market Outlook, 2021” examines the following aspects of Power inverter in India:

The report gives an in-depth understanding of Power Inverter market in India:
- Global Inverter Market Outlook - Market Size & Forecast
- Global inverter Market Outlook - Market Size By Volume
- Pricing Analysis
- India Power Inverter Market Outlook - Market Size, & Forecast
- India Power Inverter Market Outlook - Market Size By Overall Residential Inverter
- India Power Inverter Market Outlook - Market Size By Overall Industrial Inverter
- India Power Inverter Market Outlook - Market Size By Volume
- India Power Inverter Market Outlook - Market size By Volume By Residential Inverter
- India Power Inverter Market Outlook - Market Size By Volume By Industrial Inverter
- Segmental Analysis - By Company, , By Region, , By technology & By Division in residential segment in KVA
- Policy & Regulatory Landscape
- Pricing Analysis of Indian Inverter Market
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
- Key vendors in this market Space

This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of Power inverter in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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Prashant Tiwari

Prashant Tiwari

Research Analyst

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Prashant Tiwari

Companies Mentioned

  • Arise India Limited
  • Consul Neowatt Power Solutions Private Limited
  • Genus Innovation Limited
  • Luminous Power Technologies Private Limited
  • Microtek International Private Limited
  • Su-kam Power Systems Limited
  • Swelect Energy Systems Limited
  • Tritronics India Private Limited
  • True Power International Limited
  • Uniline Energy Systems Private Limited

Table of Contents

  • 1. Executive Summary
  • 2. Global Inverter Market Outlook
  • 2.1. Market Size By Value
  • 2.2. Market Size By Volume
  • 2.3. Pricing Analysis
  • 3. India Non Renewable Inverter Market Outlook
  • 3.1. Market Size By Value
  • 3.1.1. Overall Inverter Market
  • 3.1.1.1. Total Inverter Market
  • 3.1.1.2. Total Organized Inverter Market
  • 3.1.1.3. Total Unorganized Inverter Market
  • 3.1.2. Overall Residential Inverter Market
  • 3.1.2.1. Total Residential Inverter Market
  • 3.1.2.2. Organized-Unorganized Market Size in Residential Inverter Market
  • 3.1.3. Overall Industrial Inverter Market
  • 3.1.3.1. Total Industrial Inverter Market
  • 3.1.3.2. Organized-Unorganized Market Size in Industrial Inverter Market
  • 3.2. Market Size By Volume
  • 3.2.1. Overall Inverter Market
  • 3.2.1.1. Total Inverter Market
  • 3.2.1.2. Total Organized Inverter Market
  • 3.2.1.3. Total Unorganized Inverter Market
  • 3.2.2. Overall Residential Inverter Market
  • 3.2.2.1. Total Residential Inverter Market
  • 3.2.2.2. Organized-Unorganized Market Size in Residential Inverter Market
  • 3.2.3. Overall Industrial Inverter Market
  • 3.2.3.1. Total Industrial Inverter Market
  • 3.2.3.2. Organized-Unorganized Market Size in Residential Inverter Market
  • 3.3. Market Share
  • 3.3.1. By Region
  • 3.3.2. By Company
  • 3.3.3. By End User Segment
  • 3.3.4. By Technology
  • 3.3.5. By Division in Residential Segment in KVA
  • 4. Pricing Analysis of Indian Inverter Market
  • 5. Production Process
  • 6. India Economic Profile
  • 7. Raw Material
  • 8. Certifications
  • 9. Market Penetration
  • 10. PEST Analysis
  • 11. Inverter Trade Dynamics
  • 11.1. Imports
  • 11.2. Export
  • 12. Inverter Market Dynamics
  • 12.1. Key Drivers
  • 12.2. Key Challenges
  • 13. Market Trends & Developments
  • 13.1. Shifting focus to the inverter segment
  • 13.2. Solar Hybrid Inverters
  • 13.3. Price Trends
  • 13.4. Technological Trend
  • 13.5. R&D
  • 13.6. After Sales Services
  • 14. Competitive Landscape
  • 14.1. Porters Five Forces
  • 14.2. Company Profiles
  • 14.2.1. Luminous
  • 14.2.2. Su Kam
  • 14.2.3. Microtek
  • 14.2.4. Genus
  • 14.2.5. Consol
  • 14.2.6. Swelect
  • 14.2.7. Tritronics
  • 14.2.8. True Power
  • 14.2.9. Uniline
  • 14.2.10. Arise India Ltd
  • 15. Strategic Recommendations
  • 16. Disclaimer

LIST OF TABLES
Table 1: India Economic Profile 2014
Table 2: Key Facts of Luminous
Table 3: Key Facts of Su Kam
Table 4: Key Facts of Microtek
Table 5: Key Facts of Genus
Table 6: Key Facts of Consol
Table 7: Key Facts of Swelect
Table 8: Key Facts of Tritronics
Table 9: Key Facts of True Power
Table 10: Key Facts of Uniline
Table 11: Key Facts of Arise India Limited

