UPS (Uninterruptible Power Supply) Market Forecast from 2017 till 2025
Uninterruptible Power Supply (UPS) is a device that is used in various sectors such as commercial, residential, and industrial sectors for providing an instant electricity backup for the purpose of power breakdown. The three general categories of modern UPS systems are line-interactive, online, and standby.
Below 1 KVA UPS is mainly installed with desktop PCs for providing backup power to the system. Moreover, its rating is more cost effective than any other types of UPS, which is leading to their higher adoption. In recent years, a fuel cell UPS has been developed using hydrogen and a fuel cell as a power source, mainly providing long run times in a small space. Nowadays, the incessant penetration of smartphones and expansion of wireless internet connectivity have led to the generation of enormous volumes of data, thus resulting in the need for mega capacity data centers.
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Data centres need a constant power supply for protecting the operational data, IT equipment, and to keep cooling systems running. Most UPS of this category are of the line-interactive or standby variety that is generally less costly. The on-battery runtime of most uninterruptible power sources is relatively short (only a few minutes) but sufficient to start a standby power source or properly shut down the protected equipment.
The growth in the number of data centers, increasing frequency of power fluctuations, and cloud storage utilization capacity are the factors fuelling the UPS Market. Furthermore, short circuits, natural causes, as well as manmade outages, are some of the other key factors for power fluctuations. This necessitates power backup, especially in promising economies that do not have reliable energy infrastructure.
However, maintenance cost and high installation of UPS are proving to be a challenge to the market’s growth. The market is anticipated to grow due to rising power shortages across the globe, as well as growing awareness towards the need for backup power, in the coming years.
The global UPS Market is segmented on the basis of the region covering North America, Asia Pacific, Europe, and LAMEA. In Asia-Pacific, emerging economies such as India and China have emerged as preferred destinations for setting up data centers due to the advantage of reliable infrastructure at low costs. To manage rapidly-increasing data traffic, global mobile service providers are constructing mega capacity data centers in these destinations. Hence, Asia Pacific is considered to be an emerging market for UPS for power backup needs of these establishments.
On account of implementation of stringent government policies and increasing SMB IT investments in the region of North America and LAMEA, the demand for UPS systems is anticipated to increase, globally. North America and Europe are anticipated to account for the largest share of the market, in terms of market revenue.
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Riello Electtronica, Schneider Electric SE, Eaton Corporation Plc., Uninterruptible Power Supplies Ltd., The Emerson Electric Company, Vertiv Co., Mitsubishi Electric Corporation, General Electric, Legrand, ABB Ltd., Emerson Electric, and others.
Industrial UPS Uninterruptible Power Supply systems can mitigate such effects with advanced features and functionalities. These wide services comprise of protection against several power quality issues and extended power back up.
Data Centre Response Ltd, one of the UK’s leading providers of power protection solutions, has acquired UPS Systems plc., in April 2016. This acquisition brings together two strong businesses, both providing areas of expertise that complement each other for enhancing the offerings of both companies.
UPS market segmentation:
• Network, Server & Storage UPS
• Data Centre & Facility UPS
• Industrial UPS
• Marine UPS
• PC, Workstation & home UPS
By KVA Range:
• Less than 5 kVA
• 5.1-20 kVA
• 20.1-60 kVA
• 60.1-200 kVA
Rest of Europe
Rest of Asia Pacific
Rest of LAMEA
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