Press release
Emerging Trends to Drive Data Center UPS Market Growth at 7% CAGR Through 2029
Data Center UPS
Data Center UPS Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a steady increase in the size of the data center UPS market. The market value, which is projected to be at $5.33 billion in 2024, is expected to register a growth to $5.54 billion in 2025, reflecting a Compound Annual Growth Rate (CAGR) of 3.9%. The notable growth during the historic phase can be assigned to a heightened awareness of the costs associated with downtime, a surge in data center construction, the proliferation of edge computing, enhanced concern for power quality, and the worldwide expansion of IT infrastructure.
How Will the Data Center UPS Market Size Evolve and Grow by 2029?
Anticipated to undergo robust expansion in the coming years, the data center ups market size is forecasted to reach $7.25 billion in 2029, boasting a compound annual growth rate (CAGR) of 7.0%. The enhancement expected within the forecast period is driven by persisting rise in data center requirements, increasing importance of business continuity, worldwide connectivity needs, escalating cybersecurity issues, and energy efficiency emphasis. Key trends observed within the forecast period encompass escalating demand for edge computing, surging awareness about energy conservation, utilization of lithium-ion batteries, integration of artificial intelligence and predictive analysis, along with modular ups solutions.
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What Drivers Are Propelling the Growth of Data Center UPS Market Forward?
The growth of the data center UPS market is anticipated to be fuelled by the escalating digital transformation. Essentially, digital transformation is the conversion of conventional procedures into a digitally enabled or online environment, utilizing online services. This transformation necessitates extensive use of the internet or data, which in turn requires continuous power supplies and data centers to manage large scale data procedures. This boosts the demand for data center UPS due to its capacity to handle power requirements. For example, Zippia, an American career specialist, reported in November 2022 that global expenditure on this digital shift will hit $6.8 trillion by 2023. Hence, the rise in digital transformation propels the data center UPS market.
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What Are the Key Trends Driving Data Center UPS Market Growth?
In the data center UPS market, the implementation of novel products seems to be a dominant trend for attaining recognition. The primary companies in the data center UPS market are honing their inventiveness to maintain their market standing. To illustrate, Huawei, a company from China operating in this sector, unveiled advanced solutions in November 2022. These include FusionModule2000 6.0, a versatile small to medium-sized data center solution, and UPS2000-H, a compact power supply solution added to its smart modular data center and smart uninterruptible power supply (UPS) line. These have been engineered for enhancing and upgrading data efficacy at the edge, offering a cost-efficient data center solution that promotes green digitization for enterprises.
What Are the Key Segments in the Data Center UPS Market?
The data center ups market covered in this report is segmented -
1) By Component: Solution, Services
2) By Type: Line Interactive, Standby, Double conversion On line, Other Types
3) By Capacity: 500kVA, 500kVA-1000kVA, More Than 1000kVA
4) By Size: Small, Medium, Large
5) By End-User: Banking, Financial Services And Insurance(BFSI), Manufacturing, Information Technology, Energy, Healare, Government, Entertainment And Media, Other End-User Verticals
Subsegments:
1) By Solution: Standby UPS, Line-Interactive UPS, Online UPS, Modular UPS
2) By Services: Installation Services, Maintenance And Support Services, Consulting Services, Training Services
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Who Are the Key Players Shaping the Data Center UPS Market's Competitive Landscape?
Major companies operating in the data center UPS market include ABB Ltd., AEG Power Solutions GmbH, Clary Corporation, Delta Electronics Inc., Eaton Corporation, General Electric Company, Huawei Technologies Co. Ltd., Intellipower Inc., Legrand SA, Mitsubishi Electric Corporation, Power Innovations International Inc., Schneider Electric SE, Socomec SA, Toshiba Corporation, Vertiv Holdings Co., Shenzhen Kstar Science & Technology Co. Ltd., Xiamen Kehua Hengsheng Co. Ltd., RPS S.p.A., AMETEK Inc., Langley Holdings plc, Riello Uninterruptible Power Systems, CyberPower Systems Inc., Tripp Lite International, Falcon Electric Inc., Gamatronic Electronic Industries Ltd., Borri Industrial Power Solutions, Piller Power Systems Inc., Rittal GmbH & Co. KG, Uninterruptible Power Supplies Ltd., Kohler Co., Cummins Inc., Generac Power Systems Inc., Hitachi Hi-Rel Power Electronics Pvt. Ltd.
What Geographic Markets Are Powering Growth in the Data Center UPS Market?
North America was the largest region in the data center UPS market in 2024. Asia-Pacific is expected to be the fastest-growing region in the data center UPS market report during the forecast period. The regions covered in the data center UPS market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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