The Modular Uninterruptible Power Supply (UPS) Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Modular Uninterruptible Power Supply (UPS) Global Market Report 2024, The modular uninterruptible power supply (ups) market size has grown strongly in recent years. It will grow from $3.88 billion in 2023 to $4.22 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. 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 $5.87 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. 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.
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.
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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
The modular uninterruptible power supply (UPS) manufacturers are developing innovative products to meet the future infrastructure development trend and demand from modular data centers. For instance, in January 2021, Huawei, a China-based provider of information and communication technology (ICT) and smart devices launched next-generation of large- and medium-sized UPS5000-H series products which are part of the ultra-high density UPS series. The modular UPS has a high-capacity configuration of a 1Mmega watt power cabinet with the installation of 10 modular UPS 100KW@ 3U in one cabinet.
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 – Macro Economic Scenario
5. Global Modular Uninterruptible Power Supply (UPS) Market Size and Growth
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31. Global Modular Uninterruptible Power Supply (UPS) Market Competitive Benchmarking
32. Global Modular Uninterruptible Power Supply (UPS) Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Modular Uninterruptible Power Supply (UPS) Market
34. Modular Uninterruptible Power Supply (UPS) Market Future Outlook and Potential Analysis
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