Uninterruptible Power Supply (UPS) Market: Information by Type (Line Interactive), Form Factor (Rack Mounted), Power Rating, Application (Industrial), and Region — Forecast till 2029

May 18, 2020   Market Overview The rapid advancement of self-diagnostics features and adoption of modular UPS in data centers drive the market growth. Similarly, the emergence of fly-wheel technology as an alternative for power supply provides an impetus to the market growth. On the other hand, high maintenance cost restricts the market growth. The UPS systems are widely used in residential, industrial, and commercial sectors to provide uninterrupted data services. Globally, rapid digitalization and increasi...
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Report Description

Market Overview

The rapid advancement of self-diagnostics features and adoption of modular UPS in data centers drive the market growth. Similarly, the emergence of fly-wheel technology as an alternative for power supply provides an impetus to the market growth. On the other hand, high maintenance cost restricts the market growth.

The UPS systems are widely used in residential, industrial, and commercial sectors to provide uninterrupted data services. Globally, rapid digitalization and increasing adoption of connected infrastructure have compelled the enterprises to increase their data center capacity. Rising incidences of network latency are subsequently increasing the adoption of Fiber to the Home (FTTH) services and hyperscale data centers.  

The uninterruptible power supply (UPS) market was valued at USD 10.1 billion in 2019 and is expected to reach USD 16.2 billion by 2029, with a CAGR of 4.0%.

Uninterruptible-Power-Supply-Market

The emergence of Fly-Wheel Technology 

Fly-wheel is an advanced technology developed to provide power sources to the manufacturing and oil and gas industries in harsh environments. The technology offers high power efficiency to protect equipment with constant voltage fluctuations and clean power sources without compromising the environment.

Uninterruptible Power Supply (UPS) Market: Segmentation

Rising Application of Online UPS across Several Industrial Verticals Drive the Segment Growth

The online UPS segment accounted for the largest market share of more than 62% in 2019. Online UPS is extensively used across several industrial verticals for its two conversion stages of AC-DC and DC-AC. They are significantly used in critical power applications that include low power IT buildings, ATMs, vending machines, CCTV, small offices power protection, edge data centers, and small to medium-sized server rooms. Online UPS offers zero transfer time and higher power density compared to line-interactive UPS when switching to battery mode.  

Uninterruptible-Power-Supply-Market-By-TypeFree Standing Segment to Dominate the Market during the Forecast Period

The free-standing segment dominates the market as it offers longer battery life, which lasts up to 5–6 years compared to the limited battery life of rack-mounted, lasting 2–3 years.  Freestanding also offers higher efficiency and scalability up to 10KW and above, further driving its adoption across small-scale businesses.

Rising Number of Hyper-Scale Datacenters to Drive the Rack Mounted Segment Growth

The rack-mounted segment is expected to grow with a significant CAGR on account of the rising number of hyper-scale data centers and increasing demand for edge computing data centers by enterprises to deliver efficient content and services. Additionally, surging need to provide reduced network latency, coupled with high network bandwidth provide an impetus to the segment growth. The IT enterprises are emphasized on establishing small scale edge data centers in emerging economies such as India, Indonesia, and the Philippines, further driving the segment growth.

Surging Adoption of Modular UPS in Small Scale Businesses to Drive the Segment Growth

The 60.1–200 KVA segment held about 18% of the market share in 2019. The segment’s most prominent driver is the surging adoption of modular UPS in small scale businesses and the industrial sector. The 60–200KVA UPS protects critical equipment in a multitude of physical environments, such as power outages, surges, and spikes. It offers greater convenience in installation and maintenance, helping in long term business continuity. In 2018, ABB Ltd. launched Cyberex PowerBuilt Industrial UPS, single phase, with the capacity of 80kVA to support the continuing demand of energy from refining and petrochemical, oil and gas, and power generation sectors.

