Industrial Uninterruptible Power Supply Market Scope
Uninterruptible Power Supply (UPS) is a system that supplies power to devices for a fixed amount of tenure without stopping even when there are issues occurring with utility power and other power sources. Similarly, Industrial Uninterruptible Power Supply can moderate such impacts with high-level functionalities and components. These broad administrations incorporate broadened power backup and security against a few power quality issues. Industrial UPS saves refined and critical equipment from unexpected power failures, voltage changes, and other explicit industrial conditions. Such systems include core technological support to cover industrial equipment and offer applications few watts to massive Multi-Mega Watt Parallel UPS installs inclusive of voltage regulations & correction, surge suppression, and harmonic mitigation for the purpose of industry operations. From high amperage-producing cycles to minuscule reinforcement prerequisites, these frameworks can offer effectiveness in each application.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
Key Companies Profiled | Fuji Electric (Japan), Caterpillar (United States), GE Industrial (United States), Active Power (United States), AEG Power Solutions (Netherlands), Eaton (Ireland), Schneider Electric (France), Emerson Network Power (United States), Borri (Italy) and Piller Group (Germany) |
CAGR | 4.3% |
"According to AMA, the Global Industrial Uninterruptible Power Supply market is expected to see growth rate of 4.3% and may see market size of USD10.9 Billion by 2030."The leading players in the market to avail competitive advantage, develop well-proven and highly reliable systems suitable for all types of critical applications. Also, companies are continuously involved in the development of new mechanisms that support the current scenario of technological up-gradation and smoothen the manufacturing process. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Industrial Uninterruptible Power Supply market throughout the predicted period.
Fuji Electric (Japan), Caterpillar (United States), GE Industrial (United States), Active Power (United States), AEG Power Solutions (Netherlands), Eaton (Ireland), Schneider Electric (France), Emerson Network Power (United States), Borri (Italy) and Piller Group (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Gamatronic (Israel), AMETEK Solidstate Controls (United States), ABB (Switzerland), Riello Power (India) and Benning Power Electronics (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Industrial Uninterruptible Power Supply market by Type , by Application (Manufacturing, Discrete Production, HVAC Applications, Lighting, Manufacturing IT, Supervisory Control Applications, Power Industry, Building Power Management, Factory Power Management and Transport Infrastructure Power Management) and Region with country level break-up.
On the basis of geography, the market of Industrial Uninterruptible Power Supply has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In March 2023, Delta has partnered provide related power backup system depend on our solutions to ensure the highest overall safety measures. They also expect us to provide solutions that avoid interrupting regular operations during replacement procedures, while resolving the challenge of creating minimal or zero power interruptions.
In March 2024, Schneider Electric, an energy management and automation solutions provider, has introduced the Back-UPS BE Series – 900 and 1050 VA, expanding its lineup of uninterruptible power supplies (UPS). These units offer increased power capacity, ranging from 900VA to a new 1050VA option.
Influencing Trend:
Government taking initiatives for industrial development and Increased investments to incorporate new technologies across industries
Market Growth Drivers:
Increase in demand for power backup has increased significantly in several industry verticals and Increase in demand for automation in manufacturing
Challenges:
Achieve process efficiency and cost-effectiveness to implement power supply system and Scarcity of power and power storage affects the power-dependent operations
Restraints:
High cost of installation of the industrial uninterruptible power supply system and Complex government rules and regulations regarding industrialization
Opportunities:
Development of power technology framework in emerging countries and Growth of industrial sector in developing countries
Key Target Audience
Industrial Association, Manufacturing Sector, Energy and Power Industry, Original Equipment Manufacturers and Government Regulatory Bodies