Overview and Scope
The modular uninterruptible power supply (UPS) is a device where each module in modular UPS is embedded with hardware and software required for autonomous operation. In modular uninterruptible power supply (UPS) each module is provided with critical components and thereby eliminating the weak points. Through decentralized static bypass switches and controls, modular UPS systems eliminate single points of failure.
Sizing and Forecast
The modular uninterruptible power supply (ups) market size has grown strongly in recent years. It will grow from <b>$3.88 billion in 2023 to $4.22 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. </b> The growth in the historic period can be attributed to increased reliability, energy efficiency, telecommunications expansion, green initiatives, scalability.
The modular uninterruptible power supply (ups) market size is expected to see strong growth in the next few years. It will grow to <b>$5.87 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. </b> The growth in the forecast period can be attributed to data center growth, ups redundancy, renewable energy integration, cybersecurity concerns, remote work infrastructure. Major trends in the forecast period include 5g expansion, edge computing, electrification of vehicles, microgrids, hybrid and modular solutions.
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Segmentation & Regional Insights
The modular uninterruptible power supply (ups) market covered in this report is segmented –
1) By Product Type: Online Or Double-Conversion, Line-Interactive , Off-line Or Standby
2) By Power Capacities: 0 – 50 kVA, 51 – 100 kVA, 101 – 300 kVA, 301 and Above kVA
3) By End-User: Data Centers, Industrial, Telecommunication, Commercial, BFSI, Government, Other End-Users
<b>North America</b> was the largest region in the modular uninterruptible power supply (UPS) market in 2023. <b>Asia-Pacific</b> is expected to be the fastest-growing region in the forecast period. The regions covered in the modular uninterruptible power supply (ups) market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
An increasing number of data centers is contributing to the modular uninterruptible power supply (UPS) market growth. The upcoming and existing data centers are being provided with modular uninterruptible power supply (UPS) market to attain higher standardization, greater flexibility, and expandability. Data centers are also being assisted with modular UPSs for ensuring continuous and reliable power supply and support of the systems during power outrage. For instance, According to MarketSplash, a US-based digital marketing, design, and internet publishing service company, Europe had 1240+ data centres at the end of 2022, and there are around 8,000 data centre locations globally. Therefore, the increasing number of data centers is expected to propel the growth of the modular uninterruptible power supply (UPS) market.
Key Industry Players
Major companies operating in the modular uninterruptible power supply (ups) market include <b> ABB Group, Eaton Corporation plc., Chneider Electric SE, Huawei Technologies Co. Ltd., Delta Electronics Inc., AEG Power Solutions B.V., Liebert Corporation., Emerson Electric Co., Rittal GmbH & Co. KG, Toshiba International Corporation (TIC), Gamatronic Electronic Industries Ltd., General Electric Company., Mitsubishi Electric Corporation, Riello Elettronica Group., CyberPower Systems Inc., Socomec Group, Borri Industrial Power Solutions, Falcon Electric Inc., KSTAR Corporation., Legrand SA, Uninterruptible Power Supplies Ltd., Advanced Energy Industries Inc., AMETEK Inc., Fuji Electric Co. Ltd., Kohler Co., Mitsubishi Electric Power Products Inc., Piller Power Systems Inc., S&C Electric Company. </b>
The modular uninterruptible power supply (ups) market report table of contents includes:
1. Executive Summary
2. Modular Uninterruptible Power Supply (UPS) Market Characteristics
3. Modular Uninterruptible Power Supply (UPS) Market Trends And Strategies
4. Modular Uninterruptible Power Supply (UPS) market analysis
5. Modular Uninterruptible Power Supply (UPS) Market Size And Growth
6. Modular Uninterruptible Power Supply (UPS) Segmentation
7.Modular Uninterruptible Power Supply (UPS) Regional And Country Analysis
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27.Modular Uninterruptible Power Supply (UPS) Competitive Landscape And Company Profiles
28.Modular Uninterruptible Power Supply (UPS) Key Mergers And Acquisitions
29.Modular Uninterruptible Power Supply (UPS) Future Outlook and Potential Analysis
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