UPS Market in APAC to Cross $ 4.1 Billion by 2021
Growing
demand for power backup, declining prices and advancements in technology to
drive sales of UPS in APAC countries
According to TechSci Research report “APAC
UPS Market By kVA Range, By End User, By
Country, Competition Forecast and Opportunities, 2011-2021”, the market for UPS systems in Asia-Pacific is anticipated
to surpass $ 4 billion by 2021 on account of increasing IT investments, surge
in the number of small & medium sized enterprises and rapid growth in the
infrastructural & commercial applications such as IT/ITeS, telecom, retail,
hospitality & BFSI sectors. UPS systems provide uninterrupted power and constant
protection to electric equipment from sudden interruptions in power supply, and
consequently are witnessing a widespread adoption across various end users such
as data centres, hospitals, hotels, telecommunication, IT sector, and various
industries such as oil and gas, chemical, and food processing. Further, demand for
UPS in the Asia-Pacific majorly emanates from expanding IT and telecom sector,
which witnessed significant growth over the last decade, owing to the
increasing IT investments and rising need for uninterrupted power supply to
ensure continuous workflow. During 2012-2017, IT spending in the Asia-Pacific is
expected to grow at a CAGR of around 7%, which is positively influencing the
region’s UPS market.
Browse 3 market
data Tables and 72 Figures spread through 154 Pages and an in-depth TOC on "Asia-Pacific
UPS Market"
http://www.techsciresearch.com/report/apac-ups-market-by-kva-range-less-than-5-kva-5-1-20-kva-20-1-60-kva-60-1-200-kva-and-above-200-kva-by-end-user-by-country-china-india-indonesia-australia-and-others-competition-forecast-and-opportunities-2011-2021/700.html
Asia-Pacific Information Technology (IT)
Spending, By Value (USD Billion), 2012-2017F
On account of easy affordability and
increasing digitalization in diverse end-use segments including small offices,
banks, hospitals, shopping malls, amusement parks, retail outlets, etc., less
than 5kVA UPS segment accounted for the largest share in Asia-Pacific UPS market,
in 2015. Majority of the demand for UPS systems across Asia-Pacific emanates
from commercial sector on the back of widening power demand-supply gap and increasing
SMB IT spending. Emerson Network Power, APC by Schneider Electric, Eaton
Corporation Plc. and Mitsubishi Electric Power Products are few of the major
companies operating in Asia-Pacific UPS market.
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“Increasing digitalization in the
commercial and industrial sectors on account of rising SMB investments coupled
with favorable government initiatives focusing on developing energy efficient
technologies in order to overcome the problem of frequent power shortages, is
likely to boost demand for UPS systems in Asia-Pacific through 2021” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“APAC UPS Market By kVA Range,
By End User, By Country, Competition Forecast and Opportunities, 2011-2021” has evaluated the UPS market across Asia-Pacific and
provides statistics and information on market structure, industry behavior and
trends. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment evaluation. Besides, the report also
identifies and analyzes emerging trends along with essential drivers,
challenges and opportunities available in Asia-Pacific UPS market.
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