Strong data center investments and surging end-user demand will drive the market to $2.88 billion by 2029

Modular UPS Market

Dublin, Aug. 21, 2024 (GLOBE NEWSWIRE) — The “Modular UPS Market – Forecast to 2024 to 2029” report has been published by ResearchAndMarkets.com Provided.

The modular UPS market is expected to grow from USD 1,912 million in 2024 to USD 2,880 million by 2029, at a CAGR of 8.54%. Strong investments and set-up of data centers, along with surge in end-user demand, are expected to drive the modular UPS market over the next few years.

Rapid increase in technological developments and the need for power supply are driving the growth of the modular UPS market.

Modular UPS forms one of the key components in data centers, with its cost-effectiveness and ability to install multiple modules stacked together to meet the required power demand. The increasing demand for cloud-based services by many technology industries has led to the evolution of data centers, spurring the development of UPS systems, and a shift from single or monolithic modules to multiple modules, accelerating the overall market growth.

Moreover, the transmission of information to facilitation and monitoring centers, communication protocols, and SNMP (Single Network Management Protocol) allow facility managers to monitor the data.Increasing internet traffic has also led to an increase in the demand for modular UPS.With the newly developed DPA (Distributed Parallel Architecture) module that eliminates power outages and reduces maintenance efforts, modular UPS is being used in Europe and Asia.

Strong investment in setting up data centers drives market expansion

Modular UPS are designed to provide uninterrupted power to data centers. Rapid industrialization and growing internet traffic have significantly increased the demand for data centers and investments in facilities. This will also drive the demand for modular UPS simultaneously. In May 2024, Amazon Web Service announced that it will invest US$12.7 billion in cloud infrastructure in India to further support the Indian data center supply chain.

Availability of substitutes may hinder market growth

Apart from modular UPS, there are also other architecture modules available in the market such as parallel UPS and monolithic UPS, which have lower initial purchase prices compared to their counterparts and hence may pose a challenge to the overall demand for modular architecture in the market.

North America is expected to grow significantly during the forecast period

North America is expected to hold a significant market share as technological advancements and high usage of internet and electricity in the region are increasing the demand for electricity, thus positively impacting the growth of the modular UPS market. Major regional economies such as the United States have a number of leading manufacturers and producers such as Emerson Electrics, AEG Power Solutions, Generic Electric, etc., that sell and distribute modular UPS.

Large data center companies such as Intel Corporation, Alphabet Inc., American Tower Corporation, Advanced Micro Devices, and Equinox have established strong presence in the U.S. These companies are investing in new facilities across the country, paving the way for future market expansion.

Key attributes:

Key topics:

1. Introduction

2. Research Method

3. Executive Summary
3.1. Main findings

4. Market Trends
4.1. Market Drivers
4.2. Market constraints
4.3. Porter’s Five Forces Analysis
4.4. Industry Value Chain Analysis
4.5. Analyst View

5. Modular UPS Market by Power Capacity Type
Introduction
5.2. 10 to 100kVA
5.3. 101 to 250kVA
5.4. 251 to 500kVA
5.5. 500 or more

6. Modular UPS Market by Industry
Introduction
6.2. Biopharmaceuticals
Healthcare
6.4. Media and Entertainment
6.5 Telecommunications
6.6. Manufacturing
6.7. Other

7. Modular UPS Market by Region

8. Competitive Environment and Analysis
8.1. Key Players and Strategic Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Contracts and Cooperation
8.4. Competitive Dashboard

9. Company Profile

• Eaton

• ABB

• Vertive Group

• Schneider Electric

• Emerson Electric

• Delta Power Solutions

• Gamatronic

• Huawei Technologies

• AEG Power Solutions

• Statron

For more information on this report, please visit: https://www.researchandmarkets.com/r/54ljld

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