April 18, 2024

The rise of cloud computing ignites demand for UPS systems; A key player in 24/7 data center operations

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Global Data Center UPS Market

Global Data Center UPS MarketGlobal Data Center UPS Market

Global Data Center UPS Market

Dublin, Jan. 09, 2024 (GLOBE NEWSWIRE) — The “Data Center UPS Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.

The global data center UPS market reached $6.1 billion in 2022. Looking ahead, the analyst expects the market to reach $9.1 billion in 2028, showing a growth rate (CAGR) of 6.7 % during 2023-2028. Rising demand for continuous power supply globally, rapid digitalization and increasing dependence on technology to conduct business operations, and considerable rise in cloud computing represent some of the key factors driving the market.

Data Center UPS Market Trends

The market is mainly driven by the growing demand for continuous power supply globally. This can be attributed to rapid digitalization and increasing dependence on technology to conduct business operations, resulting in increased demand for 24/7 data center availability. Consequently, the considerable rise in cloud computing is giving rise to an increasing number of data centers, which, in turn, has increased the demand for UPS systems. Additionally, the growing need for green solutions to reduce energy consumption and achieve energy efficiency is driving the demand for UPS systems that use renewable energy sources, such as solar and wind energy.

The market is further driven by growing awareness of the costs of downtime and protection against power outages. Apart from this, the increasing adoption of modular UPS systems that are easily expandable is also creating lucrative growth opportunities in the market. Furthermore, the emerging trend of edge computing is driving the demand for more compact UPS systems that can be deployed in remote locations, which in turn is giving momentum to the market. Some of the other factors contributing to the market include rapid urbanization, inflation of disposable income levels, growing internet penetration, emergence of 5G, and extensive research and development (R&D) activities carried out by key players.

Key market segmentation

The report provides an analysis of key trends in each sub-segment of the global Data Center UPS market report, along with forecasts at the global, regional and country levels for the period 2023-2028. The report has categorized the market based on component type, battery technology, capacity, tier type, data center size, and end-use vertical.

Information about component type:

  • Solution

  • Others

    • Services

    • Administered

    • Professional

The report provides a detailed breakdown and analysis of the market based on component type. This includes solutions (standby UPS, online interactive UPS, double conversion online UPS and others) and services (managed and professional).

Information about battery technology:

The report provides a detailed breakdown and analysis of the market based on battery technology. This includes lithium-ion, flywheel and VRLA.

Breakdown by capacity:

The report has provided a detailed breakdown and analysis of the market based on capacity. This includes less than or equal to 500 kVA, 500 kVA-1000 kVA and more than 1000 kVA.

Information about types of levels:

  • LEVEL I and II

  • LEVEL III

  • LEVEL IV

The report provides a detailed breakdown and analysis of the market based on level type. This includes TIER I and II, TIER III and TIER IV.

Data center size information:

  • Small data centers

  • Medium data centers

  • Large data centers

The report provides a detailed breakdown and analysis of the market based on data center dimensioner. This includes small data centers, medium data centers, and large data centers. According to the report, small data centers represented the largest segment.

Vertical information on end use:

A detailed breakdown and analysis of the market based on vertical end-use is also provided in the report. This includes banking and financial services, manufacturing, information technology, energy, healthcare, government, entertainment and media, and others. According to the report, information technology accounted for the largest market share.

Regional Perspectives:

The report has also provided a comprehensive analysis of major regional markets, including North America (United States and Canada); Europe (Germany, France, United Kingdom, Italy, Spain, Russia and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Latin America (Brazil, Mexico and others); and the Middle East and Africa. According to the report, North America was the largest market for data center UPS. Some of the factors driving the market in North America included continuous technological advancements, considerable rise in cloud computing, rapid digitalization, etc.

Competitive landscape

The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analyzes such as market structure, market share of key players, positioning of players, top winning strategies, competitive dashboard, and company evaluation quadrant are covered in the report. Additionally, detailed profiles of all major companies have been provided. Some of the companies covered include:

  • ABB Ltd.

  • Cyber ​​Power Systems Inc.

  • Delta Electronics Inc.

  • Eaton Corporation plc

  • General Electric Company

  • Kohler Uninterruptible Power (Ireland) Limited

  • Legrand

  • Mitsubishi Electric Corporation

  • RPS Spa (Riello Elettronica SpA)

  • Schneider Electric SE

  • Solaredge Technologies Inc.

  • Toshiba Corporation

  • Vertiv Group Corporation

Please note that this only represents a partial list of companies and the full list is provided in the report.

Key attributes

Report attribute

Details

No. of pages

142

Forecast period

2022-2028

Estimated market value (USD) in 2022

$6.1 billion

Forecast market value (USD) for 2028

$9.1 billion

Compound annual growth rate

6.9%

Regions covered

Global

For more information about this report, please visit https://www.researchandmarkets.com/r/2025ei

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