Press release
Future of the Modular Uninterruptible Power Supply (UPS) Market: Trends, Innovations, and Key Forecasts Through 2034
Modular Uninterruptible Power Supply (UPS)
Modular Uninterruptible Power Supply (UPS) Market Size Growth Forecast: What to Expect by 2025?
Recent times have seen considerable growth in the size of the modular uninterruptible power supply (UPS) market. The market is projected to augment from $4.15 billion in 2024 to around $4.48 billion in 2025, boasting a compound annual growth rate (CAGR) of 7.9%. This growth during the historic period is mainly driven by factors such as enhanced reliability, energy efficiency, telecommunications development, ecological initiatives, and scalability.
How Will the Modular Uninterruptible Power Supply (UPS) Market Size Evolve and Grow by 2029?
The size of the modular uninterruptible power supply (UPS) market is forecasted to experience robust expansion in the coming years, rising to $6.23 billion by 2029 with a compound annual growth rate (CAGR) of 8.6%. This predicted growth in the timeframe can be linked to the expansion of data centers, UPS redundancy, integration of renewable energy, issues related to cybersecurity, and the infrastructure for remote work. The forecast period also reveals major trends like the proliferation of 5G, edge computing, vehicle electrification, microgrids, and the adoption of hybrid and modular solutions.
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What Drivers Are Propelling the Growth of Modular Uninterruptible Power Supply (UPS) Market Forward?
The proliferation of data centers is fueling the expansion of the modular uninterruptible power supply (UPS) market. Both existing and forthcoming data centers are being equipped with modular UPSs in order to achieve superior standardization, more flexibility, and scalability. These data centers also rely on modular UPSs for a steady and dependable power source, supporting their systems in the event of power failures. For example, MarketSplash, a US-based firm specializing in digital marketing, design, and internet publishing, reported that Europe hosted over 1240 data centres at the close of 2022, and approximately 8,000 data centre locations exist worldwide. Hence, the escalating number of data centers is projected to drive the growth of the modular uninterruptible power supply (UPS) market.
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Which Emerging Trends Are Transforming the Modular Uninterruptible Power Supply (UPS) Market in 2025?
Leading enterprises in the modular uninterruptible power supply (UPS) market are focusing on creating technological advancements, such as medium-power modular UPS, to enhance energy efficiency and scalability. A medium-power modular UPS is a unique system that offers backup power for applications that need moderate power, typically from a handful kilowatts to several hundreds of kilowatts. For instance, in October 2023, Socomec India Inc., an Indian entity known for offering low voltage power switching, monitoring, and power conversion products, introduced the MODULYS XM. It is a novel medium power version that is claiming new industry standards with its 50 kW modules and power choices scalable up to 600 kW, all encapsulated in the same footprint. Famous for its outstanding reliability, the MODULYS XM comes with hot-swappable modules that can be maintained with ease and allows module inclusions within just 2 minutes. This system consists of a 50 kW power module and a specially optimized group of fully equipped configurations: MODULYS XM earmarked for 250 kW with 50 kW redundancy and MODULYS XM intended for 600 kW with 50 kW redundancy. The MODULYS XM's 50 kW power modules have proven their dependability with an MTBF (Mean Time Between Failures) of over 1,000,000 hours, as validated by a third party built on substantial data, which is four times longer than the best standards in the market.
What Are the Key Segments in the Modular Uninterruptible Power Supply (UPS) Market?
The modular uninterruptible power supply (UPS) market covered in this report is segmented -
1) By Product Type: Online Or Double-Conversion, Line-Interactive , Off-line Or Standby
2) By Power Capacities: 0 - 50 kVA, 51 - 100 kVA, 101 - 300 kVA, 301 and Above kVA
3) By End-User: Data Centers, Industrial, Telecommunication, Commercial, BFSI, Government, Other End-Users
Subsegments:
1) By Online or Double-Conversion: True Online UPS, Delta Conversion UPS
2) By Line-Interactive: Automatic Voltage Regulation (AVR) UPS, Line-Interactive With Sine Wave Output
3) By Off-line or Standby: Basic Standby UPS, Smart Standby UPS
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Who Are the Key Players Shaping the Modular Uninterruptible Power Supply (UPS) Market's 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.
What Geographic Markets Are Powering Growth in the Modular Uninterruptible Power Supply (UPS) Market?
North America was the largest region in the modular uninterruptible power supply (UPS) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the modular uninterruptible power supply (UPS) market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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