What Is the Future Outlook for the Data Center Uninterruptable Power Supply (UPS) Market’s Size and Growth Rate?
There has been robust growth in the size of the data center uninterruptable power supply (UPS) market in past years. The market, which is expected to expand from $6.79 billion in 2024 to $7.41 billion in 2025, is projected to have a compound annual growth rate (CAGR) of 9.2%. Factors such as heightened data center density and scale, a rise in edge computing, green and sustainability measures, boosts in efficiency and capacity, and growing demand for uptime have contributed to the growth experienced in the historic period.
The size of the data center uninterruptable power supply (UPS) market is predicted to show robust expansion in the upcoming years, with a projected worth of $10.42 billion in 2029, with a compound annual growth rate (CAGR) of 8.9%. The escalation in the forecast period is due to factors such as amplified data traffic, an expanding remote workforce, heightened costs of energy, virtualization and consolidation, and initiatives towards smart cities. Key trends during the projection period comprise integrated monitoring and management, grid interaction and energy storage, making use of the IoT (Internet of Things) technology, and heightened availability and fault tolerance.
What Factors Are Fueling Growth in the Data Center Uninterruptable Power Supply (UPS) Market?
The ascension of cloud computing is projected to accelerate the expansion of the data center uninterruptible power supply (UPS) market. Cloud computing, a sophisticated technology that facilitates users to access computing services and resources via the internet, promotes remote data storage, management, and processing instead of utilizing local servers or personal computers. The surge in cloud computing is attributable to its scalability, cost-effectiveness, and applicability in fostering remote work and digital progression. Data center UPS is indispensable in this context, providing continuous operation and protection against power interruptions, preserving data reliability, and reducing downtime for hosted services. For example, in December 2023, Europe’s intergovernmental organization, Eurostat, reported that about 45.2% of EU companies were leveraging cloud computing services primarily for email hosting, file storage, and diverse operational activities, marking a significant increase of 4.2% points from 2021. The most coveted services encompassed email hosting (82.7%), file storage (68.0%), office software (66.3%), security applications (61.0%), finance or accounting software (51.6%), and company database hosting (43.0%). Consequently, the surge in cloud computing is fuelling the growth of the data center uninterruptable power supply (UPS) market.
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Which Key Market Leaders Are Driving Data Center Uninterruptable Power Supply (UPS) Industry Growth?
Major companies operating in the data center uninterruptable power supply (UPS) market are Huawei Digital Power Technologies Co. Ltd., Mitsubishi Electric Corporation, Schneider Electric SE, ABB Ltd., Hewlett Packard Enterprise, Toshiba Corporation., Eaton Corporation, Emerson Electric Co., Delta Electronics Inc., KOHLER Uninterruptible Power Limited, Legrand S.A., Fuji Electric Co. Ltd., Vertiv Group Corp., LITE-ON Technology Corporation., SolarEdge Technologies Inc., Rittal Private Limited, Panduit Corporation, Piller UK Limited, Socomec Group, Kehua Hengsheng Co Ltd, Cyber Power Systems Inc., Hitachi Hi-Rel Power Electronics Private Limited, Borri S.p.A., Kstar New Energy Co Ltd, N1 Critical Technologies Inc.
What Are the Emerging Trends in the Data Center Uninterruptable Power Supply (UPS) Industry?
Leading corporations involved in the data center uninterruptible power supply (UPS) sector are concentrating on innovation and releasing sophisticated products like compact UPS for dependable power to vital operations and small data centers. A compact UPS is a diminutive, mobile device that serves as a power reserve to gadgets during power outages or instability, providing consistent operation and safeguarding against data damage or loss. For example, Eaton Corporation plc, an Irish company specializing in battery power management, announced the unveiling of their latest Eaton 93T UPS in December 2023. This compact system is engineered to guarantee continuity of power for critical environments like server rooms and small data centers, while also reducing the total cost of ownership. It aims to keep businesses working continuously without disruption. The Eaton 93T UPS has a power capacity between 15 kVA and 80 kVA, and it is fabricated to effortlessly align with Eaton’s Brightlayer digital solutions, boosting performance management capability. It is packed with innovative operational and management features that exploit data-driven insights for effective monitoring, management, and performance optimization.
What Are the Main Segments in the Data Center Uninterruptable Power Supply (UPS) Market?
The data center uninterruptable power supply (UPS) market covered in this report is segmented –
1) By Component Type: Solution, Services
2) By Battery Technology: Lithium-Ion, Flywheel, VRLA (Valve Regulated Lead-Acid)
3) By Capacity: Less Than Or Equal To 500 kVA, 500 kVA-1000 kVA, More Than 1000 kVA
4) By Data Center Size: Small Data Centers, Medium Data Centers, Large Data Centers
5) By End Use Vertical: Banking And Financial Services, Manufacturing, Information Technology, Energy, Healthcare, Government, Entertainment And Media, Other End Use Verticals
Subsegments:
1) By Solution: Ups Systems (Single-Phase, Three-Phase), Battery Systems, Power Distribution Units (Pdus), Energy Storage Systems, Control Systems And Management Software
2) By Services: Installation Services, Maintenance And Support Services, Consulting Services, Battery Replacement And Recycling Services
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Which Geographic Area Leads the Data Center Uninterruptable Power Supply (UPS) Market?
North America was the largest region in the data center uninterruptable power supply (UPS) market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data center uninterruptable power supply (UPS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Data Center Uninterruptable Power Supply (UPS) Global Market Report?
– Market Size Analysis: Analyze the Data Center Uninterruptable Power Supply (UPS) Market size by key regions, countries, product types, and applications.
– Market Segmentation Analysis: Identify various subsegments within the Data Center Uninterruptable Power Supply (UPS) Market for effective categorization.
– Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
– Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
– Market Contribution: Evaluate contributions of different segments to the overall Data Center Uninterruptable Power Supply (UPS) Market growth.
– Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
– Industry Challenges: Analyze challenges and risks affecting the Data Center Uninterruptable Power Supply (UPS) Market.
– Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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