Data Centers is Expected to Dominate the Global Standby UPS System Market
Rising
Dependence on Digital Infrastructure and Increasing Frequency of Power Outages
are the main drivers of the market.
According to TechSci Research report, “Global
Standby UPS System Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”.
The Global Standby UPS System is
anticipated to project robust growth in the forecast period with a CAGR of 11.28% through 2028. an Global Standby UPS
System Market is an electrical device that provides backup power to connected
equipment in the event of a power outage or voltage fluctuations. It acts as an
intermediary between the main power source and the equipment, ensuring a
continuous and stable power supply. UPS systems typically incorporate a battery
that stores electrical energy and automatically switches to battery power when
it detects a loss or disturbance in the main power. UPS units are widely used
in various applications, such as data centers, hospitals, telecommunications,
and home electronics, to safeguard against power interruptions and protect
sensitive equipment from damage. The drivers of the Global Standby UPS System
Market include the increasing demand for reliable and Standby UPS System, the
rising adoption of cloud-based services, and the growing use of electronic
devices in various sectors. The need for protecting sensitive equipment and
preventing data loss due to power disruptions is also driving the demand for
UPS systems. Furthermore, the growth of e-commerce and the expanding data
center industry are fueling the demand for UPS units. Additionally, the
increasing use of renewable energy sources and the need for energy-efficient
solutions are creating opportunities for the development of advanced and
eco-friendly UPS systems. The restraints of the Global Standby UPS System
Market include the high initial cost of UPS systems, which can deter
price-sensitive customers. Additionally, the limited battery life and the need
for periodic battery replacements can add to the maintenance cost. UPS units
also have a limited power capacity, which may not be sufficient for high-power
demanding applications. Moreover, the increasing adoption of virtualization and
cloud computing technologies is reducing the physical infrastructure
requirements, thereby affecting the demand for UPS systems in certain
applications.
Browse over xx market data Figures
spread through 188 Pages and an in-depth TOC on "
Global Standby UPS System Market"
On the basis of product, the Global
Standby UPS System Market is segmented into online/ double conversion,
line-interactive, and offline/ standby. The online/double conversion segment is
dominating with the largest market share in 2022. This can be attributed to
several factors. Online/double conversion UPS systems provide the highest level
of power protection by continuously converting AC power to DC and then back to
AC, ensuring a consistent and clean power supply. These UPS systems offer
seamless protection against power outages, voltage fluctuations, and electrical
disturbances. They are extensively used in critical applications such as data
centers, healthcare, and industrial sectors that require reliable and
continuous power supply solutions. The increasing demand for power backup
solutions and the growing reliance on digital infrastructure has fostered the
dominance of the online/double conversion segment in the market.
Based on capacity, the Global Standby
UPS System Market is segmented into up to 50 kVA, 51-200 kVA, and above 200
kVA. Out of this, the 51-200 kVA is dominating the market with the largest
market share in 2022, due to the growing demand for UPS systems in medium to
large-scale applications that require higher power capacities. Industries such
as data centers, manufacturing, telecommunications, and healthcare often rely
on UPS systems within this power range to ensure Standby UPS System for their
critical operations. The 51-200 kVA segment offers a balance between power
capacity, efficiency, and cost-effectiveness, making it a popular choice among
customers and contributing to its dominant position in the market.
Key market players in the Global Standby UPS System Market are following:-
- Emerson
Electric Co.
- ABB
Ltd
- Schneider
Electric SE
- Riello
Elettronica SpA
- EATON
Corporation PLC
- Toshiba
Corporation
- Xiamen
Kehua Hengsheng Co. Ltd.
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“The growing demand for consumer
electronics across the globe is one of the major drivers for standby UPS
systems compared to other UPS systems, as the standby UPS system is the most
preferred option for consumer electronics as it is the most economical option
for devices with low power consumption. Due to the COVID-19 pandemic, the
demand for desktop computers increased as people were forced to work from home.
For instance, according to the
International Data Center (IDC), the global shipment of desktops totaled in the
fourth quarter of 2022 to about 17.98 million units compared to the fourth
quarter previous year, which was just about 23.37 million. Desktop personal
computers face challenges from mobile devices such as laptops and desktops,
which is led to an overall decline in sales; however, in the future, it is
expected to increase as more professionals work from home..” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
Standby UPS System Market – Global Industry Size, Share, Trends,
Opportunity, and Forecast Segmented, By Capacity (Less than 10 kVA, 10-100 kVA,
and Above 100 kVA), By Application (Data Centers, Telecommunications,
Healthcare (Hospitals, Clinics, etc.), Industrial, and Other Applications), By
Region, Competition 2018-2028. has evaluated the future growth
potential of Global Standby UPS System
Market and provides statistics and information on market structure, size,
share, and future growth. The report is intended 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 present in the Global Standby UPS System Market.
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