Global Modular Uninterruptible Power Supply (UPS) Market Report 2022
Key players in the modular uninterruptible power supply (UPS) market include ABB, Eaton, Schneider Electric, Huawei, Delta Electronics, AEG Power Solutions, Vertiv, Emerson Electric, Rittal, Toshiba International Corporation (TIC), Gamatronic, and Tripp- Lite.
New York, April 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of “Modular Uninterruptible Power Supply (UPS) Global Market Report 2022” – https://www.reportlinker.com/p06248538/?utm_source=GNW
The global modular uninterruptible power supply (UPS) market is expected to grow from $3.12 billion in 2021 to $3.53 billion in 2022 at a compound annual growth rate (CAGR) of 13.1%. The growth is primarily due to businesses resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing, remote work and the closure of business activities that have resulted in operational challenges. The market is expected to reach $4.98 billion in 2026 at a CAGR of 9.0%.
The modular uninterruptible power supply (UPS) market includes sales of modular UPS and related services by entities (organizations, individual traders and partnerships) that manufacture modular UPS where each module of modular UPS is integrated with the hardware and software necessary for stand-alone operation. .In the modular uninterruptible power supply (UPS), each module is provided with critical components and thus eliminates weak points.
With decentralized static bypass switches and controls, modular UPS systems eliminate single points of failure.
The main product types of the modular uninterruptible power supply (UPS) are online or double-conversion, online-interactive and offline or standby. Modular online or double-conversion UPS systems provide continuous power to critical loads by sorting and transferring incoming utility power. into direct current, which is then converted into a perfect AC output of the inverter.
The power capacities of modular UPS systems range from 0 to 50 kVA, 51 to 100 kVA, 101 to 300 kVA, and 301 kVA and above. These systems are implemented in various verticals such as data centers, industries, telecommunications, commerce, BFSI, government and other end users.
North America was the largest region in the modular uninterruptible power supply (UPS) market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.
Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
An increasing number of data centers are contributing to the growth of the modular uninterruptible power supply (UPS) market. Future and existing data centers are equipped with modular UPS systems to achieve higher standardization, greater flexibility and scalability.
Data centers are also supported by modular UPS systems to ensure continuous and reliable power supply and system support during power outages. For example, in 2020 Amazon bought 100 acres in Virginia, USA to build data centers, Iron Mountain is constructing three buildings on 40 acres near Phoenix, USA.
According to a survey conducted by Turner & Townsend, in 2020, 85% of survey respondents believed that the demand for data construction in 2021 will be greater than it was in 2020. As a result, the growing number of data centers data is expected to propel the growth of modular uninterruptible power supply (UPS) market.
Manufacturers of modular uninterruptible power supplies (UPS) are developing innovative products to meet the future trend of infrastructure development and the demand of modular data centers. For example, in January 2021, Huawei, a Chinese information and communication technology (ICT) and smart device provider launched the next generation of large and medium-sized UPS5000-H series products which are part of the ultra-high density UPS series.
The modular UPS has a high capacity configuration of a 1 Mmega watt power cabinet with the installation of 10 100KW @ 3U modular UPS in a cabinet.
In March 2021, Eaton Corporation Plc, an Irish company involved in the supply of power management systems, acquired Tripp Lite for an undisclosed sum. The acquisition by Eaton Corporation Plc focuses on expanding its product offering and market presence in the computing and distributed computing portfolio, and the single-phase UPS sector.
Tripp Lite is an American provider of power quality products and connectivity solutions, including single-phase uninterruptible power supplies, rack power distribution units, surge protectors and data center enclosures.
Countries covered in the Modular Uninterruptible Power Supply (UPS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia , South Korea, the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06248538/?utm_source=GNW
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