Press release
Global Uninterrupted Power Supply (UPS) Market: Size, Trends & Forecasts (2016-2020)
Furthermore, it assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global UPS market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The competition in global UPS market is fragmented with several brands competing in the market. Further, key players of the UPS market: APC (Schneider Electric), Eaton Corporation plc and Emerson are profiled with their financial information and respective business strategies.
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Country Coverage
North America
Latin America
Western Europe
Rest of EMEA
Asia
Company Coverage
APC (Schneider Electric)
Eaton Corporation plc
Emerson
Executive Summary
UPS is a power supply electronic device that bridges the power supply gap to the equipment when there is a power outage. It provides a safe, stable and uninterrupted electric energy to the equipment when the main supply fails. The UPS is emerging as an essential infrastructure for the development of the economies. The components of the UPS are rectifier, battery, inverter and transfer switch. The development in electronics and computer based devices, has increased the usage of sensitive electronics equipment like personal computers, super computers, data processors, digital controllers etc. Such devices requires interruption free power supply, because these devices have to handle data in memories and processors.
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The types of UPS include: offline UPS, line interactive, online UPS, standby ferro UPS, etc. Since, the major function of the UPS is to provide a stable and an uninterrupted power supply to the equipment to keep the activities running, the applicability of the electronic device is burgeoning in data centres, healthcare and medical, telecommunications and other industries, etc.
The UPS market is expected to increase at a significant CAGR during the years 2016-2020. The UPS market is estimated to increase due to growth in global infrastructure, increasing public cloud computing services, increasing IT spending on data centres, increase in global number of ATM machines, increase in global number of internet users, etc. Yet the market faces some challenges such as, maintenance cost, startup cost, infrastructure setup and consistent innovation, etc.
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