Data Center UPS Market worth USD 6.65 Billion by 2022: Global Market Insights, Inc.

“Key industry participants occupying major data center UPS market share encapsulate Emerson Network Power, Eaton Corp, Schneider Electric, Clary, Belkin International, Controlled Power Company, General Electric Industrial Systems, Gamatronic Electronic Ind”
The report “Data Center UPS Market Size By Product (Medium Data Center UPS, Large Data Center UPS, Small Data Center UPS) Industry Outlook Report, Regional Analysis, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2022”, The Data center UPS market size is anticipated to surpass USD 6.6 billion by 2022, growing at a CAGR of 7.4% from 2015 to 2022.

Growth of new data centers with the reformation of earlier ones is expected to give a considerable boost to the Data Center UPS Market. Increase in outages and voltage instability will accelerate the demand of capable UPS systems in most of the data centers. Cloud is the hottest technology which renders maximum power in minimum space.

Data Center UPS market trend is expected to get an upsurge with this technology. Big data center industries were anticipated to go beyond USD 500 million in the year 2014 and are estimated to touch USD 1 billion till 2022 with a CAGR of 8.5%. Medium centers will rise distinctly because of high demand in diverse fields like universities, cable handling junctions, medical field, government and commercial firms. Small data center market contributed 57% of the overall share in the year 2014 and is likely to rise with a compound annual growth rate of 7%. With great demand in factory floors, medical imaging, industrial sectors, server rooms, the market is expected to boom between the years 2015 to 2022.

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North America which is a leading user of UPS was appreciated with USD 1.3 billion and is likely to cross USD 2.1 billion till 2022 with a CAGR of 6.9%. Asia Pacific market is estimated to go beyond USD 1.7 billion till 2022 and is likely to rise with a CAGR more than 8.6% between the years 2015 to 2022. Europe market noticed more than USD 990 million in the year 2014 and is anticipated to cross USD 1.68 billion in the coming years. Speeding up the demand from financial sectors, healthcare industries, insurance services and computing infrastructure is projected to fuel up UPS market share.

Saturation in semiconductor industry is projected to obstruct the demand in the coming six years. Many global U.S. manufacturers are estimated to raise their voice for the slowdown of industries. Countries like China and Taiwan, which are considered as electronics center, will be impacted more thus, disturbing the overall demand in industries.

Major industries which have captured prominent shares of Data Center UPS market include Emerson Network Power, Controlled Power Company, Belkin International, Gamatronic Electronic Industries, Schneider Electric, Toshiba and others.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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