UPS Market Growth, Trends and Forecast 2017 - 2025

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UPS Market to Surge at a Robust Pace In Terms Of Revenue Over 2025 Date: February 24, 2022 Author: Tech News

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The dominance of a handful of large players renders stiff competition in the global UPS market, says Transparency Market Research in a new report. Keen players are striving to launch technologically advanced products to stay competitive in this market which is at a mature stage. Key participants in the global UPS market to name a few are Eaton Corporation Plc., Emerson Electric, Uninterruptible Power Supplies Ltd., Mitsubishi Electric Corporation, Riello Elettronica, Schneider Electric SE (APC), Legrand, Vertiv Co., and ABB Limited. Download Sample Report: https://www.transparencymarketresearch.com/sample/sample.php? ag=S&rep_id=30995 A report by Transparency Market Research envisages the global UPS market

to peg a CAGR of 7.5% between 2017 and 2025, for the market to become worth US$9,881.9 mn by the end of 2025 from US$5,201.9 mn in 2016.Follow Data center and facility application segment led the UPS market in 2016 in terms of revenue. Going ahead, the segment is expected to clock a signi cant 7.5% CAGR between 2017 and 2025. Based on kVA range, in 2016, 20.1-60 kVA range segment accounted for the leading revenue contribution mainly because of its high adoption in data centers. On the other hand, the segment of less than 5kVA segment is predicted to expand at a signi cant CAGR from 2017 to 2025. Geography-wise, Europe followed by North America were the leading revenue generating regions in 2016. These regions are expected to hold on to maintain their positions over the forecast period. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? ag=B&rep_id=30995 Generation of Massive Volume of Mobile Data Bene ts Market Majorly fuelling the global UPS market is the increasing frequency of power uctuations and growth in the number of data centers and cloud storage utilization capacity. Natural causes, short circuits as well as manmade outages are some of the key factors for power uctuations that can cause equipment degradation over a period of instantaneous loss of data stored on the equipment. This necessitates power backup, especially in emerging economies that do not have reliable energy infrastructure. Power backup in small and large scale industries protects sensitive equipment from getting damaged in the event of uctuations in the power grid. UPS systems are crucial for hospitals wherein power uctuations can put patients’ life in danger. UPS systems are also crucial for factories to prevent accidents,

loss of downtime. At present, expansion of wireless internet connectivity and the incessant penetration of smartphones have led to generation of massive volumes of data thus leading to the need for mega capacity data centers. Data centers require continuous power supply to protect operational data, IT equipment and to keep cooling systems running. Emerging economies such as China and India have emerged as preferred destinations for setting up data centers due to the advantage of reliable infrastructure at low costs. Global mobile service providers are constructing mega capacity data centers in these destinations to manage rapidly-increasing data traf c. As a result, Asia Paci c is emerging to be a key market for UPS for power backup needs of these establishments. Lastly, advancements in UPS systems leading to the development of transformer-less UPS, lithium-ion technology and modular UPS are expected to positively in uence the market’s growth. Get COVID-19 Analysis @ https://www.transparencymarketresearch.com/sample/sample.php? ag=covid19&rep_id=30995 High Installation and High Maintenance Costs Crimps Growth However, high installation and maintenance cost of UPS is proving to be a challenge to the market’s growth. Nonetheless, market players are striving to add exible, energy ef cient and high load capacity features in UPS. The review presented here is based on the ndings of a report by Transparency Market Research, titled “UPS Market (Application – Data Centre & Facility UPS, Industrial UPS, Marine UPS, Network, Server & Storage UPS, PC, and Workstation & Home UPS; kVA Range – Less than 5 kVA , 5.1-20 kVA , 20.1-60 kVA , 60.1-200 kVA , and Above 200 kVA ) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

2025.” The global UPS market is segmented as follows: The UPS Market, By Application Data Centre & Facility UPS Industrial UPS Marine UPS Network, Server & Storage UPS PC, Workstation & home UPS Others The UPS Market, By KVA Range Less than 5 kVA 5.1-20 kVA 20.1-60 kVA 60.1-200 kVA Above 200 kVA Enquiry Before Buying : https://www.transparencymarketresearch.com/sample/sample.php? ag=EB&rep_id=30995 About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. Our experienced team of

Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail exible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the uni ed market intelligence engine. Sign Up for a 7 day free trial! Contact Transparency Market Research USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Blog: https://tmrblog.com/ Follow Us: Twitter | LinkedIn