North America UPS Market is To Be Dominated By 5.1 kVA - 50 kVA Rating Segment
Growing demand for power backup solutions is propelling
the growth of North America UPS Market in the forecast period.
According to
TechSci Research report, “North America UPS Market - By Country, Competition, Forecast & Opportunities, 2028” is expected to grow with a high CAGR owing to the demand for UPS, which
reduce downtime due to equipment failure from power surges, is rising as more
hyperscale data centres are being built. High-quality energy management systems
are necessary in a hyperscale data centre to lower the Power Usage Efficiency
(PUE) ratio. For intsnce, On March 11, 2021, Total and Microsoft announced an
agreement on a strategic relationship to advance technology and cut greenhouse
gas emissions. As part of this partnership, Total will assist in the
development of batteries for Microsoft's UPS system. Due to this announcement
the market is expected to grow in the coming time period.
For use with
backup generator systems, it is crucial to employ them to safeguard against
power fluctuations. For instance, Huawei Technologies Co.,
Ltd., In the range of 1 kVA to 20 kVA capacity, provides the
UPS2000-G UPS that safely supplies AC power. Additionally, The UPS power
module from Huawei, which has a power density of 100kW/3U and enhances data
center operations, was introduced in February 2020. Uninterruptible power
supply modules lower the operating expenses for data centers
worldwide. Large branch offices, sales networks, and data centres use online,
double conversion power system with rack & tower installation capabilities.
In North
America, the demand for dependable power solutions that can serve massive
organisations with various power range modules that has significantly
increased. To increase transmission efficiency, UPSs use an integrated
arrangement of Insulated Gate Bipolar Transistors (IGBTs), fuses, and drive
circuits to serve high-scale power requirements. This helps to support critical
high-density computing environments of large enterprises that use cloud
services.
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The North America UPS Market is segmented based
on type, rating, application, sector, and country. Based on type, the market is
segmented into online, offline, and line interactive. Based on the kVA rating,
the 5.1 kVA - 50 kVA rating devices segment is expected to dominate the North
America UPS System Market in the upcoming years, due to the high deployment of personal
computers in the corporate, residential, E-commerce, healthcare and government
sector. Additionally, with government initiatives to assist the ongoing
development of numerous industries, the region is expected to become a
manufacturing centre during the ensuing years..
Based on application, the
market is divided into residential, commercial, industrial and government.
Based on sector, the market is segmented into BFSI, OEM, solar, railways, oil
& gas, power, healthcare, IT, housing, and others. The dependency of people on medical services
has been on an upward trend due to an increasing number of people and growing
public understanding of medicine. Therefore, it is essential that the
healthcare infrastructure in North America continue to offer services without
interruption. Without energy-intensive devices and equipment, such as magnetic
resonance imaging (MRI), computerised tomography (CT), life support systems,
etc., many diagnostic and medical procedures are not possible. Owing to this
growing demand of healthcare sector, the
North America UPS
Market is expected toregister a high CAGR in the forecast period. Based on country, market is divided into
United States, Canada, and Mexico.
Key market players in the North America UPS Market include:
- General Electric
- Always On UPS
Systems Canada Inc.
- Toshiba
International Corporation
- Quality Power
Solutions
- Langley
Holdings plc
- Delta
Electronics, Inc.
- S&C
Electric Company
- Siemens USA
- Eaton
Corporation plc
- AEG Power
Solutions
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“One of the main factors driving the demand for standby UPS systems is the
increasing popularity of consumer electronics in the region. This is because
standby UPS systems are the most cost-effective solution for low-power
consumption gadgets. Traditional data centres are predicted to benefit greatly
from technological developments in UPS battery systems, such as new lithium-ion
(Li-ion) batteries with high working temperature. Over the forecast period, UPS
systems, which may be placed as a backup system if the electricity grid goes
down, are anticipated to offer growth opportunities.,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management consulting firm.
North America UPS Market – by Type
(Online, Offline and Line Interactive), By Rating (5.1kVA-50kVA, less than
5KVA, 50.1kVA-200kVA and Others), By Application (Residential, Commercial,
Industrial and Government), By Sector (BFSI, OEM, Solar, Railways, Oil &
Gas, Power, Healthcare, IT, Housing, Others), By Country, Competition Forecast and
Opportunities, 2018-2028.has evaluated the future
growth potential of North America UPS 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 North America UPS Market.
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