Albany, NY -- (SBWIRE) -- 09/11/2018 -- Power fluctuations tend to pose significant threat to human life such as in factories and hospitals or can even harm to property. This increases the demand for an equipment that offers reliable power back up with a purpose to avoid such accidents. The installation of UPS is seen as a convenient option to monitor power fluctuations and reduce the frequency of accidents. The expansion of data centers is a prime factor which is supporting the market for UPS at the global level. To study the exact scenario, Market Research Hub (MRH) has included a fresh research report titled "UPS Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026", to its wide online repository. This study focuses on the major trends and services playing a vital role in the development of the UPS market during 2018 - 2026.
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According to research findings, the global UPS market is expected to rise at 7.5% CAGR between 2017 and 2025. Moving ahead at this pace, the concerned market managed a revenue share of US$5,201.9 mn in 2016, which is likely to surge at a mark of US$9,881.9 mn by 2025-end. The study offers a complete perspective concerning the UPS market's growth throughout the research study on the basis of value (in US$ Mn and Thousand Units) covering various geographies, such as North America, Europe, South America, Middle East & Africa (MEA) and Asia Pacific. Furthermore, the study includes market attractiveness analysis, in which the market segments based on type, application and kVA range are benchmarked keeping in mind facets like growth rate, market size and attractiveness.
Based on type, the global UPS market is divided into online, offline and line interaction. Furthermore, the prime applications studied in the report are data centre & facility UPS, marine UPS, industrial UPS, network, server & storage UPS as well as PC, workstation & home UPS. The research study includes profiles of leading companies operating in the global UPS market. The concluding section of the report discourses knowledge about the key market players. Each of these players are profiled on the basis of attributes such as financial overview, company overview, recent developments and business strategies. The leading companies operating in the global UPS market include Eaton Corporation Plc, Schneider Electric SE, Uninterruptible Power Supplies Ltd., Emerson Electric Company, ABB Ltd., Legrand, Vertiv Co., Mitsubishi Electric Corporation, Luminous Power Technologies and Delta Power Solutions.
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