Global Uninterruptible Power Supply (UPS) Market is expected to rise from its initial estimated value of USD 7.83 billion in 2018 to an estimated value of USD 14.58 billion by 2026, registering a CAGR of 8.08% in the forecast period of 2019-2026. This rise in market value can be attributed to the benefits associated with the usage of UPS’s (Uninterruptible Power Supply).
Major Market Competitors/Players: Global Uninterruptible Power Supply (UPS) Market
Few of the major competitors currently working in uninterruptible power supply (UPS) market are –
- Schneider Electric,
- Emerson Electric Co.,
- S&C Electric Company,
- TOSHIBA CORPORATION,
- AEG Power Solutions B.V.,
- Xiamen Kehua Hengsheng Co. Ltd.,
- SENDON INTERNATIONAL LTD.,
- Guangdong Prostar New Energy Technology Co. Ltd.,
- Kstar New Energy,
- Delta Electronics Inc.,
- Cyber Power Systems (USA) Inc.,
- Guangdong Zhicheng Champion Group Co. Ltd.,
- JONCHAN Electrical Science & Technology Co.ltd,
- Shenzhen SORO Electronics Co. Ltd,
- BAYKEE BORN FOR POWER,
- Gamatronic Electronic Industries Ltd.,
- Zhejiang Sanke Electric Co. Ltd.,
- China HongBao Electric Co. Ltd.,
- Active Power,
- Beijing Dynamic Power Co.Ltd.
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Competitive Analysis: Global Uninterruptible Power Supply (UPS) Market
Global uninterruptible power supply (UPS) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of uninterruptible power supply (UPS) market for global, Europe, North America, Asia Pacific and South America.
Global Uninterruptible Power Supply (UPS) Market,
- By Capacity (1-20 KVA, 20.1-50 KVA, 50.1-100 KVA, 100.1-200 KVA, 200.1-500 KVA, Above 500 KVA),
- By Product Type (Off-Line/Standby, Line-Interactive, Online/Double-Conversion),
- By Application (Telecommunication, Data Center, Medical, Industrial, Marine, Others),
- By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
- Rapid urbanization and growth in the IT market is expected to act as a driver to the market growth
- Benefits associated with the usage of UPS such as damage limitation to the various electrical components & appliances, and saving of data on the servers they are applied to is also expected to drive the market growth
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