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Uninterruptible Power Supply Market: Competitive Dynamics & Global Outlook 2024– Top Key players like– Top Key players like ABB,Eaton,Borri,Inc.
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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.
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.
The global Uninterruptible Power Supply market was 3120 million US$ in 2017 and is expected to 5470 million US$ by the end of 2025, growing at a CAGR of 7.3% between 2018 and 2025.
Market Segment by Manufacturers, this report covers
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
Uninterruptible Power Supplies
Market Segment by Type, covers
100.1 kVA and above
20.1-100 kVA
10.1-20 kVA
1-10 kVA
Market Segment by Applications, can be divided into
Power
Process
Oil and gas
Refining and Petrochemical
Transport Infrastructure
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Related Information:
North America Uninterruptible Power Supply Market Growth 2019-2024
United States Uninterruptible Power Supply Market Growth 2019-2024
Asia-Pacific Uninterruptible Power Supply Market Growth 2019-2024
Europe Uninterruptible Power Supply Market Growth 2019-2024
EMEA Uninterruptible Power Supply Market Growth 2019-2024
Global Uninterruptible Power Supply Market Growth 2019-2024
China Uninterruptible Power Supply Market Growth 2019-2024
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