The Standby UPS System Market is primarily driven by the growing reliance on digital infrastructure and the increasing frequency of power outages.
According to TechSci Research report, “Global Standby UPS System Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”. The Global Standby UPS System is anticipated to project robust growth in the forecast period with a CAGR of 11.28% through 2028. an Global Standby UPS System Market is an electrical device that provides backup power to connected equipment in the event of a power outage or voltage fluctuations. It acts as an intermediary between the main power source and the equipment, ensuring a continuous and stable power supply. UPS systems typically incorporate a battery that stores electrical energy and automatically switches to battery power when it detects a loss or disturbance in the main power.
UPS units are widely used in various applications, such as data centers, hospitals, telecommunications, and home electronics, to safeguard against power interruptions and protect sensitive equipment from damage. The drivers of the Global Standby UPS System Market include the increasing demand for reliable and Standby UPS System, the rising adoption of cloud-based services, and the growing use of electronic devices in various sectors.
The need for protecting sensitive equipment and preventing data loss due to power disruptions is also driving the demand for UPS systems. Furthermore, the growth of e-commerce and the expanding data center industry are fueling the demand for UPS units. Additionally, the increasing use of renewable energy sources and the need for energy-efficient solutions are creating opportunities for the development of advanced and eco-friendly UPS systems. The restraints of the Global Standby UPS System Market include the high initial cost of UPS systems, which can deter price-sensitive customers.
Additionally, the limited battery life and the need for periodic battery replacements can add to the maintenance cost. UPS units also have a limited power capacity, which may not be sufficient for high-power demanding applications. Moreover, the increasing adoption of virtualization and cloud computing technologies is reducing the physical infrastructure requirements, thereby affecting the demand for UPS systems in certain applications.
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On the basis of product, the Global Standby UPS System Market is segmented into online/ double conversion, line-interactive, and offline/ standby. The online/double conversion segment is dominating with the largest market share in 2022. This can be attributed to several factors. Online/double conversion UPS systems provide the highest level of power protection by continuously converting AC power to DC and then back to AC, ensuring a consistent and clean power supply.
These UPS systems offer seamless protection against power outages, voltage fluctuations, and electrical disturbances. They are extensively used in critical applications such as data centers, healthcare, and industrial sectors that require reliable and continuous power supply solutions. The increasing demand for power backup solutions and the growing reliance on digital infrastructure has fostered the dominance of the online/double conversion segment in the market.
Based on capacity, the Global Standby UPS System Market is segmented into up to 50 kVA, 51-200 kVA, and above 200 kVA. Out of this, the 51-200 kVA is dominating the market with the largest market share in 2022, due to the growing demand for UPS systems in medium to large-scale applications that require higher power capacities. Industries such as data centers, manufacturing, telecommunications, and healthcare often rely on UPS systems within this power range to ensure Standby UPS System for their critical operations. The 51-200 kVA segment offers a balance between power capacity, efficiency, and cost-effectiveness, making it a popular choice among customers and contributing to its dominant position in the market.
Key market players in the Global Standby UPS System Market are following:-
- Emerson Electric Co.
- ABB Ltd
- Schneider Electric SE
- Riello Elettronica SpA
- EATON Corporation PLC
- Toshiba Corporation
- Xiamen Kehua Hengsheng Co. Ltd.
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“The growing demand for consumer electronics across the globe is one of the major drivers for standby UPS systems compared to other UPS systems, as the standby UPS system is the most preferred option for consumer electronics as it is the most economical option for devices with low power consumption. Due to the COVID-19 pandemic, the demand for desktop computers increased as people were forced to work from home.
For instance, according to the International Data Center (IDC), the global shipment of desktops totaled in the fourth quarter of 2022 to about 17.98 million units compared to the fourth quarter previous year, which was just about 23.37 million. Desktop personal computers face challenges from mobile devices such as laptops and desktops, which is led to an overall decline in sales; however, in the future, it is expected to increase as more professionals work from home..” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
Standby UPS System Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented, By Capacity (Less than 10 kVA, 10-100 kVA, and Above 100 kVA), By Application (Data Centers, Telecommunications, Healthcare (Hospitals, Clinics, etc.), Industrial, and Other Applications), By Region, Competition 2018-2028. has evaluated the future growth potential of Global Standby UPS System Market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the Global Standby UPS System Market.
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