The report is titled as ‘Modular UPS Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the modular UPS market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Modular UPS market is expected to grow with significant rate in the near future.
The global modular UPS market in 2020 is estimated for more than US$ 2.6 Bn and expected to reach a value of US$ 6.2 Bn by 2028 with a significant CAGR of 11.3%.
Modular UPS Market Definition
An uninterruptible power supply, also known as UPS, is an electrical device that provides reserve power backup in a condition when the main or input power source fails. It also maximizes the power supply capacity and minimizes the operational and maintenance cost at the same time. The world's largest UPS is in Fairbanks, Alaska; the 46-megawatt battery electric storage system (BESS) possess the capability of supplying power to the entire city along with nearby rural community during outrageous. On the basis of the vertical segment, the IT and telecommunication sector dominate this market, owing to the increasing applications of UPS systems coupled with its benefits like reliability, portability of modules, and flexibility.
Modular UPS Market Dynamics
Factors like, simplified installations, growing number of new data centers and ease of deployment is boosting the growth of global UPS market.
Moreover, penetrating demand for co-location facility, the emergence of modular data centers coupled with low maintenance cost also increases the demand for uninterrupted power systems.
However, lack of awareness in the developing countries like China, India, and Brazil along with the increased risk of single point failure restrict the growth of this market globally.
The global modular UPS market is expected to increase at a significant CAGR over the forecast period owing to the integration of new models, adoption of highly scalable model an effective services. Additionally, the technical advancements and modernization of aging data centers are further elevating the need for modular UPS in the market.
Modular UPS Market Key Players
Global modular UPS market is mainly dominated by ABB Ltd., AEG Power Solutions, Delta Electronics, Inc., Eaton Corporation Plc, Emerson Electric Co., Gamatronic Electronic Industries Ltd., General Electric Co., Huawei Technologies Co. Ltd., Rittal GmbH & Co. KG and Schneider Electric SE.
Modular UPS Market Segmentation
The global modular UPS market is segmented on the basis of technology, service, vertical, and region.
On the basis of technology, the global modular UPS market can be segmented into centralized parallel architecture technology and de-centralized parallel architecture technology. On the basis of service, the global modular UPS market can be segmented into professional service and integration service. On the basis of vertical, the global modular UPS market can be segmented into healthcare, manufacturing, BFSI, public sector, transportation, IT & telecom, media & entertainment, retail and energy & utility.
Modular UPS Market Regional Overview & Analysis
On the basis of region, the global modular UPS market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America modular UPS market is expected to be the most dominating market throughout the forecast period. Adoption of new emerging Technologies, increasing high investment in Enterprises infrastructure solutions coupled with raising awareness about the benefits of modular UPS systems is propelling the demand installation of UPS systems in numerous business premises. However, the fact that modular UPS systems are installed in rows may restrict the growth of this market as it occupies additional space and weight in the machine room.
MMC Overview on Modular UPS Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Modular UPS market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Modular UPS
• Advantages of Modular UPS
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Modular UPS Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Modular UPS Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Modular UPS Market Snapshot
2.4. Global Modular UPS Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Modular UPS Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Modular UPS Market, By Technology
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Technology
3.1.2. BPS Analysis, By Technology
3.2. Market Revenue (US$Mn) Forecast, By Technology
12.6. Africa Modular UPS Market Attractiveness Index
12.6.1. By Country
12.6.2. By Technology
12.6.3. By Service
12.6.4. By Vertical
13. Recommendation
13.1. Market Strategy
14. Competitive Landscape
14.1. Competition Dashboard
14.2. List and Company Overview of Global Key Players
14.3. Company Profiles
14.3.1. ABB Ltd.
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Product Portfolio
14.3.1.4. Key Developments
14.3.1.5. Business Strategies
14.3.2. AEG Power Solutions
14.3.3. Delta Electronics, Inc.
14.3.4. Eaton Corporation Plc
14.3.5. Emerson Electric Co.
14.3.6. Gamatronic Electronic Industries Ltd.
14.3.7. General Electric Co.
14.3.8. Huawei Technologies Co. Ltd.
14.3.9. Rittal GmbH & Co. KG
14.3.10. Schneider Electric SE
15. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global modular UPS market in 2020 is estimated for more than US$ 2.6 Bn and expected to reach a value of US$ 6.2 Bn by 2028 with a significant CAGR of 11.3%.
What are the key factors driving the growth of market?
Factors like, simplified installations, growing number of new data centers and ease of deployment is boosting the growth of global UPS market.
What segments are covered in market report?
The global modular UPS market is segmented on the basis of technology, service, vertical, and region.
What are the key participating players in the market?
ABB Ltd., AEG Power Solutions, Delta Electronics, Inc., Eaton Corporation Plc, Emerson Electric Co., Gamatronic Electronic Industries Ltd., General Electric Co., Huawei Technologies Co. Ltd., Rittal GmbH & Co. KG and Schneider Electric SE are the key participating players in the market
