Dublin, Aug. 30, 2022 (GLOBE NEWSWIRE) -- The "Uninterruptible Power Supply (UPS) Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Uninterruptible Power Supply (UPS) Systems Market to Reach $14.7 Billion by 2026
Growing complexity of ICT infrastructures and widespread deployment of high density computing infrastructures have reduced the tolerance of business processes and systems to power outages. With the potential risk of power failures being IT system breakdown, loss of critical data, inability to provide customer services and business losses, among others, demand for sophisticated power management solutions will remain strong thus benefiting the UPS systems market.
Power issues will therefore continue to remain high on business continuity plans. Growing migration to software as a service (SaaS), IoT, cloud computing and digitization is providing significant impetus to the application of UPS systems in various end-use areas. Rise in adoption of Smart homes and Industry 4.0 further offers new growth opportunities for UPS systems with intuitive design and intelligence. With increased virtualization, data centers have become widespread and critical, resulting in greater demand for UPS systems.
Amid the COVID-19 crisis, the global market for Uninterruptible Power Supply (UPS) Systems estimated at US$11.3 Billion in the year 2022, is projected to reach a revised size of US$14.7 Billion by 2026, growing at a CAGR of 5% over the analysis period.
The U.S. Market is Estimated at $2.2 Billion in 2022, While China is Forecast to Reach $1.7 Billion by 2026
The Uninterruptible Power Supply (UPS) Systems market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2026 trailing a CAGR of 6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.
CyberPower Systems, Inc.
Delta Electronics, Inc.
East Group Co., Ltd.
Eaton Corporation Plc
Emerson Electric Co.
Fuji Electric Co., Ltd.
Guangdong Prostar New Energy Technology Co. Ltd
Huawei Technologies Co. Ltd.
Numeric Power Systems Ltd.
Luminous Power Technologies Ltd
Microtek International Private Ltd
Piller Group GmbH
Shenzhen KSTAR Science and Technology Co., Ltd.
Shenzhen SORO Electronics Co., Ltd
The Mitsubishi Electric Group
Toshiba International Corporation
Vertiv Group Corp
Xiamen Kehua Hengsheng Co., Ltd.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
AI, New Battery Chemistry and Modularity at the Forefront of Technological Innovations
Smart UPS Remains Imperative for Efficient Building Management Systems
Transformer-based UPS Expands Addressable Market
Transformerless UPS Ideal for Compact System Requirements
Online UPS Finds Increased Acceptance in Mid-Sized Applications
Offline UPS: A Standard for PCs & PC Peripherals
Demand for Modular UPS Systems on Rise
Growth in 3 Phase UPS Market Being Steered by Modular Systems
Compact UPS Systems Gain Popularity
UPS Systems Integrated with Advanced Features Proliferate the Market
Battery Management Gains Precedence
IGBT Technology Makes Steady Progress
Green UPS: The New Emerging Concept
IT Sector's Move towards Virtualization Creates High-Growth Opportunities
UPS Systems Become Vital for Modern Data Centers
UPS Emerge as Critical Tool to Prevent Data Center Downtime for Ensuring Business Continuity amidst Changing Landscape
Smart UPS Systems Built on Li-Ion Batteries Present Exciting Opportunities for Data Centers to Leverage Stored, Unused Energy
Edge Computing Gains Traction Creating Growth Opportunities for UPS System Suppliers
Multimode UPS Systems Gain Precedence in Data Center Landscape
The Proliferating Concept of SOHO Augurs Well for Market
UPS Holds Pivotal Role in Enterprise IT
Industrial Entities Rely on UPS for Protection from Power Supply Disturbances
UPS Systems Play a Critical Role in Healthcare Facilities
Hospitals Leverage UPS for Uninterrupted Power Supply
Diagnostics: Another Prominent End-Use in Healthcare Sector
UPS Complements Renewable Energy Supplies
Complex Electronics in Modern Homes Instigate New Demand
Smart Homes Drive Demand for UPS
Carrier-Grade UPS for Telecom Equipment
UPS Market to Benefit from Thriving Sales of Electronic Security Systems
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/dv6zao
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