The market research report presents detailed segmentations of the distributed data grid market by power rating and industry. The report provides market shares and forecast for its key regions, including the APAC, Americas, and EMEA. Key findings also include an analysis of the leading vendors such as ABB, Ametek, Eaton, Emerson Electric, and Schneider.
Technavio provides an in-depth analysis of the UPS market, with the publication of its new report, global industrial UPS market 2015-2019 which is expected to grow at a CAGR of almost 11% between 2015 and 2019, observing rising power outages and growing demand for industrial power backups.
The need for power backup is a necessity for commercial and industrial setups, especially in the oil and gas, food processing, chemical, and healthcare industries. Unscheduled interruptions in power supply can result in loss of work and resources, affecting commercial and industrial users significantly. These factors are prompting the increased adoption of industrial UPS across the globe.
APAC dominates the global industrial UPS market, covering 36% of the market because of rapid industrialization and economic growth. Several Southeast Asian countries, such as Singapore, Malaysia, Thailand, and Indonesia, make up close to 40% of the industrial UPS demand, owing to increased investment in data centre activities.
Industrial UPS market in APAC 2014-2019 ($ billions)
Source: Technavio Resaerch
“Vendors are coming forth with cutting-edge technologies to meet the changing requirements of end-users, such as flywheels and transformerless designs. Transformerless UPS solutions provide high efficiency, incur low CAPEX and OPEX, and have a low carbon footprint, eventually dropping the MTBF and high service rates. Moreover, UPS manufacturers are adopting the flywheel technology to eradicate the use of lead-acid batteries. The UPS with flywheel technology has high power density and is energy-efficient and reliable,” says Navin Rajendra, Lead Analyst, Energy, Technavio Research.
The global industrial UPS market is highly fragmented by the presence of several international, regional, and local vendors. Some key international vendors dominating the market are ABB, Ametek, Eaton, Emerson Electric and Schneider Electric.
A more detailed analysis is available in the Technavio report, Global Industrial UPS Market 2015-2019. We can customize this reports by other regions and specific segments upon request.
https://www.technavio.com/%3Cp%3E%3Cstrong%3EOther%20Related%20Reports%3A…
