Development of technology pertaining to UPS will promulgate its business in MEA region
Dubai: Schneider electric has launched a new uninterruptible
power supply (UPS) known as Gutor PXC which is considered to be most suitable
for harsh environment in the gulf region. The improved technology of UPS is
ideal for use at oil & gas exploration sites, marine and offshore
environments and climates with extreme temperatures. The UPS is used as a
source of power in industries to ensure that production does not get hampered
due to power shortage or lack of proper electricity supply.
TechSci Research finds out that due to
increasing penetration of new technology & systems, rising internet
penetration and expanding trade & tourism sector, the market for UPS will
increase between 2016 and 2021. The economy in Middle East and Africa region are
highly dependent on oil and gas exploration and production. The requirement of
regular supply of power on oil & gas exploration & production sites can
be met by UPS.
According to the recent released report by TechSci
Research “Middle
East & Africa UPS Market Forecast
& Opportunities, 2021”, the market for UPS in Middle East and Africa region is
projected to register sales of 4.2 million units by the end of 2021. Emerson
Network Power is expected to continue its leadership position in Middle East
& Africa UPS market, followed by APC by Schneider Electric and Eaton
Corporation Plc. The enhancement in UPS technology is a big boost for its
business which will result in increasing adoption of the same in near future.