Vietnam UPS (Uninterruptible Power Supply) Market is anticipated to register a steady
CAGR during the forecast period of 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 longer
electricity can be sustained, the more energy can be stored.
A UPS is intended to safeguard electrical equipment such as computers,
data centers, telecommunications systems, and other devices where an
unanticipated power outage might result in harm, death, or data loss. A typical
UPS may supply a 15–20-minute power backup once charged and connected to the
device until it runs out entirely. Moreover, it aids in preventing internal
hardware damage in the event of unequal power current changes.
The number of data centres in Vietnam is growing, remote work or work
from home (WFH) is getting more popular, the manufacturing industry is
developing, and there is a growing need for Uninterruptible Power Supply (UPS)
systems in the residential and commercial sectors. Data centers are becoming
increasingly common, which is driving market growth due to increased urbanization
and infrastructure development. Furthermore, the growing healthcare and tourism
industries are increasing Vietnam UPS Market Revenue.
Power Outage in the Country
Due to the frequent power outages in the area, the UPS market is
booming. Despite several government endeavours, developing countries have not
yet achieved their goal of becoming nations with an abundance of energy. As a
result, UPS systems continue to be essential in the region. Sales of electrical
appliances such as refrigerators, air conditioners, televisions, and microwaves
are also increasing in Vietnam due to increased disposable family incomes, and
customers are likely to purchase UPS batteries as a result of a shortage of
electricity. As a result, the Vietnam UPS market is anticipated to grow quickly
throughout the course of the projected period.