IMARC Group, a leading market research company, has recently releases report titled “Data Center UPS Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global data center UPS market share, analysis, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Data Center UPS Market
A Data Center UPS (Uninterruptible Power Supply) refers to a critical component of data center infrastructure that provides backup power in the event of a power outage or disruption. Data centers house large amounts of sensitive electronic equipment, including servers, storage systems, and networking devices, which require a continuous and reliable power supply to operate effectively. The primary function of a Data Center UPS is to ensure uninterrupted power supply to the critical IT infrastructure in a data center, safeguarding against power interruptions that could result in downtime, data loss, and operational disruptions. It acts as a power protection system, serving as a bridge between the utility power source and the data center equipment. A Data Center UPS consists of several components, including power rectifiers, batteries, an inverter, and various monitoring and control systems. When the utility power supply is stable, the UPS charges its batteries and converts the AC power to DC power for storage. In the event of a power outage or voltage irregularities, the UPS switches to battery power and converts the DC power back to AC power to maintain a continuous and clean power supply to the data center equipment. This seamless transition helps prevent data loss and equipment damage.
How Big Is the Data Center UPS Market?
The global data center UPS market size reached US$ 6.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.7% during 2023-2028.
Global Industry Trends and Drivers:
The data center UPS market is driven by several industry trends and factors that are shaping its growth and development. One significant trend is the increasing demand for data centers due to the exponential growth of digital services, cloud computing, and Internet of Things (IoT) technologies. As more organizations rely on data centers to store and process vast amounts of data, there is a growing need for reliable and uninterrupted power supply, which drives the demand for UPS systems. Another trend driving the data center UPS market is the escalating focus on energy efficiency and sustainability. With the rising awareness of environmental concerns and the need to reduce carbon emissions, data center operators are actively seeking energy-efficient solutions. UPS systems with higher efficiency ratings, such as those complying with industry standards like 80 PLUS or ENERGY STAR, are gaining traction in the market. The increasing complexity of IT infrastructure and the criticality of data center operations have amplified the importance of power reliability and availability. Downtime or power disruptions can have severe consequences, resulting in financial losses and damage to a company's reputation. This has led to a growing demand for UPS systems that provide seamless power backup and protection against power anomalies, ensuring uninterrupted operations and data integrity.
What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Component Type Insights:
- Solution
- Standby UPS
- Line Interactive UPS
- Double Conversion Online UPS
- Others
- Services
- Managed
- Professional
Battery Technology Insights:
- Lithium-Ion
- Flywheel
- VRLA
Breakup by Capacity:
- Less than or Equal to 500 kVA
- 500 kVA-1000 kVA
- More than 1000 kVA
Tier Type Insights:
- TIER I and II
- TIER III
- TIER IV
Data Center Size Insights:
- Small Data Centers
- Medium Data Centers
- Large Data Centers
End Use Vertical Insights:
- Banking and Financial Services
- Manufacturing
- Information Technology
- Energy
- Healthcare
- Government
- Entertainment and Media
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report provides a comprehensive analysis of the industry key players listed below:
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 and Vertiv Group Corporation.
