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Global Modular Uninterruptible Power Supply (UPS) Market Comprehensive Study: Forecasted Market Size And Growth Rate | ABB Group, Eaton Corporation plc., Chneider Electric SE, Huawei Technologies Co. Ltd., Delta Electronics In
Modular Uninterruptible Power Supply (UPS) Market Characteristics
The Business Research Company offers in-depth market insights through Modular Uninterruptible Power Supply (UPS) Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The modular uninterruptible power supply (ups) market size has grown strongly in recent years. It will grow from $3.88 billion in 2023 to $4.22 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increased reliability, energy efficiency, telecommunications expansion, green initiatives, scalability.
The modular uninterruptible power supply (ups) market size is expected to see strong growth in the next few years. It will grow to $5.87 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to data center growth, ups redundancy, renewable energy integration, cybersecurity concerns, remote work infrastructure. Major trends in the forecast period include 5g expansion, edge computing, electrification of vehicles, microgrids, hybrid and modular solutions.
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Market Segmentation:
The main types of products in modular uninterruptible power supply (UPS) are online or double-conversion, line-interactive and off-line or standby. Modular online or double conversion UPS systems provide continuous power to critical loads by sorting and transferring incoming utility power to DC power, which is then converted to a perfect AC output from the inverter. The power capacities in modular UPS systems vary from 0-50kVA, 51-100kVA, 101-300kVA, and 301-and above kVA. These systems are implemented in various verticals such as data centers, industries, telecommunications, commercial, BFSI, government and others.
Major Driver - Data Center Expansion Drives Demand For Modular Uninterruptible Power Supply (UPS) Solutions
An increasing number of data centers is contributing to the modular uninterruptible power supply (UPS) market growth. The upcoming and existing data centers are being provided with modular uninterruptible power supply (UPS) market to attain higher standardization, greater flexibility, and expandability. Data centers are also being assisted with modular UPSs for ensuring continuous and reliable power supply and support of the systems during power outrage. For instance, According to MarketSplash, a US-based digital marketing, design, and internet publishing service company, Europe had 1240+ data centres at the end of 2022, and there are around 8,000 data centre locations globally. Therefore, the increasing number of data centers is expected to propel the growth of the modular uninterruptible power supply (UPS) market.
Competitive Landscape:
Major companies operating in the modular uninterruptible power supply (ups) market include ABB Group, Eaton Corporation plc., Chneider Electric SE, Huawei Technologies Co. Ltd., Delta Electronics Inc., AEG Power Solutions B.V., Liebert Corporation., Emerson Electric Co., Rittal GmbH & Co. KG, Toshiba International Corporation (TIC), Gamatronic Electronic Industries Ltd., General Electric Company., Mitsubishi Electric Corporation, Riello Elettronica Group., CyberPower Systems Inc., Socomec Group, Borri Industrial Power Solutions, Falcon Electric Inc., KSTAR Corporation., Legrand SA, Uninterruptible Power Supplies Ltd., Advanced Energy Industries Inc., AMETEK Inc., Fuji Electric Co. Ltd., Kohler Co., Mitsubishi Electric Power Products Inc., Piller Power Systems Inc., S&C Electric Company.
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Top Trend - Modular Ups Manufacturers Innovate To Meet Future Infrastructure Development Trends And Demands From Data Centers
The modular uninterruptible power supply (UPS) manufacturers are developing innovative products to meet the future infrastructure development trend and demand from modular data centers. For instance, in January 2021, Huawei, a China-based provider of information and communication technology (ICT) and smart devices launched next-generation of large- and medium-sized UPS5000-H series products which are part of the ultra-high density UPS series. The modular UPS has a high-capacity configuration of a 1Mmega watt power cabinet with the installation of 10 modular UPS 100KW@ 3U in one cabinet.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Modular Uninterruptible Power Supply (UPS) Market Characteristics
3. Modular Uninterruptible Power Supply (UPS) Market Trends And Strategies
4. Modular Uninterruptible Power Supply (UPS) Market - Macro Economic Scenario
5. Modular Uninterruptible Power Supply (UPS) Market Size And Growth
…..
27. Modular Uninterruptible Power Supply (UPS) Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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