Global UPS Market 2023-2027

Global UPS Market 2023-2027

Technavio has been monitoring the UPS market and is forecast to grow by $5.97 bn during 2022-2027, accelerating at a CAGR of 4.5% during the forecast period. Our report on the UPS market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in data center infrastructure, rise in demand from telecom industry, and growing prominence for online shopping among residential end-users.

Technavio's UPS market is segmented as below:

By End-user

  • Non-residential
  • Residential
By Type
  • Online or double conversion
  • Line-interactive
  • Off-line or standby
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the advances in UPS technology as one of the prime reasons driving the UPS market growth during the next few years. Also, growing use of lithium-ion batteries in ups systems and increase in integration of power sources will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the UPS market covers the following areas:
  • UPS market sizing
  • UPS market forecast
  • UPS market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading UPS market vendors that include ABB Ltd., Ablerex Electronics Co. Ltd., AMETEK Inc., Delta Electronics Inc, East Penn Manufacturing Co. Inc., Eaton Corp. Plc, EnerSys, Exide Industries Ltd., Friedhelm Loh Stiftung and Co. KG, Hitachi Ltd., Huawei Technologies Co. Ltd., Legrand SA, Metartec Ltd., Mitsubishi Electric Corp., Power Innovations International Inc., Raytheon Technologies Corp., Schneider Electric SE, Siemens AG, TOSHIBA CORP, and Vertiv Holdings Co. Also, the UPS market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global UPS market 2017 - 2021
      • Table Historic market size – Data table on global UPS market 2017 - 2021 ($ billion)
    • End-user segment analysis 2017 - 2021
      • Table Historic market size – End-user segment 2017 - 2021 ($ billion)
    • Type segment analysis 2017 - 2021
      • Table Historic market size – Type segment 2017 - 2021 ($ billion)
    • Geography segment analysis 2017 - 2021
      • Table Historic market size – Geography segment 2017 - 2021 ($ billion)
    • Country segment analysis 2017 - 2021
      • Table Historic market size – Country segment 2017 - 2021 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2022-2027 (%)
      • Table Data Table on End-user - Market share 2022-2027 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Non-residential - Market size and forecast 2022-2027
      • Table Chart on Non-residential - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Non-residential - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Non-residential - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Non-residential - Year-over-year growth 2022-2027 (%)
    • Residential - Market size and forecast 2022-2027
      • Table Chart on Residential - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ billion)
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2022-2027 (%)
      • Table Data Table on Type - Market share 2022-2027 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Online or double conversion - Market size and forecast 2022-2027
      • Table Chart on Online or double conversion - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Online or double conversion - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Online or double conversion - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Online or double conversion - Year-over-year growth 2022-2027 (%)
    • Line-interactive - Market size and forecast 2022-2027
      • Table Chart on Line-interactive - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Line-interactive - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Line-interactive - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Line-interactive - Year-over-year growth 2022-2027 (%)
    • Off-line or standby - Market size and forecast 2022-2027
      • Table Chart on Off-line or standby - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Off-line or standby - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Off-line or standby - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Off-line or standby - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • India - Market size and forecast 2022-2027
      • Table Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on India - Year-over-year growth 2022-2027 (%)
      • Table Data Table on India - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • Russia - Market size and forecast 2022-2027
