UPS Market – Global Opportunities and Forecast, 2020-2027

 

The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape.

Top Companies of the UPS Market:

·         Schneider Electric SE

·         Eaton Corporation Plc.

·         Emerson Electric Company

·         Legrand

·         Vertiv Co.

·         ABB Ltd.

·         Luminous Power Technologies

·         Mitsubishi Electric Corporation

·         Su-Kam Power Systems Ltd.

·         Microtek International Private Ltd

·         Hitachi Hi-Rel Power Electronics Pvt. Ltd.,

Drivers of the UPS Market:

The primary factors accelerating the growth of the global UPS market include the rising use of industrial UPS as an emergency system in different industries such as oil & gas, the increasing frequency of power fluctuations, the growing number of data centers and cloud storage utilization. The increasing rate of voltage variations and the growing number of data centers globally will further boost the growth of the global UPS market. Voltage variations cause severe threats in various sectors, such as hospitals & factories. Due to the rising cases of losses caused by regular variations, there is an upsurge in demand for UPS systems as they offer reliable power back up to the device and perform effectively. The rapid technological advancement, increasing adoption of lithium-ion batteries for the UPS system, and growing integration of power sources are some other factors propelling the demand of the market during the forecast period. On the other edge of the spectrum, the high maintenance and installation cost are some factors hindering the growth of the market.

Segmentation of the UPS Market:

By Type:

·         Online UPS

·         Offline UPS

·         Interactive UPS

By Power Rating:

·         Less than 5KVA

·         5.1KVA-50KVA

·         50.1KVA-200KVA

·         Above 200kVA

By Region:

·         North America

o   United States of America

o   Canada

 

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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