Modular UPS Market Research Report- Global Forecast 2027

Modular UPS Market, By Component (Solution, Services) and By Vertical (BFSI, Healthcare, Manufacturing, IT & Telecommunication, Media & Entertainment, Defense, Data Centers) - Forecast 2027

ID: MRFR/SEM/2749-HCR | February 2021 | Region: Global | 100 pages

Market Overview:
To avoid the burden, modular UPS is used for providing additional power as and when required by the system. It will result in more reliability and efficient use of data centers along with increased battery life and flexible modularity. Recently with the advancement of technology, most of the major giants like Riello Electronic Group and ABB Group are spending a huge sum of money in the modular US market owing to an increase in the education industry, corporate industry, healthcare, and many more.


Moreover, the modular UPS is expected to grow at a higher CAGR of 10.53% to account for a higher market share of approximately USD 6.71 billion during the forecasted period in the global market.


COVID 19 Analysis:
With the growing outbreak of the global pandemic of COVID 19 businesses have suffered huge losses which have pushed the economies towards forced recession. The growing wave of the global pandemic has suffocated the individual to fight between the financial crises along with health concerns. The situation of lockdown has resulted in shut down of most of the manufacturing units which leads to a steep downfall in the sales revenue of the modular UPS market all across the globe. The supply chain networks have also been disrupted which results in reduced profit margin.


However, it is expected that the modular UPS anlysis will recover from this global pandemic of COVID 19 by strategizing properly to meet the requirements of their customers. Also, it is expected to recover at the end of the third quarter in the coming year.


Market Dynamics
Drivers:
The demand for modular UPS industry is increasing constantly in the global market owing to increasing demand by various verticals like telecom, healthcare, energy and utilities, BFSI, cloud service and colocation providers, and many others. Also, the increasing demand for additional power supply is another driving factor. Moreover, the use of modular UPS in data center applications is another driving factor.


Opportunities:
The rise in demand for modular UPS analysis during the forecasted period. The need for additional and uninterrupted power supply provides various growth opportunities in the modular UPS market in the global market. The implementation of advanced technologies and for providing cost-efficient solutions in the global market provides various growth opportunities for the modular UPS market to grow during the forecasted period. Moreover, the growing demand for cloud usage, hyperscale data centers, and large colocation facilities provide growth opportunities during the forecasted period.


Restraint:
The demand for modular UPS is increasing rapidly in the global market during the forecasted period but some factors restrict the growth of the modular UPS market. The lack of awareness hampers the growth of the modular UPS market. Moreover, the periodic maintenance required by all electrical units including modular UPS hinders the growth of the modular UPS market. The high price of the modular UPS market is another hindrance to growth.


Value Chain Analysis:
The demand for modular UPS market is increasing tremendously in the global market owing to various benefits attached to it. The use of modular UPS market leads to greater efficiency level with the scalable load. It also helps in gaining more power from the same infrastructure background. The lower cost of repair is another advantage.


Market Segmentation:
The modular UPS market in the global market has been divided based on the components, organization size, and verticals.


Based on the Components:
The modular UPS market in the global market has been divided based on the components into two broad categories like solutions and services. In the solution segment, it is further sub-divided into 50 kVA and below, 51 – 100 kVA, 101 – 250 kVA, 251 – 500 kVA, 501 kVA, and above. In the solution segment it is further sub-divided into training, education, and consulting, integration and implementation, support and maintenance, and many others.


Based on the Organization Size:
The modular UPS market in the global market has been divided based on the organization size into a large enterprise, small and medium-sized enterprises.


Based on the Verticals:
The modular UPS market in the global market has been divided based on the verticals into banking financial services and insurance, telecom, cloud service and colocation providers, manufacturing, healthcare, energy utilities, government and public sector, education, retail, and many others.


Regional Analysis:
The modular UPS market in the global market has been divided based on the region into North American region, Asia-Pacific region, European region, Latin American region, the Middle East, and African region. The largest market share in the modular UPS market in the global market is held by the Asia-Pacific region owing to increasing demand for additional power supply coupled with cost-efficient solutions to cater to the increasing need of population as the Asia-Pacific region has the largest population among all the regions.


