The uninterrupted power supply market size is expected to reach US$ 17.52 billion by 2031 from 10.82 billion in 2023, at an estimated CAGR of 6.2% from 2023 to 2031.
The scope of the uninterrupted power supply market report is primarily divided into North America (US, Canada, and Mexico), Europe (Spain, UK, Germany, France, Italy, and Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America). North America had a significant growth rate in the year 2023. North America is an industrially and economically advanced region. The region has established a significant number of data centers, which is expected to grow in the coming years. For instance, in 2023, Microsoft announced its plan to invest US$ 500 million in developing a hyperscale cloud computing and AI infrastructure in Quebec. The investment was made to fulfill the goal of strengthening the region's innovation economy, creating high-value jobs, and preparing the province for the future AI economy. In 2024, Amazon subsidiary AWS announced its plan to invest US$ 5 billion to establish multiple data centers in Mexico to cater to the growing demand for cloud computing services. According to Reuters, Ruben Mugartegui, the CEO of AWS Mexico, stated that the new data centers will be established in the Mexican state of Queretaro. Mugartegui also stated that the company has been working on the project for more than five years and intends to divide the investment over a period of 15 years. Also, the rise in investment in smart grids in the region contributes to the increased demand for uninterrupted power supply. In 2023, the Department of Energy announced US$ 3.5 billion in grants to increase wind and solar power capacity, fortify power lines against extreme weather, integrate batteries and electric vehicles, and develop microgrids to keep lights operational during power outages. The report highlighted 58 projects in 44 states in the US as eligible for federal financing. The investment amount will reach more than US$ 8 billion with funding from state and local governments, utilities, and industry partners. This government initiative will drive the market growth in the region.
The Uninterrupted Power Supply market analysis has been carried out by considering the following segments: type, rating, and end user.
Based on rating, the Uninterrupted Power Supply market share is segmented into up to 50 kVA, between 50 and 100 kVA, and above 100 kVA. This type of uninterruptible power supply system has a maximum capacity of 50 kVA. The up to 50 kVA UPS is connected between the mains and critical loads to supply high-quality power to the loads. The 20 kVA UPS with an insulated-gate bipolar transistor (IGBT)technology provides battery backup and AC power protection against power disturbances. Whether for a medical facility, a large data center, or an educational institution, the efficiency provided by these low-frequency, uninterruptible power supply systems can play a fundamental role in any low-maintenance, ten-year power solution. An uninterruptible power supply of up to 50 kVA is compatible with lithium-ion UPS batteries, which are 40% smaller than valve regulated lead-acid (VRLA) batteries and have twice the lifespan, saving money on extra square footage and battery replacement costs for battery cabinets. These systems are mostly used in small offices, network closets, and point-of-sale systems.
Moreover, factors such as the increase in requirement for UPS in smart buildings propel the uninterrupted power supply market growth. Also, smart UPS systems are expected to bring new uninterrupted power supply market trends in the coming years.
Based on end user, the market is segmented into data centers, telecom, healthcare, industrial, and others. Uninterrupted power supply (UPS) systems are widely used in data centers. Large data centers' UPS safeguard critical equipment throughout the whole facility. Their dual bus capabilities and redundant configurations ensure that the vital systems will continue to function even in the event of power outages caused by noise interference, brownouts, sags, surges, or blackouts. A fully redundant power and control system that is sized to meet the capacity of the protected equipment can be configured modularly with these UPS systems. Capacity may be readily extended without expanding the system footprint when power requirements vary. Several systems can be configured to scale from 15 to 45 kW with internal batteries in a cabinet layout or from 15 to 90 kW in 15 kW steps when a cabinet is reserved for capacity and linked with an external battery cabinet. Such UPS systems are widely used in data centers.
Schneider Electric, Emerson Electric Co., Toshiba Corporation, ABB Ltd, Eaton Corporation PLC, Mitsubishi Electric Corporation, Cyber Power Systems (USA), Inc., Delta Electronics, Inc., Legrand, Kehua Tech, Riello UPS, and S&C Electric Company are among the key players profiled in the Uninterrupted Power Supply market report.
The uninterrupted power supply market forecast is estimated on the basis of various secondary and primary research findings, such as key company publications, association data, and databases. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Uninterrupted Power Supply market growth. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the uninterrupted power supply market.
