1 / 3

UPS Market

The Global Uninterruptible Power Supply (UPS) Market is growing at a CAGR of 3.68% during the forecast period of 2023 to 2030.

Amey6
Download Presentation

UPS Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. UPS Market: Crucial Technology to power Digital Infrastructure Technological advancements have fueled a significant rise in the construction of data centers, which serve as vital pillars supporting a wide range of digital operations. Currently, there are approximately 8,000 data centers worldwide, with projections indicating that by 2025, these centers will consume a substantial 20% of the global power supply. To ensure the efficient functioning of data centers, the installation of UPS systems has become a necessity, as these batteries provide continuous power backup, safeguarding operations even during power outages. The global uninterruptible power supply (UPS) market is projected to reach $11037.64 million by 2030, with a CAGR of 3.68% from 2023-2030. UPS systems are widely being embraced in smart buildings and Internet of Things (IoT) technologies. This trend will push potential opportunities in the market. The intelligent infrastructure heavily depends on a reliable power supply to ensure their proper functioning. Uninterruptible power supply system effectively address the challenges posed by the digital era, enabling their growth and ensuring uninterrupted operations. Examples of UPS systems in Smart Buildings:

  2. The Edge Building, Amsterdam: One of the smartest and most sustainable buildings in the world. It incorporates advanced IoT technologies and features a sophisticated UPS system to ensure uninterrupted power supply for critical systems, including lighting, HVAC, and data infrastructure. The Crystal, London: It is a sustainable building and exhibition space that showcases cutting- edge technologies for urban sustainability. It utilizes smart building systems and relies on UPS systems to maintain a reliable power supply for its intelligent infrastructure, which includes interactive exhibits, data displays, and energy management systems. UPS systems for Data Centers: Market by Technology Different data centers require different UPS systems. Based on technology, the uninterruptible power supply (UPS) market presents two distinctive sub-categories modular and monolithic UPS systems. These classifications represent two approaches to power backup solutions, each offering unique features and benefits tailored to specific business needs. A monolithic UPS system encompasses individual units with internal maintenance bypass functionality and a built-in static switch. These features enable seamless maintenance operations and swift switching between power sources, ensuring uninterrupted power supply during critical moments. In 2022, monolithic uninterruptible power supply (UPS) systems emerged as the dominant segment, with a revenue of $7157.33 million. The dominance of this segment can be attributed to its smooth maintenance operations and rapid power source switching. Few Examples where monolithic UPS systems are used: The Eaton 93PM UPS is used in the Equinix SV5 data center located in San Jose, California, USA. Equinix SV5 is a facility that provides colocation and interconnection services. In the Telehouse London Docklands North data center, located in London, United Kingdom, the Schneider Electric Galaxy VX UPS system is utilized. Telehouse London Docklands North is a data center facility that offers carrier-neutral colocation services. Regional Snapshot The Asia-Pacific region has established itself as a hub of rapidly growing digital economies fueled by businesses and individuals' increasing reliance on digital technologies. This shift has sparked a demand for data centers, the backbone of this digital revolution. From the smallest smartphone to the vast network of cloud computing servers, countless devices and systems rely on a continuous and reliable power supply to function optimally. Few Examples:

  3. Huawei Modular UPS, is commonly adopted by data centers and businesses across the Asia- Pacific region to ensure reliable power backup and scalability. Companies like Tencent, Alibaba, and China Mobile are known to use Huawei UPS systems in their data centers. Also, APC Back- UPS Pro, is used by various companies like Canon, Sony, and Panasonic. As per our experts, the Asia-Pacific UPS uninterruptible power supply market is estimated to grow at a CAGR of 4.23% throughout the forecast period, 2023-2030. Unlocking Business Continuity Maintaining a reliable power backup solution in today's fast-paced business landscape has become an indispensable requirement for any IT infrastructure. While the uninterruptible power supply (UPS) market may encounter growth limitations in the forecast period due to the higher cost of online UPS compared to offline UPS, the benefits far outweigh the investment. For example, UPS manufacturers like APC by Schneider Electric offer a range of UPS solutions to meet diverse business needs. Its Smart-UPS series, combines advanced technology with superior performance, ensuring continuous operation for critical applications. By investing in a power backup solution like UPS, organizations can safeguard vital data, maintain seamless functionality, and prevent costly disruptions that could hamper productivity and compromise customer satisfaction. FAQ’s Q1) What is a key challenge faced by the studied market? The key challenge faced by the market is the higher cost of online UPS compared to offline UPS. Q2) Which are a notable company in the UPS systems market? A few companies in the market include Schneider Electric SE, Delta Electronics Inc, Mitsubishi Electric Corporation, General Electric Company, Eaton Corporation Plc, and Emerson Electric Co.

More Related