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Data Center UPS Market 2024 Global Analysis By key Players – Mitsubishi Electric, Ametek Inc., General Electric Co., ABB Ltd., Schneider Electric S.A., Emerson Corporation, Eaton Corporation, Delta Electronics Inc, Siemens & more

10-22-2018 11:06 AM CET | Media & Telecommunications

Press release from: marketstudyreport.com

Data Center UPS

Data Center UPS

MarketStudyReport.com offers 2017 report on global Data Center UPS market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2017-2024.

North America accounted for more than 30% of the global data center UPS market share in 2016 owing to the U.S. market and will grow at a high CAGR during the forecast timeline. Rapid infrastructure advancements of several sectors such as healthcare, manufacturing, entertainment, and IT & telecom, will provide an impetus to the regional industry growth. Moreover, increasing IT investments of SMBs, and strict government policies, in the U.S. will positively impact the demand for the data center UPS market in the next seven years.

Some of the major companies operating in the industry include Mitsubishi Electric, Ametek Inc., General Electric Co., ABB Ltd., Schneider Electric S.A., Emerson Corporation, Eaton Corporation, Delta Electronics Inc, and Siemens AG among others. Several companies are trying to capture the data center UPS market with a customized product portfolio, which is helping them gain high market share. The industry is moving towards consolidation on a global level with companies looking to expand in previously untapped locations. In addition, efficient and green UPS systems are slowly becoming a vital presence in the company’s product offerings.

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Renovation of existing data centers and manufacturing of new facilities will aid the data center UPS market growth over the coming years. Effective backup power systems have become critical for modern data centers owing rise in the amount of voltage fluctuations and power outages. These systems need regular maintenance and check-up which acts as a key challenge for deployment of the systems. Lack of dedicated and skilled personnel in companies to manage the systems is a major factor hindering the data center UPS market growth.

The growing trend of virtualization, and cloud computing is driving the growth of the data center UPS market. This trend has fueled the rise in the number of UPS installations for data centers in SMBs and large enterprises which has allowed these organizations to use power efficiently and effectively. These systems provide continuous power supply to the data centers and protect them against power interferences. In addition, a major driver of the data center UPS market is the growing usage of online services such as Amazon Prime, Netflix and Hulu coupled with the growth of data center colocation market.

The increased adoption of IoT across several applications such as BFSI, healthcare, manufacturing, telecom & IT has generated a demand for data center UPS market which provide enhanced efficiency through reduced energy consumption. The industry is witnessing a shift towards data center colocation, as colocation services help simplify several processes. Companies implementing and using colocation services are relying on the vendors to handle intricate facility systems, such as IT setup and hardware upgrades without having to concern about the data center facility-related issues thereby driving the colocation demand.

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With companies collecting, analyzing and reporting vast amount of digital data, the industry has witnessed an exponential growth and need for technologies such as machine learning, cloud computing and IoT. With the rise in data usage and growing software industry, the usage and implementation of data centers is growing. The industry is witnessing a shift towards cloud computing, which has generated a demand for speed, security, and data storage and is helping strengthen the data center UPS market growth.

Table of Content:

Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Data Center UPS Industry Insights
Chapter 4. Data Center UPS Market, By Product
Chapter 5. Data Center UPS Market, By Component
Chapter 6. Data Center UPS Market, By Application
Chapter 7. Data Center UPS Market, By Region
Chapter 8. Company Profiles

For More details on this Report At: https://www.marketstudyreport.com/reports/data-center-ups-market

Related Report:

United States Data Center UPS Market Report 2018

In this report, the United States Data Center UPS market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

https://www.marketstudyreport.com/reports/united-states-data-center-ups-market-report-2018/?utm_source=RR-PSR

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