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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.

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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

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Delivery Format

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Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )