Global Modular UPS Market to Grow Steadily at a CAGR of over 10% During 2016-2020 - ABB, Emerson Electric, Huawei, GE, Schneider Electric
Technavios research analyst predicts the global modular UPS market to grow steadily at a CAGR of over 10% during the forecast period. Increased demand for data center applications, especially in the BFSI, telecom, and IT sector is the driving force of the modular UPS market. These industries use data centers to secure data, save power, and leverage the benefits of centralized control system operations. Also, rising Internet penetration and computer applications across organizations have triggered demand for system efficiency, thus...
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