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UPS Market: Growth Opportunities to Tap into in 2020-2026

Author : Ronak Bora | Published Date : 2020-09-02 

The global UPS market is slated to foresee a considerable rate of growth in the coming years as the demand for power back-up across commercial, industrial, and residential sectors keeps increasing. The market is witnessing an immense demand for UPS solutions in data centers in recent years. This demand is being ascribed to the increasing incidences of the power outages across data centers, which further leads to a rise in overall capital costs for businesses.

In August 2019, for instance, a Nissan datacenter in Denver experienced a power outage that critically affected its online services for dealers as well as production systems across North America. Such severe incidents lead to firms incurring hefty losses if no preventive measures are taken. This subsequently compels the companies to adopt effective power backup systems to avoid data center downtime.According to a research report global UPS market is likely to surpass a valuation of $14 billion by 2026.

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The online UPS market component segment is set to witness considerable growth as it safeguards the equipment against spikes, power surges, dips, and failures within the data center. Online UPS essentially provides an electrical firewall that exists between the network equipment and the main power, using its double conversion design. 

These systems are witnessing increasing adoption as they can manage the output frequency as well as voltage regardless of the input frequency and voltage, maintaining the productivity of the system. These beneficial characteristics of online UPS market systems have resulted in their elevated adoption across telecom, healthcare, and data center operators to protect the equipment from damage.

Top Key Players In UPS Market are ABB Ltd., Ablerex Electronics Co. Ltd., Arabian Power Electronics Company, Delta Power Solutions Pvt. Ltd., Eaton Corporation, Emerson Electric Co., ENERSYS, Huawei Technologies Co., Ltd., Kstar New Energy, Co., Ltd., Legrand, Microtek International Pvt. Ltd., Mitsubishi Electric Corporation, Riello Elettronica Group, Schneider Electric SE, Siemens AG, SOCOMEC Group S.A., SolarEdge Solution (Gamatronic), Techser Power Solutions Pvt Ltd., Toshiba Corporation and Vertiv Co.

With respect to application, the healthcare industry is creating a high demand for UPS market systems due to the industry’s increased demand for uninterrupted and continuous power supply to operate medical equipment without any hassles. An additional factor pushing product deployment in the sector is the need to safeguard crucial electronic data. 

While healthcare facilities are generally equipped with large-capacity emergency power generators, they, however, take considerable time to provide electricity across a facility. In such cases, a small moment of power disruption could be fatal to patients under critical care and are going through surgery. The integration of UPS market systems allows healthcare facilities to safeguard sensitive and costly equipment from damage that can be caused by power brownouts or voltage surges.

Table Of Content:

 

Chapter 5.   UPS Market, By Component

5.1.  Key trends by component

5.2.  Solution

5.2.1. Market estimates and forecast, 2015 – 2025

5.2.2. Standby (off-line) UPS

5.2.2.1.    Market estimates and forecast, 2015 – 2026

5.2.3. Line interactive UPS

5.2.3.1.    Market estimates and forecast, 2015 – 2026

5.2.4. Online UPS

5.2.4.1.    Market estimates and forecast, 2015 – 2026

5.3.  Services

5.3.1. Market estimates and forecast, 2015 – 2026

5.3.2. Managed

5.3.2.1.    Market estimates and forecast, 2015 – 2026

5.3.3. Professional

5.3.3.1.    Market estimates and forecast, 2015 – 2026

Chapter 6.     UPS Market, By Application

6.1.  Key trends by application

6.2.  BFSI

6.2.1. Market estimates and forecast, 2015 – 2026

6.3.  Data centers

6.3.1. Market estimates and forecast, 2015 – 2026

6.4.  Healthcare

6.4.1. Market estimates and forecast, 2015 – 2026

6.5.  IT & Telecom

6.5.1. Market estimates and forecast, 2015 – 2026

6.6.  Manufacturing

6.6.1. Market estimates and forecast, 2015 – 2026

6.7.  Media & entertainment

6.7.1. Market estimates and forecast, 2015 – 2026

6.8.  Residential

6.8.1. Market estimates and forecast, 2015 – 2026

6.9.  Others

6.9.1. Market estimates and forecast, 2015 – 2026

Chapter 7.     UPS Market, By End-Use

7.1.  Key trends by end-use

7.2.  SMEs

7.2.1. Market estimates and forecast, 2015 – 2025

7.3.  Large enterprises

7.3.1. Market estimates and forecast, 2015 – 2025

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/ups-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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