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Data Center UPS Market is Booming Worldwide with Key Players: Schneider Electric, Mitsubishi Electric, ABB Ltd., Fuji Electric, Eaton Corporation, Delta Electronics Inc, General Electric, Ametek Inc., Vertiv and Toshiba

05-17-2019 07:03 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Data Center UPS Market

Data Center UPS Market

With a plethora of tech innovations to boast of, data center UPS market has been traversing along a profitable growth path in recent years. The competitive spectrum of data center UPS industry is inclusive of some of the most renowned names, such as Schneider Electric, Mitsubishi Electric, ABB Ltd., Fuji Electric, Eaton Corporation, Delta Electronics Inc, General Electric, Ametek Inc., Vertiv and Toshiba Corporation among others. Most companies among these have been attempting to bring about a change of dynamics in data center UPS market, by means of novel product launches depending on consumer demand. For instance, Vertiv has recently launched Liebert EXS, a UPS with the lowest footprint in its class. The product apparently is a monolithic, transformer-less UPS in a small form-factor that houses up to four battery strings.

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The online data center UPS market accounted for majority of the market share in 2016 and will witness high growth as it is being widely accepted and implemented by various companies. They offer improved total power protection to the peripherals & systems and are help decrease data loss that is caused by power disruptions. The online solutions are mainly used for important business applications in various industries owing to which a high demand has been witnessed in the data center UPS market.

In the data center UPS market, the colocation segment has a vital market share in various European and Asian countries since the last few years. Several businesses are migrating part of the IT infrastructure to the cloud, as the colocation data centers are emerging as a perfect solution for providing physical distance among business servers and cloud providers. Several colocation companies are installing innovative technologies to enhance data center quality, improve processing and modernize the operations.

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North America, the hub for tech advancements, accounted for close to 30% of the overall data center UPS market share in 2016, driven by rapid expansion of the manufacturing, IT & telecom, entertainment, and healthcare sectors. Furthermore, data center UPS market companies have been striving to come up with innovations on the home ground so as to increase the momentum of the regional industry. For instance, Fuji Electric Corp Of America has recently come up with their latest UPS system – the UPS7300WX-T3U, which is apparently a transformer-less UPS that can withstand an explicit load and environmental condition of the data center. The system utilizes Fuji Electric’s patented RB -IGBT Technology to deliver up to 97.5% efficiency, and is likely to heavily impact the product landscape of North America data center UPS industry.

Major companies across data center UPS market have been adopting tried-and-tested growth strategies based on the grounds of quality, technology, price, distribution, service and brand. As the tech cosmos depicts massive growth prospects in the years ahead, it is expected that data center UPS industry trends would undergo a considerable change of sorts, which would substantially impact the revenue graph of this business vertical. As per Global Market Insights, Inc., data center UPS industry is expected to cross a valuation of USD 4.5 billion by 2024.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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