An UPS is a type of continual power system that provides emergency power supply when the input power source fails. The electrical device is designed to provide instantaneous power supply with the aid of energy stored in supercapacitors, batteries, or flywheels. The on-battery run-time of most uninterruptible power sources is sufficient to start a standby power source and sometimes properly shut down the protected equipment. An UPS is used to protect major hardware component such as data centers, computer, telecommunication equipment, and others. UPS plays a significant role in protecting these hardware as sudden power interruptions can cause fatalities, serious business disruption or data loss, injuries, etc. According to a study published by Insure Insights, the global Uninterruptible Power Supply market is anticipated to grow at a CAGR of 9.4% during the forecast period.

Top Driver: Added Advantages such as Consistency and Protection

Uninterruptible Power Supply is anticipated to grow at a significant rate due to the several advantages offered by it. For instance, electronics within UPS signals when it needs to work and shift in alternate power as per requirement, which eliminates glitches and provides consistency. In addition, a line-interactive UPS acts as a filter by refining the power as it comes into the UPS then adjusting its output so that internal systems receive a clean, consistent supply free of abnormalities. Besides, it plays an essential role in safeguarding against all the irregularity of electricity such as dips, surges, spikes, and failure by sensing and switches to alternate power before the anomalies cause damage.

Telecommunication to Make Crucial Contribution to Growth of the Market

Among application segments of the global uninterruptible power supply market, telecommunication is predicted to show significant growth in future. The application segment is further segmented into Data Center, Medical, Industrial, Marine, Others. The medical segment is further anticipated to grow in the future. On the basis of type the market is segmented into Off-line/standby, Line-interactive, Online/double-conversion.

Rising Investments in Better Infrastructure to Benefit Asia Pacific Market

Asia Pacific region is anticipated to gain highest revenue shares due to the higher investment over the power back up supply in the forecast period. The increase in the investments in the infrastructure which would help the industry gain significant shares in the coming years. Furthermore, the surge in the disposable income would help the industry boost in the next few years. The technological advancement and the availability of data center rack solutions are also expected to propel the market growth.

Players to Focus on Uninterruptable Power Supply Market

The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. ABB Ltd., Consul Neowatt Power Solutions Pvt. Ltd., CyberPower Systems, Inc., Delta Electronics, Inc., East Group Co., Ltd., Eaton Corporation Plc., Emerson Electric Co., Fuji Electric Co., Ltd., General Electric Company, and Huawei Technologies Co. Ltd. among others could be at the forefront of the competition in the global market.

Kohler Co.: In May 2017, Kohler Co. had acquired Pure Power Systems from Dublin, an independent service provider and distributor of uninterruptible power supply systems with an aim to improve the UPS services in the U.K. Integrated cloud data storage solution provider and Piller Power Systems Technology have concluded one deal to establish its new campus in India to exploit benefits such as easy maintenance, high scalability, and high availability.

ABB: In March 2020, ABB presented its new MegaFlex solution offering the most resilient and compact uninterruptible power supply (UPS) system on the market with a reduced footprint of up to 45 percent.

Scope of the Report

By Type

• Off-line/standby
• Line-interactive
• Online/double-conversion

By Application

• Telecommunication
• Data Center
• Medical
• Industrial
• Marine
• Others

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.