How big is the uninterruptible power supply market in ?
These top companies collectively held over 55% of the market share in . The uninterruptible power supply market size exceeded USD 12.1 billion in and is expected to grow at a CAGR of 5.6% from to , driven by the rapid expansion of data centers fueled by cloud computing, AI workloads, and digital transformation efforts.
How is the uninterruptible power supply market segmented?
Based on distribution channel, the uninterruptible power supply market is segmented into direct sales and indirect sales. Indirect sales segment held around 60% of the market share and is expected to grow at an approximate rate of 5% from to .
What are the top 7 companies in the global uninterruptible power supply industry?
Top 7 companies of global uninterruptible power supply industry are Eaton, Huawei, Vertiv, Schneider Electric, Delta Electronics, Riello UPS, ABB, collectively hold more than 55% of the market in . Eaton is the prominent leader in power management and full range UPS solutions to critical infrastructure.
Which country has the largest uninterruptible power supply market?
U.S. accounted for over 75% share in North America uninterruptible power supply market, generating revenue of USD 3.6 billion in . The US has the biggest national market of UPS systems, which have been prompted by the presence of key technology firms and advanced data facility build-up.
Why do we need uninterrupted power supply?
The Uninterrupted power supply has become a high need as a result of real-time monitoring systems and IoT machine devices. The incorporation of energy storage is gaining significance consequent to the adoption of energy renewable energy.
What is the demand for a high durable UPS system?
The early age of the country in adopting cloud computing and digital transformation processes has generated significant demand of high durable UPS solutions. The industry has witnessed a high demand in the use of large-capacity UPS systems, advanced technology in monitoring (use of AI) and lithium-ion battery.
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