Uninterruptible-Power-Supply-Market-By-Power-RatingRegional Overview

Asia-Pacific to Hold A Quarter of Share in the Uninterruptible Power Supply Market  

Asia-Pacific accounted for the largest market share of 44% in 2019 and is expected to dominate the market during the forecast period. The regional market is largely driven by the lack of robust grid infrastructure, causing frequent power cuts and voltage fluctuations. An increasing number of small and mid-size outsourcing companies, coupled with the rising number of small scale data centers drive the regional market growth. Furthermore, the heavy use of electronic gadgets and appliances, such as mobile phones, laptops, smart TVs, and air conditioners, is subsequently rising the demand for backup power to prevent appliances from damage. The COVID-19 outbreak has compelled the governments in the region to build with advanced equipment, such as ventilators, further driving the demand for efficient UPS to prevent equipment failure during power outages.

Uninterruptible-Power-Supply-Market-By-RegionIncreasing Adoption of Connected Technologies to Drive Europe’s Uninterruptible Power Supply Market

Europe’s uninterruptible power supply market is projected to grow with the second-highest CAGR during the forecast period. The surging the number of data centers and increasing adoption of connected technologies generating huge volumes of datasets drive the regional market growth. As per the U.K.’s Office for National Statistics (ONS), in 2017, approximately 7.4% of autonomous machines have been employed by several industrial verticals to enhance productivity, further driving the adoption of UPS to protect equipment during power outages.

Innovative technologies such as the Internet of Things (IoT) and analytics platforms require high speed and frequency data centers, further driving the market growth. In 2018, the Medical University of Gdansk(MUG), the largest medical university in Northern Poland, partnered with BORRI S.p.A. to install UPS with the capacity of 600KVA and 160 KVA in the university’s data center to protect equipment against power failure.  

Key Players

  • Schneider Electric SE
  • Toshiba Corporation
  • Emerson Electric Power
  • ABB Ltd
  • Mitsubishi Electric Corporation
  • Gamatronic Electronic Industries Ltd
  • Legrand
  • Delta Electronics Inc
  • AEG Power Solutions
  • Belkin International Inc.,
  • Shenzhen Kstar Science&Technology Co., Ltd
  • General Electric Company
  • Eaton Corporation
  • Socomec
  • Panduit Corporation
  • Clary Corporation
  • Vertiv Co.,
  • Hitachi Technologies Co., Ltd
  • Power Innovations International Inc
  • Xiamen Kehua Hengsheng Co., Ltd.
  • Intellipower Inc.

Key Developments

  • In March 2019, Eaton Corp launched its 5P Rackmount lithium-ion uninterruptible power system (UPS) in North America to provide reliable back up power and increased security to the IT companies
  • In 2018, OJSC Sberbank implemented the Delta Electronics UPS system to manage all the ATMs in town. The bank also plans to increase the usable area of the client service zones, install self-service terminals, and introduce an electronic queuing system

Uninterruptible Power Supply Market Segmentation

By Type

  • Online
  • Line-interactive
  • Offline/standby

By Form Factor

  • Freestanding/standalone
  • Rack-mounted

By Power Rating

  • Less than 5 KVA
  • 1 – 20KVA
  • 1–60 KVA
  • 1–200 KVA
  • Greater than 200KVA

By Application

  • Data centers
  • Industrial
  • Medical
  • IT and telecom

Key Considerations in the Market Study

Uninterruptible-Power-Supply-Market-Segementation-1Key-Considerations-in-the-Uninterruptible-Power-Supply-Market-Study

Frequently Asked Questions (FAQs)

The uninterruptible power supply (UPS) market was valued at USD 10.1 billion in 2019 and is expected to reach USD 16.2 billion by 2029, with a CAGR of 4.0%.
Rapid digitalization and increasing adoption of connected infrastructure, an increasing the number of small and mid-size outsourcing companies are the key factors expected to drive Uninterruptible Power Supply Market during the forecast period.
The Asia Pacific is expected to hold the highest market share in Uninterruptible Power Supply Market.
Schneider Electric SE, Toshiba Corporation, Emerson Electric Power, ABB Ltd, Mitsubishi Electric Corporation, Legrand, Delta Electronics Inc., AEG Power Solutions are the top players in Uninterruptible Power Supply Market.
In 2019 Global Uninterruptible Power Supply Market was valued at USD 10.1 billion.
Free Standing Segment is expected to be the leading segment in Uninterruptible Power Supply Market during the forecast period.
Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available at all times and included in every purchase.
We will send you an email with login credentials to access the report. You will also be able to download the pdf.
Basically choose Pay by Purchase Order when you are checking out. We will connect with you via email to set up your order.

