Research report explores the Integrated UPS Market for the forecast period, 2016-2026
Developments in various end user industries are fuelling investments in industrial uninterruptible power supply (UPS) systems to minimise production losses and extortions to plant security due to power disruption. Uninterruptible Power Supplies (UPS) are the definitive form of power conditioning. The devices when correctly applied, can offer complete power conditioning for all power quality problems up to and including a comprehensive power outage.
There are many past attempts at resolving electrical problems with dispersed or local solutions, such as employing small UPS system on the controls portion of machines or by placing energy storage devices on the DC bus of the motor controllers. More lately, the industrial market has turned to centralized UPS systems providing power quality and ride-through energy storage to keep industrial and manufacturing facilities running smoothly.
Ever growing levels of automation is motivating the users have another look at factory efficiency. The industrial sector is using UPS systems for ensuring no disruptions at the time power outages and voltage transients or sags which can cause significant equipment damage or inventory loss, in turn rising the demand of UPS systems which is resulting in the growth of global integrated UPS market. With the benefits, the UPS systems are a speedily rising power conditioning segment. There are numerous applications where a UPS is a prerequisite, due to the necessity for uninterrupted, high quality power.
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Along with the growing concerns over safety and power failures, integrated UPS have become an important and vital part which allows applications in meeting exact power requirements, in turn raising the demand for it and consecutively growing the global integrated UPS market.
Integrated UPS: Drivers & Restraints
The growing need of high-end industrial UPS systems in niche industrial applications is pushing the end users to invest in and deploy high end integrated industrial UPS systems, subsequently growing the global integrated UPS market. The demand is growing in industrial niche applications and is one of the biggest driver for the increasing demand of the integrated UPS and global integrated UPS market dispersion. In addition, increasing IT spending and growing data centres worldwide coupled with continuing growth in PC sales in the APAC region, is boosting demand for UPS systems, globally and facilitating integrated UPS market growth.
The additional benefits such as easy installation and maintenance, delivery of true sine wave power without breaks for extended periods, or continuous filtering of surges and transients for supplying clean electricity and can be some of the drivers for the global integrated UPS market.
Despite of being simple, compact, robust and reliable source of power the integrated UPS suffers from some challenges such as cost requirements such as startup cost and energy cost can restrain the global integrated UPS market from growing.
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Integrated UPS Market: Segmentation
By capacity, the global integrated UPS market is segmented as follows:
- 10 kVA -100 kVA
- 100 kVA -250 kVA
- 250 kVA and above
By application, the global integrated UPS market is segmented as follows:
- IT & Telecom
- Data Centres
- Banking and Financial Services (BFSI)
- Commercial and Infrastructure
- Media & Entertainment
- Others (Other Industrial Solution
Integrated UPS Market: Region-wise Outlook
The global integrated UPS market is projected to register a favourable growth for the forecast period, 2015?2025. APAC is projected to withstand its control on the global integrated UPS market. The widening energy demand-supply gap is expected to increase UPS adoption, in APAC countries, over the next five years, which will result in growing integrated UPS market globally. The region is anticipated to uphold its dominance in the global integrated UPS market due to consistently growing demand for UPS systems from developing economies such as China and India. North American and Europe is expected to follow the Asia market in terms of growth in global integrated UPS market.
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Integrated UPS Market: Key Players
Some of the key market participants in global integrated UPS market are TEAL Electronics, ABB, Emerson Electric, Huawei, GE, Schneider Electric among others.