openPR Logo
Press release

Kuwait Uninterruptible Power Supply (UPS) Systems Market (2018-2024)-6Wresearch

Kuwait Uninterruptible Power Supply (UPS) Systems Market (2018-2024)-6Wresearch

Kuwait Uninterruptible Power Supply (UPS) Systems Market (2018-2024)-6Wresearch

Government Plans to Diversify Into Non-Oil Sectors Would Drive the Growth of Kuwait Uninterruptible Power Supply (UPS) Systems Market - 6Wresearch
Kuwait is one of the fastest growing economies in the entire GCC region. The country is experiencing large scale investment in the commercial and industrial sectors which is helping to recover from economic slowdown. SMEs, healthcare, hospitality, transportation, telecommunication and oil & gas sectors are witnessing substantial growth in the country. As these sectors require UPS systems for power back up of various equipment and to provide seamless power support, the market for UPS systems is expected to increase in the forecast period.

Browse Press Release @ http://www.6wresearch.com/press-releases/kuwait-uninterruptible-power-supply-ups-systems-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news.html

According to 6Wresearch, Kuwait Uninterruptible Power Supply (UPS) Systems Market revenues are projected to grow at a CAGR of 3.1% during 2018-24. Data centers, healthcare and aviation sectors are few applications where smallest fluctuation during operation would lead to great losses. Growing investment in these segments are anticipated to drive the UPS systems market positively during the forecast period.

According to Ravi Bhandari, Assistant Manager, Research and Consulting, 6Wresearch, "Kuwait government is planning to recover from the economic losses caused due to recent oil crisis by initiating large scale projects in the non-oil sector of the country. Expansion plan of the Kuwait International Airport, raising funds from several international and national banks, strengthening of telecommunication and healthcare sectors of the country are some of the major target areas for the Kuwait government. To achieve efficient output and provide uninterruptable power back up in these key sectors, need for UPS systems is expected to increase over the coming years.

According to Priya Sharma, Research Associate, Research and Consulting, 6Wresearch, "Medium range UPS systems dominate the overall UPS systems market as these systems are readily deployed in manufacturing units, water treatment plants, oil & gas refineries, data centers, banking sector and hospitals. Additionally, UPS systems with power rating below 50 KVA would show highest growth over the coming years on account of growing commercial and industrial activities in the country."

"Under its 5-year development plan, Kuwait City is projected to witness healthy investment in commercial and industrial sectors, which would promote infrastructural activities in the region, leading to generation of more demand for UPS systems over the coming years." Priya further added.

Some of the key players in Kuwait Uninterruptible Power Supply (UPS) Systems Market include- Vertiv Co, Riello UPS Middle East FZ-LLC, Schneider Electric SE, ABB Ltd., Eaton Corporation Plc, Socomec Middle East, TrippLite, AEG Power Solutions, Legrand SNC FZE and General Electric Company.

"Kuwait Uninterruptible Power Supply (UPS) Systems Market (2018-2024)" provides in-depth analysis with 39 figures and 29 tables covered in more than 130 pages. The report estimates and forecast the overall Uninterruptible Power Supply (UPS) Systems Market by revenues, KVA rating, regions and applications such as commercial, industrial and residential. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

For Sample Pages & Detailed Report Description Visit : http://www.6wresearch.com/market-reports/kuwait-uninterruptible-power-supply-systems-market-2018-2024-ups-industrial-residential-commercial-forecast-by-kva-rating-applications-regions-competitive-landscape.html

For Further details, please contact:
Email Us: sales@6wresearch.com
Call Now: +91-11-430-24-305

6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.

Delhi/NCR Office
1107-1108, PEARLS BEST HEIGHTS
TOWER 1, NETAJI SUBHASH PLACE
PITAMPURA, New Delhi-110034
Phone: +911143024305

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Kuwait Uninterruptible Power Supply (UPS) Systems Market (2018-2024)-6Wresearch here

News-ID: 1018862 • Views:

