Modular Ups Market Key Players, Growth And Forecast 2027
Summary:
A new study title “Modular
UPS market size, status and forecast 2027” has been featured on market
research future.
Market Overview:
In
this rapidly changing world of technology, modular UPS market is
projected to show major growth prospects during the forecast period. Major
factor driving the modular UPS market is the increasing adoption of interactive
displays in order to enhance customer service experience.
The
global modular UPS market, by geography, has been segmented into North America,
Europe, Asia Pacific and Rest of the World. As compared to other regions, the
modular UPS market in Asia Pacific is expected to witness significant growth
and hold the largest market share during the forecast period. Japan, India and
China are anticipated to drive the growth of modular UPS market in the region.
This is owing to the presence of large number of key players like Huawei
Technologies in that region. In addition to this, the region comprises of
developing countries and has growing economies which has high research and
developments going on in order to ensure high implementation of new
technologies. Growing demand for data center applications and increasing need
for uninterrupted power supply are major factors driving the growth of modular
UPS market in the region. Technological advancements are responsible for
driving the growth of modular UPS market. Low maintenance costs and effective
services are other factors driving the growth of modular ups market in the
region.
Delta
Electronics has launched a modular 500kVA UPS with world’s highest power per
module. Moreover Delta Electronics is expanding its research and development
and manufacturing operations in India and is also focusing on developing smart
solutions for energy management and automation.
The modular
ups market is growing rapidly over 14%
of CAGR and is expected to reach at approx. USD 4 Billion by the end of
forecast period.
Taste
the market data and market information presented through more than 30 market
data tables and figures spread over 100 numbers of pages of the project report.
Avail the in-depth table of content TOC & market synopsis on “Modular
UPS Market Research Report-Forecast to 2023”.
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Key Players:
The
prominent players in the modular UPS market are – ABB Group (Switzerland),
Emerson Electric Co. (U.S.), Eaton Corporation PLC (Ireland), Huawei
Technologies Co. Ltd. (China), Schneider Electric SE (France), General Electric
(U.S.), Delta Electronics, Inc. (Taiwan), Gamatronic Electronic Industries Ltd.
(Israel), Riello Electronica Group (Italy), Tripp Lite (U.S.) among
others.
Segments:
The modular
UPS market has been segmented on the basis of component and vertical.
The component segment is bifurcated into solution and services. The solution
segment is further bifurcated into 10-100 kVA, 101-250 kVA, 251-500 kVA, and
above 500 kVA. The modular UPS is known to provide energy efficient and high
performance solutions. The modular UPS solutions are cost efficient and are
also low maintenance. This is one major factor driving the growth of modular
UPS market.
The
prominent players in the modular UPS market are – ABB Group (Switzerland),
Emerson Electric Co. (U.S.), Eaton Corporation PLC (Ireland), Huawei
Technologies Co. Ltd. (China), Schneider Electric SE (France), General Electric
(U.S.), Delta Electronics, Inc. (Taiwan), Gamatronic Electronic Industries Ltd.
(Israel), Riello Electronica Group (Italy), Tripp Lite (U.S.) among
others.
Regional Analysis:
The regional analysis of modular ups market is being studied for
regions such as Asia Pacific, North America, Europe and Rest of the World. It
has been observed that Asia Pacific is estimated to account for the largest
share of the market, followed by North America and Europe to grow at the
fastest rate during the forecast period. The major growth in modular UPS market
in Asia Pacific is attributed to technological advancements and developing
economies in the countries like China, Japan and India in the region.
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