Vietnam UPS Market Industry Share, Trends & Size Analysis 2028F

Report Description

Vietnam UPS (Uninterruptible Power Supply) Market is anticipated to register a steady CAGR during the forecast period of 2024-2028. An uninterruptible power supply (UPS) is a component that enables a computer to continue operating for at least a brief period when the power supply is interrupted. Utility electricity maintains and replenishes the energy storage if it is in use. The longer electricity can be sustained, the more energy can be stored.

A UPS is intended to safeguard electrical equipment such as computers, data centers, telecommunications systems, and other devices where an unanticipated power outage might result in harm, death, or data loss. A typical UPS may supply a 15–20-minute power backup once charged and connected to the device until it runs out entirely. Moreover, it aids in preventing internal hardware damage in the event of unequal power current changes.

The number of data centres in Vietnam is growing, remote work or work from home (WFH) is getting more popular, the manufacturing industry is developing, and there is a growing need for Uninterruptible Power Supply (UPS) systems in the residential and commercial sectors. Data centers are becoming increasingly common, which is driving market growth due to increased urbanization and infrastructure development. Furthermore, the growing healthcare and tourism industries are increasing Vietnam UPS Market Revenue.

Power Outage in the Country

Due to the frequent power outages in the area, the UPS market is booming. Despite several government endeavours, developing countries have not yet achieved their goal of becoming nations with an abundance of energy. As a result, UPS systems continue to be essential in the region. Sales of electrical appliances such as refrigerators, air conditioners, televisions, and microwaves are also increasing in Vietnam due to increased disposable family incomes, and customers are likely to purchase UPS batteries as a result of a shortage of electricity. As a result, the Vietnam UPS market is anticipated to grow quickly throughout the course of the projected period.

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Increasing Usage of Green UPS Systems

The cost of energy has increased significantly recently, and consumers have also become more environment friendly. Owing to these problems, several businesses have created energy-efficient green UPS technology. The power consumption of UPS systems may be reduced by up to 75% when green UPS solutions are compared to conventional UPS designs. As a result, when buyers evaluate UPS devices, one of the key factors they consider is energy efficiency. In addition, green UPS systems' better monitoring and thermal design technologies cut down on heat production. Owing to a growth in the use of green UPS devices in several applications, such as IT networks and telecommunications, the demand for green UPS is anticipated to rise significantly over the course of the projected period.

Market Segments

Vietnam UPS Market is divided on the basis of product, rating, sector and application. Based on product, the market is further split into online, offline, and line interactive. Based on rating, the market is further divided into less than 5kVA, 50.1 kVA - 200 kVA, and others, Based on sector, the market is further segmented into BFSI, OEM (manufacturing), oil & gas, power, healthcare, IT, housing, and others. Based on application, the market is further segmented into commercial, residential, government, and industrial.

The Vietnam UPS Market stood at USD XX Million in 2022 and is expected to register a steady CAGR during the forecast period.

Market Players

Major market players in Vietnam UPS Market are ABB Limited (Vietnam), General Electric Company, Schneider Electric Vietnam, Toshiba International Corporation, Eaton Corporation PLC, Legrand SNC FZE, Socomec Asia Pacific Pte. Ltd, Tripp Lite, Vertiv Group Corp, and Riello UPS Singapore Pte. Ltd.

Recent Developments

In March 2022, according to UL/CSA standards, Riello UPS enhances the Sentryum S3U series with increased power ratings of 40.50 and 60 kVA @ 208 V, 60 Hz.

In Sept 2020, ABB assists a partner in Vietnam in obtaining KEMA certification and improving competitiveness. A Chau Industrial Technology Joint Stock Company (ACIT) has been the sole supplier in Vietnam to receive KEMA certification for type test switchgear of 24kV and 40.5kV thanks to ABB's assistance in technology and knowledge.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024F – 2028F
Quantitative Units	Revenue in USD Million, and CAGR for 2018-2022 and 2023E-2028F
Report coverage	Revenue forecast, company share, growth factors, and trends
Segments covered	Type Rating Sector Application Region
Regional scope	North Vietnam, Central Vietnam, South Vietnam
Key companies profiled	ABB Limited (Vietnam), General Electric Company, Schneider Electric Vietnam, Delta Electronics Inc, Eaton Corporation PLC, Socomec Asia Pacific Pte. Ltd, Riello UPS Singapore Pte. Ltd, Vertiv Group Corp, Tripp Lite, Toshiba International Corporation
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Vietnam UPS Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

· Vietnam UPS Market, By Type:

o Online

o Offline

o Line Interactive

· Vietnam UPS Market, By Rating:

o Less than 5kVA

o 5.1 kVA - 50 kVA

o 50.1 kVA - 200 kVA

o Others

· Vietnam UPS Market, By Sector:

o BFSI

o OEM(Manufacturing)

o Oil & Gas

o Power

o Healthcare

o IT

o Housing

o Others

· Vietnam UPS Market, By Application:

o Commercial

o Residential

o Government

o Industrial

· Vietnam UPS Market, By Region:

o North Vietnam

o Central Vietnam

o South Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam UPS Market.