More Releases from 6Wresearch- Market Intelligence Solutions

The Enduring Popularity of Jeans in a Changing Fashion Landscape
The Enduring Popularity of Jeans in a Changing Fashion Landscape
Jeans continue to experience strong global market growth, driven by their lasting charm, widespread acceptance, and increasing demand across age and style groups. Despite the evolution of fashion and emergence of competing apparel types, jeans have maintained their spot as a universal wardrobe essential. Their reliable comfort, enduring quality, and style flexibility help reinforce their popularity, making them one of the most consistently chosen clothing items by consumers around the
Global Homeopathic Medicine Market Expands with Rising Demand for Safe and Holistic Treatments
Global Homeopathic Medicine Market Expands with Rising Demand for Safe and Holis …
The global homeopathic medicine market is experiencing consistent progress in various sectors like wellness, healthcare, and personal care. Increasing demand for preventive healthcare, growing awareness about alternative and natural treatment techniques, and innovations in homeopathic formulations are fueling market expansion globally. Homeopathic medicines are commonly used for numerous applications such as seasonal illnesses, skin disorders, chronic disease management, and mental health. With advanced delivery techniques, enhanced quality standards, and regulatory
Smart, Durable, and Stylish: Global Helmet Market Gains Momentum
Smart, Durable, and Stylish: Global Helmet Market Gains Momentum
The global helmet market is experiencing consistent growth in various sectors like construction, defense, sports, and personal safety. Innovations in helmet technology, growing awareness about head safety, and the requirement for durable and comfortable protective gear are propelling market development across the world. Helmets are important for many uses such as cycling, motorcycling, industrial work, defense, construction, and sports activities. With lightweight materials, enhanced safety features, and ergonomic designs, helmets
Modernization and Urban Air Mobility Driving Steady Growth in the Global Helicopter Market
Modernization and Urban Air Mobility Driving Steady Growth in the Global Helicop …
The global helicopter market is witnessing consistent progress in various sectors like commercial, defense, emergency medical, and private. Innovations in helicopter technology, growing demand for air transportation, and the requirement for efficient and safe aerial operations are fueling market development across the world. Helicopters are important for many uses like military operations, passenger transport, search and rescue, emergency medical services, and logistics in remote areas. With improved modern avionics and

All 5 Releases


More Releases for Kuwait

Kuwait Oil and Gas Market Will Escalate Rapidly in the Near Future 2030| Kuwait …
The Kuwaiti oil and gas market is predictable to register a CAGR of over +3% during the forecast period. Factors, such as the increased resilience of the ambitious target of achieving crude production to 4 million barrels per day by the end of 2020, along with the presence of an estimated 101.5 billion barrels (bbl) of oil reserves as of 2018, are expected to drive the oil and gas market
Kuwait Oil and Gas Market Overwhelming Growth by 2023-2030| Kuwait Drilling, Kuw …
"Kuwait Midstream Oil and Gas Industry Outlook to 2022 - Market Forecasts for Liquefied Natural Gas (LNG), Oil Storage, Pipelines and Gas Processing", is a comprehensive report on the midstream oil and gas industry in Kuwait. The report provides details such as name, type, operational status, and operator for all active and planned (new build) LNG terminals, oil storage terminals, major trunk pipelines, and gas processing plants in Kuwait till
Petzone Kuwait Promotes Responsible, Loving Pet Ownership in Kuwait
‘Provides world-class range of products and services to take care of your pet’ ‘Pamper your pet with Petzone food, bedding, toys, and luxury pet items’ By Ben Garcia Owning a pet is a pleasure and a responsibility and as more and more people in Kuwait become pet owners, the market grows to support them. One of the most prominent shops now in Kuwait for pets is the well-known Petzone ( http://www.petzone.com ).
Web Design Company Kuwait - Ecommerce web development company Kuwait
Chrisans Solutions is a Kuwait based registered web designer and development company having powerful team in E Commerce Website Designing and Mobile Apps development, which includes E Commerce - Online Shopping Store Website Development, Digital marketing, KNET Integration and IOS App Development in IPhone/IPad, Android Apps Development. We Offer Web design Kuwait complete and All-embracing web related services including Mobile App Development Kuwait. Chrisans Web Solutions 4th Floor, Al Zumorrodah Tower Ahmed Al
Know How Kuwait Freight Forwarding Market is Thriving Worldwide to 2027|Leading …
Freight forwarding is a service operated by non-vessel common carriers, agents which arrange shipments for industries from manufacturers to the final destination. Agents have contracts with shipping line carriers to move cargo. This provides help them offer a secure network of movement of cargo at low prices. A new elaborated report titled as Global Kuwait Freight Forwarding Market is now released into its database by Report Consultant based on an
Kuwait Telecoms, Mobile and Broadband Market Growth Analysis, Challenges and Ind …
WiseGuyReports.com “Kuwait - Telecoms, Mobile and Broadband - Statistics and Analyses” report has been added to its Research Database. Scope of the Report: Government support is integral to Kuwait’s telecom industry progress. Developments over the past year or so in Kuwait has demonstrated how a supportive government can pave the way for telecoms progress. The Kuwait government is making great headway in implementing changes which will improve the overall telecoms industry. One