Press Release

Onshore Segment is Expected to Dominate the Europe UPS Market in The Forecast Period

Growing increasing power demand will boost the European market for UPS in the forecast period.

 

According to TechSci Research report “Europe UPS Market - By Country, Competition Forecast & Opportunities, 2018-2028F”, The Europe Uninterruptible Power Supply (UPS) market is rising through the forecast period, owing to the growing IT and telecom sector. Further, the surge in cloud technologies is expected to significantly increase the requirement for technologically advanced and innovative uninterruptible power supply systems. The increasing adoption of data center is set to grow greatly because of this trend, which is predicted to last for the foreseeable future. The increasing demand of power and renewable energy and the growing awareness of power quality has surged in the Europe as people become increasingly aware of the risks associated with imbalances in electric supply capacity. These include voltage fluctuations, harmonics, and distortions in their waveforms, all of which can have a detrimental effect to the operations of electronic devices. To mitigate the effects of such disturbances, UPS systems have become a popular choice for business and individuals alike by providing voltage regulation, surge protection, and insulation against power anomalies. Users get a higher quality of power and better shielding from electrical disturbances.

The Europe Uninterruptible Power Supply (UPS) market has experienced significant growth with the recognition of the necessity of reliable backup solutions for uninterrupted operations and protection of vital equipment. This growth has been driven by industrialization, urbanization, and digitalization in the region, along with the increasing awareness of the importance of UPS systems in providing a secure power source. UPS systems have developed to achieve high efficiency with more compact designs, better battery energy storage, and enhanced monitoring methods. The use of technology to communicate with the electric grid enables data centres to make more informed decisions regarding the quantity and timing of energy use. Moreover, with the growing recognition of the vital role of UPS systems in providing a stable power source, the UPS market has seen considerable expansion. UPS systems are integral in shielding vital infrastructure and equipment from power outages, voltage irregularities, and power supply quality issues.

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Europe UPS Market.”

 

The Europe UPS Market is divided into type, rating, organization size, industry vertical, and region. Based on type, the market is divided into online, offline, and line interactive. Based on rating, the market is divided into less than 5 kVA, 5.1 kVA - 50 kVA, 50.1 kVA - 200 kVA and others. Based on organization size, the market is divided into large enterprises, small & medium enterprise. Based on industry vertical, the market is divided into BFSI, consumer goods, IT & Telecom, manufacturing, healthcare, energy & utilities, and others. Based on country, the market is divided into Germany, United Kingdom, France, Italy, Spain, and Rest of Europe.

Based on the Type segment, the Online segment dominates. The industrial and commercial sectors' rising need for dependable power solutions is anticipated to fuel market expansion. Regardless of the degree of distortion in the incoming power source, online UPS systems can deliver a steady and clean power supply. Additionally, an increasing number of blackouts have the potential to seriously harm the electrical equipment used in data centers and the telecom sector, which is further fueling the demand for online uninterrupted power supply systems. Such an uninterrupted power supply system helps to smooth out raw power fluctuations from unexpected power cuts, thanks to the two-fold conversion.

Based on the rating, less than 5KVA segment will dominate the market, and these are used in homes or other small-scale settings for things like personal computers, tube lights, fans, and other electrical appliances. The power factor and quantity of loads connected to the system are used to determine the rating of such UPS systems. For instance, a typical family uses 2-3 kW of electricity at any one time. The typical UPS system rating for residential end users is between 3 and 4 kVA. This can support additional electric loads like lights, refrigerators, and washing machines.

 

Major market players in the Europe UPS Market are: -

  • Eaton Corporation
  • General Electric Company
  • Schneider Electric SE
  • Luminous Power Technologies
  • Delta Electronics Inc.
  • ABB Ltd
  • Fuji Electric Co Ltd
  • Toshiba International Corporation

 

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“The market share will be fueled by elements including growing government measures to promote the use of power backup systems, expanding consumer awareness of UPS solutions, and rising spending in the IT & telecom sectors. The Europe UPS Market is seeing steady rise in demand due to the rising digitalization of processes and infrastructure across industries, in addition to government measures to raise awareness of UPS solutions. As businesses increasingly rely on digital technology, they are more vulnerable to power outages. Additionally, it is projected that the rise of cloud computing services along with the rising prevalence of server virtualization would greatly increase demand for UPS in Europe. Due to the rising need for digital infrastructure across several industries, including IT, telecom, energy, government, healthcare, automotive, and other vital industries, the Europe UPS market is anticipated to gain momentum and will propel market expansion." said Mr. Karan Chechi, Research Director with TechSci Research, a research-based India management consulting firm.

Europe UPS Market By Type (Online, Offline, Line Interactive), By Rating (Less than 5kVA, 5.1 kVA - 50 kVA, 50.1 kVA - 200 kVA, Others), By Organization Size (Large Enterprise, Small & Medium Enterprise), By Industry Vertical (BFSI, Consumer Goods, IT & Telecom, Manufacturing, Healthcare, Energy & Utilities, Others), Country, Competition, Forecast and Opportunities, 2028F has evaluated the future growth potential of Europe UPS Market and provides statistics & information on market size, structure, and future market growth. The report intends 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 in Europe UPS market.

 

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