Global Uninterruptible Power Supply (UPS) Market Report 2022: AI, New Battery Chemistry, and Modularity at the Forefront of Technological Innovations – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “Uninterruptible Power Supplies (UPS) – Global Market Trajectory and Analysis” has been added to from ResearchAndMarkets.com offer.

Global Uninterruptible Power Supply (UPS) Market to Reach $14.7 Billion by 2026

The increasing complexity of ICT infrastructures and the widespread deployment of high-density IT infrastructures have reduced the tolerance of business processes and systems to power outages. With the potential risk of power outages being computer system failure, loss of critical data, inability to provide customer services and business loss, among others, the demand for sophisticated power management solutions will remain strong, which will benefit the UPS systems market.

Electricity issues will therefore remain high in business continuity plans. The increasing migration to Software as a Service (SaaS), IoT, cloud computing, and digitalization is giving significant impetus to the application of UPS systems in various end-use areas. Increasing adoption of smart homes and Industry 4.0 further offers new growth opportunities for UPS systems with intuitive design and intelligence. With the increase in virtualization, data centers have become ubiquitous and mission-critical, leading to increased demand for UPS systems.

Amid the COVID-19 crisis, the global Uninterruptible Power Supply (UPS) market estimated at US$11.3 billion in 2022 is expected to reach a revised size of US$14.7 billion d by 2026, growing at a CAGR of 5% over the analysis period.

The US market is estimated at $2.2 billion in 2022, while China is expected to reach $1.7 billion by 2026

The Uninterruptible Power Supply (UPS) market in the United States is estimated to be worth US$2.2 billion in 2022. China, the world’s second largest economy, is expected to reach a projected market size of US$1.7 billion. US dollars by 2026 at a CAGR. 6% over the analysis period. Other noteworthy geographic markets include Japan and Canada, each forecasting growth of 2.9% and 4.3% respectively over the analysis period. In Europe, Germany is expected to grow around 4.1% CAGR.

Select competitors:

  • ABB Ltd.

  • CyberPower Systems, Inc.

  • Delta Electronics, Inc.

  • Eastern Group Co., Ltd.

  • Eaton Corporation Plc

  • Emerson Electric Co.

  • Fuji Electric Co., Ltd.

  • Guangdong Prostar New Energy Technology Co.Ltd

  • Huawei Technologies Co.Ltd.

  • Great

  • Numeric Power Systems Ltd.

  • Luminous Power Technologies Ltd

  • Microtek International Private Ltd

  • Piller Group GmbH

  • Spa RPS

  • Schneider-Electric

  • APC

  • Shenzhen KSTAR Science and Technology Co., Ltd.

  • Shenzhen SORO Electronics Co.,Ltd

  • Socomec Group

  • The Mitsubishi Electric Group

  • Toshiba International Corporation

  • Trippe Lite

  • Vertiv Corp Group

  • Xiamen Kehua Hengsheng Co.,Ltd.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

2. FOCUS ON CERTAIN PLAYERS

3. MARKET TRENDS AND DRIVERS

  • AI, new battery chemistry and modularity at the forefront of technological innovations

  • The smart inverter remains a must for efficient building management systems

  • Transformer-Based Inverter Expands Addressable Market

  • Transformerless inverter ideal for compact system requirements

  • Online UPS is finding increased acceptance in mid-size applications

  • Offline UPS: A Standard for PCs and PC Peripherals

  • Demand for Modular UPS Systems on the Rise

  • Three-Phase Inverter Market Growth Driven by Modular Systems

  • Compact inverters are gaining popularity

  • Integrated UPS systems with advanced features are proliferating in the market

  • Battery management takes priority

  • IGBT technology is advancing steadily

  • Green UPS: the new emerging concept

  • The IT Industry’s Shift Towards Virtualization Creates Strong Growth Opportunities

  • UPS systems become vital for modern data centers

  • UPS emerges as an essential tool to prevent data center downtime to ensure business continuity in an ever-changing landscape

  • Smart UPS systems built on Li-Ion batteries offer data centers exciting opportunities to take advantage of stored and unused energy

  • Edge Computing Gains Ground, Creating Growth Opportunities for UPS System Providers

  • Multi-mode UPS systems are gaining priority in the data center landscape

  • Proliferating SOHO concept bodes well for market

  • UPS Takes a Central Role in Business Computing

  • Industrial entities rely on UPS to protect against power supply disruptions

  • UPS systems play a critical role in healthcare facilities

  • Hospitals Leverage UPS for Uninterrupted Power Supply

  • Diagnostics: another important end use in healthcare

  • UPS complements renewable energy supplies

  • Complex electronics in modern homes are driving new demand

  • Smart homes drive demand for inverters

  • Carrier grade UPS for telecom equipment

  • UPS Market to Benefit from Booming Sales of Electronic Security Systems

4. GLOBAL MARKET OUTLOOK

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/t8gey5

Alan A. Seibert