Modular UPS Market 2018 Global Leaders: Delta Electronics, Eaton Corporation PLC, Huawei Technologies, Schneider Electric SE, Riello Electronica Group, Tripp Lite, ABB Group

Market Research Future published a research report on “Modular UPS Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario

Major giants like ABB Group and Riello Electronica Group are investing into modular UPS market due to increasing demand from various industry verticals like healthcare, education, corporate, government among others. Increasing demand for additional power supply and data center applications is one major factor fueling the growth of Modular UPS Market. ABB Group has launched modular UPS which will be suitable for small and medium sized data centers and has also expanded its product offerings to the data centers in North America. These UPS models are easy to deploy and can be added to the system as the power requirements of the system increases. This helps in avoiding the burden of over specification during the initial design configuration. It also ensures that data centers will operate with optimum efficiency and reliability. Riello UPS has launched a multi power UPS and has been recognized by Frost & Sullivan for new product innovation. Along with all the basic features, the product optimizes the initial investment costs and also provides an increase in ROI to the customers. It ensures flexible modularity and boosts redundancy levels and battery too.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/4081

North America region holds the largest market share of global modular UPS market followed by Europe and Asia Pacific region. The growth is North America region is mainly dominated by U.S. and Canada and is attributed to the increasing demand for data center applications and growing technological advancements in the region. The region also has a well-established infrastructure which allows implementation of advanced technologies. Need for additional and uninterrupted power supply is major factor driving the growth of modular UPS market.

Modular UPS market has been segmented on the basis of component and vertical. The component segment is bifurcated into solution and services. Out of which, the services segment is expected to grow at the highest CAGR during the forecast period.

Unlike traditional UPS systems, modular UPS systems are highly scalable, efficient and do not face the problem of system failure. This ultimately helps in better productivity and provides reliability with efficient performance results.

The global modular UPS market is expected to grow at approx. USD 4 Billion by 2023, at 14% of CAGR between 2017 and 2023.

Key Players

The prominent players in modular UPS market are – ABB Group (Switzerland), Emerson Electric Co. (U.S.), Eaton Corporation PLC (Ireland), Huawei Technologies Co. Ltd. (China), Schneider Electric SE (France), General Electric (U.S.), Delta Electronics, Inc. (Taiwan), Gamatronic Electronic Industries Ltd. (Israel), Riello Electronica Group (Italy), Tripp Lite (U.S.) among others.

Modular UPS Global Market - Segmentation

The Modular UPS Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

• Segmentation by Component: By solutions- 10-100 kVA, 101-250 kVA, 251-500 kVA, 501 kVA and above and by services- Integration Services, Professional Services
• Segmentation by Vertical: BFSI, healthcare, manufacturing, IT & telecommunication, media & entertainment, defense.
• Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the world.

Modular UPS Global Market - Regional Analysis

Asia-Pacific is dominating the Global Modular UPS Market with the largest market share due to the growing service industry in China, India, Singapore and Malaysia. Additionally, the economic development and the growing GDP of Asian countries is majorly contributing to the growth of modular UPS market. In growing countries such as India, and China which is under radar of developing nations holds immense potential for any market and are adopting various policies to promote the technological infrastructure of the country and invite companies to setup their business operation centers. Lack of power supply or high gap in demand and supply limits the industries for the expansion whereas supplement products such as UPSs helps to achieve the desired goals and objectives.

Modular UPS Market in North America market is expected to grow at a substantial CAGR during 2017 to 2023 owing to the heavy developments in cloud computing market and high developments in data centers. The European market for Modular UPS Market is expected to grow at a considerable CAGR (2017-2023) owing to the factors such as high demand for power backup from BFSI industry and healthcare industry.

Get Complete Report @ https://www.marketresearchfuture.com/reports/modular-ups-market-4081

Intended Audience

• Technology Investors
• Technology Providers
• Research/Consultancy Firms
• Infrastructure Providers
• Original equipment manufacturers (OEMs)
• OEM technology solution providers

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.