Global Uninterruptible Power Supply (UPS) Market to Reach USD 17,947.28 Million by 2030 | CAGR of 7.1%
Category : Semiconductor And Electronics | Published Date : Nov 2024 | Type : Press Release
Uninterruptible Power Supply (UPS) Market Scope & Overview:
As per the Consegic Business Intelligence newly published report, the Uninterruptible Power Supply (UPS) Market size was valued at USD 10,529.07 million in 2022 and is projected to grow at a CAGR of 7.1%, reaching USD 17,947.28 million by 2030. UPS devices are critical for maintaining uninterrupted power supply to safeguard electrical equipment during outages, surges, or voltage fluctuations. These systems are extensively used across residential, commercial, and industrial sectors, particularly in data centers, healthcare facilities, and IT infrastructure.
The report comprises the Uninterruptible Power Supply (UPS) Market Share, Size & Industry Analysis, based on Capacity (Less than 10 kVA, 10-50 kVA, 51-100 kVA, Above 100 kVA), Type (Standby UPS System, Online/Double Conversion UPS System, Line-Interactive UPS System), Application (Residential, Commercial, Industrial), and Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2023-2030.
The report contains detailed information on Uninterruptible Power Supply (UPS) Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profiles, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraints or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
Segmental Analysis :
Based on capacity, the market is segmented into Less than 10 kVA, 10-50 kVA, 51-100 kVA, and Above 100 kVA.
- The 51-100 kVA segment held the largest market share in 2022, driven by its modularity and suitability for medium-sized installations, including healthcare facilities and educational institutions.
- The above 100 kVA segment is projected to grow at the fastest rate, supported by increasing demand for advanced power backup systems to protect critical infrastructure from outages and spikes.
Based on type, the market is trifurcated into Standby UPS System, Online/Double Conversion UPS System, and Line-Interactive UPS System.
- The online/double conversion UPS system segment dominated the market in 2022, with a 56.4% share, driven by its ability to provide uninterrupted power for critical applications in data centers and IT infrastructure.
Based on application, the market is segmented into Residential, Commercial, and Industrial.
- The commercial segment accounted for the largest market share in 2022, attributed to the adoption of UPS systems in data centers, hospitals, and telecommunications.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
- North America: Held the largest revenue share in 2022, valued at USD 3,647.27 million, supported by a strong presence of UPS manufacturers and advanced data center facilities.
- Asia-Pacific: Expected to grow at the highest CAGR of 7.4% during 2023–2030, driven by rapid urbanization, growth in e-commerce, and development of cloud infrastructure.
| Report Attributes | Report Details |
| Study Timeline | 2018-2031 |
| Market Size in 2031 | USD 17,947.28 Million |
| CAGR (2024-2031) | 7.1% |
| Capacity | Less than 10 kVA, 10-50 kVA, 51-100 kVA, Above 100 kVA |
| Type | Standby UPS System, Online/Double Conversion UPS System, Line-Interactive UPS System |
| Application | Residential, Commercial, Industrial |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the Uninterruptible Power Supply (UPS) Industry:
- Vertiv Group Corp.
- Emerson Electric Co.
- ABB Ltd.
- Schneider Electric
- Eaton
- Infineon Technologies AG
- Toshiba Corporation
- Delta Power Solutions
- AEG Power Solutions
- Shenzhen Kstar Science & Technology Co. Ltd.
Recent Industry Developments :
- July 2021: Eaton launched a 9PX lithium-ion UPS with improved battery life and a smaller footprint compared to traditional systems.
- January 2021: Toshiba International Corporation introduced the G9400 Series UPS, leveraging advanced Gen 7 IGBT technology for data centers.
