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Data Center UPS Market is ready to register CAGR of 5.56% by 2026

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Swati Singh
Data Center UPS Market is ready to register CAGR of 5.56% by 2026

Market Analysis: Global Data Center UPS Market

Data center UPS market is expected to register a substantial CAGR of 5.56% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the significant rise in the volume of data centers globally.

Global Data Center UPS Market By Type (Standby, Line Interactive, Double Conversion on Line, Others), Component (Solution, Service), System Type (VRLA UPS, Flywheel UPS, Lithium-Ion UPS), System Capacity (Less Than or Equal To 500kVA, 500kVA-1000kVA, More Than 1000kVA), Data Center Size (Small, Medium, Large), Tier Standard (Tier I & II, Tier III, Tier IV), Application (Cloud Storage, ERP System, Data Warehouse, File Servers, Application Servers, CRM Systems), End-Use Vertical (BFSI, Manufacturing, IT, Energy, Healthcare, Government, Entertainment & Media, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

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Market Definition: Global Data Center UPS Market

Data center UPS (Uninterruptible Power Systems) are the backup power units of a data center, helping regulate the power supply in cases of power outage or fluctuations which reduces the risk of any data loss or component damage. These systems come in use whenever the power system detects any power loss/outage helping provide a consistent supply of energy until the primary energy comes back on.

Market Drivers:

·       Rising utilization of digital services and the prevalence of digital age is expected to drive the growth of the market

·       Growth in utilization of cloud computing services globally is also expected to fuel the growth of the market

·       Presence of concerns regarding the loss of data in case of power outage acts as a market driver

·       Growth of various end-use organizations resulting in greater data generation and specialised IT solutions can also boost this market growth

Market Restraints:

·       Overall slow economic growth of the semiconductor market; this factor is expected to restrict the growth of the market

·       Increasing costs associated with the raw materials utilized in the production of these systems is expected to restrict the growth of the market

·       Lack of skilled professionals/human labour required for the optimal production of these systems; this factor is expected to restrain the growth of the market

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Competitive Analysis

Global data center UPS market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of data center UPS market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global data center UPS market are ABB; Schneider Electric; Eaton; Vertiv Group Corp; Mitsubishi Electric Corporation; Power Innovations International, Inc.; Socomec; Gamatronic Electronic Industries Ltd.; BENNING Elektrotechnik und Elektronik GmbH & Co. KG; Piller; RPS Spa; Toshiba International Corporation; AEG Power Solutions B.V.; AMETEK.Inc.; Borri S.p.A; Controlled Power Company; Cyber Power Systems (USA), Inc.; Delta Electronics, Inc.; Fuji Electric Co., Ltd.; Hitachi Hi-Rel Power Electronics Pvt. Ltd.; Kohler Uninterruptible Power Limited; Legrand; Rittal GmbH & Co. KG; Shenzhen Kstar Science&Technology Co.,Ltd.; Tripp Lite; VYCON; ZincFive, Inc.; Power Innovations International, Inc. and HBL Power Systems Ltd. among others.

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Research Methodology: Global Data Center UPS Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

·       Complete and distinct analysis of the market drivers and restraints

·       Key market players involved in this industry

·       Detailed analysis of the market segmentation

·       Competitive analysis of the key players involved

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Key Developments in the Market:

In November 2018, SolarEdge Technologies Inc. announced that they had agreed to acquire Gamatronic Electronic Industries Ltd. providing significant improvements and business capabilities of Gamatronic to specialise their business operations for UPS offerings. Gamatronic will operate as part of SolarEdge Technologies Inc. providing their unique technologies and financial capacity for the improvement of Gamatronic business

In May 2018, AMETEK.Inc. announced the launch of a new range of UPS by introducing “3400 Series UPS”. The products under the series are based on IGBT technology helping drive highly effective performance features without the need of a transformer for its operations. The products are available in a variety of power outputs in a minimal space-footprint

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