India Automatic Voltage Stabilizer Market Overview, 2029

India Automatic Voltage Stabilizer Market Overview, 2029

India's Automatic Voltage Stabilizers (AVS) market has developed significantly alongside the country's economic growth and infrastructure expansion. Initially, the demand for AVS was driven primarily by the need to protect sensitive electrical equipment in industrial settings, where voltage fluctuations were common and could lead to costly downtime and damage. As industries modernized and expanded, the importance of voltage stabilization became more pronounced. Over the years, the growing awareness of power quality issues led to increased adoption of AVS across various sectors, including manufacturing, healthcare, and telecommunications. The commercial sector also began recognizing the value of AVS in safeguarding electronic devices and ensuring efficient operations. Electricity Act lays the foundation for the electricity sector in India, promoting the development of a reliable and efficient power supply. It encourages the use of technologies, including AVS, to improve power quality and stability. Bureau of Energy Efficiency (BEE) Regulations is promotes energy conservation and efficiency across various sectors, including industrial and commercial applications. Guidelines issued by the BEE encourage the adoption of energy-efficient technologies, such as AVS, to optimize power usage. This India stabilizers market trend is most visible in the non-metro cities, which have been witnessing high-paced urbanization of late. In fact, major e-commerce portals, such as Flipkart and Amazon, receive 60% of their orders from tier II, III, and IV cities. People in these urban and semi-urban areas are increasingly demanding washing machines, large-screen TVs, ACs, and refrigerators. Tamil Nadu is the largest buyer of voltage stabilizing devices, because its power supply is characterized by frequent voltage fluctuations and power cuts. Microtek Energy Efficient Automatic Voltage Stabilizers provide Protection against Voltage Fluctuations. All Microtek Stabilizers are based on Save Power Technology to give High Performance, Better Reliability during frequent Power Cuts and Voltage Fluctuations.

According to the research report, ""India Automatic Voltage Stabilizer Market Outlook, 2029,"" published by Bonafide Research, the India automatic voltage stabilizer market is anticipated to add to more than USD 600 million by 2024–29. One of the key drivers for growth in the India stabilizers market is the initiatives of the government to assist domestic manufacturing. Such programs mainly focus on making it easier for domestically breed and international industrialists to establish their production plants, warehouses, and R&D centers in the country. Most of the machines within the factory are of such a critical nature that insists on the supply of electricity at constant voltage. This is the reason this market is continually expanding with rapid speed. One of the reasons among many reasons is automatic voltage stabilizers (AVS) inspired by the rise in demand for power supply without interruption, rapid industrialization, and growth in new resources of alternative energy in the Indian market. The continued rise of electronic devices and automation in most sectors has helped in the rise of awareness on voltage regulation so that sensitive equipment is not exposed to fluctuations. Growing government initiatives for power quality improvement and energy efficiency are also some key drivers of this market. For instance, the Bureau of Energy Efficiency's emphasis on energy conservation has led to the induction of a market whereby industries and commercial establishments can have investments in advanced AVS systems that can amortize its power. The ongoing transition towards increasing renewable energies creates fields of action for AVS solutions that contribute to effectively manage the variability of solar and wind power. With growing penetration of renewable energy sources into the grid, this will only increase. Indian manufacturers can develop advanced and innovative Smart AVS technologies, such as those that provide real-time monitoring and control features, for efficiency and better user service.

