Modular Uninterruptible Power Supply (UPS) Market: Market Segments: By Component (Solution and Services); By Organization Size (Large Enterprises, and Small and Medium-sized Enterprises (SMEs)); By Application (Clinical Trials, Learning, and Research); By Vertical (BFSI, Retail, IT & Telecom, Education, Healthcare, and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Modular Uninterruptible Power Supply (UPS) Market: Market Segments: By Component (Solution and Services); By Organization Size (Large Enterprises, and Small and Medium-sized Enterprises (SMEs)); By Application (Clinical Trials, Learning, and Research); By Vertical (BFSI, Retail, IT & Telecom, Education, Healthcare, and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Product Overview
Modular UPS is the combination of series-connected small UPS modules that allows the user to modify any failed module without shutting down the entire device. Modular UPS increases the capacity of the power supply and decreases operating and maintenance costs. Additionally, if it runs at or closer to its full rated capacity, the performance of a modular UPS is high. With fixed capacity UPS systems, the ability to reconfigure a modular UPS system to meet load demands offers a degree of versatility that is not accessible. This can be used to maximize operational performance, as the device flips the unnecessary operations into 'sleep mode' automatically.
Market Highlights
The modular Uninterruptible Power Supply (UPS) Market is expected to project a notable CAGR of 10.3% in 2030.
Modular Uninterruptible Power Supply (UPS) Market to surpass USD 8.4 billion by 2030 from USD 3.2 billion in 2018 at a CAGR of 10.3% throughout the forecast period, i.e., 2019-30. Growing demand for zero power downtime from different industries, increasing need for flexible and reliable power systems, and demand for hyper-scale data centers, cloud use, and large colocation facilities are the key factors driving the growth of the Modular UPS industry. In order to propel the data center's uninterrupted power supply industry, the growing adoption of cloud storage services and the increasing need for uninterrupted power to ensure productive operations in banks, financial institutions, and companies are anticipated. One of the key growth drivers for this market is the growing adoption of modular data center UPS systems. The wide adoption of cloud servers, which pack more power into smaller spaces, is projected to drive the uninterrupted power supply market of the data center.
Modular Uninterruptible Power Supply (UPS) Market: Segments
10-100 kVA segment to grow with the highest CAGR of XX.X% during 2019-30
The modular Uninterruptible Power Supply (UPS) Market is segmented by Power Capacities as 10 - 100 kVA, 101 - 250 kVA, 251, and 500 kVA. The 10-100 kVA solution is projected to have the largest segment in the Modular UPS market during the forecast period. Various BFSI service providers, small and medium-sized data centers, cloud service providers, and telecommunication operators are commonly using modular UPS solutions in this range as they provide efficient maintenance, better scalability, and enhanced services. These solutions offer many advantages in the 51-100 kVA range, such as improved usability, easy expansion of installation and capacity, hassle-free maintenance, and expansion of on-demand capacity, while improving business performance. Emerson, Huawei, and Schneider Electric are major vendors offering these solutions.
The SMEs segment to grow with the highest CAGR of XX.X% during 2019-30
The modular Uninterruptible Power Supply (UPS) Market is segmented by organization size into large enterprises and SMEs. The Large Enterprises segment is expected to hold the largest market share and has witnessed a very high demand over the forecast years. In large enterprises, the adoption of modular UPS systems and services is higher, and the trend is expected to continue during the forecast era. Modular UPS systems provide continuous power supply to large businesses, with various power range modules. Large companies are now investing heavily in advanced technology to improve their overall productivity and performance. It is expected that large enterprises' appetite for versatile, scalable, and convenient services will motivate industry players to develop new technologies and creative solutions.
Modular Uninterruptible Power Supply (UPS) Market: Market Dynamics
Drivers
High growth in Colocation and Cloud Services
The demand for modular, uninterrupted power supplies is driven primarily by the growing number of new data centers and lower ownership costs. The modular UPS market is also powered by the ease of implementation and a highly scalable model. In addition, low maintenance costs and reliable facilities often motivate the customer to use modular UPS. There is a significant step toward cloud computing that is likely to create data storage and security requirements. Such data centers often need continuous power backup and services that are rising the global demand for UPS data centers. A rise in the adoption of services such as remote access services, mobile computing, and online services through various ventures are some of the other major drivers of this global modular UPS market.
Increasing demand for zero power downtime from various sectors
Enterprises have undergone digitalization in every industry. This has contributed to a reliance on electronic devices for business processes to capture and access information. This increases dependency on a power supply that is secure and constant. Enterprises do not run business operations without a power source. In the event of a power failure or loss of the primary power source, the power supply must be guaranteed and secure. UPS guarantees stability and efficiency when primary power goes down so that ongoing work can be saved and hardware can be covered. Although the demand for UPS systems in the IT industry is strong, microprocessors and PC-based systems that are susceptible and responsive to power disruptions have now been adopted by many industrial processes. Industrial systems may be interrupted by a few seconds of a power outage, causing significant financial losses. Most sectors have therefore begun to implement advanced UPS and modular UPS systems across industries.
