IT and Telecommunication Segment is Expected to Dominate the Global Modular UPS Market
Increasing
Demand for Reliable Power Supply and Growth of Data Centers are the
factors propelling the market growth.
According to TechSci
Research report, “Global Modular UPS Market - Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2028”. The Global Modular UPS is
anticipated to project robust growth in the forecast period with a CAGR of 10.74%
through 2028. This growth can be attributed to the trend of using smaller
modular systems, which can trigger the demand for the modular UPS market. One of the primary advantages of using a
modular UPS system is the ability to reconfigure it to meet load demands. This
flexibility is not available with fixed-capacity UPS systems. By optimizing
operational efficiency, the system can automatically power down unrequired
operations into "sleep mode." Based
on End User, IT and Telecommunication will dominate the market, The colocation
industry has experienced significant growth over the past four years, mainly
due to the increasing number of enterprises that rely on large-scale
applications that utilize the resources of multiple clouds. As a result, these
enterprises expect their colocation providers to offer higher service levels to
consolidate their infrastructure and integrate more cloud services as needed.
This trend is creating new opportunities in the modular UPS market. Although often unseen, the critical
components of modern information technology and communication infrastructure,
such as data centers, are the primary drivers of the modular UPS market in the
current market scenario. With data centers frequently requiring 100% uptime,
inconsistencies in the power supply can lead to data loss, non-availability of
essential services, a risk to hardware, and potential financial losses.
Therefore, there is an urgent need for UPSs within the data center industry to
ensure a continuous power supply and minimize the risk of system failure. Hence, the growing reliance on
large-scale applications and cloud services has resulted in a surge in demand
for colocation services, creating new opportunities for the modular UPS market.
These critical systems play a crucial role in maintaining uptime and preventing
data loss, hardware damage, and financial losses, making them an essential
investment for data center providers.
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Based on Region, North America will
dominate the market, North America is the leading region in the modular UPS
market, driven by high demand from the IT and telecommunications, healthcare,
and manufacturing sectors. These organizations have large operational bases,
creating a massive demand for data centers and colocation services, thereby
increasing the demand for modular UPS solutions. Furthermore, according to the National
Data Center Report, Microsoft dominated leasing in the US in recent years, with
multi-tenant data center operators leasing approximately 700 megawatts of
capacity, more than triple the amount leased in previous years. Last year,
Microsoft leased more US data center capacity than any other corporation in the
country, solidifying its position as a major player in the data center
industry. With increasing investments by companies
in North America, coupled with the growing demand for data centers and
colocation services, the region is expected to maintain its position as the
largest market for modular UPS solutions over the forecast period.
Key market players in the Global Modular
UPS Market are following: -
- ABB Ltd
- Emerson Network Power
- Huawei Technologies Co. Ltd
- Schneider Electric SE
- General Electric
- Delta Electronics Inc.
- AEG Power Solutions
- Riello Elettronica Group
- Eaton Corporation
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“The global modular
uninterruptible power supply (UPS) market is driven by several key factors.
First and foremost, the increasing reliance on digital technology in businesses
and critical infrastructure sectors underscores the critical need for a reliable
power supply. Modular UPS systems offer high availability and scalability,
making them a preferred choice for organizations seeking uninterrupted power. The
growth of data centers, driven by the surge in cloud computing, IoT, and
digitalization, is another significant driver. Data centers require robust
power protection, and modular UPS units excel in providing the necessary
reliability and scalability. Energy efficiency is a growing concern for
organizations looking to reduce operational costs and environmental impact.
Modular UPS systems often incorporate advanced energy-saving features,
attracting businesses aiming to optimize power usage. Technological
advancements, including improved efficiency and compact designs, make modular
UPS systems more attractive. Additionally, regulatory compliance mandates the
use of reliable power protection solutions in critical sectors, further
propelling market growth. As businesses become more aware of these benefits,
the global modular UPS market is expected to continue expanding to meet
evolving power protection needs.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based global management consulting firm.
Modular UPS Market – Global Industry Size,
Share, Trends, Opportunity, and Forecast Segmented by Power Capacities (10 -
100 kVA, 101 - 250 kVA, 251 ‚ and 500 kVA), End User (IT and Telecommunication,
Healthcare, and Manufacturing), By Region, By Competition 2018-2028 has evaluated the future
growth potential of Global Modular UPS Market and provides statistics and
information on market structure, size, share, and future growth. The report is
intended to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities present in the Global Modular UPS Market.
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