      • Table Chart on Russia - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Russia - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Russia - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growth in data center infrastructure
      • Rise in demand from telecom industry
      • Growing prominence for online shopping among residential endusers
    • Market challenges
      • Risks of UPS failure
      • Rise in distributed power generation
      • Drawbacks of batteries
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Advances in UPS technology
      • Growing use of lithium-ion batteries in UPS systems
      • Increase in integration of power sources
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • ABB Ltd.
      • Table ABB Ltd. - Overview
      • Table ABB Ltd. - Business segments
      • Table ABB Ltd. - Key news
      • Table ABB Ltd. - Key offerings
      • Table ABB Ltd. - Segment focus
    • Ablerex Electronics Co. Ltd.
      • Table Ablerex Electronics Co. Ltd. - Overview
      • Table Ablerex Electronics Co. Ltd. - Business segments
      • Table Ablerex Electronics Co. Ltd. - Key offerings
      • Table Ablerex Electronics Co. Ltd. - Segment focus
    • AMETEK Inc.
      • Table AMETEK Inc. - Overview
      • Table AMETEK Inc. - Business segments
      • Table AMETEK Inc. - Key offerings
      • Table AMETEK Inc. - Segment focus
    • East Penn Manufacturing Co. Inc.
      • Table East Penn Manufacturing Co. Inc. - Overview
      • Table East Penn Manufacturing Co. Inc. - Product / Service
      • Table East Penn Manufacturing Co. Inc. - Key news
      • Table East Penn Manufacturing Co. Inc. - Key offerings
    • Eaton Corp. Plc
      • Table Eaton Corp. Plc - Overview
      • Table Eaton Corp. Plc - Business segments
      • Table Eaton Corp. Plc - Key news
      • Table Eaton Corp. Plc - Key offerings
      • Table Eaton Corp. Plc - Segment focus
    • EnerSys
      • Table EnerSys - Overview
      • Table EnerSys - Business segments
      • Table EnerSys - Key news
      • Table EnerSys - Key offerings
      • Table EnerSys - Segment focus
    • Exide Industries Ltd.
      • Table Exide Industries Ltd. - Overview
      • Table Exide Industries Ltd. - Product / Service
      • Table Exide Industries Ltd. - Key offerings
    • Huawei Technologies Co. Ltd.
      • Table Huawei Technologies Co. Ltd. - Overview
      • Table Huawei Technologies Co. Ltd. - Business segments
      • Table Huawei Technologies Co. Ltd. - Key news
      • Table Huawei Technologies Co. Ltd. - Key offerings
      • Table Huawei Technologies Co. Ltd. - Segment focus
    • Legrand SA
      • Table Legrand SA - Overview
      • Table Legrand SA - Business segments
      • Table Legrand SA - Key offerings
      • Table Legrand SA - Segment focus
    • Mitsubishi Electric Corp.
      • Table Mitsubishi Electric Corp. - Overview
      • Table Mitsubishi Electric Corp. - Business segments
      • Table Mitsubishi Electric Corp. - Key news
      • Table Mitsubishi Electric Corp. - Key offerings
      • Table Mitsubishi Electric Corp. - Segment focus
    • Power Innovations International Inc.
      • Table Power Innovations International Inc. - Overview
      • Table Power Innovations International Inc. - Product / Service
      • Table Power Innovations International Inc. - Key offerings
    • Raytheon Technologies Corp.
      • Table Raytheon Technologies Corp. - Overview
      • Table Raytheon Technologies Corp. - Business segments
      • Table Raytheon Technologies Corp. - Key news
      • Table Raytheon Technologies Corp. - Key offerings
      • Table Raytheon Technologies Corp. - Segment focus
    • Schneider Electric SE
      • Table Schneider Electric SE - Overview
      • Table Schneider Electric SE - Business segments
      • Table Schneider Electric SE - Key news
      • Table Schneider Electric SE - Key offerings
      • Table Schneider Electric SE - Segment focus
    • TOSHIBA CORP
      • Table TOSHIBA CORP - Overview
      • Table TOSHIBA CORP - Business segments
      • Table TOSHIBA CORP - Key offerings
      • Table TOSHIBA CORP - Segment focus
    • Vertiv Holdings Co.
      • Table Vertiv Holdings Co. - Overview
      • Table Vertiv Holdings Co. - Business segments
      • Table Vertiv Holdings Co. - Key news
      • Table Vertiv Holdings Co. - Key offerings
      • Table Vertiv Holdings Co. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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