Modular Uninterrupted Power Supply Market Overview
Modular Uninterrupted Power
Supply (UPS) Market Size is forecast to reach $10.5 billion by 2026,
growing at a CAGR of 6.9% in the forecast period 2021-2026. The rise in
demand for reliable power solutions that can support large-scale
manufacturing facilitates is expected to drive the uninterrupted power supply
system market growth. An increase in data-related services, and the growing trend of
cloud computing and virtualization has also escalated the demand for data
centers globally. Adding to this, a growing number of data centers
creates demand for UPS in the forecast period. Moreover, several data centers
have been planning to expand their presence in this region. In 2021, Google has
committed to invest plan over $7 billion in offices and data centers across the world for various activities including investing in communities that are new to
Google and expanding in others across 19 states. Similarly, Microsoft has
committed to invest more than $200 million to build 2 data centers in U.S by
2022. Hence these expansions are analyzed to drive the market growth in the
forecast period 2021-2026.
Report Coverage
Key Takeaways
- The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the Modular Uninterrupted Power Supply Market in APAC.
- The
offline/standby solution is growing at a significant CAGR of 7.2% in the
forecast period, owing to growing application of such uninterrupted power
supply systems in small scale and medium scale applications for computers,
printers, or scanners
- BFSI sector is expected to witness a highest CAGR of 7.5% the forecast period, as this sector play pivotal role in the economic growth a
- stability, both at national and individual level, so it requires UPS for continuous and reliable services
- Growing demand for the systems from edge and micro data centers has encouraged manufacturers to develop advanced systems.
- Manufacturers
are continuously focusing on R&D to develop new and effective Uninterrupted
Power Supply to meet consumer demand. These advancements bringing greater
efficiency and modularity to UPSs, along with a reduced footprint,
improved connectivity and a lower total cost of ownership.
Modular Uninterrupted Power Supply Market, By End User, 2020
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Modular Uninterrupted Power Supply Market Segment Analysis - By deployment
The offline/standby
solution is growing at a significant CAGR of 7.2% in the forecast period, owing
to growing application of such uninterrupted power supply systems in small
scale and medium scale applications for computers, printers, or scanners. In
addition, these are cost effective compared to that of online UPS systems. For
instance, the price for luminous 1KVA offline UPS is $85, whereas the price for
1KVA online UPS is $180. Further significant surge in demand for reliable power
solutions that can support large-scale manufacturing facilitates is expected to
drive the uninterrupted power supply system (UPS) market growth. In addition,
the growing demand for offline UPS in residential and commercial sector will
further enhance the market growth in the forecast period 2021-2026.
Modular Uninterrupted Power Supply Market Segment Analysis - By End User
BFSI sector is expected to witness a highest CAGR of 7.5% the forecast period, as this sector play pivotal role in the economic growth and stability, both at national/regional and individual level, so it requires UPS for continuous and reliable services. In addition according to the report given by US Department of Energy in 2019, brokerage and credit card operations are victims with highest average costs led by power outages, so the finance industry requires enormous computing power to trade at high speed and frequency, to analyze and react these issues, and to provide customers with constant access to services and information. Similarly, UPS systems plays a prominent role in protecting a single computer or ATM to vast systems in banking sector. Hence these factors drive the demand for Modular Uninterrupted Power Supply’s in the forecast period 2021-2026.
Modular Uninterrupted Power Supply Market Segment Analysis - By Region
The global modular uninterruptible power supply market is consistently returning profits owing to the ceaseless applications of UPS in plentiful end-user industries including military, medical, telecom, commercial, datacenters, and Marine. UPSs are extremely versatile and can be used in various applications, thus their demand is expected to increase at a phenomenal level. The tremendous capability of power supply facilities along with feature like handling the load has induced a remarkable scope of industrial applications in this market. With such numerous applications, this industry is bolstering throughout the globe. The APAC region grabs the major market share for modular uninterruptible power supply market, with a global market share of around 35.2% in 2020. Suppliers in the market requires to introduce improved product to differentiate themselves and continue to grow their position for industrial end users and OEMs.
