Offline & Standby UPS Market To Witness High Growth In Near Future.

The global offline & standby UPS market is expected to register a substantial CAGR during the forecast period, 2020–2027. The growth of the market can be attributed to the rising power failure and cut problems across industries and wide availability of advanced offline & standby UPS devices globally. Meanwhile, the market growth is expected to decline at a certain extent between 2019 and 2020 owing to the negative impact of COVID 19 pandemic on the global offline & standby UPS market.