Global Uninterrupted Power Supply System Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

UPS technology ensures businesses and individuals retain power during an outage

• Uninterrupted Power Supply (UPS) systems provide backup power in case of a power outage or voltage fluctuations. A UPS system typically consists of a battery backup, which provides power to electronic devices when the main power source fails. UPS systems are commonly used in many settings, including homes, businesses, hospitals, data centers, and other critical facilities that require an uninterrupted power supply.
• Cloud computing involves delivering computing services such as storage, software, and processing power over the Internet. Cloud data centers require significant power to operate and are typically housed in extensive facilities that house thousands of servers, networking equipment, and storage devices. UPS systems are essential for cloud data centers as they provide backup power in a power outage, ensuring that critical operations and services can continue uninterrupted. UPS systems also protect against power surges and voltage fluctuations, which can damage or destroy electronic equipment. As cloud computing grows and more companies move their operations to the cloud, the demand for UPS systems also increases. In addition, the adoption of edge computing, which involves bringing computing resources closer to the end-users, is also expected to drive demand for UPS systems as more data centers are built in remote locations where the power supply may be less reliable.
• However, Batteries in UPS systems have a limited lifespan and may need to be replaced every few years. Also, these batteries can be sensitive to high temperatures, which can cause them to degrade more quickly. If the batteries are not maintained properly, they may fail prematurely; due to these reasons, batteries become one of the most common issues and constraints in UPS systems which hamper the growth of the UPS system market. Besides this, the primary limitation of UPS systems for heavy appliances is their limited capacity. Heavy appliances require a lot of power to operate, and a UPS system may not be able to provide enough backup power to keep them running for an extended period. This limitation creates a challenge for market growth.
• Technological advancements in UPS battery systems, such as lithium-ion (Li-ion) batteries with longer life compared to Valve Regulated Lead Acid (VRLA) with higher operating temperatures, are expected to create opportunities for the market. UPS systems can also be installed as a backup system when the electricity grid fails and are expected to provide growth opportunities in the forecast period.

Market Segmentations

• The Global Uninterrupted Power Supply System Market is segmented based on Type, kVA Range, applications, and Geography.
• By Type, the market is classified into Standby UPS Systems, Online UPS Systems, and Line-interactive UPS Systems.
• Online UPS System is growing fast in the forecasting period. It provides a continuous and stable power supply, even during power outages or fluctuations. It has superior voltage regulation capabilities compared to other types of UPS systems. It can protect the connected equipment from power surges, spikes, and other electrical disturbances. This can prevent damage to sensitive equipment and reduce the risk of downtime. Due to this advantage, the demand for online UPS is increasing.
• By kVA Range, the market is classified into < 5 kVA, 5-50 kVA, 50-200 kVA, and >200 kVA.
• The demand of >200 kVA is increasing during the forecasting period. As businesses increasingly rely on technology for their day-to-day operations, the need for reliable power protection and backup systems grows. Larger organizations with more extensive IT infrastructure may require UPS systems with a capacity of over 200 kVA to ensure that their critical systems remain operational during a power outage. Some industries, such as healthcare and finance, have stringent regulatory requirements for data protection and business continuity. These organizations may require UPS systems with a capacity of over 200 kVA to comply with these regulations.
• By applications, the market is classified into Commercial UPS, Industrial UPS, Marine UPS, and Residential UPS.
• The industrial UPS segment is growing the fastest in the forecasted period. Uninterruptible power supplies are used in vast applications, including chemical engineering, energy & power generation, mechanical & electrical engineering, metal & mining, oil & gas, transportation, etc. Many industrial processes and equipment rely heavily on computers and other electronic devices that require a stable and reliable power source. Hence there is a growing need for industrial UPS systems to provide backup power in the event of a power outage or other power quality issue.
• By Geography, the market is classified into the Americas, Europe, Middle-East & Africa, and Asia-Pacific.
• The Asia-Pacific region is the fastest-growing in the forecasting period. The Asia-Pacific (APAC) region is a significant market for UPS systems in terms of production and consumption. The region is home to several emerging economies. The manufacturing sector is one of the major contributors to the economy. China is the largest hub of the manufacturing sector. Japan, India, South Korea, and Indonesia are also a few of the major contributors from Asia-Pacific. In contrast, countries like Vietnam, Malaysia, and Singapore are also expected to increase their share during the forecast period.

Recent Development

• Schneider Electric SE announced the enhanced EcoStruxure Service Plan for 10-40 kVA Three-Phase Uninterrupted Power Supply products. - July 2022
• Mitsubishi Electric Corp. announced that its U.S. subsidiary Mitsubishi Electric Power Products, Inc. had acquired all shares of Computer Protection Technology, Inc. - February 2022

Company Profiles

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, Luxemburg, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle-East and Africa (Egypt, Israel, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

Ansoff Analysis

• The report presents a detailed Ansoff matrix analysis for the Global Uninterrupted Power Supply System Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
• The publisher analyses the Global Uninterrupted Power Supply System Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
• Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Uninterrupted Power Supply System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The research report also provides a detailed market size analysis and projections in volume and value terms. The projections are calculated using verified research methodologies.
• Excel data sheet for the market size will also be provided with the report.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
• The report includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report includes Self-Assessment Form, which helps customers evaluate their position in the market compared to their competitors.
• The report offers customized research - tailored uniquely to our customers with a quick turnaround time. We offer a 15% customization option at no extra charge to all our clients for any of our syndicated reports.

Report Highlights:

• A complete analysis of the market, including the parent industry
• Important market dynamics and trends
• Impact Analysis - a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment.
• Market segmentation
• Competitive Analysis: Comparative analysis of competitor
• Historical, current, and projected size of the market based on value and volume
• Market size of the US states
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market