The global modular uninterruptible power supply (UPS) market size is expected to grow from $3.12 billion in 2021 to $3.53 billion in 2022 at a compound annual growth rate (CAGR) of 13.1%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The modular UPS market is expected to reach $4.98 billion in 2026 at a CAGR of 9.0%.
What is the Global Modular Uninterruptible Power Supply (UPS) Market?
The modular uninterruptible power supply (UPS) market consists of sales of modular UPS and related services by entities (organizations, sole traders, and partnerships) that manufacture modular UPS where each module in modular UPS is being embedded with hardware and software required for autonomous operation. In modular uninterruptible power supply, each module is provided with critical components and thereby eliminating the weak points. Through decentralized static bypass switches and controls, modular UPS systems eliminate single points of failure.
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What drives the Global Modular Uninterruptible Power Supply (UPS) Market?
An increasing number of data centers is contributing to the modular uninterruptible power supply market growth. The upcoming and existing data centers are being provided with modular UPS systems to attain higher standardization, greater flexibility, and expandability. Data centers are also being assisted with modular UPSs for ensuring continuous and reliable power supply and support of the systems during power outrage. For instance, in 2020, Amazon bought 100 acres in Virginia, the USA to build data centers, Iron Mountain is constructing three buildings in 40 acres near Phoenix, USA. According to a survey conducted by Turner & Townsend, in 2020, 85% of the survey respondents believed that data construction demand in 2021 will be more than it was in 2020. Therefore, the increasing number of data centers is expected to propel the growth of the modular UPS market.
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Global Modular Uninterruptible Power Supply (UPS) Market Segments
The global modular UPS market is segmented:
By Product Type: Online or Double-Conversion, Line-Interactive, Off-Line or Standby
By Power Capacity: 0 - 50 kVA, 51 - 100 kVA, 101 - 300 kVA, 301 and Above kVA
By End-User: Data Centers, Industrial, Telecommunication, Commercial, BFSI, Government, Others
By Geography: The regions covered in the modular uninterruptible power supply (UPS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Modular Uninterruptible Power Supply (UPS) Global Market Report 2022provides market size and growth forecasts for the global modular uninterruptible power supply (UPS) market, global modular UPS market share, modular uninterruptible power supply market segments and geographies, modular UPS market competitive landscape including leading competitors’ revenues, profiles and market shares. The modular uninterruptible power supply market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Modular Uninterruptible Power Supply (UPS) Industry Players include ABB, Eaton, Schneider Electric, Huawei, Delta Electronics, AEG Power Solutions, Vertiv, Emerson Electric, Rittal, Toshiba International Corporation (TIC), Gamatronic, and Tripp-Lite. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