Market Overview

The rapid advancement of self-diagnostics features and adoption of modular UPS in data centers drive the market growth. Similarly, the emergence of fly-wheel technology as an alternative for power supply provides an impetus to the market growth. On the other hand, high maintenance cost restricts the market growth.

The UPS systems are widely used in residential, industrial, and commercial sectors to provide uninterrupted data services. Globally, rapid digitalization and increasing adoption of connected infrastructure have compelled the enterprises to increase their data center capacity. Rising incidences of network latency are subsequently increasing the adoption of Fiber to the Home (FTTH) services and hyperscale data centers.  

The uninterruptible power supply (UPS) market was valued at USD 10.1 billion in 2019 and is expected to reach USD 16.2 billion by 2029, with a CAGR of 4.0%.

Uninterruptible-Power-Supply-Market

The emergence of Fly-Wheel Technology 

Fly-wheel is an advanced technology developed to provide power sources to the manufacturing and oil and gas industries in harsh environments. The technology offers high power efficiency to protect equipment with constant voltage fluctuations and clean power sources without compromising the environment.

Uninterruptible Power Supply (UPS) Market: Segmentation

Rising Application of Online UPS across Several Industrial Verticals Drive the Segment Growth

The online UPS segment accounted for the largest market share of more than 62% in 2019. Online UPS is extensively used across several industrial verticals for its two conversion stages of AC-DC and DC-AC. They are significantly used in critical power applications that include low power IT buildings, ATMs, vending machines, CCTV, small offices power protection, edge data centers, and small to medium-sized server rooms. Online UPS offers zero transfer time and higher power density compared to line-interactive UPS when switching to battery mode.  

Uninterruptible-Power-Supply-Market-By-TypeFree Standing Segment to Dominate the Market during the Forecast Period

The free-standing segment dominates the market as it offers longer battery life, which lasts up to 5–6 years compared to the limited battery life of rack-mounted, lasting 2–3 years.  Freestanding also offers higher efficiency and scalability up to 10KW and above, further driving its adoption across small-scale businesses.

Rising Number of Hyper-Scale Datacenters to Drive the Rack Mounted Segment Growth

The rack-mounted segment is expected to grow with a significant CAGR on account of the rising number of hyper-scale data centers and increasing demand for edge computing data centers by enterprises to deliver efficient content and services. Additionally, surging need to provide reduced network latency, coupled with high network bandwidth provide an impetus to the segment growth. The IT enterprises are emphasized on establishing small scale edge data centers in emerging economies such as India, Indonesia, and the Philippines, further driving the segment growth.

Surging Adoption of Modular UPS in Small Scale Businesses to Drive the Segment Growth

The 60.1–200 KVA segment held about 18% of the market share in 2019. The segment’s most prominent driver is the surging adoption of modular UPS in small scale businesses and the industrial sector. The 60–200KVA UPS protects critical equipment in a multitude of physical environments, such as power outages, surges, and spikes. It offers greater convenience in installation and maintenance, helping in long term business continuity. In 2018, ABB Ltd. launched Cyberex PowerBuilt Industrial UPS, single phase, with the capacity of 80kVA to support the continuing demand of energy from refining and petrochemical, oil and gas, and power generation sectors.

Uninterruptible-Power-Supply-Market-By-Power-RatingRegional Overview

Asia-Pacific to Hold A Quarter of Share in the Uninterruptible Power Supply Market  

Asia-Pacific accounted for the largest market share of 44% in 2019 and is expected to dominate the market during the forecast period. The regional market is largely driven by the lack of robust grid infrastructure, causing frequent power cuts and voltage fluctuations. An increasing number of small and mid-size outsourcing companies, coupled with the rising number of small scale data centers drive the regional market growth. Furthermore, the heavy use of electronic gadgets and appliances, such as mobile phones, laptops, smart TVs, and air conditioners, is subsequently rising the demand for backup power to prevent appliances from damage. The COVID-19 outbreak has compelled the governments in the region to build with advanced equipment, such as ventilators, further driving the demand for efficient UPS to prevent equipment failure during power outages.

