According to the new market research report by IMARC Group “Uninterrupted Power Supply (UPS) System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global uninterrupted power supply (UPS) system market reached a value of US$ 7.36 Billion in 2021. Auninterrupted power supply system (UPS), also known as a battery backup, is extensively used as an emergency power backup solution in cases of power failures or voltage level drops. It provides sufficient electricity to safely shut down active devices and equipment, such as data centers, computers, and television systems. The commonly available UPS systems include voltage-independent (VI), voltage-dependent systems (VD), and voltage and frequency independent (VFI) systems. They are largely used across telecommunication centers, healthcare centers, and electric point of sales (PoS) terminals.
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The global UPS system market is primarily driven by the rising demand for reliable power solutions to support manufacturing facilities, along with the increasing product demand in the commercial and residential sectors. Apart from this, the increasing requirement for zero power downtime to efficiently run information technology (IT) operations and the widespread integration of lithium-ion batteries with UPS are also creating a positive outlook for the market. Looking forward, IMARC Group expects the market to reach US$ 10.09 Billion by 2027, exhibiting at a CAGR of 4.6% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global uninterrupted power supply (UPS) system market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, rating and end user.
Top Market Players in the Industry:
- ABB Ltd.
- AEG Power Solutions B.V. (3W Power S.A.)
- CyberPower Systems Inc.
- Delta Electronics Inc.
- Eaton Corporation
- Emerson Electric Co.
- Hitachi Hi-Rel Power Electronics Private Limited (Hitachi Ltd.)
- Huawei Technologies Co. Ltd.
- Legrand
- Microtek International Inc.
- Schneider Electric SE
- Shenzhen SORO Electronics Co. Ltd.
- Socomec
- Toshiba Corporation.
Breakup by Type:
- Online
- Offline
- Line Interactive
Breakup by Rating:
- <5KVA
- 5-<50 KVA
- 50-200 KVA
- >200 KVA
Breakup by End User:
- Residential
- Industrial
- Commercial
On the basis of region, the market is divided into:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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