The scope of the uninterrupted power supply market report is primarily divided into North America (US, Canada, and Mexico), Europe (Spain, UK, Germany, France, Italy, and Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America). North America had a significant growth rate in the year 2023. North America is an industrially and economically advanced region. The region has established a significant number of data centers, which is expected to grow in the coming years. For instance, in 2023, Microsoft announced its plan to invest US$ 500 million in developing a hyperscale cloud computing and AI infrastructure in Quebec. The investment was made to fulfill the goal of strengthening the region's innovation economy, creating high-value jobs, and preparing the province for the future AI economy. In 2024, Amazon subsidiary AWS announced its plan to invest US$ 5 billion to establish multiple data centers in Mexico to cater to the growing demand for cloud computing services. According to Reuters, Ruben Mugartegui, the CEO of AWS Mexico, stated that the new data centers will be established in the Mexican state of Queretaro. Mugartegui also stated that the company has been working on the project for more than five years and intends to divide the investment over a period of 15 years. Also, the rise in investment in smart grids in the region contributes to the increased demand for uninterrupted power supply. In 2023, the Department of Energy announced US$ 3.5 billion in grants to increase wind and solar power capacity, fortify power lines against extreme weather, integrate batteries and electric vehicles, and develop microgrids to keep lights operational during power outages. The report highlighted 58 projects in 44 states in the US as eligible for federal financing. The investment amount will reach more than US$ 8 billion with funding from state and local governments, utilities, and industry partners. This government initiative will drive the market growth in the region.
The Uninterrupted Power Supply market analysis has been carried out by considering the following segments: type, rating, and end user.
Based on rating, the Uninterrupted Power Supply market share is segmented into up to 50 kVA, between 50 and 100 kVA, and above 100 kVA. This type of uninterruptible power supply system has a maximum capacity of 50 kVA. The up to 50 kVA UPS is connected between the mains and critical loads to supply high-quality power to the loads. The 20 kVA UPS with an insulated-gate bipolar transistor (IGBT)technology provides battery backup and AC power protection against power disturbances. Whether for a medical facility, a large data center, or an educational institution, the efficiency provided by these low-frequency, uninterruptible power supply systems can play a fundamental role in any low-maintenance, ten-year power solution. An uninterruptible power supply of up to 50 kVA is compatible with lithium-ion UPS batteries, which are 40% smaller than valve regulated lead-acid (VRLA) batteries and have twice the lifespan, saving money on extra square footage and battery replacement costs for battery cabinets. These systems are mostly used in small offices, network closets, and point-of-sale systems.
Moreover, factors such as the increase in requirement for UPS in smart buildings propel the uninterrupted power supply market growth. Also, smart UPS systems are expected to bring new uninterrupted power supply market trends in the coming years.
Based on end user, the market is segmented into data centers, telecom, healthcare, industrial, and others. Uninterrupted power supply (UPS) systems are widely used in data centers. Large data centers' UPS safeguard critical equipment throughout the whole facility. Their dual bus capabilities and redundant configurations ensure that the vital systems will continue to function even in the event of power outages caused by noise interference, brownouts, sags, surges, or blackouts. A fully redundant power and control system that is sized to meet the capacity of the protected equipment can be configured modularly with these UPS systems. Capacity may be readily extended without expanding the system footprint when power requirements vary. Several systems can be configured to scale from 15 to 45 kW with internal batteries in a cabinet layout or from 15 to 90 kW in 15 kW steps when a cabinet is reserved for capacity and linked with an external battery cabinet. Such UPS systems are widely used in data centers.
Schneider Electric, Emerson Electric Co., Toshiba Corporation, ABB Ltd, Eaton Corporation PLC, Mitsubishi Electric Corporation, Cyber Power Systems (USA), Inc., Delta Electronics, Inc., Legrand, Kehua Tech, Riello UPS, and S&C Electric Company are among the key players profiled in the Uninterrupted Power Supply market report.
The uninterrupted power supply market forecast is estimated on the basis of various secondary and primary research findings, such as key company publications, association data, and databases. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Uninterrupted Power Supply market growth. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the uninterrupted power supply market.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Uninterrupted Power Supply Market Landscape
5. Uninterrupted Power Supply Market - Key Market Dynamics
6. Uninterrupted Power Supply Market - Global Market Analysis
7. Uninterrupted Power Supply Market Analysis - by Type
8. Uninterrupted Power Supply Market Analysis - by Rating
9. Uninterrupted Power Supply Market Analysis - by End User
10. Uninterrupted Power Supply Market - Geographical Analysis
11. Competitive Landscape
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned
- Schneider Electric SE
- ABB Ltd
- Toshiba Corp
- Cyber Power Systems (USA) Inc
- Eaton Corp Plc
- Emerson Electric Co
- Delta Electronics Inc
- Legrand SA
- Mitsubishi Electric Corp
- Kehua Data Co Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 174 |
Published | June 2024 |
Forecast Period | 2023 - 2031 |
Estimated Market Value ( USD | $ 10.82 Billion |
Forecasted Market Value ( USD | $ 17.52 Billion |
Compound Annual Growth Rate | 6.2% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |