UPS Market Share Analysis, Cost, Production Value, Price, Gross Margin and Competition Forecast to 2025
(firmenpresse) - Market Highlights
The uninterruptible power supply market is set to witness substantial growth in the next few years attributing to the growing demand of the high-power range systems. In recent time, the trend is towards the adoption of UPS systems, which is considered to be an outstanding power-backup. This is expected to impact market growth by 2025—the forecast period favorably.
The uninterruptible power supply UPS market comprise of the continual power system, emergency power system, standby generators, supercapacitors, and backup power system. These operational techniques hence achieve fast and uninterrupted battery backup at the time of power disruption.
The global uninterruptible power supply ups market held value in the value of USD 7225.7 Million. On top of it, the market revenue pocket, the value of the uninterrupted power supply market is estimated to grow at a higher CAGR during the forecast period by 2025.
Various factors are driving the growth of the uninterrupted power supply market. These factors, in accordance with the Market Research Future (MRFR) report, include growing demand for constant power supply, surging demand for networking capacity and data, growing use of modular UPS systems for its key advantages such as lower cost and lower capacity, and technological advancements. Additional factors pushing the market growth include demand across various industrial verticals such as hospitality, telecom, education, healthcare, government, IT/ITES, plant automation, and BFSI.
On the contrary, the high installation, as well as maintenance cost, are factors that may limit the uninterrupted power supply market over the forecast period.
Segmentation:
The Market Research Future report offers a wide segmental analysis of the uninterrupted power supply (UPS) market share based on application and product type.
Based on product type, the uninterrupted power supply market is segmented into online/double, line-interactive, and off-line/standby conversion. Of these, the offline/standby segment will have the largest share in the market over the forecast period, while the online/double-conversion segment is predicted to grow at the highest CAGR.
Based on applications, the uninterrupted power supply market is segmented into marine, industrial, medical, telecommunication, data center, and others. Of these, the data center market will dominate the market over the forecast period, followed by the telecommunication segment.
Regional Analysis:
According to MRFR’s report on global uninterruptible power supply ups market, the market has spread its substantial share in the major regions of North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
Of these, Asia Pacific represents the largest and the fastest growing market at a higher CAGR over the forecast period. The reasons are expanding industrial sector, business and commercial stores, largely installed digital equipment, adoption of smart factory technologies, growing digital affluence, thriving middle-class population and proliferation of IoT devices in every industry.
Whereas, in North America, the uninterruptible power supply market has generated the highest revenue since 2017 and has secured a leadership position with earning a valuation of USD 7225.7 Million in the global market.
Key Players
Leading players profiled in the uninterrupted power supply market report include Cyber Power Systems Inc, Toshiba Corporation, Delta Electronics Inc., Jeidar Electronics, SORO Electronics, EAST Group Co. Ltd., KSTAR Corporation, Guangdong Zhicheng Champion Group Co. Ltd, ABB, Guangdong Prostar New Energy Technology Co. Ltd., Xiamen Kehua Hengsheng Co. Ltd., Emerson Electric Co., Sendon International Ltd., PowerMan, Beijing Dynamic Power Co. Ltd., Schneider Electric, Zhejiang SANKE Electrical Co. Ltd., AEG Power Solutions, Eaton Corporation, Jiangsu EKSI Electrical Manufacturing Co. Ltd., S&C Electric Company, HongBao Electric Co. Ltd., Active Power Inc., Gamatronic, Baykee, and Socomec.
June 2019: Leading Japan based company, Fuji Electric Co., has announced the news of its acquiring CNPS (Consul Neowatt Power Solutions Pvt Ltd), the maker of UPS systems. CNPS key business entails development, engineering, manufacturing, sales as well as serving of UPSs, off-grid solar inverters, servo voltage stabilizers, and other forms of customized power electronic solutions.
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Datum: 13.04.2020 - 11:48 Uhr
Sprache: Deutsch
News-ID 610496
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