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Data Center UPS Market Growth, Competitive Analysis And Forecast 2023 To 2032 | ABB Ltd., AEG Power Solutions, Belkin International Inc., Clary Corporation, Delta Electronics Inc.
Data Center UPS Market Segments
The Business Research Company's Data Center UPS Global Market Report 2023 identifies increasing digital transformation as the major driver for the Data Center UPS market's growth in the forecast period. Digital transformation makes use of more internet or data that requires uninterrupted power supplies and data centers to handle massive data operations, as a result, this will increase the demand for the data center UPS for its ability to manage the power needs.
The global data center UPS market size is expected to grow from $4.79 billion in 2022 to $5.09 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data center UPS market size is expected to grow to $6.49 billion in 2027 at a CAGR of 6.2%.
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Major competitors in the Data Center UPS market are ABB Ltd., AEG Power Solutions, Belkin International Inc., Clary Corporation, Delta Electronics Inc., Eaton Corporation, General Electric Company, Huawei Technologies Co. Ltd., Intellipower Inc., Legrand, Panduit Corporation, Mitsubishi Electric Corporation, Power Innovations International Inc., Schneider Electric SE, Socomec Group, Toshiba Corporation, Vertiv, Shenzhen Kstar Science & Technology Co. Ltd., Xiamen Kehua Hengsheng Co. Ltd., RPS S.p.A., AMETEK Inc., and Langley Holdings Plc.
A key trend in the Data Center UPS market includes product innovations. Major companies operating in the data center UPS market are focusing on innovative products to sustain their position in the market. For instance, in November 2022, Huawei, A China-based company operating in data center UPS introduced innovative solutions, FusionModule2000 6.0, a modular small/medium-sized data center solution, and UPS2000-H, a small-footprint power supply solution to its smart modular data center and smart uninterruptible power supply (UPS) series.
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The Data Center UPS market is segmented -
By Type: Line interactive, Standby, Double conversion on line, Other Types
By Component: Solution, Services
By Capacity: 500kVA, 500kVA-1000kVA, More Than 1000kVA
By Size: Small, Medium, Large
By End-User: Banking, Financial Services and Insurance (BFSI), Manufacturing, Information Technology, Energy, Healthcare, Government, Entertainment and Media, Other End-User Verticals
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Data Center UPS market.
The Business Research Company's "Global Data Center UPS Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Data Center UPS Market Include:
1. Executive Summary
2. Data Center UPS Market Characteristics
3. Data Center UPS Market Trends And Strategies
4. Data Center UPS Market - Macro Economic Scenario
5. Data Center UPS Market Size And Growth
……
26. Africa Data Center UPS Market
27. Data Center UPS Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Data Center UPS Market
29. Data Center UPS Market Future Outlook and Potential Analysis
30. Appendix
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