An
uninterruptible power supply (UPS) is a device which permits computer to
maintain operations for a short time once the primary power source is gone. UPS
appliances also provide protection from power surges. Small UPS systems deliver
power for a few minutes allowing smooth shutdown of computers in an orderly
manner, while the larger one provide adequate battery for operating the system
for several hours. The applications such as critical datacenters require UPS
systems which can operate quickly for a short duration until electrical
generators take over.
Nowadays
UPS systems can also set up alerting servers to shut down in a systematic
manner when an power outage occurred, and the batteries are moving out. It
prevents probable origin of damage on appliances due to sudden power supply
interruptions, therefore it is an is the essential need when arises to offer
the smooth work operations.
According
to the study, “Uninterruptible
Power Supply (UPS) Market Research Report by Product Type (Off-line/standby,
Line-interactive, Online/double-conversion, and Others), Application
(Telecommunication, Data Centre, Data Center, Medical, Industrial, and Others),
and Region (North America, Europe, APAC, and RoW)-Global Forecast to 2025”
the key companies operating in the Uninterruptible Power Supply (UPS) market
are PowerMan, S&C Electric Company, Delta Electronics Inc., HongBao
Electric Co. Ltd., Active Power Inc., Jiangsu EKSI Electrical Manufacturing Co.
Ltd., Beijing Dynamic Power Co. Ltd., Schneider Electric, Guangdong Zhicheng
Champion Group Co. Ltd, Guangdong Prostar New Energy Technology Co. Ltd.
Based
on type, market is segmented into off-line/standby, online/double-conversion,
line-interactive, and others. The standby UPS system segment holds major share,
as it is cost-efficient & more suitable for residential use. Based on
output type, market is segmented into DC and AC. Based on power rating, market is
segmented into 1–10 kVA, 10.1–20 kVA, 20.1–100 kVA, and 100.1 kVA & above.
In addition, based on end-user, market is segmented into telecommunication,
data center, refining, medical, oil & gas, IT sector, power & energy
sector, petrochemical, automobile, and others. Data center segment is estimated
to witness substantial growth as it generates massive volume of data during the
forecast period.
The
market is driven by rise in development of telecommunication industry, followed
by increase in need for high-quality & efficient UPS for continuous power
supply, growth in number of data centers, rise in government initiatives for
industrial development, decline in lithium-ion battery prices, surge in demand
for power backup solutions and increase in population. However, high
maintenance cost and requirement for battery replacement & updating of
components may impact the market. Moreover, increase in use of industrial UPS
in the chemicals, food processing, and railway sectors is a key opportunity for
market.
Based
on geography, the North-American region holds major share, followed by European
region in market owing to growth in demand from several end users, such as
insurance, healthcare, and financial services and rise in volume of digital
content in the region. The Asian-Pacific region is projected to witness higher
growth rate due to increase in number of collaborative data centers and rise in
concerns regarding blackout in under-developed & developing countries over
the forecast period.
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