Report on Modular UPS Market Recent Developments and Technology 2030

The report titled Modular UPS Market: Opportunity Analysis and Future Assessment 2022-2030” freshly published by Reports & Insights has the primary objective to offer its clients outright in-depth and meticulous information about the respective market along with the thorough knowledge of the statistics oriented in the direction of development of the respective market. For a clearer picture of the readers, the report also offers comprehensive know-how of the market, conceptual structure, and prevailing trends of the market together with the detailed textual and graphical representation. In addition, the report also cites comprehensively about the key players competing in the market for the unfluctuating intrigue of its readers.

The global modular UPS market in 2022 is estimated for more than US$ 2.6 Bn and expected to reach a value of US$ 6.2 Bn by 2030 with a significant CAGR of 11.3%.

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Modular UPS Introduction

An uninterruptible power supply, also known as UPS, is an electrical device that provides reserve power backup in a condition when the main or input power source fails. It also maximizes the power supply capacity and minimizes the operational and maintenance cost at the same time. The world’s largest UPS is in Fairbanks, Alaska; the 46-megawatt battery electric storage system (BESS) possess the capability of supplying power to the entire city along with nearby rural community during outrageous. On the basis of the vertical segment, the IT and telecommunication sector dominate this market, owing to the increasing applications of UPS systems coupled with its benefits like reliability, portability of modules, and flexibility.

Modular UPS Market Dynamics

Factors like, simplified installations, growing number of new data centers and ease of deployment is boosting the growth of global UPS market.

Moreover, penetrating demand for co-location facility, the emergence of modular data centers coupled with low maintenance cost also increases the demand for uninterrupted power systems.

However, lack of awareness in the developing countries like China, India, and Brazil along with the increased risk of single point failure restrict the growth of this market globally.

The global modular UPS market is expected to increase at a significant CAGR over the forecast period owing to the integration of new models, adoption of highly scalable model an effective services. Additionally, the technical advancements and modernization of aging data centers are further elevating the need for modular UPS in the market.

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Modular UPS Market Segmentation

The global modular UPS market is segmented on the basis of technology, service, vertical, and region.

On the basis of technology, the global modular UPS market can be segmented into centralized parallel architecture technology and de-centralized parallel architecture technology. On the basis of service, the global modular UPS market can be segmented into professional service and integration service.  On the basis of vertical, the global modular UPS market can be segmented into healthcare, manufacturing, BFSI, public sector, transportation, IT & telecom, media & entertainment, retail and energy & utility.

Modular UPS Market Key Players

Global modular UPS market is mainly dominated by ABB Ltd., AEG Power Solutions, Delta Electronics, Inc., Eaton Corporation Plc, Emerson Electric Co., Gamatronic Electronic Industries Ltd., General Electric Co., Huawei Technologies Co. Ltd., Rittal GmbH & Co. KG and Schneider Electric SE.

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