Uninterrupted Power Supply Market Report By Insights, Size, and Growth - 2031

The market for uninterrupted power supply (UPS) is projected to grow significantly, reaching a value of US$ 17.52 billion by 2031, up from US$ 10.82 billion in 2023, reflecting a compound annual growth rate (CAGR) of 6.2% during the period from 2023 to 2031.

The uninterrupted power supply market report categorizes the market into several regions: North America (including the US, Canada, and Mexico), Europe (covering Spain, the UK, Germany, France, Italy, and other European nations), Asia Pacific (which includes South Korea, China, India, Japan, Australia, and the rest of the Asia Pacific), the Middle East & Africa (comprising South Africa, Saudi Arabia, the UAE, and other countries in the region), and South & Central America (including Brazil, Argentina, and other nations in the region). In 2023, North America exhibited a notable growth rate, attributed to its advanced industrial and economic landscape. The region has seen a substantial establishment of data centers, a trend expected to continue. For example, Microsoft revealed plans in 2023 to invest US$ 500 million in developing a hyperscale cloud computing and AI infrastructure in Quebec, aiming to enhance the region's innovation economy and create high-value employment opportunities. Additionally, in 2024, Amazon's AWS announced a US$ 5 billion investment to build multiple data centers in Mexico to meet the rising demand for cloud computing services. According to Reuters, AWS Mexico's CEO, Ruben Mugartegui, indicated that the new facilities would be located in Queretaro and that the investment would be spread over 15 years, having been in development for over five years. Furthermore, the increasing investment in smart grid technologies in North America is driving the demand for uninterrupted power supply systems. In 2023, the Department of Energy allocated US$ 3.5 billion in grants aimed at enhancing wind and solar power capacity, reinforcing power lines against severe weather, integrating batteries and electric vehicles, and developing microgrids to maintain power during outages. The report identified 58 projects across 44 states in the US that are eligible for federal funding, with total investments expected to exceed US$ 8 billion, supported by state and local governments, utilities, and industry partners. This government initiative is anticipated to significantly boost market growth in the region.

The analysis of the Uninterrupted Power Supply market has been structured around several key segments: type, rating, and end user.

In terms of rating, the market is divided into three categories: up to 50 kVA, between 50 and 100 kVA, and above 100 kVA. The up to 50 kVA UPS systems are designed to connect between the mains and critical loads, providing high-quality power. For instance, a 20 kVA UPS utilizing insulated-gate bipolar transistor (IGBT) technology offers battery backup and AC power protection against various power disturbances. These systems are essential for medical facilities, large data centers, and educational institutions, delivering efficiency that is crucial for low-maintenance, long-term power solutions. The up to 50 kVA UPS systems are compatible with lithium-ion batteries, which are significantly smaller and have a longer lifespan compared to traditional valve regulated lead-acid (VRLA) batteries, resulting in cost savings on space and battery replacements. These systems are commonly utilized in small offices, network closets, and point-of-sale environments.

Additionally, the growing demand for UPS systems in smart buildings is propelling the growth of the uninterrupted power supply market. The emergence of smart UPS systems is expected to introduce new trends in the market in the near future.

By end user, the market is categorized into several sectors, including data centers, telecommunications, healthcare, industrial applications, and others. UPS systems are extensively employed in data centers, where they protect critical equipment throughout the facility. These systems feature dual bus capabilities and redundant configurations, ensuring that essential systems remain operational during power disruptions caused by noise interference, brownouts, sags, surges, or complete outages. Modular configurations allow for a fully redundant power and control system that can be tailored to meet the specific capacity needs of the protected equipment. The capacity can be easily expanded without increasing the system's footprint, accommodating varying power requirements. Many systems can be configured to scale from 15 to 45 kW with internal batteries in a cabinet layout or from 15 to 90 kW in 15 kW increments when linked with an external battery cabinet. Such UPS systems are widely adopted in data centers.

Key players in the Uninterrupted Power Supply market include Schneider Electric, Emerson Electric Co., Toshiba Corporation, ABB Ltd, Eaton Corporation PLC, Mitsubishi Electric Corporation, Cyber Power Systems (USA), Inc., Delta Electronics, Inc., Legrand, Kehua Tech, Riello UPS, and S&C Electric Company, among others, as highlighted in the market report.

The forecast for the uninterrupted power supply market is based on a combination of secondary and primary research findings, including key company publications, data from associations, and various databases. Comprehensive secondary research has been conducted using both internal and external sources to gather qualitative and quantitative insights related to the growth of the Uninterrupted Power Supply market. This process aids in forming an overview and forecast of the market across all segments. Additionally, numerous primary interviews have been conducted with industry stakeholders to validate the data and gain analytical insights. This includes discussions with industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the uninterrupted power supply sector.