29 Apr

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UPS System Market Poised to Grow at a CAGR of 7.4% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on UPS System Market. The report presents analysis of global as well as regional markets of ups system market over the period of 2016 to 2024. Uninterruptible power supply (UPS) is a device that allows computers to provide emergency power to the load when there is a failure in the power supply. UPS is used to protect the computers, data centers, telecommunication equipment, or other electrical equipment where an unexpected power disruption could cause injuries, fatalities, serious business disruption, or data loss.UPS systems are now being used in several industries or application to protect any kind of computer networks and controls.

 

Surging demand for data and networking capacity drives the growth of the UPS system market. In addition, demand for more power backup solutions and government initiatives for industrial development and decline in the prices of lithium-ion battery prices are boosting the growth of the UPS system market. However Limited backup facility and the availability of generator incorporates and commercial complexes hinders the growth of the UPS system market  Furthermore, Customer demand for improved reliability and zero downtime has resulted, manufacturers to design more robust components for UPS systems such as electronic switches. This, in turn, is providing several growth opportunities for the key players in the UPS system market over the years to come. On the other hand, Wide acceptance of cloud servers, which packs more power into smaller spaces, is projected to drive the data center uninterruptible power supply market.

 

Among the geographies, North America dominated the global UPS system in terms of revenue. The growth in the North American region is due to the increasing preference for high availability of computing companies that are required to address their data center footprint. Moreover, the requirement for data center facilities and UPS solutions are driving the market growth in the European region. Increasing the data centers in developing countries such as India and China are projected to fuel the growth of the UPS system market over the forecast period. Moreover, Global mobile service providers are constructing mega capacity data centers in these destinations to manage rapidly increasing data traffic. As a result, Asia Pacific is emerging to be a key market for UPS for power backup needs of these establishments. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global ups system market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global ups system market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1827

 

The recent report identified that North America dominated the global ups system market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the ups system market worldwide.

 

The report segments the global ups system market on the basis of kVA Range and Application .

 

Global Ups System Market by kVA Range

·         Less Than 5 KVA

·         5.1-20 KVA

·         20.1-60 KVA

·         60.1-200 KVA

·         Above 200 KVA

 

Global Ups System Market by Application 

·         Data Centre & Facility UPS

·         Industrial UPS

·         Marine UPS

·         Network

·         Server & Storage UPS

·         Workstation & Home UP

·         PC

 

Companies Profiled in the Report

·         Eaton Corporation Plc

·         The Emerson Electric Company,

·         Schneider Electric SE,

·         Uninterruptible Power Supplies Ltd.

·         Riello Electtronica

·         Vertiv Co.

·         General Electric

·         ABB Ltd.

·         Mitsubishi Electric Corporation.

·         Legrand

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.