Uninterruptible power supply (UPS) is essential for ensuring continuous, reliable power to electronic devices. It prevents data loss and system downtime during power outages, offering crucial protection for sensitive equipment. UPS systems contribute to business continuity, maintaining operations, and minimizing financial losses. By regulating voltage, UPS extends the lifespan of devices, mitigates power surges, and facilitates safe shutdowns during extended outages. They play a vital role in critical infrastructure, supporting services that require uninterrupted power. UPS adapts to renewable energy integration by providing stability in the face of intermittent power generation.
According to Data Bridge Market Research analyses that the Global Uninterruptible Power Supply (UPS) Market which was USD 6,439.86 million in 2022, is expected to reach USD 10,456.812 million by 2030, and is expected to undergo a CAGR of 6.4% during the forecast period 2023-2030.
"Rise in global power scarcity boosts the market growth"
The global uninterruptible power supply (UPS) market is driven by a rising global power scarcity, particularly impacting data centers crucial for digital services and applications. The increasing dependence on cloud computing and data-intensive operations makes uninterrupted power essential to prevent financial losses and service disruptions. Robust UPS systems are in high demand as a reliable solution for maintaining continuous power supply, safeguarding data infrastructure, and adhering to business continuity standards. This trend emphasizes the need for enhanced power management, energy efficiency, and resilience in the rapidly evolving digital landscape.
What restraints the growth of the global uninterruptible power supply (UPS) market?
“Deployment complexity hampers the market growth”
The global uninterruptible power supply (UPS) market faces a notable constraint due to high deployment complexity arising from technological intricacies, space limitations, and compatibility issues. The pursuit of greater efficiency and increased power capacity drives UPS systems to become more sophisticated, leading to deployment challenges. Additionally, compatibility issues with existing infrastructure further contribute to deployment hurdles.
Segmentation: Global Uninterruptible Power Supply (UPS) Market
The global uninterruptible power supply (UPS) market is segmented on the basis of type, offering, capacity, battery type, data center type, data center size, application, and end user.
- On the basis of type, the global uninterruptible power supply (UPS) market is segmented into on-line double-conversion, line interactive, and passive standby
- On the basis of offering, the global uninterruptible power supply (UPS) market is segmented into solution and services
- On the basis of capacity, the global uninterruptible power supply (UPS) market is segmented into below 500 KVA, 500-1000 KVA, and above 1000 KVA
- On the basis of battery type, the global uninterruptible power supply (UPS) market is segmented into VRLA UPS, lithium-ion UPS, flywheel UPS, and others
- On the basis of data center type, the global uninterruptible power supply (UPS) market is segmented into colocation data center, enterprise data center, cloud and edge data center, and managed data center
- On the basis of data center size, the global uninterruptible power supply (UPS) market is segmented into small, medium, and large
- On the basis of application, the global uninterruptible power supply (UPS) market is segmented into cloud storage, data warehouse, ERP system, file servers, application servers, CRM systems, and others
- On the basis of end-user, the global uninterruptible power supply (UPS) market is segmented into IT and ITeS, BFSI, telecommunications, manufacturing, government and public sector, healthcare and life sciences, and media and entertainment
Regional Insights: North America is expected to dominate the Global Uninterruptible Power Supply (UPS) Market
In the North America region, the U.S. is expected to dominate the high-content screening market due to increased investment and a strong presence of key industry players. The region benefits from a supportive regulatory environment, fostering innovation, and a collaborative ecosystem that accelerates the development and practical application of high-content screening technologies. This positions North America as a central hub for advancements in this field with broad implications for science and medicine.
In the Europe region, Germany is expected to dominate due to rising demand from emerging markets and strategic expansion efforts. Leveraging strong manufacturing and technological capabilities, coupled with a focus on research and development, Germany solidifies its leadership in the region.
In the Asia-Pacific region, China is expected to dominate the market due to its strong position in the electronics industry, efficient manufacturing, and consumer-focused innovation. The country's competitive pricing, technological advancements, and a growing middle class contribute to its leadership in meeting the rising demand for recording technologies in the region.
To know more about the study visit, https://www.databridgemarketresearch.com/ko/reports/global-uninterruptible-power-supply-ups-market
Recent Developments in Global Uninterruptible Power Supply (UPS) Market
- In July 2023, ABB India's Electrification business introduced the MegaFlex DPA UPS solution, an innovative product tailored for Indian data centers. This UPS addresses the surging demand in the industry by offering a reliable and scalable power solution with a reduced footprint, high energy efficiency, and adherence to circularity frameworks, contributing to sustainability in the data center sector
- In May 2023, Delta Electronics, Inc. and IPD collaborated to distribute uninterruptible power supplies (UPS) in Australia. This partnership expands IPD's product portfolio, providing comprehensive solutions across industries. Delta's UPS systems, renowned for their intelligent technology, promise increased reliability and efficiency for customers in the Australian market, reinforcing the commitment to cutting-edge solutions in power management
The Prominent Key Players Operating in the Global Uninterruptible Power Supply (UPS) Market Include:
- ABB (Switzerland)
- Schneider Electric (France)
- Eaton (Ireland)
- Vertiv Group Corp (U.S.)
- Mitsubishi Electric Corporation (Japan)
- N1 Critical Technologies (U.S.)
- Legrand (France)
- Delta Electronics, Inc.(Taiwan)
- Huawei Digital Power Technologies Co., Ltd. (China)
- Toshiba International Corporation (Japan)
- Power Innovations International, Inc. (U.S.)
- SOCOMEC (France)
- Borri S.p.A.(Italy)
- RPS Spa (Italy)
- AEG Power Solutions (Netherlands)
- Fuji Electric Co., Ltd. (Japan)
- Hitachi Hi-Rel Power Electronics Private Limited (India)
- Kohler Co. (U.S.)
- Pillar Power System (Germany)
- Cyber Power Systems Inc. (U.S.)
- Kehua Data Co., Ltd. (China)
- Clary Corporation (U.S.)
- Shenzhen Kstar Science&Technology Co.,Ltd.(China)
- ENERSYS (U.S.)
- Panduit Corp.(U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global uninterruptible power supply (UPS) market companies contact, https://www.databridgemarketresearch.com/ko/contact
Research Methodology: Global Uninterruptible Power Supply (UPS) Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
