Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Industrial UPS Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.2% during the review period (2022 to 2027).
Uninterrupted Power Supply (UPS) is an electrical System that provides emergency power to a load when the input power source fails. UPS systems provide a measure of insurance and security for the user who is concerned about data loss and hardware failures caused by power disturbances. A UPS differs from an auxiliary or emergency power system or standby generator in that it will provide near-instantaneous protection from input power interruptions, by supplying energy stored in batteries, supercapacitors, or flywheels.
An industrial UPS is an electrical appliance used to provide power backup to a load during a power breakdown. These industrial UPS provide instantaneous power backup by ensuring continuous power supply from energy stored in batteries. Industrial UPS are widely deployed for continuous power supply in various industries such as the petroleum industry, chemical industry and electric power industry.
The rising automation process in the automobile industry and the other manufacturing industries is expected to propel the demand for Industrial UPS in the market.The growing distributed energy generation industry is expected to increase the market share of Industrial UPS. Moreover, the increasing use of green energy is expected to stimulate the growth of the market.One of the major factors that can inhibit the growth of the market is the battery replacement that can havoc the whole system.Industrial UPS requires skilled workers to install the system. Moreover, the lack of skilled workers to check the battery condition can impact the functioning of the whole system.
The Industrial UPS Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end-users. The three dependencies for the status of major companies in the market are company profile, profitable gross margin, the prices they charge. These are the main players in this market including EATON Corporation plc (NYSE:ETN), Emerson Electric Co. (NYSE:EMR), Schneider-Electric S.E. (Paris :SU.PA), ABB Ltd (NYSE:ABB), AEG, Ametek Inc. (NYSE:AME), S&C, General Electric Company (NYSE :GE), Benning Power Electronic, ToshibaCorporation (Other OTC :TOSYY), Borri, Falcon Electric, Delta Greentech, Socomec, and Others..
February 2020, Huawei launched its UPS power module across the world. This launch enables the power density of a single module to reach up to 100 kW/3 U. This facilitates improved data center utilization and increases revenue.
March 2021, Schneider Electric announced the extension of the product line of Easy UPS 3L from 250 kVA to 600 kVA (400V). These UPS can be used in medium to large commercial complexes and light-duty industries.
By Type, it is segmented into
By Applications, it is segmented into
North American region dominated the Industrial UPS market owing to the adoption of green energy and the boom of the petroleum industry due to the oil wells, especially in the United States. Middle East is predictable to nurture at an impressive CAGR rate owing to the gradual shift from the petroleum industry to distributed energy generation. Rapid industrialization and modernization in the Asia Pacific are projected to contribute to the huge market share. Furthermore, initiatives such as Made in India have extended the manufacturing sector which is growing the demand for industrial UPS in the market.
The Industrial UPS Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Industrial UPS Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.2% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | EATON Corporation plc (NYSE:ETN), Emerson Electric Co. (NYSE:EMR), Schneider-Electric S.E. (Paris :SU.PA), ABB Ltd (NYSE:ABB), AEG, Ametek Inc. (NYSE:AME), S&C, General Electric Company (NYSE :GE), Benning Power Electronic, ToshibaCorporation (Other OTC :TOSYY), Borri, Falcon Electric, Delta Greentech, Socomec, and Others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 162 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Industrial UPS Market is studied from 2017 - 2027.
What is the growth rate of Industrial UPS Market?
The Industrial UPS Market is growing at a CAGR of 7.2% over the next 5 years.
Who are the leading key players in Industrial UPS Market?
EATON Corporation plc (NYSE:ETN), Emerson Electric Co. (NYSE:EMR), Schneider-Electric S.E. (Paris :SU.PA), ABB Ltd (NYSE:ABB), AEG, Ametek Inc. (NYSE:AME), S&C, General Electric Company (NYSE :GE), Benning Power Electronic, ToshibaCorporation (Other OTC :TOSYY), Borri, Falcon Electric, Delta Greentech, Socomec, and Others.
What regions regions does this Industrial UPS Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Industrial UPS Market?
DC Industrial UPS, AC Industrial UPS, Other
What are the significant Applications of Industrial UPS Market?
Petroleum Industry, Chemical Industry, Electric Power Industry, Light Industry, Other
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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MARKET ENGINEERING
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REPORT WRITING/ PRESENTATION
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