In the Indian market for Automatic Voltage Stabilizers, single-phase AVS occupies the leading segment. There are a number of factors driving this domination. First and foremost, single-phase stabilizers have wide application in residential and small commercial establishments. These two categories comprise a huge portion of the market. These voltage stabilizers are deployed to protect single-phase electrical appliances such as air conditioners, refrigerators, and television sets from voltage fluctuations, which are common in India due to the inconsistent supply of electricity. Moreover, a single-phase stabilizer is relatively cheap and easy to install compared to its three-phase counterpart, the market hit among price-sensitive consumers. Added to this is the wide network of distribution and availability of single-phase stabilizers across urban and rural areas, which has supported their lead position in the market. The growth of the Three Phase Automatic Voltage Stabilizers segment is quite promising. The increase in demand from the industrial and large commercial sectors, where three-phase power supply is in common use, can be attributed to this growth. The three-phase stabilizers will be in demand for protection against voltage fluctuation of heavy machinery, sensitive equipment, and critical loads to make the operations very smooth and efficient. Growth in this segment will be fuelled by the expanding manufacturing sector, rapid urbanization, and the increasing number of data centers and IT parks in India. Apart from this, growing awareness towards power quality and reduction of equipment downtime are resulting in increased applications of three-phase stabilizers. Government initiatives aimed at improving power infrastructure and boosting manufacturing through initiatives like the 'Make in India' campaign are also likely to augment demand for three-phase stabilizers over the next few years.

The Indian automatic voltage stabilizers market is dominated in terms of market share and revenue generation by the industrial segment. This can be explained by the fact that stable and reliable power supply is very essential in industries to ensure continuity of operations with a minimal quantity of equipment downtime. Industrial machinery and sensitive equipment are very prone to voltage fluctuations, which can cause huge losses in terms of production and maintenance costs. Hence, industries are always looking to invest in high-capacity and robust AVS systems in order to protect their equipment and maintain efficiency. Growing the manufacturing sector through government initiatives such as 'Make in India' further fueled demand for the AVS segment in industries. The commercial sector is expected to show high growth in the AVS market due to the development of commercial infrastructure like offices, shopping malls, hotels, and hospitals. All these infrastructures require stable power for operational purposes included commercial establishments use AVS to protect electrical equipment such as air conditioners, elevators, and sensitive electronic devices from voltage fluctuations. This is also growing because of the growth in IT and retail sectors, along with a rise in the number of data centers. Also, renovation of existing commercial buildings and construction of new, energy-efficient buildings have accelerated the momentum of AVS adoption in this sector. The Residential segment is large but is not growing at the same rate as the commercial segment. For residential purposes, AVS majorly safeguards domestic appliances like refrigerators, air conditioners, and televisions against voltage fluctuations. Demand in this segment is sturdy, with continued urbanization and the rise in the middle-class population. However, growth in the residential sector is relatively slow compared to that of the commercial sector, because the scale of the AVS required is considerably small and the price sensitivity of the residential customer is very high.

The V-Guard Digi 200 voltage stabilizer is a great option if you want to protect big TVs, home theater systems, gaming consoles and more. This stabilizer supports TVs up to 70-inch in size and it includes 3D TVs, LED TVs as well as LED TVs. It also allows you to connect other power-hungry gadgets like gaming consoles, Blu-ray players and more simultaneously, making it a great fit for your home entertainment setup. It has a voltage range of 140V to 295V.This V-Guard voltage stabilizer is a great option that lets you protect high-end TVs, expensive gadgets like gaming consoles and more. The Microtek EM4160+ voltage stabilizer can protect air conditioners up to a capacity of 1.5-ton, making it a good option for many Indian homes. It is a wall-mountable stabilizer and comes with features like auto start and automatic cut off during low or high voltage. It also has a digital display that shows the current voltage level. It works in the range of 160V to 285V.This Microtek voltage stabilizer is a good option if you’re looking to protect your AC. The Microtek EMR2013 is said to come with an auto-start feature and has a digital display. It is said to have an input power range of 130V to 300V. The wide voltage range should allow your refrigerator to function efficiently during power fluctuations. It claims to have a wall mount design that will make it easy to assemble.The Microtek EMR2013 is a suitable option for those looking to protect their refrigerator from power fluctuations.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Automatic Voltage Stabilizer market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type
• Single Phase Automatic Voltage Stabilizers
• Three Phase Automatic Voltage Stabilizers

By End-User
• Industrial
• Commercial
• Residential

By Applications
• Building Automation
• HVAC system
• Industrial (Other Power)
• Power Transmission and Distribution System
• Communication System
• Consumer Electronics
• Others

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Automatic Voltage Stabilizer industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.