Modular Uninterrupted Power Supply Market Drivers
Surge in demand for UPS among SME’s
UPS systems provide continuous power supply as their inverters are always on, protecting the infrastructure from all power disturbances such as spikes, blackouts, and brownouts. Growing demand for these systems from edge and micro data centers has encouraged manufacturers to develop advanced systems. In April 2019, Legrand launched a new line of online UPS called the LU-Series for supporting network installations in network closets, data centers, retail applications, and commercial environments. The SMEs in the U.S market alone generated around $2 billion market revenue in 2019. Moreover, SMEs are the backbone of the global. economy and key contributors to economic growth. In addition, several manufacturers are developing cost-effective and high-quality power technologies to help these small facilities in managing their business operations. In addition, the demand for systems from SMEs is increasing in modular and micro data center facilities, encouraging manufacturers to develop compact size and lightweight systems. Hence rising demand for UPS among SMEs is analysed to drive the market growth in the forecast period 2021-2026.
Growing R&D activities
With the growing
utilization of cloud computing and cloud-based services, the number and size of
data centers worldwide is rapidly increasing. Leading cloud service providers,
such as Google, Amazon Web Service (AWS), and Microsoft Azure, have developed a
number of large-scale data center projects in recent years and will continue to
lead cloud computing innovations in the future. In addition, advances and
innovations in UPS technology are aimed to deliver cost-effective protection
for edge and micro data centers. Technological advancements in three-phase UPS
systems is bringing greater efficiency and modularity and lower the total cost
of ownership, offering improved connectivity and a reduced carbon footprint.
Further manufacturers are continuously focusing on R&D to develop new and
effective Uninterrupted Power Supply to meet consumer demand. These advancements
bringing greater efficiency and modularity to UPSs, along with a reduced
footprint, improved connectivity and a lower total cost of ownership are adding
value for anyone trying to save time, save money and lower management risk.
Moreover growing developments from various companies is also analysed to drive
the market growth. In February 2020, Huawei launched its UPS power module
across the world and this launch has enabled the power density of a single
module to reach up to 100 kW/3 U. Similarly, Schneider Electric has added more
options to its uninterruptible power supply (UPS) portfolio for small data
centers and edge deployments. Hence these factors are analysed to drive the
market growth in the forecast period 2021-2026.
Modular Uninterrupted Power Supply Market Challenges
High Cost of Installation and Maintenance
The market for modular Uninterrupted Power Supply is highly fragmented, with a significant number of
domestic and international manufacturers. High installation costs and expensive
maintenance associated with UPS is a challenge for the uninterruptible power
supply (UPS) market. Moreover, there is always a risk to service personnel
during maintenance if they come in contact with UPS batteries while systems are
online. Therefore, enterprises are sometimes hesitant to opt for UPS systems,
and this factor is expected to hinder the growth of the UPS market in the
forecast period 2021-2026.
Modular Uninterrupted Power Supply Market Landscape
Product launches,
acquisitions, Partnerships and R&D activities are key strategies adopted by
players in the Modular Uninterrupted Power Supply Market. modularUninterrupted
Power Supply top 10 companies include ABB Ltd. AMETEK, Inc., Delta Power
Solutions Ltd., Eaton Corporation, Emerson Electric Co., Huawei
Technologies Co., Ltd., Legrand, Mitsubishi Electric Corporation, Schneider
Electric SE, Siemens AG among others.
Acquisitions/Product Launches
- In 2020, ABB has launched Mega Flex, a compact UPS system which is up to 45 percent smaller than its rivals and aimed at markets which require UPS systems that comply with standards.
- In 2020 Schneider Electric has introduced Easy UPS 3L, the newest part of the Easy UPS 3-phase Uninterruptable Power Supply (UPS) range, extending the medium range to 500 and 600 kVA (400V) for external batteries.
