Global Uninterruptible Power Supply (UPS) Market by VA Ranges, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

Global Uninterruptible Power Supply (UPS) Market is valued to reach USD 5.9 Billion by 2025, growing at CAGR of 5.2% over forecast period 2020–2026. Increasing trend towards adoption of UPS systems as an essential power-back up device, surge in number of data centers and rise in demand for power backup solutions.

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The UPS market is taking a leap towards further alliance on a global scale. This global outlook refers to more accessible operational, service, and sales teams for consumers in untapped locations. Moreover, the popularity of green and efficient products has been an important inclusion in product offerings from the vendors. Some of the products offered from the vendors comprise of a continual power system, emergency power system, standby generators, supercapacitors, and backup power system¬–all of these techniques are applied to achieve swift and uninterrupted battery backup at the time of power disruption.

Market Dynamics:

The boom in industrialization, especially the IT industry is expected to be a key factor boosting the market growth.
Rising industrialization is leading to an increase in the need for maintaining sustainable power supplies to avoid system breakouts, which in turn, is propelling the demand for uninterruptible power supply.
Rising focus on implementing efficient and effective power supply at workplaces, households, and others is driving the growth of the market.
High costs associated with the establishment of uninterruptible power supply are restraining market growth.