The offering of better scalability, flexibility, and reliability by modular UPS is one of the significant factors influencing market growth.
New York, NY -- (SBWIRE) -- 05/04/2021 -- The global Modular UPS Market is expected to reach USD 4.43 Billion by 2026, according to a new report by Reports and Data. The modular UPS allows flexible adaption of the UPS power based on power requirements.
The scalability of modular UPS is driving the growth of the market. A scalable data center gets immense advantages from the implementation of modular UPS system topology as it improves electrical efficiency by offering scalability options. Enterprises across several sectors become progressively dependent on UPS systems to get uninterrupted and protected power for their data resources. Instead of a single fixed installation, UPSs become better cost and energy-efficient systems by aggregations of smaller modules operating together in parallel. These can effortlessly be incrementally scaled to exact power requirements.
Escalating growth of the colocation industry is expected to drive the market growth in the forecast period. At present, as the ubiquity and requirement of internet hosting continue to surge, SMEs and large enterprises must cater to the demands to stay pertinent and available online. Colocation facilities act as a type of data center that rents equipment space and bandwidth to enterprises and businesses that require a network service provider at an affordable cost. Modular UPS systems protect uptime of large data centers and deliver facility-wide protection for sensitive electronics. These types of UPS ensure smooth operation critical systems during power disturbances, including blackouts, brownouts, surges, sags, or noise interference.
Get a FREE Report Sample with Table of Contents and Figures @ https://www.reportsanddata.com/sample-enquiry-form/2288
By power rating, 51-100 KVA contributed to the largest market share in 2018 and is expected to grow at a rate of 10.6% in the forecast period. The market dominance of 51-100 KVS modular UPS may be attributed to the increasing demand from IoT devices owing to offering of hassle-free installation, enhanced usability, easy maintenance, on-demand capacity expansion, and better efficiency.
By organization sizes, large enterprises dominated the market in 2018 and are likely to witness a growth rate of 10.3% in the forecast period. The modular UPS provides better scalability, flexibility, and reliability to keep their systems operational in the event of an accident.
By application, a centralized power protection solution held a larger market share in the year 2018.
By industry vertical, healthcare industry is projected to grow at a significant rate of 11.6% in the forecast period, owing to the use of medical devices ranging from ventilators to MRIs, hematology systems to diagnostic instruments, gas analyzers to centrifuges, and data centers, among others, that require uninterrupted and reliable power supply for their operation.
North America dominated the market in 2018 and is estimated to have a CAGR of 10.4% in the forecast period, due to the increasing demand for growing technological advancements and data center applications in the region.
Key participants include ABB Group, Eaton Corporation PLC, Emerson Electric Company, Huawei Technologies Co. Ltd., General Electric, Schneider Electric SE, Delta Electronics, Mitsubishi Inc., Gamatronic Electronic Industries Ltd., and Tripp Lite, among others.
Browse Complete Report "Modular UPS Market" @ https://www.reportsanddata.com/report-detail/modular-ups-market
For the purpose of this report, Reports and Data have segmented the global modular UPS market on the basis of power rating, organization size, application, industry vertical, and region:
Power Rating Outlook (Revenue, USD Million; 2016-2026)
Organization Size Outlook (Revenue, USD Million; 2016-2026)
Small & Medium-Sized Enterprises
Application Outlook (Revenue, USD Million; 2016-2026)
Centralized Power Protection Solution
Distributed Power Protection Solution
Industry Vertical Outlook (Revenue, USD Million; 2016-2026)
IT & Telecommunications
Energy & Utilities
Government & Public Sector
Regional Outlook (Revenue in USD Billion; 2017–2026)
Middle East & Africa
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Modular UPS Segmentation & Impact Analysis
4.1. Modular UPS Material Segmentation Analysis
4.2. Industrial Outlook
Chapter 10. Competitive Landscape
10.1. Market Revenue Share by Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market positioning
10.5. Strategy Benchmarking
10.6. Vendor Landscape
Chapter 11. Company Profiles
11.1. ABB Group
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Technology Insights
11.1.4. Strategic Initiatives
11.2. Eaton Corporation PLC
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Technology Insights
11.2.4. Strategic Initiatives
11.3. Emerson Electric Company
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Technology Insights
11.3.4. Strategic Initiatives
11.4. Huawei Technologies Co. Ltd.
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Technology Insights
11.4.4. Strategic Initiatives
11.5. General Electric
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Technology Insights
11.5.4. Strategic Initiatives
Request customization of the report @ https://www.reportsanddata.com/request-customization-form/2288
The report is a qualitative and quantitative research study that offers key insights into the latest strategic steps and tactics undertaken by the industry players to gain a robust footing in the market. The report further offers strategic recommendations to the new and emerging players and established companies to help them overcome the barriers of the industry. The report also covers a comprehensive SWOT analysis and Porter's Five Forces analysis to offer a better understanding of the Modular UPS market and its competitive landscape.
Browse Related Reports –
Refractories Market Analysis
Intravenous Immunoglobulin (IVIG) Market Trends
Stainless Steel Forging Market Growth
Genome Editing Market Demand
Foot and Mouth Disease (FMD) Vaccine Market Size
Arthroscopy Market Share
Thank you for reading our report. For further inquiries or queries about customization, please get in touch with us. Our team will ensure the report you get is best suited to your needs.
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370