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LIST OF TABLES
1.Global Modular UPS Market By Component Market 2023-2030 ($M)1.1 Solutions Market 2023-2030 ($M) - Global Industry Research
1.2 Services Market 2023-2030 ($M) - Global Industry Research
2.Global Market By Solution Market 2023-2030 ($M)
2.1 50 kVA & Below Market 2023-2030 ($M) - Global Industry Research
2.2 51100 kVA Market 2023-2030 ($M) - Global Industry Research
2.3 101250 kVA Market 2023-2030 ($M) - Global Industry Research
2.4 251500 kVA Market 2023-2030 ($M) - Global Industry Research
2.5 501 kVA & Above Market 2023-2030 ($M) - Global Industry Research
3.Global Market By Service Market 2023-2030 ($M)
3.1 System Integration Market 2023-2030 ($M) - Global Industry Research
4.Global Modular UPS Market By Organization Size Market 2023-2030 ($M)
4.1 Large Enterprises Market 2023-2030 ($M) - Global Industry Research
4.2 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Global Industry Research
5.Global Market By Vertical Market 2023-2030 ($M)
5.1 IT & Telecommunication Market 2023-2030 ($M) - Global Industry Research
5.2 Manufacturing Market 2023-2030 ($M) - Global Industry Research
5.3 Transportation & Logistics Market 2023-2030 ($M) - Global Industry Research
5.4 Healthcare & Life Sciences Market 2023-2030 ($M) - Global Industry Research
5.5 Energy & Utilities Market 2023-2030 ($M) - Global Industry Research
5.6 Government & Public Sector Market 2023-2030 ($M) - Global Industry Research
6.Global Modular UPS Market By Component Market 2023-2030 (Volume/Units)
6.1 Solutions Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Services Market 2023-2030 (Volume/Units) - Global Industry Research
7.Global Market By Solution Market 2023-2030 (Volume/Units)
7.1 50 kVA & Below Market 2023-2030 (Volume/Units) - Global Industry Research
7.2 51100 kVA Market 2023-2030 (Volume/Units) - Global Industry Research
7.3 101250 kVA Market 2023-2030 (Volume/Units) - Global Industry Research
7.4 251500 kVA Market 2023-2030 (Volume/Units) - Global Industry Research
7.5 501 kVA & Above Market 2023-2030 (Volume/Units) - Global Industry Research
8.Global Market By Service Market 2023-2030 (Volume/Units)
8.1 System Integration Market 2023-2030 (Volume/Units) - Global Industry Research
9.Global Modular UPS Market By Organization Size Market 2023-2030 (Volume/Units)
9.1 Large Enterprises Market 2023-2030 (Volume/Units) - Global Industry Research
9.2 Small & Medium-Sized Enterprises Market 2023-2030 (Volume/Units) - Global Industry Research
10.Global Market By Vertical Market 2023-2030 (Volume/Units)
10.1 IT & Telecommunication Market 2023-2030 (Volume/Units) - Global Industry Research
10.2 Manufacturing Market 2023-2030 (Volume/Units) - Global Industry Research
10.3 Transportation & Logistics Market 2023-2030 (Volume/Units) - Global Industry Research
10.4 Healthcare & Life Sciences Market 2023-2030 (Volume/Units) - Global Industry Research
10.5 Energy & Utilities Market 2023-2030 (Volume/Units) - Global Industry Research
10.6 Government & Public Sector Market 2023-2030 (Volume/Units) - Global Industry Research
11.North America Modular UPS Market By Component Market 2023-2030 ($M)
11.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
11.2 Services Market 2023-2030 ($M) - Regional Industry Research
12.North America Market By Solution Market 2023-2030 ($M)
12.1 50 kVA & Below Market 2023-2030 ($M) - Regional Industry Research
12.2 51100 kVA Market 2023-2030 ($M) - Regional Industry Research
12.3 101250 kVA Market 2023-2030 ($M) - Regional Industry Research
12.4 251500 kVA Market 2023-2030 ($M) - Regional Industry Research
12.5 501 kVA & Above Market 2023-2030 ($M) - Regional Industry Research
13.North America Market By Service Market 2023-2030 ($M)
13.1 System Integration Market 2023-2030 ($M) - Regional Industry Research
14.North America Modular UPS Market By Organization Size Market 2023-2030 ($M)
14.1 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
14.2 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
