Modular Uninterruptible Power Supply Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Modular Uninterruptible Power Supply Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Modular Uninterruptible Power Supply Market

The modular uninterruptible power supply market size was valued at USD 1.32 billion in 2021, and the market is now projected to grow from USD 1.41 billion in 2022 to USD 2.60 billion by 2029, exhibiting a CAGR of 9.2% during the forecast period of 2021-2029.

Government has put restrictions on social gatherings, events and moving out from home which make the people homesick. Numerous companies are encountering hurdles due to covid pandemic as the outbreak situation has curtailed production and supply chain which has hindered the market switched to treating covid patients as priority over the other procedures which led the modular uninterruptible power supply market growth. Additionally, manpower shortages affected manufacturing plants and slowed production due to movement restrictions and lockdowns in several regions. Stopped providing on-site maintenance and installations market growth sputtered amid the pandemic. Government has put restrictions on social gatherings, events and moving out from home which make the people homesick.

Growing need for dependability and no power outages to support market development during forecast period. The digitization of businesses across all industries has increased their need on dependable and consistent power sources by making them more dependent on electronic devices to access and gather data about their operations. Businesses cannot operate their operations if there is a power outage due to a power failure or loss; therefore, a dependable and guaranteed power source is necessary to address these problems. A UPS saves constant work and safeguards the hardware by providing continuity and dependability during power outages. Microprocessor and PC-based systems are utilized in numerous industrial processes, even though the IT sector has a significant demand for them. They are delicate and susceptible to power disruptions. It can safeguard industry hardware, store work-in-progress, and guarantee dependability and continuity in the event of a power loss. Even a brief power outage can cause major financial losses and interfere with industrial operations. As a result, the majority of sectors are starting to use sophisticated, modular UPS systems.

Increasing reliance on data centers could promote modular uninterruptible power supply market growth during forecast period. Cloud computing, hyperscale data centers, and large colocation facilities are in high demand across all industries. They began utilizing digital transformation. Microsoft, for instance, launched its first data center in New Zealand in May 2020 to assist companies in developing their digital capabilities. In New Zealand, the construction of a new data center is anticipated to raise demand for modular systems. To boost profits, hyperscalers and major colocation providers have significantly increased the size of their data centers in recent years.

Comprehensive Analysis of Modular Uninterruptible Power Supply Market

The modular uninterruptible power supply market and Power & Energy industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the Power & Energy benefit management industry. These segmentations are methodically segregated by capacity, by Topology, by Phase and by end users. The Capacity segmentations include Below 1.5 kVA, 1.5 kVA to 5 kVA, 5.1 kVA to 10 kVA, 10.1 kVA to 200 kVA, and Above 200 kVA, By Topology segmentations include Standby UPS, Line Interactive UPS, and Double Conversion Online UPS, By Phase segmentations include Single Phase and Three Phase, By End-user segmentations include Data Center, IT & Telecommunication, Healthcare, Industrial, BFSI, Utility, Energy, and Others.

The North America region lead the modular uninterruptible power supply market by benefitting a market size of USD 0.48 billion in 2021 due to growing need for dependability and no power outages and Increasing reliance on data centers and existence of colocation centers and data centers, as well as nations with highly developed technology.

The top players in the market play a crucial role in the Power & Energy industry assuring industrial prospectus growth and setting market standards. These key industry players include, Kehua Data Co., Ltd. (China), Eaton (Ireland), Delta Electronics, Inc. (Taiwan), ABB (Switzerland), Schneider Electric (France), Shenzhen Kstar Technology Co., Ltd. (China), Vertiv Group Corp. (U.S.), Riello UPS (RPS S.p.A.) (Italy), Toshiba International Corporation (U.S.), Gamatronic Electronic Industries Ltd. (Israel) these market players provide a level-playing competitive landscape.

In December 2021, International Information Technology Co. LLC. (IITC), an OHI Group firm in Oman, and Delta established a cooperation. On future IT infrastructure and data center projects in Oman and the Middle East, IITC and Delta will work closely together. IITC will also distribute Delta's cooling and uninterruptible power supply systems, which are perfect for the region's expanding data centers and operators.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2018-2029

Base Year 2021

Estimated Year 2022

Forecast Period 2022-2029

Historical Period 2018-2020

Unit Value (USD Billion)

By Capacity Below 1.5 kVA

1.5 kVA to 5 kVA

5.1 kVA to 10 kVA

10.1 kVA to 200 kVA

Above 200 kVA

By Topology Standby UPS

Line Interactive UPS

Double Conversion Online UPS

By Phase Single Phase

Three Phase

By End-user Data Center

IT & Telecommunication

Healthcare

Industrial

BFSI

Utility

Energy

Others

By Geography North America (By Capacity, By Topology, By Phase, By End-user, By Country)

U.S. (By End-user)

Canada (By End-user)

Europe (By Capacity, By Topology, By Phase, By End-user, By Country)

U.K. (By End-user)

Germany (By End-user)

France (By End-user)

Netherland (By End-user)

Italy (By End-user)

Russia (By End-user)

Rest of Europe (By End-user)

Asia Pacific (By Capacity, By Topology, By Phase, By End-user, By Country)

China (By End-user)

Japan (By End-user)

Australia (By End-user)

India (By End-user)

Southeast Asia (By End-user)

Rest of Asia Pacific (By End-user)

Latin America (By Capacity, By Topology, By Phase, By End-user, By Country)

Brazil (By End-user)

Mexico (By End-user)

Rest of Latin America (By End-user)

Middle East & Africa (By Capacity, By Topology, By Phase, By End-user, By Country)

GCC (By End-user)

South Africa (By End-user)

Rest of Middle East & Africa (By End-user)

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