Dublin, Jan. 09, 2024 (GLOBE NEWSWIRE) -- The "Data Center UPS Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global data center UPS market reached US$ 6.1 billion in 2022. Looking forward, the analyst expects the market to reach US$ 9.1 billion by 2028, exhibiting a growth rate (CAGR) of 6.7% during 2023-2028. The escalating demand for continuous power supply on the global level, rapid digitalization and the rising dependence on technology for conducting business operations, and considerable rise in cloud computing represent some of the key factors driving the market. 
Data Center UPS Market Trends
The market is primarily driven by the escalating demand for continuous power supply on the global level. This can be attributed to the rapid digitalization and the rising dependence on technology for conducting business operations, resulting in a higher demand for 24/7 availability of the data centers. In line with this, a considerable rise in cloud computing is leading to the growing number of data centers, which, in turn, has augmented the demand for UPS systems. Moreover, the rising need for eco-friendly solutions for reducing power consumption and achieving energy efficiency is propelling the demand for UPS systems that use renewable energy sources, such as solar and wind power.
The market is further fueled by the growing awareness regarding downtime costs and protection against power outages. Apart from this, the growing adoption of modular UPS systems that are easily expandable is also creating lucrative growth opportunities in the market. Additionally, the emerging trend of edge computing is propelling the demand for more compact UPS systems that can be deployed in remote locations, which, in turn, is providing an impetus to the market. Some of the other factors contributing to the market include rapid urbanization, inflating disposable income levels, rising penetration of the internet, emergence of 5G, and extensive research and development (R&D) activities conducted by key players.
Key Market Segmentation
The report provides an analysis of the key trends in each sub-segment of the global data center UPS market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on component type, battery technology, capacity, tier type, data center size and end use vertical.
Component Type Insights:
- Solution
- Standby UPS
- Line Interactive UPS
- Double Conversion Online UPS
- Others
- Services
- Managed
- Professional
The report has provided a detailed breakup and analysis of the market based on the component type. This includes solution (standby UPS, line interactive UPS, double conversion online UPS, and others) and services (managed and professional).
Battery Technology Insights:
- Lithium-Ion
- Flywheel
- VRLA
The report has provided a detailed breakup and analysis of the market based on the battery technology. This includes lithium-ion, flywheel, and VRLA.
Breakup by Capacity:
- Less than or Equal to 500 kVA
- 500 kVA-1000 kVA
- More than 1000 kVA
The report has provided a detailed breakup and analysis of the market based on the capacity. This includes less than or equal to 500 kVA, 500 kva-1000 kVA, and more than 1000 kVA.
Tier Type Insights:
- TIER I and II
- TIER III
- TIER IV
The report has provided a detailed breakup and analysis of the market based on the tier type. This includes TIER I and II, TIER III, and TIER IV.
Data Center Size Insights:
- Small Data Centers
- Medium Data Centers
- Large Data Centers
The report has provided a detailed breakup and analysis of the market based on the data center sizer. This includes small data centers, medium data centers, and large data centers. According to the report, small data centers represented the largest segment.
End Use Vertical Insights:
- Banking and Financial Services
- Manufacturing
- Information Technology
- Energy
- Healthcare
- Government
- Entertainment and Media
- Others
A detailed breakup and analysis of the market based on the end use vertical has also been provided in the report. This includes banking and financial services, manufacturing, information technology, energy, healthcare, government, entertainment and media, and others. According to the report, information technology accounted for the largest market share.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for data center UPS. Some of the factors driving the market in North America included continual technological advancements, considerable rise in cloud computing, rapid digitalization, etc.
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include:
- ABB Ltd.
- Cyber Power Systems Inc.
- Delta Electronics Inc.
- Eaton Corporation plc
- General Electric Company
- Kohler Uninterruptible Power (Ireland) Limited
- Legrand
- Mitsubishi Electric Corporation
- RPS Spa (Riello Elettronica S.p.A.)
- Schneider Electric SE
- Solaredge Technologies Inc.
- Toshiba Corporation
- Vertiv Group Corporation
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report
Key Attributes
| Report Attribute | Details |
| No. of Pages | 142 |
| Forecast Period | 2022-2028 |
| Estimated Market Value (USD) in 2022 | $6.1 Billion |
| Forecasted Market Value (USD) by 2028 | $9.1 Billion |
| Compound Annual Growth Rate | 6.9% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/2025ei
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