15.North America Market By Vertical Market 2023-2030 ($M)
15.1 IT & Telecommunication Market 2023-2030 ($M) - Regional Industry Research
15.2 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
15.3 Transportation & Logistics Market 2023-2030 ($M) - Regional Industry Research
15.4 Healthcare & Life Sciences Market 2023-2030 ($M) - Regional Industry Research
15.5 Energy & Utilities Market 2023-2030 ($M) - Regional Industry Research
15.6 Government & Public Sector Market 2023-2030 ($M) - Regional Industry Research
16.South America Modular UPS Market By Component Market 2023-2030 ($M)
16.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
16.2 Services Market 2023-2030 ($M) - Regional Industry Research
17.South America Market By Solution Market 2023-2030 ($M)
17.1 50 kVA & Below Market 2023-2030 ($M) - Regional Industry Research
17.2 51100 kVA Market 2023-2030 ($M) - Regional Industry Research
17.3 101250 kVA Market 2023-2030 ($M) - Regional Industry Research
17.4 251500 kVA Market 2023-2030 ($M) - Regional Industry Research
17.5 501 kVA & Above Market 2023-2030 ($M) - Regional Industry Research
18.South America Market By Service Market 2023-2030 ($M)
18.1 System Integration Market 2023-2030 ($M) - Regional Industry Research
19.South America Modular UPS Market By Organization Size Market 2023-2030 ($M)
19.1 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
19.2 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
20.South America Market By Vertical Market 2023-2030 ($M)
20.1 IT & Telecommunication Market 2023-2030 ($M) - Regional Industry Research
20.2 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
20.3 Transportation & Logistics Market 2023-2030 ($M) - Regional Industry Research
20.4 Healthcare & Life Sciences Market 2023-2030 ($M) - Regional Industry Research
20.5 Energy & Utilities Market 2023-2030 ($M) - Regional Industry Research
20.6 Government & Public Sector Market 2023-2030 ($M) - Regional Industry Research
21.Europe Modular UPS Market By Component Market 2023-2030 ($M)
21.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
21.2 Services Market 2023-2030 ($M) - Regional Industry Research
22.Europe Market By Solution Market 2023-2030 ($M)
22.1 50 kVA & Below Market 2023-2030 ($M) - Regional Industry Research
22.2 51100 kVA Market 2023-2030 ($M) - Regional Industry Research
22.3 101250 kVA Market 2023-2030 ($M) - Regional Industry Research
22.4 251500 kVA Market 2023-2030 ($M) - Regional Industry Research
22.5 501 kVA & Above Market 2023-2030 ($M) - Regional Industry Research
23.Europe Market By Service Market 2023-2030 ($M)
23.1 System Integration Market 2023-2030 ($M) - Regional Industry Research
24.Europe Modular UPS Market By Organization Size Market 2023-2030 ($M)
24.1 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
24.2 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
25.Europe Market By Vertical Market 2023-2030 ($M)
25.1 IT & Telecommunication Market 2023-2030 ($M) - Regional Industry Research
25.2 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
25.3 Transportation & Logistics Market 2023-2030 ($M) - Regional Industry Research
25.4 Healthcare & Life Sciences Market 2023-2030 ($M) - Regional Industry Research
25.5 Energy & Utilities Market 2023-2030 ($M) - Regional Industry Research
25.6 Government & Public Sector Market 2023-2030 ($M) - Regional Industry Research
26.APAC Modular UPS Market By Component Market 2023-2030 ($M)
26.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
26.2 Services Market 2023-2030 ($M) - Regional Industry Research
27.APAC Market By Solution Market 2023-2030 ($M)
27.1 50 kVA & Below Market 2023-2030 ($M) - Regional Industry Research
27.2 51100 kVA Market 2023-2030 ($M) - Regional Industry Research
27.3 101250 kVA Market 2023-2030 ($M) - Regional Industry Research
27.4 251500 kVA Market 2023-2030 ($M) - Regional Industry Research
27.5 501 kVA & Above Market 2023-2030 ($M) - Regional Industry Research
28.APAC Market By Service Market 2023-2030 ($M)
28.1 System Integration Market 2023-2030 ($M) - Regional Industry Research
