DUBLIN--(BUSINESS WIRE)--Jun 8, 2018--The "India Inverter Market By Type (Pure Sine Wave, Modified Sine Wave, and Square Wave), By Application (Residential, Commercial, and Industrial), By Capacity (Up to 2 kVA, 2-10 kVA, and Above 10 kVA), Competition Forecast & Opportunities, 2013-2023" report has been added to ResearchAndMarkets.com's offering.

According to the report, the inverter market is forecast to surpass $694 million by 2023 in India. Anticipated growth in the market can be attributed to increasing demand for power backup solutions across residential, commercial as well as industrial sectors.

Moreover, government's initiatives to improve electrification rate in India coupled with technological developments is further expected to positively influence India inverter market in the coming years. Rising demand from tier 2 and tier 3 cities is expected to further steer growth in India inverter market over the course of next five years.

The report discusses the following aspects of inverter market in India:

Inverter Market Size, Share & Forecast Segmental Analysis - By Type (Pure Sine Wave, Modified Sine Wave, and Square Wave), By Application (Residential, Commercial, and Industrial), By Capacity (Up to 2 kVA, 2-10 kVA, and Above 10 kVA) Competitive Analysis Changing Market Trends & Emerging Opportunities

Companies Mentioned

Luminous Power Technologies Pvt. Ltd. V-Guard Industries Microtek International Private Limited Su-Kam Power Systems Limited Exide Industries Limited Amara Raja Batteries Limited Genus Innovation Limited Arise India Limited Consul Neowatt Power Solutions Private Limited Uniline Energy Systems Private Limited

Key Topics Covered

1. Product Overview

2. Research Methodology

3. Analyst View

4. Voice of Customer

5. India Inverter Market Outlook

6. India Residential Inverter Market Outlook

7. India Commercial Inverter Market Outlook

8. India Industrial Inverter Market Outlook

9. Market Dynamics

10. Market Trends & Developments

11. Price Point Analysis

12. Policy & Regulatory Landscape

13. India Economic Profile

14. Competitive Landscape

15. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/ksgxlv/overview_of_the?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180608005374/en/

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KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING ENGINEERING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/08/2018 09:31 AM/DISC: 06/08/2018 09:31 AM

http://www.businesswire.com/news/home/20180608005374/en