Over the past few years, the world has been witnessing the rise in numerous manufacturing and processing industries that induce a high-end need for power consumption. Additionally, the rising adoption of automation in industrial as well as residential sectors entails a substantial need for energy conservation and uninterrupted power supply to keep the production ceaseless. Thus, these conditions point at a long-standing imperative for industries to utilize UPS systems (Uninterruptible Power Supply)– systems that provide protection from power surges. The UPS System contains a battery that kick-starts when the device senses a loss of power.
Industrial applications including UPS systems in wind power plants, solar photovoltaics (PV), telecom towers and other end-users such as data centers as well as power utilities are driving the global UPS battery market. Technavio analysts forecast the global UPS battery market to reach above $8 billion at an impressive CAGR over the forecast period from 2017 to 2021.
The Major Breakdown: Challenges in Global UPS Battery Market
Batteries are a low-tech component that supports data center infrastructure during unplanned outages. In contrast to that, they often act as a root cause for outages in many data centers. Inconsistent ambient temperatures, overcharging, and frequent discharge cycles, loose cable connections, and strained battery terminals are the factors that result in battery failure. These factors shorten the actual span of life of the UPS batteries.
In most of the developing countries, the most raising concern is the absence of technical expertise to comprehend the overall capacity requirement of infrastructure in terms of UPS and battery set up. Poor design stemming from the lack of technical expertise can result in data center power outages owing to improper cabling and inappropriate use and maintenance of infrastructure. Thus, the proper evaluation of the operations and infrastructure is essential, as it will aid in designing new facilities with better UPS systems design with redundant links.
There are essentially two categories of batteries that are widely depleted in UPS systems such as Li-ion batteries and lead-acid batteries. Lead-acid batteries are prevalent in UPS applications owing to their advantages including compatibility, high energy density, cost, and the capability to supply high voltage when compared with other rechargeable batteries. However, as batteries comprise an excessive volume of lead oxide toxins, they are harmful to the environment. Once lead-acid batteries stop yielding efficiency, they eventually become unusable and are considered as hazardous waste.
Prominent Vendors in the Global UPS battery Market
- Amara Raja Power Systems
- East Penn Manufacturing
- Eaton
- EnerSys
- Exide Technologies dominate the global UPS battery market.
The Technavio Advantage:
Technavio, the premier market research company has put together a comprehensive research study to provide detailed insights on the market to firms in the associated industry. The report contains a detailed analysis of key trends, challenges, vendors and other aspects to help firms in the Global UPS Battery Market.
