The article cited AMA's Global Backup Power UPS Market Study explored significant growth with CAGR of 7.6%. According to the report, Rising Development of Solar UPS System is one of the primary growth factors for the market. Growing Need for Consistence Power Supply in Industry Amid Process Automation is also expected to contribute significantly to the Backup Power UPS market. Overall, Telecom and IT applications of Backup Power UPS, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.

AMA’s Analyst on the Global Backup Power UPS Market identified that the demand is rising in many different parts of the world due to "Increasing Infrastructural Developments in Emerging Countries Resulting in Rise in Power Demand ". Furthermore, some recent industry insights like "Recently, in April 2019, power management company Eaton introduced new generation of Eaton 93E UPS. The new product is expected to offer improved efficiency and compact footprint at small and medium sized data centers at reasonably lower cost of ownership." is constantly making the industry dynamic. One of the challenges that industry facing is "Growing Prevalence of Power Shortage and Complexity Involved in Maintenance And Servicing of UPS System"

The Power Rating, such as Less than 1 KVA, is boosting the Backup Power UPS market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Backup Power UPS market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Backup Power UPS market and other related sub-markets covered in the study.

o Key & emerging players in the Backup Power UPS market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Backup Power UPS market size is calculated using market estimation process, the Backup Power UPS market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Backup Power UPS market size has been validated using both top-down and bottom-up approaches.