The modular uninterruptible power supply (ups) global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Modular Uninterruptible Power Supply (UPS) Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The modular uninterruptible power supply (ups) market size has grown strongly in recent years. It will grow from $3.88 billion in 2023 to $4.22 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increased reliability, energy efficiency, telecommunications expansion, green initiatives, scalability.
The modular uninterruptible power supply (ups) market size is expected to see strong growth in the next few years. It will grow to $5.87 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to data center growth, ups redundancy, renewable energy integration, cybersecurity concerns, remote work infrastructure. Major trends in the forecast period include 5g expansion, edge computing, electrification of vehicles, microgrids, hybrid and modular solutions.
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Scope Of Modular Uninterruptible Power Supply (UPS) Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Modular Uninterruptible Power Supply (UPS) Market Overview
Market Drivers –
An increasing number of data centers is contributing to the modular uninterruptible power supply (UPS) market growth. The upcoming and existing data centers are being provided with modular uninterruptible power supply (UPS) market to attain higher standardization, greater flexibility, and expandability. Data centers are also being assisted with modular UPSs for ensuring continuous and reliable power supply and support of the systems during power outrage. For instance, According to MarketSplash, a US-based digital marketing, design, and internet publishing service company, Europe had 1240+ data centres at the end of 2022, and there are around 8,000 data centre locations globally. Therefore, the increasing number of data centers is expected to propel the growth of the modular uninterruptible power supply (UPS) market.
Market Trends –
The modular uninterruptible power supply (UPS) manufacturers are developing innovative products to meet the future infrastructure development trend and demand from modular data centers. For instance, in January 2021, Huawei, a China-based provider of information and communication technology (ICT) and smart devices launched next-generation of large- and medium-sized UPS5000-H series products which are part of the ultra-high density UPS series. The modular UPS has a high-capacity configuration of a 1Mmega watt power cabinet with the installation of 10 modular UPS 100KW@ 3U in one cabinet.
The modular uninterruptible power supply (ups) market covered in this report is segmented –
1) By Product Type: Online Or Double-Conversion, Line-Interactive, Off-line Or Standby
2) By Power Capacities: 0 – 50 kVA, 51 – 100 kVA, 101 – 300 kVA, 301 and Above kVA
3) By End-User: Data Centers, Industrial, Telecommunication, Commercial, BFSI, Government, Other End-Users
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Regional Insights –
North America was the largest region in the modular uninterruptible power supply (UPS) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the modular uninterruptible power supply (ups) market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the modular uninterruptible power supply (ups) market include ABB Group, Eaton Corporation plc., Chneider Electric SE, Huawei Technologies Co. Ltd., Delta Electronics Inc., AEG Power Solutions B.V., Liebert Corporation., Emerson Electric Co., Rittal GmbH & Co. KG, Toshiba International Corporation (TIC), Gamatronic Electronic Industries Ltd., General Electric Company., Mitsubishi Electric Corporation, Riello Elettronica Group., CyberPower Systems Inc., Socomec Group, Borri Industrial Power Solutions, Falcon Electric Inc., KSTAR Corporation., Legrand SA, Uninterruptible Power Supplies Ltd., Advanced Energy Industries Inc., AMETEK Inc., Fuji Electric Co. Ltd., Kohler Co., Mitsubishi Electric Power Products Inc., Piller Power Systems Inc., S&C Electric Company.
Table of Contents
- Executive Summary
- Modular Uninterruptible Power Supply (UPS) Market Report Structure
- Modular Uninterruptible Power Supply (UPS) Market Trends And Strategies
- Modular Uninterruptible Power Supply (UPS) Market – Macro Economic Scenario
- Modular Uninterruptible Power Supply (UPS) Market Size And Growth
…..
- Modular Uninterruptible Power Supply (UPS) Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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