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A report titled “Modular UPS Market: Opportunity Analysis and Future Assessment 2022-2030” has been added on Reports and Insights. In the market analysis 2022, the economic outlook is screened from driving factors to upstream markets and the comprehensive status of the market. An in-depth evaluation of the entire growth vistas for the overall and regional market is offered which is primarily based on a thorough evaluation of leading industry players, primary and secondary data.  

The report is titled as ‘Modular UPS Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the modular UPS market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Modular UPS market is expected to grow with significant rate in the near future.

The global modular UPS market in 2020 is estimated for more than US$ 2.6 Bn and expected to reach a value of US$ 6.2 Bn by 2028 with a significant CAGR of 11.3%.

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Modular UPS Introduction

An uninterruptible power supply, also known as UPS, is an electrical device that provides reserve power backup in a condition when the main or input power source fails. It also maximizes the power supply capacity and minimizes the operational and maintenance cost at the same time. The world's largest UPS is in Fairbanks, Alaska; the 46-megawatt battery electric storage system (BESS) possess the capability of supplying power to the entire city along with nearby rural community during outrageous. On the basis of the vertical segment, the IT and telecommunication sector dominate this market, owing to the increasing applications of UPS systems coupled with its benefits like reliability, portability of modules, and flexibility.

Modular UPS Market Dynamics

Factors like, simplified installations, growing number of new data centers and ease of deployment is boosting the growth of global UPS market.

Moreover, penetrating demand for co-location facility, the emergence of modular data centers coupled with low maintenance cost also increases the demand for uninterrupted power systems.

However, lack of awareness in the developing countries like China, India, and Brazil along with the increased risk of single point failure restrict the growth of this market globally.

The global modular UPS market is expected to increase at a significant CAGR over the forecast period owing to the integration of new models, adoption of highly scalable model an effective services. Additionally, the technical advancements and modernization of aging data centers are further elevating the need for modular UPS in the market.

Modular UPS Market Key Players

Global modular UPS market is mainly dominated by ABB Ltd., AEG Power Solutions, Delta Electronics, Inc., Eaton Corporation Plc, Emerson Electric Co., Gamatronic Electronic Industries Ltd., General Electric Co., Huawei Technologies Co. Ltd., Rittal GmbH & Co. KG and Schneider Electric SE.

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Modular UPS Market Segmentation

The global modular UPS market is segmented on the basis of technology, service, vertical, and region.

On the basis of technology, the global modular UPS market can be segmented into centralized parallel architecture technology and de-centralized parallel architecture technology. On the basis of service, the global modular UPS market can be segmented into professional service and integration service.  On the basis of vertical, the global modular UPS market can be segmented into healthcare, manufacturing, BFSI, public sector, transportation, IT & telecom, media & entertainment, retail and energy & utility.

Modular UPS Market Regional Overview & Analysis

On the basis of region, the global modular UPS market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America modular UPS market is expected to be the most dominating market throughout the forecast period. Adoption of new emerging Technologies, increasing high investment in Enterprises infrastructure solutions coupled with raising awareness about the benefits of modular UPS systems is propelling the demand installation of UPS systems in numerous business premises. However, the fact that modular UPS systems are installed in rows may restrict the growth of this market as it occupies additional space and weight in the machine room.

MMC Overview on Modular UPS Market Report

The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.

A research report on the Modular UPS market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

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