Research Report on India Power Inverter`S Market Overview 2015

Market reports on India presents the latest report on “Research Report on India Power Inverter`s Market Overview 2015” http://www.marketreportsonindia.com/energy-utility-market-research-reports-13320/power-inverter-india.html This Report provide it going to help the economy of the country by providing back up of the power whenever needed.

23th Nov 2015, – Navi Mumbai, India: Market reports on India presents the latest report on “Research Report on India Power Inverter`s Market Overview 2015”. The report also reveals the trend in this industry is shifting to hybrid inverters and solar inverter in Indian power inverter market.

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...