January 16, 2020
According to the research report titled ‘Data Center UPS Market Size By Data Center Size (Small, Medium, Large), By Component (Solution [Standby UPS, Line Interactive UPS, Online UPS], Service [Managed, Professional]), By Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, IT & Telecom), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available at MarketStudyReport.com, the global data center UPS market is expected to be worth USD 5 billion by the year 2026.
According to the report, increasing data-related services has led to rising number of new data centers across the world which in turn is driving the data center UPS market growth. Data Center operators are implementing high quality power management devices such as battery monitoring equipment, intelligent rack PDUs, and smart UPS to improve energy efficiency and reduce PUE ratio. Data centers comprise of servers, storage systems and network devices which may fail during power outage conditions. Rising prevalence of power surges in data centers is further aiding the expansion of the market.
As per data center size, medium data center UPS industry segment is predicted to register substantial growth during the forecast period. These type of data centers are extensively used in universities, hospital, cable handling stations, government and commercial organizations. Increasing number of medium data centers has led to rising adoption of UPS systems for reducing equipment failures and for managing power, thereby stimulating the industry outlook.
In terms of component, the report cites that online UPS segment will hold the largest share in the data center UPS market during the estimated timeframe. Online UPS systems offer isolation between load and main supply, which helps to eliminate input disturbances such as spike, brownouts, and blackouts during power conversions.
Based on the application spectrum, the IT & telecom segment is expected to dominate the data center UPS market during the forecast period. Rapid digitalization has led to generation of large volumes of organizational data. This factor along with growing telecommunication industry and surging need for managing high volume of data are facilitating the business scenario.
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As per the regional analysis, North America data center UPS industry is presumed to grow significantly in the forthcoming years. Rising adoption of AI, IoT, and cloud technologies in manufacturing industries are augmenting the demand for data centers across the region. Strict federal reforms pertaining to emission mitigation and energy consumption is propelling the demand for efficient power management devices in data centers further driving industry share.
Xiamen Kehua Hengsheng Co. Ltd., Vertiv Co., Toshiba Corp., Socomec, Shenzhen Kstar Science & Technology Co. Ltd., Schneider Electric SE, Power Innovations International Inc., Panduit Corp., Mitsubishi Electric Corp., Legrand, Intellipower Inc., Huawei Technologies Co. Ltd., General Electric Co, Gamatronic Electronic Industries Ltd., Eaton Corp., Delta Electronics Inc., Clary Corp., Belkin International Inc., AEG Power Solutions and ABB Ltd. are some of the prominent companies operating in the data center UPS market.
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