Uninterrupted Power Supply System (UPS) - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Uninterrupted Power Supply System (UPS) Market is accounted for $7.67 billion in 2020 and is expected to reach $12.50 billion by 2028 growing at a CAGR of 6.3% during the forecast period. Factors such as growing industrialization in developing economies and increasing demand for reliable power solutions are driving the market growth. However, the limitations of UPS in protecting heavy appliances from power failure are hampering the growth of the market.
Uninterrupted power supply system is generally used when the conventional power source fails or voltage level drops. In commercial and industrial areas, it is used for few minutes until usual generator systems take over. UPS is widely used in various facilities for power backup.
Based on the type, the online segment is anticipated to expand at a rapid pace during the forecast period which is attributed to its dual conversion design which isolates the load during irregularities in main power supply. By geography, Asia Pacific is going to have high growth during the forecast period owing to the increase in demand for smart meters and fully automated grids in the region.
Some of the key players profiled in the Uninterrupted Power Supply System (UPS) Market include General Electric Company, Schneider Electric SE, Emerson Electric Co, ABB Ltd, Microtek, Luminous Power Technologies, Toshiba International Corporation, Eaton Corporation, Fuji Electric Co Ltd, Legrand, Delta Electronics Inc, Huawei Technologies Co Ltd, SORO Electronics, Consul Neowatt Power Solutions Pvt. Ltd, and Tripp Lite.
• Line Interactive
Power Ratings Covered:
• <5 kVA
• 5-<50 kVA
• 50-200 kVA
• >200 kVA
• DC to DC
• AC to DC
• AC to AC
End Users Covered:
• Energy & Power
• Aerospace and Defense
• Petroleum and Natural Gas
• IT and Communications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.