Global uninterrupted power supply market will reach 13.9662 billion US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/7/26

The UPS market is likely to witness remarkable growth due to the rising demand for the high power range systems. Growing adoption of UPS systems as an essential power-back up device, as these systems perform work more efficiently and effectively. Availability of the data center rack solutions and technological advancements are further fuelling the market growth in the coming years. In addition, the rising demand of UPS across various industry verticals such as education, healthcare, BFSI, telecom, plant automation, hospitality, and government sectors are further boosting the market growth over the forecast period. 

North America will witness significant growth in the global UPS market due to various end-users industries such as healthcare, hospitality, and financial services. Increasing volume of digital content has led to a rise in the demand for UPS systems in Europe. Asia Pacific is also expected to grab a remarkable market share due to the development of collaborative data centers in developing economies such as China and India. 

The analysts at the QY Research predict that the global uninterrupted power supply (UPS) market will touch the valuation at US$13.9662 bn by 2025 from US$10.5366 bn in 2018. The market is estimated to register a CAGR of 4.96% throughout the forecast period. 

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