Report Description

Forecast Period

2023-2028

Market Size (2022)

USD 349.34 Million

CAGR (2023-2028)

11.5%

Market Size (2028)

USD 660.32 Million

Fastest Growing Segment

Northern & Central Region

Largest Market

Online UPS


Saudi Arabia UPS (Uninterruptible Power Supply) market is anticipated to grow at a steady CAGR during the forecast period 2024-2028. An uninterruptible power supply (UPS) is a component that enables a computer to continue operating for at least a brief period when the power supply is interrupted. Utility electricity maintains and replenishes the energy storage if it is in use. The more energy that can be stored, the longer electricity can be sustained.

A UPS or Uninterruptible Power Supply is designed to provide protection to sensitive electrical equipment, including computers, data centers, and telecommunications systems, among others, from sudden power outages. In situations where a power outage could lead to loss of data or even harm, a UPS serves as a critical backup power source. Once the UPS is charged and connected to the device, it can provide backup power for 15-20 minutes or more, depending on the device's power consumption. Beyond preventing data loss, the UPS can also help prevent hardware damage by regulating power input and preventing sudden fluctuations in current. The number of data centres is increasing globally, remote work or work from home (WFH) is becoming more popular, and the manufacturing industry is expanding. All these factors are significantly affecting the need for Uninterruptible Power Supply (UPS) systems in the residential and commercial sectors. Additionally, the expanding healthcare and tourist sectors are further involved in boosting Saudi Arabia's UPS market revenue.

Increase in Demand for Reliable Power Supply.

The Saudi UPS market is being primarily driven by several factors, including the increasing need for reliable power supply in the country. This demand has been boosted by significant investments by the government in infrastructure development, thereby contributing to the growth of the UPS systems industry. Furthermore, the growing IT and telecom sector has led to an increase in demand for UPS systems. The healthcare and industrial sectors have also witnessed a rise in demand for power backup solutions, further fuelling market growth.

Additionally, the rise in disposable family incomes in Saudi Arabia has led to increased sales of electrical equipment, such as refrigerators, air conditioners, televisions, and microwaves. This increase in demand for electrical equipment is also expected to drive demand for UPS batteries. As a result, the UPS market is poised to experience rapid expansion throughout the forecast period due to the aforementioned factors.

Green UPS Systems to Drive the Market Growth

Energy prices have grown considerably in recent years, and consumers have become more environmentally conscious. As a result of these issues, several companies have developed green UPS technology that consumes less energy. When compared to traditional UPS designs, green UPS solutions can reduce power consumption by up to 75%. Therefore, when purchasers compare UPS devices, one of the primary parameters they consider is energy efficiency. In addition, improved monitoring and thermal design technologies in green UPS systems reduce heat generation. As a result, demand for green UPS is expected to expand considerably throughout the forecast period due to an increase in the usage of green UPS devices in a number of applications, including IT networks and telecommunications.


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Market Segments

Saudi Arabia UPS Market is divided on the basis of Type, Rating, Sector and Application. Based on Product, the market is further bifurcated into Online, Offline, and Line Interactive. Based on Rating, the market is segmented into Less than Less than 5kVA, 5.1 kVA - 50 kVA, 50.1 kVA - 200 kVA, Others, Based on Sector, the market is segmented into BFSI, OEM(Manufacturing), Oil & Gas, Power, Healthcare, IT, Housing, Others. Based on Application, the market is further segmented into Commercial, Residential, Government, and Industrial.

 

Market Players

Major market players of Saudi Arabia UPS Market are ABB Ltd, General Electric Company, Shenzhen Kstar Science And Technology Co. Ltd., Wataniya Fiber Glass Reinforced Plastic Factory Co. W.L.L, Eaton Corporation PLC, Legrand SNC FZE, Socomec Middle East, Tripp Lite, Vertiv Co and Riello UPS Middle East FZ-LLC.

