Burgeoning Demand of Uninterruptible Power Supply (UPS) in Indian Market
Burgeoning Demand of Uninterruptible Power Supply (UPS) in Indian Market
Most of the industries are out and out dependent upon electricity for their smooth operation. Without reliable power supplies, they can not operate swimmingly or may not even survive for a long. In India, liberalization and industrialization are taking place in full swing and that places colossal demand on the national infrastructure. As a result, the massive demand for constant power occurs, but India's incapacity to produce as much electricity as can meet the demand.
Surge in population is also the other important factor that has multiplied the demand for electricity and it is expected to touch 770 Mtoe (million tonne of oil equivalent) by 2015 and 1299 Mtoe by 2030. It is true that India has the potential to meet the demand of electricity, but plenty of drags and challenges obstruct the production. India has a vast pool of coal, but of poor quality. Renewable energy is promising, however its use is confined. Short reservoir of domestic fuel and gas that compel the nation to import. So the deficit in power supply is inevitable and it is expected that deficit would be terrible in future considering the demand scenario.
In order to bridge the gap between supply and demand, uninterruptible power supply (UPS) plays a pivotal role, therefore the demand of UPS is rocketing across the globe. In case of India, UPS is something sine qua non, because India will be facing one of its worst power crises, If the stipulated target is not achieved. The Indian UPS market is growing fast and offering promising opportunities along with assurance for success for new entrants and existing players tending to leverage their market share. IT (Information Technology) and Telecommunication industries are the prime contributors to the lightning growth and burgeoning demand for UPS in India and assure the consistent demand, because these two industries are slated to expand further.
Indian UPS Industry is heading toward structural change as SME companies especially B2B, E commerce, Digital advertising, communication companies are springing up and all these companies need computers and storage devices, generate a considerable demand for UPS in order to get uninterrupted access to their data base despite the power failure. Small-medium capacity UPS has become the dominating product and the growing demand for large-capacity UPS leads the UPS industry to a new height in India. The advent of foreign manufacturers in Indian UPS industry has obliterated the gray market operators and unorganized producers.
The author is a professional content developer and editor, writes on Industry and Technology, Lifestyle and Art for Communities, Portals, Blogs & Periodicals - Voltage Regulators.
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Burgeoning Demand of Uninterruptible Power Supply (UPS) in Indian Market Anaheim