Uninterruptible Power Supply (UPS) Market Research Report by Product Type (Off-line/standby, Line-interactive, Online/double-conversion, and Others), Application (Telecommunication, Data Centre, Data Center, Medical, Industrial, and Others), and Region (North America, Europe, APAC, and RoW)-Global Forecast to 2025
Market analysis
Uninterruptible Power Supply (UPS) has developed as an exceedingly applicable innovation in the modern world. A few variables can be credited to the accomplishment of UPS. The mechanical bloom in nations, for example, Brazil, China, Mexico and India has made a good business atmosphere for the power and energy industry and its sub-segments. Today, energy is seen as a key to the technological development, particularly for nations which intensely depend on their mechanical yield. This makes UPS an imperative innovation. UPS frameworks guarantee producing offices keep running in full throttle, maintaining a strategic distance from any downtime. Organizations keep on looking for better solutions for power supply management, which is making the UPS market grow quickly. In 2017, the worldwide market for UPS remained at USD 7,225.7 Mn and is probably going to show a better than expected development in the following years.
Market segmentation
The global Uninterruptible Power Supply (UPS) Market is segmented on the basis of its product type, application and regional analysis. Based on its product type, the market is classified into line-interactive, offline or standby, online/ double conversion. On the basis of its application, the market is segmented as data center, telecommunication, marine, industrial, medical, and others.
Regional analysis
Geographically, the global Uninterruptible Power Supply (UPS) Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
Schneider Electric, Guangdong Prostar New Energy Technology Co. Ltd., PowerMan, Guangdong Zhicheng Champion Group Co. Ltd, S&C Electric Company, HongBao Electric Co. Ltd., Delta Electronics Inc., Active Power Inc., Beijing Dynamic Power Co. Ltd., Jiangsu EKSI Electrical Manufacturing Co. Ltd.,are some of the major players in the global Uninterruptible Power Supply (UPS) Market.