The recent research, Modular UPS market enables stakeholders, field marketing executives and business owners get one step ahead by giving them a better understanding of their immediate competitors for the forecast period, 2019 to 2026. Most importantly, the study empowers product owners to recognize the primary market they are expected to serve. To help companies and individuals operating in the Modular UPS market ensure they have access to commensurate resources in a particular location the research, assess the size that they can realistically target and tap.
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The global modular UPS market is expected to reach USD 4.43 Billion by 2026, according to a new report by Reports and Data. The modular UPS allows flexible adaption of the UPS power based on power requirements.
The scalability of modular UPS is driving the growth of the market. A scalable data center gets immense advantages from the implementation of modular UPS system topology as it improves electrical efficiency by offering scalability options. Enterprises across several sectors become progressively dependent on UPS systems to get uninterrupted and protected power for their data resources. Instead of a single fixed installation, UPSs become better cost and energy-efficient systems by aggregations of smaller modules operating together in parallel. These can effortlessly be incrementally scaled to exact power requirements.
Key participants include ArcelorMittal SA, Nippon Steel & Sumitomo Metal Corporation, Tenaris S.A., JFE Steel Corporation, IPP Europe Ltd., Vallourec AG, Cimco Europe, Zaffertec S.L., Techint Group SpA, and Wheatland Tube Company among others.
Power Rating Outlook (Revenue, USD Million; 2016-2026)
- 0-50 KVA
- 51-100 KVA
- 101-300 KVA
- >300 KVA
Organization Size Outlook (Revenue, USD Million; 2016-2026)
- Small & Medium-Sized Enterprises
- Large Enterprises
Application Outlook (Revenue, USD Million; 2016-2026)
- Centralized Power Protection Solution
- Distributed Power Protection Solution
Industry Vertical Outlook (Revenue, USD Million; 2016-2026)
- BFSI
- IT & Telecommunications
- Energy & Utilities
- Government & Public Sector
- Healthcare
- Manufacturing
- Others
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The report charts the future of the Modular UPS market for the forecast period, 2019 to 2026. The perfect balance of information on various topics including the sudden upswing in spending power, end-use, distribution channels and others add great value to this literature. A collaboration of charts, graphics images and tables offers more clarity on the overall study. Researchers behind the report explore why customers are purchasing products and services from immediate competitors.
Further key findings from the report suggest
- By power rating, 51-100 KVA contributed to the largest market share in 2018 and is expected to grow at a rate of 10.6% in the forecast period. The market dominance of 51-100 KVS modular UPS may be attributed to the increasing demand from IoT devices owing to offering of hassle-free installation, enhanced usability, easy maintenance, on-demand capacity expansion, and better efficiency.
- By organization sizes, large enterprises dominated the market in 2018 and are likely to witness a growth rate of 10.3% in the forecast period. The modular UPS provides better scalability, flexibility, and reliability to keep their systems operational in the event of an accident.
- By application, a centralized power protection solution held a larger market share in the year 2018.
- By industry vertical, healthcare industry is projected to grow at a significant rate of 11.6% in the forecast period, owing to the use of medical devices ranging from ventilators to MRIs, hematology systems to diagnostic instruments, gas analyzers to centrifuges, and data centers, among others, that require uninterrupted and reliable power supply for their operation.
- North America dominated the market in 2018 and is estimated to have a CAGR of 10.4% in the forecast period, due to the increasing demand for growing technological advancements and data center applications in the region.
Regional Outlook (Revenue, USD Million; 2016-2026)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/modular-ups-market
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