About Uninterruptible Power Supply
The global uninterruptible power supply market is expected to witness a significant growth over the forecast period owing to increasing demand of the high power range systems and technological advancement and the availability of data center rack solutions. The uninterruptible power supply is a device which provides backup power when utility power fails, either long enough for critical equipment to shut down elegantly so that no data is lost, or long enough to keep necessary loads operational until a generator comes online. However, the high cost of installation and maintenance of uninterruptible power supply is hampering the market growth.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | North America |
Unit | Value (USD Billion) |
CAGR | 4.2% |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Uninterruptible Power Supply market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ABB (Switzerland), Mitsubishi Electric (Japan), Caterpillar Inc. (United States), AMETEK Solidstate Controls (United States), Eaton Corporation (Ireland), Schneider Electric (France), AEG Power Solutions (Netherlands), Benning Power Electronics (United States), Borri S.p.A. (Italy) and Fuji Electric (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Riello UPS (Italy), Piller Group (Germany), Cyber Power Systems (United States) and Falcon Electric (United States).
Segmentation Overview
AMA Research has segmented the market of Global Uninterruptible Power Supply market by Type (Single-Conversion Systems, Double-Conversion Systems and Multi-Mode Systems) and Region.
On the basis of geography, the market of 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). If we see Market by Design, the sub-segment i.e. Standby will boost the Uninterruptible Power Supply market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Uninterruptible Power Supply market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. BFSI will boost the Uninterruptible Power Supply market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Essential Power Back-Up Devices
Market Growth Drivers:
Increasing Demand of the High Power Range Systems and Technological Advancement and the Availability of Data Center Rack Solutions
Challenges:
Require More Power than the Demand of the Attached Equipment
Restraints:
High Installation and Maintenance Cost
Opportunities:
Government Initiatives for Industrial Development
Market Leaders and their expansionary development strategies
On Jun 20, 2019 - Fuji Electric Co., Ltd., announced that, in order to expand its power electronics systems business in India, it has entered into an agreement with Peepul Capital Fund III LLC and the individual shareholders to acquire the entire shares of Consul Neowatt Power Solutions Private Limited (CNPS), a major power electronics manufacturer in the country.
On July 12, 2019 - Cyber Power Systems (USA), Inc., a leader in power protection and management products, released two new models of professional-grade Smart App Online UPS systems.
Key Target Audience
Manufacturers of Uninterruptible Power Supply, Suppliers of Raw Materials, Distributors, and Retailers of Uninterruptible Power Supply, Electronic Industry, IT Industry, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.