openPR Logo
Press release

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

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

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

Lack of Adequate Grid Network Along with Growth in Commercial Sector Would Spur the Nigeria Uninterruptible Power Supply (UPS) Systems Market - 6Wresearch
Nigeria Vision 20:2020 is set to be a major development plan for the country to accelerate growth of commercial and industrial sectors over the coming years. Further, vision 20:2020 aims to achieve stability in social infrastructure, energy sector, small and medium enterprises as well as manufacturing sector and government services of the country. These initiatives would offer several opportunities in the commercial and industrial sectors of the country over the coming years. This would strengthen the market for UPS systems in Nigeria as these systems are required to provide seamless power support in such segments.

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

According to 6Wresearch, Nigeria Uninterruptible Power Supply (UPS) Systems Market revenues are projected to grow at a CAGR of 4.7% during 2018-24. Growing investment in IT industry to increase the internet penetration along with rising confidence of investors in the economy would benefit the UPS market in the country over the coming years. Additionally, the industrial sector of the country is expected to register substantial growth during the forecast period on account of Nigeria Economic Recovery and Growth Plan. These factors would boost the demand for UPS systems in the country.

According to Ravi Bhandari, Assistant Manager, Research and Consulting, 6Wresearch, "The Nigerian government is planning to accelerate the growth of the country's economy under the Nigeria Economic Recovery and Growth Plan (ERGP). As a result, private and public sectors of the country would register heavy investment along with introducing large number of development plans aimed at making the country economically stable. Moreover, the commercial and industrial sectors are anticipated to grow, leading to more number of manufacturing hubs, hospitals, hotels, and transportation infrastructure in the country. Subsequently, the demand for UPS systems would also be affected positively by these developments over the coming years."

According to Priya Sharma, Research Associate, Research and Consulting, 6Wresearch, "Nigeria has only 57.6% of electricity access and various regions of the country suffers from power outages and fluctuations during daily events. Voltage dips caused by short circuits, start-up of a large load, and cases of over-voltages are common in Nigeria. These problems impacts banking sector, data centers, hospitals and military operations where even small interruption can lead to a major loss. To reduce the occurrence of such losses, the UPS systems would be required for seamless functioning and the market is expected to grow further over the coming years with rising commercial and industrial activities in the region."

"In Nigeria below 20 kVA, rated UPS systems are under major demand from commercial and residential sectors. Where it is required to operate electronic items such as CCTV, televisions, computer systems, and elevators. Growing commercial sector and increase in adoption of electronic devices in households would further spur the demand for below 20 KVA rated UPS systems in the country." Priya further added.

Some of the key players in Nigeria Uninterruptible Power Supply (UPS) Systems Market include- Kobian Pte Ltd, BLUE GATE World, Vertiv Co., Huawei Technologies Co., Ltd., Schneider Electric SE, ABB Ltd., Legrand SA, Socomec West Africa, Eaton Corporation Plc and RPS S.p.A.

"Nigeria Uninterruptible Power Supply (UPS) Systems Market (2018-2024)" provides in-depth analysis with 69 figures and 34 tables covered in more than 154 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/nigeria-uninterruptible-power-supply-ups-systems-market-2018-2024-forecast-by-kva-rating-applications-industrial-residential-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 Nigeria Uninterruptible Power Supply (UPS) Systems Market (2018-2024)-6Wresearch here

News-ID: 1022449 • Views:

More Releases from 6Wresearch- Market Intelligence Solutions

Market Penetration of Smart Ceiling Lights Globally
Market Penetration of Smart Ceiling Lights Globally
The global market for ceiling lights has been growing rapidly as consumers demand is high for seek stylish and efficient lighting for homes and commercial settings. Though new technologies in smart lighting are gaining traction, ceiling lights remain favored for their utility, design versatility, and energy-conscious features. According to 6Wresearch, the Global Ceiling Lights Market is projected to grow at a compound annual growth rate (CAGR) of 4.60% between 2025 and
Role of Electric Vehicles in Shaping Parking Infrastructure & Advancements in Automated Parking Solutions
Role of Electric Vehicles in Shaping Parking Infrastructure & Advancements in Au …
The car parking market worldwide is growing steadily. This is due to the rising urbanization, increased numbers of vehicles, and the need for efficient space allocation in cities. With expanding urban centers and mounting traffic congestion, demand for smart and systematic parking solutions is rapidly rising. Additionally, governments and private companies have invested in contemporary parking facilities. Moreover, technological advancements are being done to make parking systems more accessible and
Consumer Behavior and Preferences in Purchasing Car Insurance
Consumer Behavior and Preferences in Purchasing Car Insurance
The global car insurance market growth has boosted massively, driven by the rising vehicle ownerships and strict government regulations. Additionally, the rising driver's awareness regarding car insurance is another major factor boosting the growth of the market. While rise of digital solutions and new technologies, traditional car insurance remains essential in the auto and financial industries, which offer vital protection and financial security to drivers worldwide. According to 6Wresearch, the Global
Regional Analysis of Car Accessories Demand and Innovative Technologies in Car Accessories
Regional Analysis of Car Accessories Demand and Innovative Technologies in Car A …
The global car accessories market is experiencing consistent growth, driven by increasing vehicle ownership, rising interest in vehicle customization, and growing awareness around safety and comfort. Consumers around the world are investing more in both aesthetic and functional accessories for their vehicles-ranging from seat covers and infotainment systems to advanced safety tools and exterior enhancements. According to 6Wresearch, the Global Car Accessories Market is projected to grow at a compound annual

All 5 Releases


More Releases for Nigeria

Nigeria Food and Drink Market Rewriting Long Term Growth Story: Cadbury Nigeria, …
According to HTF Market Intelligence, the Nigeria Food and Drink market to witness a CAGR of 11.41% during the forecast period (2024-2030).The Latest published a market study on Global Nigeria Food and Drink Market provides an overview of the current market dynamics in the Global Nigeria Food and Drink space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2030. The study
HLKS Cargo Nigeria is The Best Cargo Service from Nigeria to London
HLKS Cargo Nigeria is committed to providing you with the most reliable, secure, and cost-effective delivery of your goods. Our highly trained and experienced staff will ensure that your Cargo to Nigeria is shipped safely and securely. From the moment your Cargo leaves our warehouse in Lagos, we will take care of all aspects of the journey until it reaches its destination in London or any other country. HLKS Cargo Nigeria
Nigeria Diesel Genset Market
Nigeria Diesel Genset market is expected to witness modest growth owing to the expansion of telecom infrastructure, the establishment of new industries, and poor grid infrastructure of the country. Growing investment in the non-oil sector of the country is anticipated to support the economic growth in the region over the coming years which would foster the demand for diesel gensets during 2018-24. Additionally, the growing number of manufacturing units in
Nigeria Agriculture Market, Nigeria Agriculture Industry, Nigeria Agriculture Li …
Nigeria Agriculture could be a branch of the economy in Nigeria, providing employment for approximately 35% of the population. It’s the most supply of livelihood for many Nigerians. The Agricultural sector is formed from four sub-sectors: Crop Production, Livestock, Forestry and Fishing. The country could be a leader in varied forms of agricultural production, like palm oil, cocoa beans, pineapple, and sorghum. It’s the biggest producer of sorghum within the world
Promotion - Webcore Nigeria
Webcore Nigeria is passionate about using the power of the Internet to grow any business. Webcore Nigeria can assist you by doing all the social media promotion on your behalf. Choose and order the service you need. Webcore Nigeria provide fast delivery time, so with just a few clicks you will be able to start receiving online promotions. Facts about Webcore Nigeria: Nigerian owned and operated
SOCIAL MEDIA MARKETING IN NIGERIA BY WEBCORE NIGERIA
Webcore Nigeria social media marketing. Webcore Nigeria is a leading digital marketing agency in Nigeria that operates using e-commerce. Webcore Nigeria supports brands with different aspects of their social media marketing strategy by organizing paid social advertising, influencer marketing, publish press releases, social media page verification and more. Webcore Nigeria is a full-service digital marketing organization. Webcore has been providing a wide variety of services to clients of all industries since 2016. Webcore