The Modular UPS Market size is estimated at USD 5.67 billion in 2024, and is expected to reach USD 10.65 billion by 2029, growing at a CAGR of 10.38% during the forecast period (2024-2029).
The rising need for uninterrupted operations and heightened reliance on data centers could propel sector expansion.
The modular uninterruptible power supply (UPS) is a resilient and adaptable power protection system that regulates UPS performance. The moduless in data centers. As a result of the growing reliance on large-scale applications and cloud services, demand for colocation services has increased, offering new prospects for the modular UPS industry.
The Modular UPS market is highly fragmented, with a large number of players that includes ABB Ltd, Emerson Network Power, Delta Power Solutions, Huawei Technologies Co. Ltd, Schneider Electric SE, General Electric, Gamatronic Electronic Industries Ltd, and others. This implies that the market concentration is low.
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