Recent Developments

  • In April 2020, the recently established facility of Arabian Power Electronics Company (APEC) in Al-Khobar, Saudi Arabia, is the first and only one of its kind in the Kingdom as well as the whole region. It will manufacture UPS systems, battery chargers, inverters, frequency converters, and solar power systems.

  • In Dec 2022, Rolls Royce supplied mtu Kinetix PowerPacks to a Saudi supercomputer where, in the case of a power outage, the constantly revolving accumulator will ensure the startup of a diesel engine and the instantaneous security of essential load.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

Type

Rating

Sector

Application

Region

Regional scope

Western Region, Northern & Central Region, Eastern Region, Southern Region

Key companies profiled

ABB Ltd, General Electric Company, Shenzhen Kstar Science And Technology Co. Ltd., Arabian Power Electronics Company, Eaton Corporation PLC, Socomec Middle East, Riello UPS Middle East FZ-LLC, Vertiv Co, Tripp Lite

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, Saudi Arabia UPS Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

            ·         Saudi Arabia UPS Market, By Type:

o   Online

o   Offline

o   Line Interactive

  • Saudi Arabia UPS Market, By Rating:

o   Less than 5kVA

o   5.1 kVA - 50 kVA

o   50.1 kVA - 200 kVA

o   Others

  • Saudi Arabia UPS Market, By Sector:

o    BFSI

o    OEM(Manufacturing)

o    Oil & Gas

o    Power

o    Healthcare

o    IT

o    Housing

o    Others

  • Saudi Arabia UPS Market, By Application:

o   Commercial

o   Residential

o   Government

o   Industrial

            ·         Saudi Arabia UPS Market, By Region:

o   Western Region

o   Northern & Central Region

o   Eastern Region

o   Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia UPS Market.

Available Customizations:

Saudi Arabia UPS with the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Saudi Arabia UPS Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Impact of COVID-19 on Saudi Arabia UPS Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Key Factors Considered while Purchasing UPS

5.3.  Brand Satisfaction Level

5.4.  Major Challenges Faced

6.    Saudi Arabia UPS Market Outlook

6.1.  Market Sector & Forecast

6.1.1.   By Value

6.2.  Market Share & Forecast

6.2.1.   By Type (Online, Offline, Line Interactive)

6.2.2.   By Rating (Less than 5kVA, 5.1 kVA - 50 kVA, 50.1 kVA - 200 kVA, Others)

6.2.3.   By Sector (BFSI, OEM(Manufacturing), Oil & Gas, Power, Healthcare, IT, Housing, Others)

6.2.4.   By Application (Commercial, Residential, Government, and Industrial)

6.2.5.   By Region

6.3.  Market Map

7.    Western Region UPS Market Outlook

7.1.  Market Size & Forecast

7.1.1.   By Value

7.2.  Market Share & Forecast

7.2.1.   By Type

7.2.2.   By Rating

7.2.3.   By Sector

7.2.4.   By Application

8.    Northern & Central Region UPS Market Outlook

8.1.  Market Size & Forecast

8.1.1.   By Value

8.2.  Market Share & Forecast

8.2.1.   By Type

8.2.2.   By Rating

8.2.3.   By Sector

8.2.4.   By Application

9.    Eastern Region UPS Market Outlook

9.1.  Market Size & Forecast

9.1.1.   By Value

9.2.  Market Share & Forecast

9.2.1.   By Type

9.2.2.   By Rating

9.2.3.   By Sector

9.2.4.   By Application

10. Southern Region UPS Market Outlook

10.1.               Market Size & Forecast

10.1.1. By Value

10.2.               Market Share & Forecast

10.2.1.By Type

10.2.2.By Rating

10.2.3.By Sector

10.2.4. By Application

11. Market Dynamics

11.1.  Drivers

11.1.1. Demand for zero power downtime from all sectors.

11.1.2.Power outage in some regions of the kingdom.

11.1.3.The increase usage of digitalization and 5g network.

