TechNavio recognizes the following companies as the key players in the Global Transformerless UPS Market: Eaton Corp., Emerson Electric Co., Newave Energy Holding SA, and Schneider Electric Co.
Commenting on the report, an analyst from TechNavio’s team said: “The demand for transformerless UPS systems among end-users has been increasing over the years due to their advantages over the traditional transformer-based UPS systems. Transformerless UPS solutions offer several advantages such as high efficiency, low capex, high returns on investment, low operating cost, less weight, and low carbon footprints. The demand for these solutions is increasing from the various end-users in the Commercial and Residential sectors. The overall cost of the transformerless UPS is another major reason for the increasing demand during the forecast period. Hence, the increasing demand and usage of transformerless UPS among the end-users will propel the growth of the Global Transformerless UPS market over the next few years.”
According to the report, one of the major drivers in this market is the low capital expenditure and installation cost of transformerless UPS systems. The elimination of transformers reduces the overall capital cost as well as the overall size and weight of the system. This in turn is propelling the growth of the Global Transformerless UPS market during the forecast period.
Further, the report states that one of the major challenges in this market is the high service and maintenance cost of a transformerless UPS. This is mainly because of the advanced battery management options, voltage options, and the configuration of control wires. The high cost involved in turn lowers the adoption and usage of transformerless UPS systems, thereby hampering the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-transformerless-ups-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/energy
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TechNavio Announces the Publication of its Research Report -Global Transformerless UPS Market 2014-2018
