Latest News- Uninterruptible Power Supply (UPS) Market: Non-residential is expected to lead the End-user segment during 2025-2029

The Uninterruptible Power Supply (UPS) Market is being driven by Growth in data center infrastructure

The Uninterruptible Power Supply (UPS) Market is expected to grow at a CAGR of 4.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 4243.5 billion. Uninterruptible Power Supply (UPS) systems are essential for various applications across diverse end-user sectors, including homeowners, data centers, hospitals, factories, universities, and businesses. Two prominent types of UPS systems cater to the unique requirements of these end-users: Offline or Standby UPS and Line-interactive UPS. The Offline UPS system, also known as a standby UPS, automatically switches to battery power when input voltage falls outside the predefined tolerance range. In contrast, the Line-interactive UPS offers enhanced features, such as voltage boost/reduction and improved filtering, in addition to the basic function of the Offline UPS. Both types ensure uninterrupted power delivery, safeguarding critical operations from power fluctuations and outages. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Non-residential
  • Residential
• Type
  • Online or double conversion
  • Line-interactive
  • Off-line or standby
• Application
  • Industrial
  • Data centers
  • Telecommunications
  • Healthcare
  • Others
• Capacity
  • Above 1000 kVA
  • Below 500 kVA
  • 500-1000 kVA
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • North America
    • Canada
    • US
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growth in data center infrastructure
• Rise in demand from telecom industry
• Growing prominence for online shopping among residential end-users

However, the market also witnesses some limitations, which are as follows:

• Risks of UPS failure
• Rise in distributed power generation
• Drawbacks of batteries

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Market Scope in Uninterruptible Power Supply (UPS) Market Research Report

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Research Analysis Overview

The Uninterruptible Power Supply (UPS) market encompasses technologies and solutions that ensure high power quality, including power factor correction, harmonic distortion mitigation, and transient suppression. It offers power outage mitigation through load shedding and battery recycling, as well as energy storage for edge computing, network security, data security, and cloud computing. UPS solutions ensure business continuity, disaster recovery, and critical load analysis, while optimizing power system design and reducing carbon footprint. Smart grid integration, IoT, data center infrastructure, edge data centers, mobile power solutions, portable UPS, off-grid power, solar power integration, and wind power integration are also part of the UPS market's scope.

Market Research Overview

The Uninterruptible Power Supply (UPS) market is a significant segment of the larger global electrical components and equipment market. This market encompasses companies specializing in UPS systems, which provide power protection through battery backup, power conditioning, surge protection, and voltage regulation. The electrical components and equipment market, as calculated by Technavio, includes the revenue generated by manufacturers of various electrical products, such as water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components. Additionally, rental and leasing of electrical components and equipment to industrial, commercial, and residential sectors are considered in the market size calculation.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
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