Market Forecast By Types (Low Voltage Power Converter, High Voltage Power Converter), By Applications (Electronics, Power Utility, Transportation Infrastructure, Industrial, Telecommunication Infrastructure & Others) And Competitive Landscape
According to 6Wresearch, India Power Converter Market size is anticipated to register growth during 2020-26. The Indian market is expected to register a decline in demand during 2020, due to global pandemic COVID-19, which has led to an economic slowdown in the country affecting the government investment and infrastructure projects in the country. However, the market is expected to regain momentum by the first half of 2021. Based on types, high voltage power converters accounted for a leading share of market demand owing to high installation in the power utility sector. Based on applications, the telecom infrastructure segment accounted for a leading share of market revenue pie owing to the high deployment of power converters.
Key Highlights of the Report:
- India Power Converter Market Overview
- India Power Converter Market Outlook
- India Power Converter Market Forecast
- Historical Data of India Power Converter Market Revenues & Volume for the Period 2016-2019
- Historical Data of India Power Converter Market Revenues & Volume, By Types, for the Period 2016-2019
- Market Size & Forecast of India Power Converter Market Revenues & Volume, By Types, Until 2026
- Market Size & Forecast of India Power Converter Market Revenues & Volume, By Applications, Until 2026
- Market Drivers and Restraints
- India Power Converter Market Price Trends
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