According to a new market research report published by Credence Research, “Data Center UPS Market (By Technology (Dual Conversion/On-line, Standby, Line-interactive, and Others), By Form Factor (Centralized UPS, Distributed UPS, and Others (Hybrid/Modular UPS, etc.)), By End-use (IT & Telecom, BFSI, Healthcare, Energy, Government, Media & Entertainment, and Others (Education, etc.)) – Growth, Future Prospects, and Competitive Landscape, 2018 -2026”, the global data center UPS market was valued at US$ 3.45 Bn in 2017 and expected to expand at a CAGR of 7.5% during the forecast period from 2018 to 2026.
Market & Product Insights
UPS (Uninterruptible Power Supply) is an electrical system that provides emergency power to data center infrastructure during power outages. Although on-battery run-time of UPS systems is relatively short, it is sufficient to power the infrastructure till a standby power source starts and capable of shutting down the protected equipment properly. UPS systems not only protects hardware infrastructure from improper power surges, but also prevents data loss. Thus, in the absence of power back-up solutions, power outages may lead to system downtimes, system damage, and have serious other implications on business costs.
Today, with the advent of digitalization, business organizations across different industry verticals are compelled to have large data storage capacities and facilities to manage enormous volumes of data. Embracing digitalization for transforming existing business processes to connected ones will drive demand for IoT solutions in the coming years, thereby creating immense need for larger data storage space. Increase in demand for data centers will consequently drive demand for data center power infrastructure during the forecast period from 2018 to 2026.
Emerging markets including India and China are witnessing a gradual transformation of their IT infrastructure on the back of virtualization. Steep rise in the bandwidths offered by ISPs has led to the explosion of data consumption including streaming services, voluminous video content, and big data generation in these countries. In developed economies, demand for data center UPS systems will remain steady throughout the forecast period. Rising occurrences of power outages and blackouts will support demand for reliable power back-up solutions in North America. For instance, the region is experiencing rise in the number of hydrological, geophysical, and meteorological disasters over the last few years, leading to power outages and blackouts. Similar incident of British Airways IT failure due power surge led to delay of flights with hundreds of passengers stranded at the London Heathrow airport. All these factors are collectively driving demand for data centers and associated power back-up systems worldwide.
Browse the full Data Center UPS Market (By Technology (Dual Conversion/On-line, Standby, Line-interactive, and Others), By Form Factor (Centralized UPS, Distributed UPS, and Others (Hybrid/Modular UPS, etc.)), By End-use (IT & Telecom, BFSI, Healthcare, Energy, Government, Media & Entertainment, and Others (Education, etc.)), By Geography (North America, Europe, Asia Pacific, and Rest of the World)) – Growth, Future Prospects, and Competitive Landscape, 2018 -2026 report at https://www.credenceresearch.com/report/data-center-ups-market
Some of the leading manufacturers profiled in the study include ABB Ltd., Schneider Electric S.A., Delta Electronics Inc., Fuji Electric, Tripp Lite, Legrand S.A., Riello, Mitsubishi Electric, General Electric Company, Vertiv, Ametek Inc., Eaton Corporation Plc, Controlled Power Company, Emerson Network Power, IntelliPower, Belkin International, and Toshiba Corporation among others