July 20, 2020

Global UPS Market by Solution Types, Application Types and Regions- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The global UPS market was valued at approximately USD 4Billion in 2019 and is expected to surpass USD 5.5Billion by 2026, expanding at a CAGR of 5% during the forecast period 2020–2026.

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An uninterruptible power supply or uninterruptible power source (UPS) is an electrical apparatus that provides emergency power to a load when the input power source or mains power fails. A UPS differs from an auxiliary or emergency power system or standby generator in that it will provide near-instantaneous protection from input power interruptions, by supplying energy stored in batteries, supercapacitors, or flywheels. The on-battery run-time 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. It is a type of continual power system. A UPS is typically used to protect hardware such as computers, data centers, telecommunication equipment or other electrical equipment where an unexpected power disruption could cause injuries, fatalities, serious business disruption or data loss.

Market Trends, Drivers, Restraints, and Opportunities:

  • Data center colocation refers to the provisioning of data center space that is required to deploy servers and other computing hardware. The demand for colocation space is witnessing a surge, owing to the increasing data center complexities and the growing reliability and scalability requirements. These colocation facilities need a continuous and reliable power supply for smooth functioning, and UPS systems have provided an efficient and optimal solution to address the need of power demands for the colocation facilities.
  • The initial purchase cost of a UPS system is slightly more, as the they require large cabinets to house the modules that allow expansion. If the enterprise requires 1 unit for its business, an appropriate size may not be available, and this may result in the purchase of cabinets containing multiple modules. Therefore, enterprises are sometimes hesitant to opt for modular UPS systems, and this factor is expected to hinder the growth of the modular UPS market.
  • The rise in data generation and the need to improve the performance of data centers have increased the need for renovating the old data centers. Enterprises are renovating the data centers, as it costs lesser than building new data centers. In addition, it also eliminates short-term issues, such as power shortages, space limitations, and cooling constraints. The increase in the number of data center renovations is expected to boost the growth of the UPS market. Renovating the data centers with modular UPS systems would offer various benefits to end-users, such as reliability, adaptability and scalability, and energy and cost efficiency. Such factors have offered great opportunities to the UPS providers for expanding their businesses in the UPS market.

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Competitive Landscape:

The global UPS market has been fragmented by presence of various regional and global players. Key market players operating in the data center UPS industry include ABB Ltd., Belkin International Inc., Delta Electronics, Eaton Corporation, General Electric Electrical Systems, Huawei Technologies Co., Ltd., Legrand, Mitsubishi Electric, Panduit Corporation, Schneider Electric SE and Vertiv Co., among others. These companies are adopting several market expansion strategies and are increasingly developing advanced solutions to increase revenue and sustain in the data center industry. Market players are offering lithium-ion UPS systems to enhance power and energy efficiency in data centers. In April 2019, Vertiv Co., a provider of services and equipment for data centers introduced HPL lithium-ion battery cabinet for large capacity UPS systems. The cabinet allows connection of up to eight cabinets to a single UPS, helping in customizing redundancy and runtime capacity to the application.

The global UPS market has been segmented on the basis of

Solution Types

  • 50 kVA and below
  • 51–100 kVA
  • 101–250 kVA
  • 251–500 kVA
  • 501 kVA and above

Application types

  • Residential
  • Non-residential

Regions

  • Asia Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America

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  • Our report helps readers decipher the current and future constraints in the UPS Market, and help them formulate optimum business strategies to maximize growth in the market.

Table of Contents

  1. Executive Summary
  2. Assumptions and Acronyms Used
  3. Research Methodology
  4. UPS Market Overview
  5. Global UPS Market Analysis and Forecast by Type
  6. Global UPS Market Analysis and Forecast by Application
  7. Global UPS Market Analysis and Forecast by Sales Channel
  8. Global UPS Market Analysis and Forecast by Region
  9. North UPS Market Analysis and Forecast
  10. Latin UPS Market Analysis and Forecast
  11. Europe UPS Market Analysis and Forecast
  12. Asia Pacific UPS Market Analysis and Forecast
  13. Middle East & Africa UPS Market Analysis and Forecast
  14. Competition Landscape

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