UPS (Uninterruptible Power Supply or Uninterruptible Power Source) is an electronics device that is used to provides emergency power to a load when mains power fails. An increase in demand from new businesses in Tier 2 & Tier 3 cities, a growing trend of smart buildings and IoT, rapid infrastructure development, and the emergence of green and energy-efficient UPS solutions across the globe are some of the major drivers for the growth of the UPS market over the forecast period.
MARKET DYNAMICS
An increasing trend of cloud computing and virtualization coupled with the rise in the number of new data centers worldwide are positively impacting the growth of the UPS market. Moreover, an increase in the need for a clean and secure power supply for the smooth operation of the infrastructure and growing demand for advanced UPS solutions from different industry verticals such as BFSI, IT and telecom, data centers, and among others are expected to influence the demand for the UPS market in the coming years.
MARKET SCOPE
The "Global UPS Market Analysis to 2028"? is a specialized and in-depth study of the UPS industry with a special focus on the global market trend analysis. The report aims to provide an overview UPS market with detailed market segmentation as component, KVA range, enterprise size, end-user, and geography. The global UPS market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading UPS market players and offers key trends and opportunities in the UPS market.
MARKET SEGMENTATION
The global UPS market is segmented on the basis of component, KVA range, enterprise size, end-user. On the basis of component the market is segmented as solution, services. On the basis of KVA range the market is segmented as less than 5 kVA, 5.1-20 kVA, 20.1-60 kVA, 60.1-200 kVA, above 200 kVA. On the basis of enterprise size the market is segmented as SMEs, large enterprises. On the basis of end-user the market is segmented as BFSI, data centers, healthcare, IT and telecom, manufacturing, media and entertainment, residential, others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global UPS market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The UPS market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting UPS market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the UPS market in these regions.
MARKET PLAYERS
The reports cover key developments in the UPS market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from UPS market are anticipated to lucrative growth opportunities in the future with the rising demand for UPS in the global market. Below mentioned is the list of few companies engaged in the UPS market.
The report also includes the profiles of key UPS companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB Ltd
- Delta Power Solutions
- Eaton Corporation Plc
- Emerson Electric Co.
- Huawei Technologies Co., Ltd.
- Legrand
- Mitsubishi Electric Corporation
- Schneider Electric
- Toshiba Corporation
- Vertiv Co.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.