The global uninterrupted power supply (UPS) system market size reached US$ 8.1 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 12.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2023-2032.
An uninterrupted power supply (UPS) system is an emergency power backup solution used in case of power failures. It has a short on-battery run-time, which is sufficient for securely shutting down active equipment and devices, such as computers, data centers and television systems. Some of the commonly available UPS systems include voltage and frequency independent (VFI), voltage-independent (VI) and voltage-dependent (VD) systems. They consist of flywheels, batteries and supercapacitors to store the power. In comparison to the traditionally used systems, UPS systems are silent, provide immediate protection against input power interruptions and consistent standby power supply to prevent operational disruption and data loss. As a result, UPS systems are widely used in healthcare centers, electric point of sales (PoS) terminals and telecommunication centers.
2. What is the expected growth rate of the global uninterrupted power supply (UPS) system market during 2024-2032?
3. What are the key factors driving the global uninterrupted power supply (UPS) system market?
4. What has been the impact of COVID-19 on the global uninterrupted power supply (UPS) system market?
5. What is the breakup of the global uninterrupted power supply (UPS) system market based on the type?
6. What is the breakup of the global uninterrupted power supply (UPS) system market based on the rating?
7. What is the breakup of the global uninterrupted power supply (UPS) system market based on the end-user?
8. What are the key regions in the global uninterrupted power supply (UPS) system market?
9. Who are the key players/companies in the global uninterrupted power supply (UPS) system market?
An uninterrupted power supply (UPS) system is an emergency power backup solution used in case of power failures. It has a short on-battery run-time, which is sufficient for securely shutting down active equipment and devices, such as computers, data centers and television systems. Some of the commonly available UPS systems include voltage and frequency independent (VFI), voltage-independent (VI) and voltage-dependent (VD) systems. They consist of flywheels, batteries and supercapacitors to store the power. In comparison to the traditionally used systems, UPS systems are silent, provide immediate protection against input power interruptions and consistent standby power supply to prevent operational disruption and data loss. As a result, UPS systems are widely used in healthcare centers, electric point of sales (PoS) terminals and telecommunication centers.
Uninterrupted Power Supply (UPS) System Market Trends:
The increasing demand for reliable power solutions across industries is one of the key factors driving the growth of the market. UPS systems are widely used for providing uninterrupted power supply to manage large-scale manufacturing facilities and prevent power shortages. Moreover, the widespread adoption of UPS systems across residential and commercial complexes is providing a thrust to the market growth. They aid in protecting smart electronic devices against voltage fluctuations and sudden power outages that can damage the sensitive components of the devices. In line with this, the rising demand for zero power downtime to effectively run information technology (IT) operations is also contributing to the growth of the market. Additionally, various product innovations, such as the integration of lithium-ion (Li-ion) batteries with high operating temperatures, are acting as other growth-inducing factors. In comparison to the traditionally used valve-regulated lead-acid (VRLA) batteries, these novel variants have longer operational cycles and higher efficiency. Other factors, including the increasing requirement for factory automation, along with significant growth in the electronics and telecommunication industries, are anticipated to drive the market toward growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global uninterrupted power supply (UPS) system market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on type, rating and end user.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
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- - The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Toshiba Corporation.
Key Questions Answered in This Report
1. What was the size of the global uninterrupted power supply (UPS) system market in 2023?2. What is the expected growth rate of the global uninterrupted power supply (UPS) system market during 2024-2032?
3. What are the key factors driving the global uninterrupted power supply (UPS) system market?
4. What has been the impact of COVID-19 on the global uninterrupted power supply (UPS) system market?
5. What is the breakup of the global uninterrupted power supply (UPS) system market based on the type?
6. What is the breakup of the global uninterrupted power supply (UPS) system market based on the rating?
7. What is the breakup of the global uninterrupted power supply (UPS) system market based on the end-user?
8. What are the key regions in the global uninterrupted power supply (UPS) system market?
9. Who are the key players/companies in the global uninterrupted power supply (UPS) system market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Uninterrupted Power Supply (UPS) System Market
6 Market Breakup by Type
7 Market Breakup by Rating
8 Market Breakup by End User
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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 and Toshiba Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 139 |
| Published | March 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 8.1 Billion |
| Forecasted Market Value ( USD | $ 12.3 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
