Uninterruptible Power Supply (UPS) Market Gaining Traction from Electronic Industry

The global Uninterruptible Power Supply Market was valued at a range of $10billion – $11billion in 2018, and it is projected to grow with a CAGR of around 3% - 5% during the forecast period 2019-2025. UPS is like a continual power system that provides sufficient power to start a system or to shut down the protected equipment. A UPS varies from an auxiliary or emergency power system or standby generator that will provide protection from input power interruptions, by supplying energy stored in batteries, supercapacitors, or flywheels. 

Uninterruptible power supply (UPS) is a device driven by the growing importance of backup power and cloud era. With the increase of digital infrastructure and electricity networks, there is a robust necessity for uninterruptible power source and consistent power supply for the flawless working of electrical equipment’s is driving the growth of UPS market. Consumer electronics is key the application to hold most demand potential with demand incrementing at a CAGR of 4% to 5% through to endpoint 2019-2025. Continues technology advancement with a consistent focus on adaptability, manageability, security, and availability will continue demand for UPS devices in the digital industry.  

The global uninterruptible power supply market is consistently returning profits owing to the ceaseless applications of UPS in plentiful end-user industries including military, medical, telecom, commercial, datacenters, and Marine. UPSs are extremely versatile and can be used in various applications, thus their demand is expected to increase at a phenomenal level. The tremendous capability of power supply facilities along with feature like handling the load has induced a remarkable scope of industrial applications in this market. With such numerous applications, this industry is bolstering throughout the sphere. The APAC region grabs the major market share for uninterruptible power supply market, with a global market share of around 28% - 32%. Suppliers in the market requires to introduce improved product to differentiate themselves and continue to grow their position for industrial end users and OEMs. 

The UPS, a device that provides power protection to systems, find application across various sectors, and therefore profitable market for the same. Industrial transport, Military, Medical, Telecom, commercial, datacenters and Marine are the major sectors extensively using UPS. Suppliers in the market is developing improved product with the same subject to continue the growth in the UPS market.

Diesel Rotary UPS Market: By Power Rating (100-1000 KvA, 1000-2000 KvA, 2000-2500 KvA, 2500 KvA); By Application (IoT Applications, Heavy Duty Equipment, Others); By End User Industry (Aviation, Semiconductor, Telecom, Healthcare, Defence, Others) & Geography - Forecast(2018 - 2023)

Switching Power Supply Market: By Voltage Range (Up to DC 12 V, DC 12V to DC 24V, and Others); By Power Output (Up to 2KW, 2KW to 6KW, and Others); By End-User (Telecommunication, Power Utilities and Distribution, Data Center, Electrification and Others); & By Geography - Forecast (2018-2024)