The Modular Uninterruptible Power Supply Market will exceed USD 8.4 billion by 2030, from USD 3.2 billion in 2018, at a CAGR of 10.3% throughout the forecast period 2019-30.
PHILADELPHIA, UNITED STATES, March 2, 2022 /EINPresswire.com/ — Fatpos Global released a report titled “Modular Uninterruptible Power Supply (UPS) Market – Market Size, Share and Trend Analysis for 2014-2018 and forecast to 2030” which is expected to reach USD 8.4 billion by 2030. According to a study by Fatpos Global, the market is expected to grow at a CAGR of 10.3% throughout the period of forecast i.e. 2019-30. The growing demand for zero downtime from different industries, the growing need for flexible and reliable power systems, and the demand for large-scale data centers, cloud usage, and large colocation facilities are the major drivers. growth of the modular inverter industry. In order to propel the data center uninterrupted power supply industry, the growing adoption of cloud storage services and the growing need for uninterrupted power to ensure productive operations in banks, financial institutions and enterprises are anticipated. One of the major growth drivers in this market is the increasing adoption of modular data center UPS systems. Widespread adoption of cloud servers, which offer more power in smaller spaces, is expected to drive the data center uninterrupted power supply market.
“Pressure for the modular inverter market may be driven by the trend to use smaller modular systems. The modular and uninterruptible power supply market is expected to be fueled by widespread adoption of cloud servers, which offer more power in smaller spaces. Manufacturers are focused on delivering lower overall cost of power supply ownership, better performance, and investing in producing reliable technology to meet the growing demand for cloud computing,” said a senior analyst at Fatpos Global.
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• Table of Contents (scope covered within the scope of the study)
• Research methodology
• Key player mentioned in the report
• Presentation of data
• Market taxonomy
• Size and share analysis
• Post-COVID-19 impact analysis
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Modular Uninterruptible Power Supply (UPS) Market: Key Players
• ABB Ltd.
• Emerson network power supply
• Huawei Technologies Co. Ltd.
• Schneider Electric SE
• General Electric
• Delta Electronics Inc.
• AEG Power Solutions
• Riello Electronica Group
• Eaton Corporation
The demand for modular and uninterrupted power supplies is mainly driven by the increasing number of new data centers and the falling cost of ownership. The modular inverter market is also driven by the ease of implementation and a highly scalable model. In addition, the low maintenance costs and the reliability of the installations often encourage the customer to use modular inverters. There is a significant step towards cloud computing which is likely to create data storage and security requirements. These data centers often require continuous backup power and services that increase the global demand for UPS data centers. An increase in the adoption of services such as remote access services, mobile computing and online services through various companies are some of the other major drivers for this global modular inverter market. Companies do not conduct their business activities without a power source. In the event of a power failure or loss of the main power source, the power supply must be guaranteed and secure. The inverter ensures stability and efficiency when the main power is cut off, so that the current work can be saved and the material can be covered. Although the demand for UPS systems in the IT industry is strong, microprocessors and PC-based systems that are sensitive and responsive to power outages have now been adopted by many industrial processes. Industrial systems can be interrupted by a few seconds of power failure, leading to significant financial losses. Most sectors have therefore started to implement advanced UPS and modular UPS systems in all industries.
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In the new report, Fatpos Global strives to present an unbiased Modular Uninterruptible Power Supply (UPS) Market analysis that covers historical demand data as well as forecast figures for the period i.e. say 2019-2030. The study includes compelling information about the growth seen in the market. The market is segmented by power capacities into 10 – 100 kVA, 101 – 250 kVA, 251 and 500 kVA, the market is segmented by organization size into large enterprises and small and medium enterprises (SMEs), the market is segmented by end User in T and telecommunications, healthcare, manufacturing and others. Geographically, the market is segmented into North America, Latin America, Europe, APAC, and MENA.
• North America: (United States and Canada)
• Latin America: (Brazil, Mexico, Argentina, rest of Latin America)
• Europe: (Germany, United Kingdom, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, rest of Asia-Pacific)
• Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
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Modular Uninterruptible Power Supply (UPS) Market Segments:
By power capabilities:
• 0 – 50 kVA
• 51 – 100 kVA
• 101 – 300 kVA
• 301 kVA and above
By organization size:
• Large companies
• Small and medium-sized enterprises (SMEs)
Per end user:
• Data centers
• Medical 3D printing plastics market
• Commercial aircraft MRO market
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