As the global economy recovers in 2021 and the supply of the industrial chain improves, the uninterruptible power supply (UPS) market will undergo major changes. The uninterruptible power supply (UPS) market is expected to register a CAGR of 4.44% during the forecast period, reaching the value of USD USD 13.42 billion in 2027 from USD 10 billion in 2020. The COVID-19 pandemic impacted various industries, including the uninterruptible power supply market. The outbreak impacted the sales and operations of many UPS manufacturers, causing them to shut down their manufacturing plants. There has been a ban on exports by Asia-Pacific countries, due to which a few market players globally are facing disruptions in the supply chain. The rising trend of IoT and smart buildings, a growing number of data centers worldwide, the growing trend of virtualization and cloud computing, and the growing adoption of multi-cloud and network upgrades are expected to drive the UPS market globally during the forecast period. Also, a significant demand surge for reliable power solutions that can support large-scale manufacturing facilities is expected to drive the UPS market. However, the high cost of online UPS and a few limitations of UPS for protecting heavy appliances from power failure may negatively impact the markets growth.

The global uninterruptible power supply (UPS) industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.

The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global uninterruptible power supply (UPS) market during the next few years. The global uninterruptible power supply (UPS) market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.

Highlights-Regions

The uninterruptible power supply (UPS) market can be split based on product types, major applications, and important regions as follows:

North America
Europe
Asia Pacific
Latin America

Player list
Emerson Electric Co.
ABB Ltd
Schneider Electric SE
Riello Elettronica SpA
EATON Corporation PLC

Types list
Less than 10 kVA
10-100 kVA
Above 100 kVA

Application list
Data Centers
Telecommunications
Healthcare (Hospitals, Clinics, Etc.)
Industrial
Other Applications