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Proliferation Of Digital Devices Have Encouraged Uninterruptible Power Supply UPS Market By USD 7,225.7 Million By 2025

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Proliferation Of Digital Devices Have Encouraged Uninterruptible Power Supply UPS Market By USD 7,225.7 Million By 2025

August 27
07:57 2019
Proliferation Of Digital Devices Have Encouraged Uninterruptible Power Supply UPS Market By USD 7,225.7 Million By 2025

Uninterruptible Power Supply (UPS) Market
Uninterruptible Power Supply (UPS) Market Research Report by Product Type (Off-line/standby, Line-interactive, Online/double-conversion, and Others), Application (Telecommunication, Data Centre, Data Center, Medical, Industrial, and Others), and Region (North America, Europe, APAC, and RoW)-Global Forecast to 2025

Market Highlights

The uninterruptible power supply market is set to witness substantial growth in the next few years attributing to the growing demand of the high-power range systems. In recent time, the trend is towards the adoption of UPS systems, which is considered to be an outstanding power-backup. This is expected to impact market growth by 2025—the forecast period favorably.

The uninterruptible power supply UPS market comprise of the continual power system, emergency power system, standby generators, supercapacitors, and backup power system. These operational techniques hence achieve fast and uninterrupted battery backup at the time of power disruption.

The global uninterruptible power supply ups market held value in the value of USD 7225.7 Million. On top of it, the market revenue pocket, the value of the uninterrupted power supply market is estimated to grow at a higher CAGR during the forecast period by 2025.

The current scenario is also witnessing a growing trend of these systems as an essential power backup device for performing more effectively and efficiently. The market of global uninterruptible power supply ups is also fostering with higher CAGR by technological advancement and availability of data center rack solutions.

Furthermore, the UPS market is expected to witness constant demand across several industry verticals such as BFSI, plant automation, IT, government, healthcare, education, telecom, and hospitality. Apart from this, few of the noteworthy trends fueling the growth in the market include, development of smaller lighter and more powerful UPS systems, the rising eminence of transformer-based UPS systems, and growing commercial value of modular UPS systems in complex IT environment as government, corporate, education and healthcare sectors.

On such an advantageous aspect of the UPS system, there have been continuous technology developments that are primarily focused on adaptability, availability, manageability, serviceability, and safety. It is estimated that these factors will continue to remain the prevailing theme for long term success in the market.

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Major Key players

  • SORO Electronics
  • Socomec
  • Xiamen Kehua Hengsheng Co. Ltd.
  • Emerson Electric Co.
  • Beijing Dynamic Power Co. Ltd.
  • Schneider Electric
  • Guangdong Prostar New Energy Technology Co. Ltd.
  • PowerMan
  • Zhejiang SANKE Electrical Co. Ltd.
  • KSTAR Corporation 

Segmentation:

The global uninterruptible power supply ups market in MRFR’s report has been segmented by product type and by application type.

By mode of product type, the market segment includes offline and standby, line interactive and online and double-conversion.

By mode of application type, the market segment includes telecommunication, data center, medical, industrial, marine, and others.

 Regional Analysis:

According to MRFR’s report on global uninterruptible power supply ups market, the market has spread its substantial share in the major regions of North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.

Of these, Asia Pacific represents the largest and the fastest growing market at a higher CAGR over the forecast period. The reasons are expanding industrial sector, business and commercial stores, largely installed digital equipment, adoption of smart factory technologies, growing digital affluence, thriving middle-class population and proliferation of IoT devices in every industry.

Whereas, in North America, the uninterruptible power supply market has generated the highest revenue since 2017 and has secured a leadership position with earning a valuation of USD 7225.7 Million in the global market.

Industry News

  • May 2017: Kohler Co. acquired Pure Power Systems from Dublin, an independent service provider and distributor of uninterruptible power supply systems with an aim to enhance the UPS services in the U.K. Also, integrated cloud data storage solution provider and Piller Power Systems Technology have concluded one deal to establish its new campus in India to benefit in easy maintenance, high scalability, and high availability.

 

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