The global data centre UPS market is expected to secure a market value of US$ 5,407.8 million. With a CAGR of 6.9%, it is anticipated to exhibit a market value of US$ 10,571.6 million, at the end of the forecast period, in 2033.
The global data center UPS market faces challenges due to the considerable costs linked to raw materials and the scarcity of skilled personnel, potentially hindering market expansion. Nevertheless, promising drivers are poised to drive market growth during the forecast period. Untapped opportunities in regions like the Middle East and Africa, coupled with the burgeoning number of data centers in South America, are anticipated to offset the hindrances and foster market expansion.
The rising demand for data centers in emerging economies, driven by digital transformation initiatives and the surge in data-driven services, is projected to bolster the adoption of UPS solutions. Moreover, the escalating need for uninterrupted data access and the growing awareness regarding data security and business continuity are compelling data center operators worldwide to invest in advanced UPS technologies.
Request a Sample Report for Comprehensive Insights
https://www.futuremarketinsights.com/reports/sample/rep-gb-4730
Government initiatives promoting data center development and energy-efficient UPS solutions are providing a conducive environment for market growth. These factors, along with ongoing technological advancements and a focus on eco-friendly UPS systems, are expected to drive the global data center UPS market forward during the forecast period.
Key Takeaways from the Data Centre UPS Market Report:
- The North American region holds a significant market share of 24.5% in the data center UPS market in 2022, signifying its robust data center infrastructure and its adoption of reliable UPS solutions.
- The Europe region commands a notable market share of 20.5% in the data center UPS market in 2022, showcasing the region’s thriving data center industry and commitment to enhancing power resilience.
- The United States contributes significantly to the data center UPS market with a market share of 18.1% in 2022, highlighting the country’s role as a technological powerhouse.
- Germany maintains a market share of 7.4% in the data center UPS market in 2022, underscoring the country’s commitment to data center efficiency and reliability.
- Japan accounts for 4.3% of the data center UPS market share in 2022, reflecting the country’s technological advancements and strong data center infrastructure.
- Australia contributes to the data center UPS market with a market share of 2.7% in 2022, highlighting the country’s growing data center ecosystem.
- China exhibits an impressive CAGR of 8.5% in the data center UPS market in 2022, reflecting the country’s rapid technological advancements and data center expansion.
- India experienced a robust CAGR of 9.5% in the data center UPS market in 2022, indicating the country’s accelerating digital transformation and growing data center infrastructure.
- The United Kingdom showcases a commendable CAGR of 6.5% in the data center UPS market in 2022, reflecting the country’s commitment to data center sustainability and energy efficiency.
Competitive Landscape:
Recent Developments in Schneider Electric SA
- Schneider implemented ‘The Zero Carbon Project’ in April 2021, demonstrating its dedication to reducing ‘operational carbon emissions’ by 2025.
- In January 2023, Schneider Electric successfully concluded its acquisition of Aveva.
Recent Developments in Toshiba Corp.
- On November 12, 2021, Toshiba made public its intention to divide into three distinct entities. The first two companies will concentrate on infrastructure and electronic devices, respectively, while the third, retaining the Toshiba name, will oversee the 40.6% stake in Kioxia and all other remaining assets. The company aims to finalize the restructuring plan by March 2024.
In February 2022, Toshiba revised its plans and opted to split into two companies instead, following disapproval from shareholders regarding the initial proposal.
Leading Key Players:
- Schneider Electric SA
- Eaton Corp.
- Toshiba Corp.
- Emerson Network Power Inc.
- Clary Corp.
- Intellipower Inc.
- General Electric Electrical Systems
- Belkin International Inc.
- Power Innovations International Inc.
- Barri
- ABB Ltd.
- Huawei Technologies
- Mitsubishi Electric Corporation
- Vertiv Group
Immediate Access: Buy Today for a Comprehensive Report
https://www.futuremarketinsights.com/checkout/4730
Data Centre UPS Market Segmentation:
By Product:
- Small
- Medium
- Large
By Application:
- Cloud Storage
- Enterprise Resource Planning (ERP) System
- Data Warehouse
- File Servers
- Application Servers
- Customer Relationship Management (CRM) Systems
By Technology:
- Line Interactive
- Standby
- Double Conversion
By Region:
- North American
- Latin American
- European
- Asia Pacific
- Middle East and African
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