29.APAC Modular UPS Market By Organization Size Market 2023-2030 ($M)
29.1 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
29.2 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
30.APAC Market By Vertical Market 2023-2030 ($M)
30.1 IT & Telecommunication Market 2023-2030 ($M) - Regional Industry Research
30.2 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
30.3 Transportation & Logistics Market 2023-2030 ($M) - Regional Industry Research
30.4 Healthcare & Life Sciences Market 2023-2030 ($M) - Regional Industry Research
30.5 Energy & Utilities Market 2023-2030 ($M) - Regional Industry Research
30.6 Government & Public Sector Market 2023-2030 ($M) - Regional Industry Research
31.MENA Modular UPS Market By Component Market 2023-2030 ($M)
31.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
31.2 Services Market 2023-2030 ($M) - Regional Industry Research
32.MENA Market By Solution Market 2023-2030 ($M)
32.1 50 kVA & Below Market 2023-2030 ($M) - Regional Industry Research
32.2 51100 kVA Market 2023-2030 ($M) - Regional Industry Research
32.3 101250 kVA Market 2023-2030 ($M) - Regional Industry Research
32.4 251500 kVA Market 2023-2030 ($M) - Regional Industry Research
32.5 501 kVA & Above Market 2023-2030 ($M) - Regional Industry Research
33.MENA Market By Service Market 2023-2030 ($M)
33.1 System Integration Market 2023-2030 ($M) - Regional Industry Research
34.MENA Modular UPS Market By Organization Size Market 2023-2030 ($M)
34.1 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
34.2 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
35.MENA Market By Vertical Market 2023-2030 ($M)
35.1 IT & Telecommunication Market 2023-2030 ($M) - Regional Industry Research
35.2 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
35.3 Transportation & Logistics Market 2023-2030 ($M) - Regional Industry Research
35.4 Healthcare & Life Sciences Market 2023-2030 ($M) - Regional Industry Research
35.5 Energy & Utilities Market 2023-2030 ($M) - Regional Industry Research
35.6 Government & Public Sector Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Modular Ups Market Revenue, 2023-2030 ($M)2.Canada Modular Ups Market Revenue, 2023-2030 ($M)
3.Mexico Modular Ups Market Revenue, 2023-2030 ($M)
4.Brazil Modular Ups Market Revenue, 2023-2030 ($M)
5.Argentina Modular Ups Market Revenue, 2023-2030 ($M)
6.Peru Modular Ups Market Revenue, 2023-2030 ($M)
7.Colombia Modular Ups Market Revenue, 2023-2030 ($M)
8.Chile Modular Ups Market Revenue, 2023-2030 ($M)
9.Rest of South America Modular Ups Market Revenue, 2023-2030 ($M)
10.UK Modular Ups Market Revenue, 2023-2030 ($M)
11.Germany Modular Ups Market Revenue, 2023-2030 ($M)
12.France Modular Ups Market Revenue, 2023-2030 ($M)
13.Italy Modular Ups Market Revenue, 2023-2030 ($M)
14.Spain Modular Ups Market Revenue, 2023-2030 ($M)
15.Rest of Europe Modular Ups Market Revenue, 2023-2030 ($M)
16.China Modular Ups Market Revenue, 2023-2030 ($M)
17.India Modular Ups Market Revenue, 2023-2030 ($M)
18.Japan Modular Ups Market Revenue, 2023-2030 ($M)
19.South Korea Modular Ups Market Revenue, 2023-2030 ($M)
20.South Africa Modular Ups Market Revenue, 2023-2030 ($M)
21.North America Modular Ups By Application
22.South America Modular Ups By Application
23.Europe Modular Ups By Application
24.APAC Modular Ups By Application
25.MENA Modular Ups By Application
26.ABB, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Emerson Electric, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Huawei, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Schneider Electric, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Eaton, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Legrand, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Rittal, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.AEG Power Solutions, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Delta Electronics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Gamatronic, Sales /Revenue, 2015-2018 ($Mn/$Bn)