The global Uninterruptible Power System (UPS) market size is projected to reach USD 20.05 billion by 2029
Published Date: Wednesday,10 Apr,2024
Uninterruptible Power System (UPS)
Uninterrupted Power Supply (UPS) is an electrical System that provides emergency power to a load when the input power source fails. Uninterrupted Power Supply (UPS) converts incoming AC to DC through a rectifier, and converts it back with an inverter. Uninterrupted Power Supply (UPS) differs from an auxiliary or emergency power system or standby generator in that it will provide near-instantaneous protection from input power interruptions, by supplying energy stored in batteries, super capacitor, or flywheels. The on-battery runtime of most uninterruptible power sources is relatively short (only a few minutes) but sufficient to start a standby power source or properly shut down the protected equipment.
Source: GlobalInfoResearch, “Global Uninterruptible Power System (UPS) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”
According to the new market research report “Global Uninterruptible Power System (UPS) Market Report 2023-2029”, published by GlobalInfoResearch, the global Uninterruptible Power System (UPS) market size is projected to reach USD 20.05 billion by 2029, at a CAGR of 5.2% during the forecast period.
- Global Uninterruptible Power System (UPS) MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Uninterruptible Power System (UPS) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”(UPS) Market Report 2023-2029.
- Global Uninterruptible Power System (UPS) Top26Players Ranking and Market Share(Based on data of 2021, Continually updated)
Source: GlobalInfoResearch, “Global Uninterruptible Power System (UPS) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”(UPS) Market Report 2023-2029.
The global key manufacturers of Uninterruptible Power System (UPS) include Schneider-Electric, Eaton, Vertiv, Huawei, CyberPower, KSTAR, Riello, Socomec, ABB, Toshiba, etc. In 2020, the global top 10 players had a share approximately 63.0% in terms of revenue.
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