Uninterruptible-Power-Supply-Market-By-RegionIncreasing Adoption of Connected Technologies to Drive Europe’s Uninterruptible Power Supply Market

Europe’s uninterruptible power supply market is projected to grow with the second-highest CAGR during the forecast period. The surging the number of data centers and increasing adoption of connected technologies generating huge volumes of datasets drive the regional market growth. As per the U.K.’s Office for National Statistics (ONS), in 2017, approximately 7.4% of autonomous machines have been employed by several industrial verticals to enhance productivity, further driving the adoption of UPS to protect equipment during power outages.

Innovative technologies such as the Internet of Things (IoT) and analytics platforms require high speed and frequency data centers, further driving the market growth. In 2018, the Medical University of Gdansk(MUG), the largest medical university in Northern Poland, partnered with BORRI S.p.A. to install UPS with the capacity of 600KVA and 160 KVA in the university’s data center to protect equipment against power failure.  

Key Players

  • Schneider Electric SE
  • Toshiba Corporation
  • Emerson Electric Power
  • ABB Ltd
  • Mitsubishi Electric Corporation
  • Gamatronic Electronic Industries Ltd
  • Legrand
  • Delta Electronics Inc
  • AEG Power Solutions
  • Belkin International Inc.,
  • Shenzhen Kstar Science&Technology Co., Ltd
  • General Electric Company
  • Eaton Corporation
  • Socomec
  • Panduit Corporation
  • Clary Corporation
  • Vertiv Co.,
  • Hitachi Technologies Co., Ltd
  • Power Innovations International Inc
  • Xiamen Kehua Hengsheng Co., Ltd.
  • Intellipower Inc.

Key Developments

  • In March 2019, Eaton Corp launched its 5P Rackmount lithium-ion uninterruptible power system (UPS) in North America to provide reliable back up power and increased security to the IT companies
  • In 2018, OJSC Sberbank implemented the Delta Electronics UPS system to manage all the ATMs in town. The bank also plans to increase the usable area of the client service zones, install self-service terminals, and introduce an electronic queuing system

Uninterruptible Power Supply Market Segmentation

By Type

  • Online
  • Line-interactive
  • Offline/standby

By Form Factor

  • Freestanding/standalone
  • Rack-mounted

By Power Rating

  • Less than 5 KVA
  • 1 – 20KVA
  • 1–60 KVA
  • 1–200 KVA
  • Greater than 200KVA

By Application

  • Data centers
  • Industrial
  • Medical
  • IT and telecom

Key Considerations in the Market Study

Uninterruptible-Power-Supply-Market-Segementation-1Key-Considerations-in-the-Uninterruptible-Power-Supply-Market-Study

Frequently Asked Questions (FAQs)

The uninterruptible power supply (UPS) market was valued at USD 10.1 billion in 2019 and is expected to reach USD 16.2 billion by 2029, with a CAGR of 4.0%.
Rapid digitalization and increasing adoption of connected infrastructure, an increasing the number of small and mid-size outsourcing companies are the key factors expected to drive Uninterruptible Power Supply Market during the forecast period.
The Asia Pacific is expected to hold the highest market share in Uninterruptible Power Supply Market.
Schneider Electric SE, Toshiba Corporation, Emerson Electric Power, ABB Ltd, Mitsubishi Electric Corporation, Legrand, Delta Electronics Inc., AEG Power Solutions are the top players in Uninterruptible Power Supply Market.
In 2019 Global Uninterruptible Power Supply Market was valued at USD 10.1 billion.
Free Standing Segment is expected to be the leading segment in Uninterruptible Power Supply Market during the forecast period.
Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available at all times and included in every purchase.
We will send you an email with login credentials to access the report. You will also be able to download the pdf.
Basically choose Pay by Purchase Order when you are checking out. We will connect with you via email to set up your order.