Asia-Pacific UPS Market Competition Forecast & Opportunities, 2028

Asia-Pacific UPS Market is anticipated to grow at a steady pace in the forecast period, 2023-2028

The Asia-Pacific UPS Market is anticipated to grow at a steady pace in the forecast period, 2023-2028. The market growth for different UPS systems is anticipated to be driven by the expansion of the renewable energy industry. The hybrid solar UPS can convert solar power into electricity, making it useful for prolonged power outages in rural locations, which is driving the Asia-Pacific UPS Market.

An uninterruptible power supply, or UPS, is a battery backup system that serves as an emergency power source for connected loads in the event that the main power source fails. In order to ensure the orderly shutdown of electrical appliances, this is utilized as a temporary power source. When utilized with hardware systems, an uninterrupted power source can aid in preventing major hardware damage caused by repeated power outages. Many industries, including data centers, businesses, telecoms, and hospitals use UPS on a regular basis.

Industrial Segment Expected to Dominate the Market

The power supply is employed in many industrial settings, such as nuclear power plants, oil rigs, petrochemical plants, pharmaceutical factories, food and beverage sectors, etc. Rugged situations are where the industrial uninterruptible power supply systems are deployed. As in any industrial environment, the loss of AC power may result in hazardous process instability or costly processing system damage. Uninterruptible power supply systems are designed to withstand excessive temperatures and a modest level of non-conductive dust because these locations also have a higher ambient temperature and more contamination in the air. An essential system for ensuring the continuous operation of industrial-grade infrastructure is an uninterruptible power supply. Uninterruptible power supply systems frequently support critical infrastructure in the event of a primary failure. Additionally, the industrial-grade uninterruptible power supply can keep the critical infrastructure powered up until the main power source is restored in the event of a brief power outage thanks to the energy stored in its battery. In the event of a large power outage, the uninterruptible power supply might keep the vital infrastructure component powered up until a second power source, such as generators, could be connected.

Increase in demand for reliable power solutions

The market is anticipated to expand as a result of a significant increase in demand for dependable power solutions that can support large-scale manufacturing facilities. Under abrupt power surges or power loss scenarios, UPS systems enable commercial organizations to operate multiple facilities. The commercial and industrial sectors invest in extra power sources for various major data centers and the telecommunications industry. This is anticipated to have a favorable impact on market expansion. Furthermore, the need for dependable power solutions is anticipated to fuel market expansion as rising economies like China, India, and Japan see significant industrial growth.

Advancement in UPS Battery Systems

New lithium-ion (Li-ion) batteries with a high operating temperature are among the UPS battery system advancements that are anticipated to open up attractive market expansion prospects. Such a UPS battery system works well in large data centers that need a constant power supply while working at high temperatures. In addition, Li-ion batteries last two to three times longer than traditional Valve Regulated Lead Acid (VRLA) batteries.

Market Segmentation

The Asia-Pacific UPS Market is divided into Type, Rating, Application, Sector, Country and competitive landscape. Based on Type, the market is divided into Online, Offline and Line Interactive. Based on Rating, the market is segmented into 5.1kVA-50kVA, less than 5KVA, 50.1kVA-200kVA and Others. Based on Application, the market is divided into Residential, Commercial, and Industrial. Based on Sector, the market is segmented into BFSI, OEM, Solar, Railways, Oil & Gas, Power, Healthcare, IT, Housing, Others.

Market Players

Major market players in the Asia-Pacific UPS Market are Schneider Electric, Microtek International Private Limited, Numeric Power Systems Limited, Eaton Corporation, Fuji Electric, ABP Power Solutions Pvt Ltd, Toshiba Corporation, Delta UPS & Voltage Stabilizers Inc., Zhongshan Hongbao Electrical Manufacturing Co. Ltd., Jiangsu Meibaijia Electrical Manufacturing Co. Ltd.

Report Scope

In this report, the Asia-Pacific UPS Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Asia-Pacific UPS Market, by Type:

• Online
• Offline
• Line Interactive

Asia-Pacific UPS Market, by Rating:

• 5.1kVA-50kVA
• less than 5KVA
• 50.1kVA-200kVA
• Others

Asia-Pacific UPS Market, by Application:

• Residential
• Commercial
• Industrial

Asia-Pacific UPS Market, by Sector:

• BFSI
• OEM
• Solar
• Railways
• Oil & Gas
• Power
• Healthcare
• IT
• Housing
• Others

Asia-Pacific UPS Market, by Country:

• China
• Japan
• India
• South Korea
• Australia
• Vietnam
• Indonesia
• Singapore
• Philippines
• Malaysia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Asia-Pacific UPS Market.

Available Customizations

The following customization options are available for the report:

• Detailed analysis and profiling of additional market players (up to five).

This product will be delivered within 1-3 business days.