UPS and Inverter Market to exceed US$ 174.04 Billion by 2031

Published on 18-Mar-2025
     Request For Sample

Report : UPS and Inverter Market Report: Size, Share and Outlook by 2031

According to our latest study on "UPS and Inverter Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis - by Type, UPS Type, Inverter Rating, Application," the UPS and Inverter Market size was valued at US$ 86,150.0 million in 2024 and is expected to reach US$ 1,74,048.9 million by 2031; it is estimated to record a CAGR of 11.1% from 2025 to 2031.

The UPS and Inverter Market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America. Asia Pacific dominated the market in 2024, followed by North America and Europe, respectively. The MEA UPS and inverter market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of MEA. The market growth in the MEA is attributed to the growing industrial sector and rising urbanization. Owing to these factors, many manufacturers of UPS are increasing their presence in the MEA. For instance, in 2024, Vertiv, a global provider of critical digital infrastructure and continuity solutions, announced the introduction of the Vertiv Liebert GXT5 Lithium-ion double-conversion online UPS system for 5 kVA-10 kVA Global Voltage (GV) (200V-240V; Default 230V) applications. The company will enhance its distribution in the Middle East & Africa to cater to the demand for UPS from the growing sectors in the region.

Key Findings of UPS and Inverter Market Study:

The deployment of 5G technology also plays a pivotal role in Saudi Arabia's digital infrastructure strategy. As one of the first countries in the MENA region to introduce 5G networks, Saudi Arabia has achieved impressive coverage, reaching 77% of the nation in 2023, well above the global average. Riyadh leads the way, with 5G coverage exceeding 94%, positioning it as a global front-runner in terms of accessibility. This expanded high-speed internet network is expected to drive growth across various sectors of the digital economy, such as e-commerce, telecommunications, and digital services. In parallel, the Abu Dhabi Executive Council's approval of a groundbreaking AED 13 billion (i.e., US$ 3.54 billion) digital strategy for 2025-2027 is set to make the UAE the first government globally to integrate artificial intelligence into all its digital services by 2027. The initiative will also automate 100% of processes, adopt sovereign cloud computing, and contribute AED 24 billion (US$ 6.53 billion) to the emirate's GDP, creating 5,000 jobs to support Emiratisation. The rapid adoption of 5G and digital transformation initiatives in the Middle East, particularly in Saudi Arabia and the UAE, are also fueling the demand for advanced power solutions, UPS, and inverters. As the region's digital infrastructure grows, the need for reliable, uninterrupted power supply system's becomes even more critical to support industries such as telecommunications, e-commerce, and government services. Subsequently, the UPS and inverter market in the MEA is poised for significant growth.

Schneider Electric SE, ABB Ltd, TOSHIBA CORPORATION, Cyber Power Systems (USA) Inc, Eaton Corp Plc, Emerson Electric Co, Delta Electronics Inc, Legrand SA, Kirloskar Electric Company, OMRON Corp, Exide Industries Ltd, Luminous Power Technologies Pvt Ltd, Microtek, Su-Kam Power Systems Ltd., and Kehua Data Co Ltd are among the key players profiled in the UPS and Inverter Market report. Several other major players were studied and analyzed during the UPS and Inverter Market analysis to get a holistic view of the market and its ecosystem. UPS and Inverter Market also provide detailed market insights, which help the key players strategize their growth. The report includes growth prospects owing to the current UPS and Inverter Market trends and their foreseeable impact during the forecast period.

Contact Us
Phone: +1-646-491-9876
Email Id: sales@premiummarketinsights.com

Get Free Sample PDF

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Have a Question?


Recent Posts