Uninterruptible Power Supply Market Scope
The global uninterruptible power supply market is expected to witness a significant growth over the forecast period owing to increasing demand of the high power range systems and technological advancement and the availability of data center rack solutions. The uninterruptible power supply is a device which provides backup power when utility power fails, either long enough for critical equipment to shut down elegantly so that no data is lost, or long enough to keep necessary loads operational until a generator comes online. However, the high cost of installation and maintenance of uninterruptible power supply is hampering the market growth.
The market study is being classified by Type (Single-Conversion Systems, Double-Conversion Systems and Multi-Mode Systems) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Uninterruptible Power Supply market throughout the predicted period.
ABB (Switzerland), Mitsubishi Electric (Japan), Caterpillar Inc. (United States), AMETEK Solidstate Controls (United States), Eaton Corporation (Ireland), Schneider Electric (France), AEG Power Solutions (Netherlands), Benning Power Electronics (United States), Borri S.p.A. (Italy) and Fuji Electric (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Riello UPS (Italy), Piller Group (Germany), Cyber Power Systems (United States) and Falcon Electric (United States).
AdvanceMarketAnalytics has segmented the market of Global Uninterruptible Power Supply market by Type, Application and Region.
On the basis of geography, the market of Uninterruptible Power Supply has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Design, the sub-segment i.e. Standby will boost the Uninterruptible Power Supply market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Uninterruptible Power Supply market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. BFSI will boost the Uninterruptible Power Supply market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On Jun 20, 2019 - Fuji Electric Co., Ltd., announced that, in order to expand its power electronics systems business in India, it has entered into an agreement with Peepul Capital Fund III LLC and the individual shareholders to acquire the entire shares of Consul Neowatt Power Solutions Private Limited (CNPS), a major power electronics manufacturer in the country.
On July 12, 2019 - Cyber Power Systems (USA), Inc., a leader in power protection and management products, released two new models of professional-grade Smart App Online UPS systems.
- Rising Demand for Essential Power Back-Up Devices
- Increasing Demand of the High Power Range Systems
- Technological Advancement and the Availability of Data Center Rack Solutions
- Government Initiatives for Industrial Development
- High Installation and Maintenance Cost
- Require More Power than the Demand of the Attached Equipment
Key Target AudienceManufacturers of Uninterruptible Power Supply, Suppliers of Raw Materials, Distributors, and Retailers of Uninterruptible Power Supply, Electronic Industry, IT Industry, Governmental Bodies and Research Firms
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