Press release
Future Outlook of Industrial Uninterruptible Power Supply Market Poised to Achieve CAGR of 7.2% by 2026 | Global Key Players - ABB, AMETEK Solidstate Controls, Eaton, Emerson Network Power, Schneider Electric, AEG Power Solutions
Market DynamcisGlobal Industrial Uninterruptible Power Supply market is expected to grow at a CAGR of 7.2% during the forecast period. Some of the key factors influencing the market growth include rising industrialization, growing demand for power backup solutions, increasing population, government initiatives for industrial development and recent decline in lithium-ion battery prices. Several manufacturing industries, mainly petrochemical & refining, the oil and gas, and automobile design facilities are making use of uninterruptible power supply systems for power backup to avoid loss of data and efficiency. Further, industries such as healthcare, chemicals, and food processing, are also among the key end users of these systems.
An uninterruptible power supply is electrical equipment that gives emergency power to a load when the input power source or mains power fails. An uninterruptible power supply is different from an auxiliary or emergency power system or standby generator in that it will give near-instantaneous safety from input power interruptions, by supplying energy stored in batteries, super capacitors, or flywheels. The on-battery runtime of most uninterruptible power sources is relatively short but sufficient to start a standby power source or properly shut down the protected equipment. In large industrial facilities, power failures are highly detrimental for the operational efficiency. Industrial UPS systems (Uninterruptible Power Supply) can mitigate such effects with advanced functionalities and features. These extensive services include extended power back up and protection against several power quality issues.
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Market Top Player’s
Some of the key players in the global Industrial Uninterruptible Power Supply market include ABB, AMETEK Solidstate Controls, Eaton, Emerson Network Power, Schneider Electric, AEG Power Solutions, Benning Power Electronics, Borri, Fuji Electric, GE Industrial, Mitsubishi Electric, Active Power, Caterpillar, Riello Power India, Piller Group, NUMERIC, Cyber Power Systems, Falcon Electric, Gamatronic and Uninterruptible Power Supplies.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Market Segments
Depending on end user, transport infrastructure segment held considerable market share during the predicted period. The transport infrastructure industry consists of air transport, railways, and metro transport. The high demand for industrial UPS systems from emerging markets like China and India will result in the strong growth of this market segment. In terms of geography, Asia Pacific dominates the global market. The growth of the market is influenced by the rising use of industrial UPS in the railway, wind, power, and industrial sectors. The countries that contribute significantly to the growth of the industrial UPS market include Japan, China, Australia, India, South Korea, Taiwan, and Singapore.
Power Ratings Covered:
• 100.1 kVA and above
• 20.1-100 kVA
• 10.1-20 kVA
• 1-10 kVA
End Users Covered:
• Power
• Process
• Oil and gas
• Refining and Petrochemical
• Transport Infrastructure
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We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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