Integration of Fly-Wheel Technology in Existing UPS to Drive the Uninterruptible Power Supply Market

Introduction

The uninterruptible power supply (UPS) market was valued at USD 11 billion in 2019 and is expected to grow with a CAGR of 4.0%.  The surging number of hyper-scale data centers, rapid urbanization, and increasing demand for energy-efficient UPS in high-end application drive the market growth. Additionally, advancement in fly-wheel technology is expected to be better prospects for market growth. Environmental concerns regarding disposing lead-acid batteries and replacing with Li-ion batteries and high maintenance costs hinder the market growth.

Key Highlights

• Emerson Electric, Schneider Electric, Mitsubishi Electric Corporation, Gamatronic Power, Toshiba Corporation, and APC held more than 65% of the market share in 2019
• The online UPS segment accounted for the highest market share of more than 60% in 2019. On the other hand, the line-interactive segment is expected to grow with a significant CAGR of 4.6%   
• The standalone/free-standing segment accounted for the largest market share in 2019. Whereas the rack-mounted segment is anticipated to exhibit the highest CAGR during the forecast period
• The 60.1–200 KVA segment accounted for a significant market share of 22% in 2019. On the other hand, the 20.1–60 KVA segment is projected to grow with a CAGR of 4.3%
• The data center segment accounted for the largest share of the pie, holding more than 35% of the market share in 2019
• The medical segment is expected to grow with the highest CAGR of 4.6%

Competitive Players

1. Schneider Electric SE
2. Toshiba Corporation
3. Emerson Electric Power
4. ABB Ltd
5. Mitsubishi Electric Corporation
6. Gamatronic Electronic Industries Ltd
7. Legrand
8. Delta Electronics Inc
9. AEG Power Solutions
10. Belkin International Inc.,
11. Shenzhen Kstar Science&Technology Co., Ltd
12. General Electric Company
13. Eaton Corporation
14. Socomec
15. Panduit Corporation
16. Clary Corporation
17. Vertiv Co.,
18. Hitachi Technologies Co., Ltd
19. Power Innovations International Inc
20. Xiamen Kehua Hengsheng Co., Ltd.
21. Intellipower Inc.

Recent Developments

• October 2022- Su-vastika, a solar company based in Gurugram, has introduced a lithium battery-based three-phase uninterruptible power supply (UPS) system that can be used as an alternative to polluting diesel generators (DGs) in a variety of settings, including residential and commercial buildings, schools, hospitals, and shopping malls. The UPS system has power ratings ranging from 10 kVA to 500 kVA and is equipped with bidirectional technology based on an insulated-gate bipolar transistor.
• May 2021- Vertiv, a global provider of critical digital infrastructure and continuity solutions, has introduced Vertiv Liebert EXM2, a three-phase monolithic uninterruptible power supply (UPS) with up to 97% double conversion efficiency, which climbs to 98.8% in dynamic online mode.

Segmentation

1. By Type
   1. Online
   2. Line-interactive
   3. Offline/standby
2. By Form Factor
   1. Freestanding/standalone
   2. Rack-mounted
3. By Power Rating
   1. Less than 5 KVA
   2. 1 – 20KVA
   3. 1–60 KVA
   4. 1–200 KVA
   5. Greater than 200KVA
4. By Component
   1. Rectifier
   2. Batteries 
   3. Inverter
   4. Static Bypass switch
   5. Capacitors
   6. Fans
   7. Others
5. By Application
   1. Data centers
   2. Industrial
   3. Medical
   4. IT and telecom
   5. Residential
   6. Commercial
   7. Industrial
   8. Marine
   9. Others