Modular UPS Market Size, Revenue, Company Profile, Key Trend Analysis & Forecast by 2021–2028

Modular UPS Market
Modular UPS Market

The global modular UPS market is expected to reach USD 7,785.7 Million by 2028, according to a new report by Reports and Data. The modular UPS allows flexible adaption of the UPS power based on power requirements.

The scalability of modular UPS is driving the growth of the market. A scalable data center gets immense advantages from the implementation of modular UPS system topology as it improves electrical efficiency by offering scalability options. Enterprises across several sectors become progressively dependent on UPS systems to get uninterrupted and protected power for their data resources. Instead of a single fixed installation, UPSs become better cost and energy-efficient systems by aggregations of smaller modules operating together in parallel. These can effortlessly be incrementally scaled to exact power requirements.

Escalating growth of the colocation industry is expected to drive the market growth in the forecast period. At present, as the ubiquity and requirement of internet hosting continue to surge, SMEs and large enterprises must cater to the demands to stay pertinent and available online. Colocation facilities act as a type of data center that rents equipment space and bandwidth to enterprises and businesses that require a network service provider at an affordable cost. Modular UPS systems protect uptime of large data centers and deliver facility-wide protection for sensitive electronics. These types of UPS ensure smooth operation critical systems during power disturbances, including blackouts, brownouts, surges, sags, or noise interference.

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Key participants include ABB Group, Eaton Corporation PLC, Emerson Electric Company, Huawei Technologies Co. Ltd., General Electric, Schneider Electric SE, Delta Electronics, Mitsubishi Inc., Gamatronic Electronic Industries Ltd., and Tripp Lite, among others.

Further key findings from the report suggest

  • By power rating, 51-100 KVA contributed to the largest market share in 2018 and is expected to grow at a rate of 10.6% in the forecast period. The market dominance of 51-100 KVS modular UPS may be attributed to the increasing demand from IoT devices owing to offering of hassle-free installation, enhanced usability, easy maintenance, on-demand capacity expansion, and better efficiency.
  • By organization sizes, large enterprises dominated the market in 2018 and are likely to witness a growth rate of 10.3% in the forecast period. The modular UPS provides better scalability, flexibility, and reliability to keep their systems operational in the event of an accident.
  • By application, a centralized power protection solution held a larger market share in the year 2018.
  • By industry vertical, healthcare industry is projected to grow at a significant rate of 11.6% in the forecast period, owing to the use of medical devices ranging from ventilators to MRIs, hematology systems to diagnostic instruments, gas analyzers to centrifuges, and data centers, among others, that require uninterrupted and reliable power supply for their operation.
  • North America dominated the market in 2018 and is estimated to have a CAGR of 10.4% in the forecast period, due to the increasing demand for growing technological advancements and data center applications in the region.

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For the purpose of this report, Reports and Data have segmented the global modular UPS market on the basis of power rating, organization size, application, industry vertical, and region:

Power Rating Outlook (Revenue, USD Million; 2018-2028)

  • 0-50 KVA
  • 51-100 KVA
  • 101-300 KVA
  • >300 KVA

Organization Size Outlook (Revenue, USD Million; 2018-2028)

  • Small & Medium-Sized Enterprises
  • Large Enterprises

Application Outlook (Revenue, USD Million; 2018-2028)

  • Centralized Power Protection Solution
  • Distributed Power Protection Solution

Industry Vertical Outlook (Revenue, USD Million; 2018-2028)

  • BFSI
  • IT & Telecommunications
  • Energy & Utilities
  • Government & Public Sector
  • Healthcare
  • Manufacturing
  • Others

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Benefits of the report:

  • Provides a comprehensive analysis of the competitive landscape
  • Provides historical data (2017-2018) and estimations for the forecast period (2020-2027)
  • Provides a futuristic outlook on drivers and restraints of the market
  • In-depth 8-year forecast along with market growth prediction
  • Extensive analysis of market segments based on types and applications
  • Provides a competitive edge to the organization referring to this report
  • Assists in formulating investment strategies and fruitful business decisions
  • Contains SWOT analysis, Porter’s Five Forces Analysis, Feasibility Analysis, and Investment Return Analysis

In conclusion, the report offers a quantitative and qualitative study of the Global Modular UPS market containing a global as well as regional analysis of the market. The market study sheds light on crucial market information and statistical data on the basis of its drivers, limitations, opportunities, and future prospects. The report also covers the competitive landscape with the assistance of Porter’s Five Forces Analysis and SWOT analysis.

Thank you for reading our report. Customization of the report is available according to the requirements of the clients. Kindly get in touch with us to know more about the report and our team will ensure the report is tailored according to your needs.

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