Available Customizations:

With the given market data, Tech Sci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

· Detailed analysis and profiling of additional market players (up to five).

Vietnam UPS Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Impact of COVID-19 on Vietnam UPS Market

4. Executive Summary

5. Voice of Customers

6. Vietnam UPS Market Outlook

6.1. Market Sector & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type (Online, Offline, Line Interactive)

6.2.2. By Rating (Less than 5kVA, 5.1 kVA - 50 kVA, 50.1 kVA - 200 kVA, Others)

6.2.3. By Sector (BFSI, OEM(Manufacturing), Oil & Gas, Power, Healthcare, IT, Housing, Others)

6.2.4. By Application (Commercial, Residential, Government, and Industrial)

6.3. By Region

6.4. Market Map

7. Northern Vietnam UPS Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Rating

7.2.3. By Sector

7.2.4. By Application

8. Central Vietnam UPS Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Rating

8.2.3. By Sector

8.2.4. By Application

9. Southern Vietnam UPS Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Rating

9.2.3. By Sector

9.2.4. By Application

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

12. Policy & Regulatory Landscape

13. Vietnam Economic Profile

14. Company Profiles

14.1. ABB Limited (Vietnam)

14.1.1. Business Overview

14.1.2. Key Revenue and Financials (If available)

14.1.3. Recent Developments

14.1.4. Key Personnel

14.1.5. Key Product/Services

14.2. General Electric Company

14.2.1. Business Overview

14.2.2. Key Revenue and Financials (If available)

14.2.3. Recent Developments

14.2.4. Key Personnel

14.2.5. Key Product/Services

14.3. Schneider Electric Vietnam

14.3.1. Business Overview

14.3.2. Key Revenue and Financials (If available)

14.3.3. Recent Developments

14.3.4. Key Personnel

14.3.5. Key Product/Services

14.4. Delta Electronics Inc

14.4.1. Business Overview

14.4.2. Key Revenue and Financials (If available)

14.4.3. Recent Developments

14.4.4. Key Personnel

14.4.5. Key Product/Services

14.5. Eaton Corporation PLC

14.5.1. Business Overview

14.5.2. Key Revenue and Financials (If available)

14.5.3. Recent Developments

14.5.4. Key Personnel

14.5.5. Key Product/Services

14.6. Socomec Asia Pacific Pte. Ltd

14.6.1. Business Overview

14.6.2. Key Revenue and Financials (If available)

14.6.3. Recent Developments

14.6.4. Key Personnel

14.6.5. Key Product/Services

14.7. Riello UPS Singapore Pte. Ltd

14.7.1. Business Overview

14.7.2. Key Revenue and Financials (If available)

14.7.3. Recent Developments

14.7.4. Key Personnel

14.7.5. Key Product/Services

14.8. Vertiv Group Corp

14.8.1. Business Overview

14.8.2. Key Revenue and Financials (If available)

14.8.3. Recent Developments

14.8.4. Key Personnel

14.8.5. Key Product/Services

14.9. Tripp Lite

14.9.1. Business Overview

14.9.2. Key Revenue and Financials (If available)

14.9.3. Recent Developments

14.9.4. Key Personnel

14.9.5. Key Product/Services

14.10. Toshiba International Corporation

14.10.1. Business Overview

14.10.2. Key Revenue and Financials (If available)

14.10.3. Recent Developments

14.10.4. Key Personnel

14.10.5. Key Product/Services

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Which are main market players in Vietnam UPS Market?

Main market players in Vietnam UPS Market are ABB Limited (Vietnam), General Electric Company, Schneider Electric Vietnam, Delta Electronics Inc, Eaton Corporation PLC, Socomec Asia Pacific Pte. Ltd, Riello UPS Singapore Pte. Ltd, Vertiv Group Corp, Tripp Lite, and Toshiba International Corporation.

What is UPS?

UPS (Uninterrupted Power Supply) system delivers both backup and primary power. It serves as the architecture's primary power protection component. A UPS is frequently used to safeguard desktop computers, telecommunications equipment, data centers, electrical equipment, and other electronic devices against equipment damage, potential data loss, or substantial business interruption.

Which is the fastest growing region in the Vietnam UPS Market?

The South Vietnam is the fastest growing region in the Vietnam UPS Market as the region has the highest consumption of electric supply.

What are the major drivers for the Vietnam UPS Market?

Demand for zero power downtime from all sectors, power outage in some regions of the country, and the increasing usage of digitalization and 5G network are the crucial factors driving the growth of Vietnam’s UPS Market.

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