Press release
Green UPS Market Top Keyplayers Cyber Power Systems Inc., Emerson Network Power Inc., Eaton Corporation PLC, Falcon Electric Co., General Electric Co., Numeric Power Systems, Rittal Corporation, Smart Power Systems
Green UPS (Uninterrupted Power Supply) is an electrical device, which provides power supply to loads when power supply from the main station fails. It helps in conserving energy and reducing the carbon footprint. A single green UPS system can reduce carbon footprint by 3,152 pounds and conserve 2,352 kilowatt-hours of electricity, which is enough to power a compact fluorescent light bulb for 20 years.Download PDF Brochure of Research Report: https://www.coherentmarketinsights.com/insight/request-pdf/2101
Increasing demand for uninterrupted power supply
Restriction of hazardous substance (ROHS) directive adopted by the EU in February 2003 put forth restrictions on the use of certain hazardous chemicals/substances for the manufacturing of electrical or electronic products. The green UPS comply with the directive and is eco-friendly, as they do not involve the use of hazardous chemicals/substances during its manufacture.
Increasing IT sector and number of data centers in the last decade across the globe is driving growth of the green UPS market. For instance, according to a report published by the Department of Commerce of Washington State in January 2018, in 2017, the number of data centers across the globe totaled 8.6 million.
Rising urbanization across the globe leading to increasing demand for continuous power supply and growing power deficit resulting in interrupted power supply is driving growth of the green UPS market. Rising standard of living and increasing disposable income also drives the market growth.
Global Green UPS Market: Regional Analysis
North America and Europe have the largest market share with respect to the usage of green UPS. North America has been witnessing growth in the green UPS market over the years, owing to the presence of large number of data centers and impending plans to build new ones in the future, as more and more enterprises are migrating from housing their data centers in-house to outsourcing their data storage to service providers such as Google and Oracle who have their own data centers across the globe.
Asia Pacific is expected to show growth in the green UPS market. This is due to the fact that economies in Asia Pacific such as India and China, where consumers are concerned towards adopting eco-friendly energy saving products in addition to government initiatives (such as subsidies for purchasing and installing such services) are encouraging the use of such products.
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Global Green UPS Market: Competitive Landscape
Key players operating in the green UPS market include Cyber Power Systems Inc., Emerson Network Power Inc., Eaton Corporation PLC, Falcon Electric Co., General Electric Co., Numeric Power Systems, Rittal Corporation, Smart Power Systems, Socomec, Tech Data Corporation, and Tripp Lite.
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