UPS Market Forecast Driven by Power Reliability and Digital Infrastructure Expansion | Valuates Reports

UPS Market Size
The global UPS market was valued at US$ 28560 million in 2023 and is anticipated to reach US$ 36490 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.

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The uninterruptible power supply (UPS) market is experiencing robust market growth, fueled by the increasing need for power continuity and surge protection across critical infrastructure and digital services. The market size continues to expand as industries invest in UPS systems to ensure operational stability and safeguard against power disturbances.

By type, AC UPS systems hold the larger market share, favored for their compatibility with conventional data centers, telecommunications base stations, and enterprise applications requiring line-interactive or online backup. DC UPS units, while currently representing a smaller share, are growing steadily due to rising deployment in telecom towers, renewable energy setups, and edge computing environments where DC-native power offers efficiency and reduced conversion losses-reflecting industry trends toward system simplification and energy optimization.

Regarding application, the financial industry commands a substantial portion of the market size, driven by the critical requirement for clean, uninterrupted power in trading platforms and banking operations. The telecommunications industry follows closely, investing in UPS systems to support 24/7 network uptime and infrastructure resilience. Government procurement and manufacturing sectors also contribute significant market share, leveraging UPS solutions for public service continuity and automated production security. The transportation industry-supporting traffic networks, rail systems, and air traffic control-adds another key segment, while other applications such as healthcare, retail, and educational facilities exhibit growing uptake driven by digitalization and automation trends.

Overall, the UPS market forecast indicates sustained market growth, supported by ongoing infrastructure modernization, rising adoption of edge and DC-powered systems, and increasing requirements for power reliability across industries and environments.

Segment by Type

• DC UPS
• AC UPS

Segment by Application

• Financial Industry
• Telecommunication Industry
• Government Procurement
• Manufacturing Industry
• Transportation Industry
• Others

By Company

Schneider-Electric, Eaton, Emerson, Activepower, S&C, ABB, Socomec, Toshiba, Gamatronic, Kehua, KSTAR, EAST, Zhicheng Champion, Delta Greentech, Eksi, CyberPower, Jonchan, Sendon, Angid, Stone, SORO Electronics, Baykee, Jeidar, Sanke, Foshan Prostar, DPC, Hossoni

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