LIST OF FIGURES
Figure 1: Global Inverter Market Size By Value 2019 - 2014 (USD Billion)
Figure 2: Global Inverter Market Size By Value 2015F – 2021F (USD Billion)
Figure 3: Global Inverter Market Size By Volume 2009 - 2014 (Million Units)
Figure 4: Global Inverter Market Size By Volume 2015F - 2021 (Million Units)
Figure 5: Global Inverter Market Average Selling Price 2010 - 2014 (USD)
Figure 6: Global Inverter Market Average Selling Price 2015 - 2021 (USD)
Figure 7: Indian Inverter Market Size By Value 2009 - 2014 (USD Million)
Figure 8: Indian Inverter Market Size By Value 2015F – 2021F (USD Million)
Figure 9: Indian Inverter Market Size By Total Organized Inverter Market 2009 - 2014 (USD Million)
Figure 10: Indian Inverter Market Size By Total Organized Inverter Market 2015F – 2021 (USD Million)
Figure 11: Indian Inverter Market Size By Total Unorganized Inverter Market 2009 - 2014 (USD Million)
Figure 12: Indian Inverter Market Size By Total Unorganized Inverter Market 2015F – 2021F (USD Million)
Figure 13: Indian Inverter Market Size By Total Residential Inverter Market 2009 - 2014 (USD Million)
Figure 14: Indian Inverter Market Size By Total Residential Inverter Market 2015F – 2021F (USD Million)
Figure 15: Indian Inverter Market Size By Organized- Unorganized Residential Inverter Market 2009 - 2014 (USD Million)
Figure 16: Indian Inverter Market Size By Organized- Unorganized Residential Inverter Market 2015F – 2021F (USD Million)
Figure 17: Indian Inverter Market Size By Total Industrial Inverter Market 2009 - 2014 (USD Million)
Figure 18: Indian Inverter Market Size By Total Industrial Inverter Market 2015F – 2021F (USD Million)
Figure 19: Indian Inverter Market Size By Organized- Unorganized Industrial Inverter Market 2009 - 2014 (USD Million)
Figure 20: Indian Inverter Market Size By Organized- Unorganized Industrial Inverter Market 2015F – 2021F (USD Million)
Figure 21: Indian Inverter Market Size By Volume 2009 - 2014 (Million Units)
Figure 22: Indian Inverter Market Size By Volume 2015F – 2021F (Million Units)
Figure 23: Indian Inverter Market Size By Total Organized Inverter Market By Volume 2009 - 2014 (Million Units)
Figure 24: Indian Inverter Market Size By Total Organized Inverter Market By Volume 2015F – 2021F (Million Units)
Figure 25: Indian Inverter Market Size By Total Unorganized Inverter Market By Volume 2009 - 2014 (Million Units)
Figure 26: Indian Inverter Market Size By Total Unorganized Inverter Market By Volume 2015F – 2021F (Million Units)
Figure 27: Indian Inverter Market Size By Total Residential Inverter Market By Volume 2009 - 2014 (Million Units)
Figure 28: Indian Inverter Market Size By Total Residential Inverter Market By Volume 2015F – 2021F (Million Units)
Figure 29: Indian Inverter Market Size By Organized- Unorganized Residential Inverter Market 2009 - 2014 (Million Units)
Figure 30: Indian Inverter Market Size By Organized- Unorganized Residential Inverter Market 2009 - 2014 (USD Million)
Figure 31: Indian Inverter Market Size By Total Industrial Inverter Market By Volume 2009 - 2014 (Million Units)
Figure 32: Indian Inverter Market Size By Total Industrial Inverter Market By Volume 2015F – 2021F (Million Units)
Figure 33: Indian Inverter Market Size By Organized- Unorganized Industrial Inverter Market 2009 - 2014 (Million Units)
Figure 34: Indian Inverter Market Size By Organized- Unorganized Industrial Inverter Market 2009 - 2014 (USD Million)
Figure 35: Indian Inverter Market Share By Value 2009 & 2021F
Figure 36: Indian Inverter Market Share By Region By Value 2009 &2021F
Figure 37: Indian Inverter Market Share By Technology By Value 2009 & 2021F
Figure 38: Indian Inverter Market Share By Technology By Value 2014 & 2021F
Figure 39: Indian Inverter Market Size By Value 2010-2021 (USD Million)
Figure 40: Indian Power Inverter Import Market 2010 - 2014 (USD Million)
Figure 41: Indian Power Inverter Growth Rate in Import Market 2011 - 2014
Figure 42: Indian Power Inverter Export Market 2010 - 2014 (USD Million)
Figure 43: Indian Power Inverter Growth Rate in Export Market 2011 - 2014

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India Power Inverter Market Outlook, 2021

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