The UPS Battery For Data Center Market is being driven by Increase in adoption of modular UPS systems
The UPS Battery For Data Center Market is expected to grow at a CAGR of 6.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2353 million. The digitalization of the global economy has led to an unprecedented growth in data center infrastructure demand. Key drivers include the proliferation of Internet services, increasing communication, online banking transactions, connected devices, digitized services, and cloud computing. Notable investments in this sector include Bulk Data Centers' expansion of a new 42MW facility at their N01 Data Center Campus in Southern Norway. This state-of-the-art data center caters to high-density GPU and CPU infrastructure, offering both air and liquid cooling capabilities.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
241 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.8% |
Market growth 2025-2029 |
USD 2353 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
6.4 |
Key countries |
US, Canada, China, UK, Japan, India, Germany, France, South Korea, Italy, US, UK, Germany, France, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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In the context of data centers, power outages, fluctuations, and surges pose significant risks to business continuity. UPS batteries play a crucial role in ensuring uninterrupted power supply. Market trends include battery recycling and replacement, testing, cooling, security, optimization, design, and construction. Data center migration, virtualization, automation, AI, ML, IoT, cloud security, analytics, big data, and power monitoring software also impact battery usage. Batteries require regular maintenance for optimal performance.
The UPS battery market is a significant segment of the larger electrical components and equipment market. This market encompasses companies specializing in the production of uninterruptible power supplies (UPS) and their associated batteries. UPS systems provide power backup and energy storage solutions for data centers, ensuring business continuity during power outages or voltage fluctuations. The global electrical components and equipment market, as calculated by Technavio, includes the revenues of manufacturers in various sectors such as water heaters and accessories, motors, electrical distribution and protection equipment, power supplies and conditioners, and UPS systems, among others. Additionally, the market size considers the rental and leasing of electrical components and equipment to diverse industries, including industrial, commercial, and residential sectors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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