Asia-Pacific UPS Market By Type (Online, Offline and Line Interactive), By Rating (5.1kVA-50kVA, less than 5KVA, 50.1kVA-200kVA and Others), By Application (Residential, Commercial, and Industrial), By Sector (BFSI, OEM, Solar, Railways, Oil & Gas, Power, Healthcare, IT, Housing, Others), By Country, Competition Forecast & Opportunities, 2028
Published on: 2024-12-08 | No of Pages : 320 | Industry : Power
Publisher : MIR | Format : PDF&Excel
Asia-Pacific UPS Market By Type (Online, Offline and Line Interactive), By Rating (5.1kVA-50kVA, less than 5KVA, 50.1kVA-200kVA and Others), By Application (Residential, Commercial, and Industrial), By Sector (BFSI, OEM, Solar, Railways, Oil & Gas, Power, Healthcare, IT, Housing, Others), By Country, Competition Forecast & Opportunities, 2028
Asia-Pacific UPS Market
An uninterruptible power supply, or UPS, is a battery backup system that serves as an emergency power source for connected loads in the event that the main power source fails. In order to ensure the orderly shutdown of electrical appliances, this is utilized as a temporary power source. When utilized with hardware systems, an uninterrupted power source can aid in preventing major hardware damage caused by repeated power outages. Many industries, including data centers, businesses, telecoms, and hospitals use UPS on a regular basis.
Industrial Segment Expected to Dominate the Market
The power supply is employed in many industrial settings, such as nuclear power plants, oil rigs, petrochemical plants, pharmaceutical factories, food and beverage sectors, etc. Rugged situations are where the industrial uninterruptible power supply systems are deployed. As in any industrial environment, the loss of AC power may result in hazardous process instability or costly processing system damage. Uninterruptible power supply systems are designed to withstand excessive temperatures and a modest level of non-conductive dust because these locations also have a higher ambient temperature and more contamination in the air. An essential system for ensuring the continuous operation of industrial-grade infrastructure is an uninterruptible power supply. Uninterruptible power supply systems frequently support critical infrastructure in the event of a primary failure. Additionally, the industrial-grade uninterruptible power supply can keep the critical infrastructure powered up until the main power source is restored in the event of a brief power outage thanks to the energy stored in its battery. In the event of a large power outage, the uninterruptible power supply might keep the vital infrastructure component powered up until a second power source, such as generators, could be connected.
Download Free Sample report
Increase in demand for reliable power solutions
The market is anticipated to expand as a result of a significant increase in demand for dependable power solutions that can support large-scale manufacturing facilities. Under abrupt power surges or power loss scenarios, UPS systems enable commercial organizations to operate multiple facilities. The commercial and industrial sectors invest in extra power sources for various major data centers and the telecommunications industry. This is anticipated to have a favorable impact on market expansion. Furthermore, the need for dependable power solutions is anticipated to fuel market expansion as rising economies like China, India, and Japan see significant industrial growth.
Advancement in UPS Battery Systems
New lithium-ion (Li-ion) batteries with a high operating temperature are among the UPS battery system advancements that are anticipated to open up attractive market expansion prospects. Such a UPS battery system works well in large data centers that need a constant power supply while working at high temperatures. In addition, Li-ion batteries last two to three times longer than traditional Valve Regulated Lead Acid (VRLA) batteries.
Market Segmentation
Market Players
Recent Development
- In March 2020 - With internal smart battery modules ranging in power from 10 kW to 100 kW, Schneider Electric introduced the new Galaxy VS, which is perfect for critical IT, commercial, and industrial applications. The business' market presence will grow in the business and industrial sectors as a result.
- In Feb 2020 - The
100-kW high power density UPS power module from Huawei was just released, and
it is perfect for data centers. Unlike conventional power sources, this can
reduce power consumption and high footprint (by about 70%). This would
strengthen the business' position in growing markets like China and India,
where the industries of artificial intelligence (AI), big data, and cloud
computing are experiencing rapid growth.
Attribute |
Details |
Base Year |
2022 |
Historic Data |
2018 –
2021 |
Estimated Year |
2023 |
Forecast Period |
2024
– 2028 |
Quantitative Units |
Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
Report coverage |
Revenue
forecast, company share, growth factors, and trends |
Segments covered |
By Type By Rating By Application By Sector |
Country scope |
China,
Japan, India, South Korea, Australia, Vietnam, Indonesia, Singapore,
Philippines, Malaysia |
Key companies profiled |
Schneider Electric, Microtek International Private Limited,
Numeric Power Systems Limited, Eaton Corporation, Fuji Electric, ABP Power
Solutions Pvt Ltd, Toshiba Corporation, Delta UPS & Voltage Stabilizers
Inc., Zhongshan Hongbao Electrical Manufacturing Co. Ltd., Jiangsu Meibaijia
Electrical Manufacturing Co. Ltd. |
Customization scope |
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research
needs. Explore
purchase options |
Delivery Format |
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request) |