The second-largest market share in the modular UPS market in the global market is held by the North American region. Canada and the US dominate in this region. Growing technological development and increasing demand for data center applications drives the demand for modular UPS market in the global market. Also, the well-developed infrastructure is another important driving factor.


The third-largest market share in the modular UPS market in the global market is held by the European region. The presence of countries like France, Germany, and the UK drives the demand for modular UPS market in the global market. Also, the increasing expenditure on infrastructural development is another driving factor.


The rest of the world includes the Latin American region and the Middle East and African region shows a steady growth rate towards the modular UPS market owing to the slow growth of infrastructure development in various countries of these regions.


Competitive Landscape:
The most prominent major key players in the modular UPS market in the global market are mentioned below:


  • ABB Group (Switzerland)

  • Emerson Electric Co. (US)

  • Eaton Corporation PLC (Ireland)

  • Huawei Technologies Co. Ltd. (China)

  • Schneider Electric SE (France)

  • General Electric (US)

  • Delta Electronics, Inc. (Taiwan)

  • Gamatronic Industries Ltd. (Israel)

  • Riello Electronica Group (Italy)

  • Tripp Lite (US)

  • Toshiba (Japan)


These major key players use various strategies to sustain their market position in the modular UPS market in the global market by collaborating, by going for mergers, and acquisitions, setting up a new joint venture, establishing a partnership, developing a new production process, innovation in the existing product, developing a new product line, and many others to expand their customer base in the untapped market of the modular UPS all across the globe.


Recent Developments:


  • In February 2020, a UPS power module has been launched by Huawei all across the globe that will enable it to reach up to 100 kW/3 U by increasing the power density. This will help the company to increase revenue by providing an improved data center.

  • In February 2020, a US supplier of mission-critical, Power Distribution has been acquired by Eaton that will provide power monitoring equipment, static switching, various services for its commercial and industrial customers for expanding purposes.

  • A lithium-ion battery system has been launched by ABB that will suit the uninterrupted power supply solutions for ABB.

  • The largest market share in the modular UPS market in the global market is held by the Asia-Pacific region owing to increasing demand for additional power supply coupled with cost-effective

  • Huawei Technologies Co. Ltd. (China) has been investing a huge amount of funds towards research and development for tapping the untapped market for expanding customer base all across the globe.


Report Overview:
The global modular UPS market research report consists of the following elements mentioned below:


  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


This global modular UPS market research report contains factors that drive the growth of the modular UPS market in the global market along with the factors that restrict the growth of the modular UPS market in the global market. The opportunities available for the growth of the modular UPS market during the forecasted period are mentioned. The impact of COVID 19 on the sales revenue of the modular UPS market all across the globe is mentioned. The future growth rate of the modular UPS market during the forecasted period is estimated and mentioned.


Intended Audience:
OEM technology solution providers, original equipment manufacturers (OEMs), infrastructure providers, research and consultancy firms, technology providers, technology investors, and many others.



Report Scope:
Report Attribute/Metric Details
  Market Size   2026: USD 6.71 Billion
  CAGR   10.53% (2019-2026)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Component, Vertical, Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   ABB Group (Switzerland), Emerson Electric Co. (U.S.), Eaton Corporation PLC (Ireland), Huawei Technologies Co. Ltd. (China), Schneider Electric SE (France), General Electric (U.S.), Delta Electronics, Inc. (Taiwan), Gamatronic Electronic Industries Ltd. (Israel), Riello Electronica Group (Italy), Tripp Lite (U.S.)
  Key Market Opportunities

  • Need for additional and uninterrupted power supply
  • Cost efficient solutions
  •   Key Market Drivers

  • Increasing demand from various industry verticals
  • Increasing demand for additional power supply
  • Data center applications
  • Implementation of advanced technologies


  • Frequently Asked Questions (FAQ) :


    It is expected that the modular UPS market will grow at a higher CAGR of 10.53% in the global market.

    The modular UPS market is expected to account for a higher market share of approximately USD 6.72 billion.

    The largest market share in the modular UPS market in the global market is held by the Asia-Pacific region.