11.2.  Challenges

11.2.1.Over expense in maintenance of operating cost

11.2.2. Failure risks from UPS might limit market growth.

12. Market Trends & Developments

12.1.  Expansion of data centers throughout the region

12.2.  low-cost UPS systems

12.3.  Need for green power supply.

13. Industry Attractiveness - Porter's Five Force Analysis

13.1.  Bargaining Power of Suppliers

13.2.  Bargaining Power of Buyers/Consumers

13.3.  Threat of New Entrants

13.4.  Threat of Substitute Products

13.5.  Intensity of Competitive Rivalry

14. Policy & Regulatory Landscape

15. Saudi Arabia Economic Profile

16. Company Profiles

16.1.  ABB Ltd

16.1.1. Business Overview

16.1.2. Key Revenue and Financials (If available)

16.1.3. Recent Developments

16.1.4. Key Personnel

16.1.5. Key Product/Services

16.2.   General Electric Company

16.2.1. Business Overview

16.2.2. Key Revenue and Financials (If available)

16.2.3. Recent Developments

16.2.4. Key Personnel

16.2.5. Key Product/Services

16.3. Shenzhen Kstar Science & Technology Co. Ltd.

16.3.1. Business Overview

16.3.2. Key Revenue and Financials (If available)

16.3.3. Recent Developments

16.3.4. Key Personnel

16.3.5. Key Product/Services

16.4. Arabian Power Electronics Company 

16.4.1. Business Overview

16.4.2. Key Revenue and Financials (If available)

16.4.3. Recent Developments

16.4.4. Key Personnel

16.4.5. Key Product/Services

16.5. Eaton Corporation PLC

16.5.1. Business Overview

16.5.2. Key Revenue and Financials (If available)

16.5.3. Recent Developments

16.5.4. Key Personnel

16.5.5. Key Product/Services

16.6. Socomec Middle East

16.6.1. Business Overview

16.6.2. Key Revenue and Financials (If available)

16.6.3. Recent Developments

16.6.4. Key Personnel

16.6.5. Key Product/Services

16.7.  Riello UPS Middle East Fz-llc

16.7.1. Business Overview

16.7.2. Key Revenue and Financials (If available)

16.7.3. Recent Developments

16.7.4. Key Personnel

16.7.5. Key Product/Services

16.8.  Vertiv Co

16.8.1. Business Overview

16.8.2. Key Revenue and Financials (If available)

16.8.3. Recent Developments

16.8.4. Key Personnel

16.8.5. Key Product/Services

16.9.     Tripp Lite

16.9.1.    Business Overview

16.9.2.    Key Revenue and Financials (If available)

16.9.3.    Recent Developments

16.9.4.    Key Personnel

16.9.5.    Key Product/Services

17. Strategic Recommendations

17.1.     The key focus should be on top cities of all regions.

17.2.     The key focus should be power consumption.

18. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Main market players in Saudi Arabia UPS Market are ABB Ltd, General Electric Company, Shenzhen Kstar Science And Technology Co. Ltd., Wataniya Fiber Glass Reinforced Plastic Factory Co. W.L.L, Eaton Corporation PLC, Legrand SNC FZE, Socomec Middle East, Tripp Lite, Vertiv Co and Riello UPS Middle East FZ-LLC.

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Equipment for UPS (Uninterrupted Power Supply) systems provide both backup and main power. It acts as the architecture's core component for power protection. A UPS is often used to protect desktop computers, telecommunications equipment, data centers, and electrical equipment, etc. against equipment damage, potential data loss, or significant business interruption.

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The Western Region is the fastest growing region in the Saudi Arabia UPS Market as the region has the highest consumption of electric supply.

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The increasing demand for power backup solutions, rising use of data centers and IT infrastructure, and the increased usage of digitalization and 5G network are the crucial factors driving the growth of Saudi Arabia's UPS Market.

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Parvati Sharma

Account Manager BD
Press Release

Saudi Arabia UPS Market is Expected to Register a Steady CAGR During the Forecast Period 2024-2028

Apr, 2023

The Saudi Arabia UPS Market is estimated to develop during the forecast period due to the increasing demand for reliable power supply and the growth of the IT sector.