Restrain
Lack of Awareness Amongst Non-Data Center Applications
Low awareness of the benefits of modular uninterrupted power supplies for improving business operations and efficiency across industries especially in emerging markets such as India, China, Brazil, and Argentina, is hindering the growth of the modular UPS market. In addition, modular UPS are in-rows" built, i.e. adding extra space and weight in the machine room and difficulty in the delivery of the circuit are some of the key factors hindering the growth of the modular UPS market. The slow growth rate of technological innovation will serve as a major constraint that is likely to impact the growth of the global economy.
Modular Uninterruptible Power Supply (UPS) Market: Key Players
ABB Ltd
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Emerson Network Power
Huawei Technologies Co. Ltd
Schneider Electric SE
General Electric
Delta Electronics Inc.
AEG Power Solutions
Riello Elettronica Group
Eaton Corporation
Modular Uninterruptible Power Supply (UPS) Market: Regions
The modular Uninterruptible Power Supply (UPS) Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.
The modular Uninterruptible Power Supply (UPS) Market in North America held the largest market share of XX.X% in the year 2018 and it is expected to continue its market dominance in the future because of the existence of collocation and data centre facilities and technologically advanced countries such as the US and Canada. There is a high demand in the region for modular UPS solutions especially from the sectors of IT and telecommunications, healthcare, and manufacturing. Every day, an enormous amount of digital content is produced, which is expected to drive the need for UPS solutions for data centers, especially in the European region. France, Germany, and the U.K. The region's expansion is expected to be at the forefront. The global demand in the Asia Pacific region is projected to see a notable rise in the coming years. In emerging countries such as India and China, an exceptional increase in collaborative data centers is expected to stimulate the growth of the UPS industry in the future.
Competitive Landscape:
The Modular Uninterruptible Power Supply (UPS) market, which is highly competitive, consists of several major players such as Schneider Electric (France), Huawei (China), ABB (Switzerland), Eaton (Ireland), Emerson (US), Legrand (France), Vertiv (US), Rittal (Germany) hold a substantial market share in the Modular Uninterruptible Power Supply (UPS) market. Other players analyzed in this report are Delta Electronics (Taiwan), Toshiba (Japan), HPE (US), AEG Power Solutions (Netherlands), Panduit (US), Gamatronic (Israel), Tripp-Lite (US), Xtreme Power (US), Socomec (France), Centinel (Switzerland), Cyberpower (US), Riello UPS (Italy), and Borri (Italy) among others.
The market competition has been stepped up by the availability of many players offering Modular Uninterruptible Power Supply (UPS). For Instance, In February 2020, Huawei launched its UPS power module across the world. This launch enables the power density of a single module to reach up to 100 kW/3 U. This facilitates improved data center utilization and increases revenue.
Modular Uninterruptible Power Supply (UPS) Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Modular Uninterruptible Power Supply (UPS) Market report also contains analysis on:
Modular Uninterruptible Power Supply (UPS) Market Segments:
By Power Capacities:
0 – 50 kVA
51 – 100 kVA
101 – 300 kVA
301 and Above kVA
By Organization Size:
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
By End User:
Data Centers
Industrial
Telecommunication
Commercial
BFSI
Government/Infrastructure
Other
Modular Uninterruptible Power Supply (UPS) Market Dynamics
Modular Uninterruptible Power Supply (UPS) Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Contents
1. Executive Summary
2. Modular Uninterruptible Power Supply (UPS) Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Modular Uninterruptible Power Supply (UPS) Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Modular Uninterruptible Power Supply (UPS) Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Modular Uninterruptible Power Supply (UPS): Market Segmentation
12.1. By Regions
12.1.1. North America:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Europe:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Asia-Pacific:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. MEA:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.5. Latin America:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Power Capacities: Market Share (2020-2030F)
12.2.1. 0 – 50 kVA, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. 51 – 100 kVA, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. 101 – 300 kVA, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.4. 301 and Above kVA, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3 By Organization Size: Market Share (2020-2030F)
12.3.1. Large Enterprises, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. SMEs, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4 By End User: Market Share (2020-2030F)
12.4.1. Data Centers, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.2. Industrial, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.3. Telecommunication, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.4. Commercial, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.2. BFSI, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.3. Government/Infrastructure, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.4. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13. Company Profile
13.1.1. ABB Ltd
13.1.2. Company Overview
13.1.3. Company Total Revenue (Financials)
13.1.4. Market Potential
13.1.5. Global Presence
13.1.6. Key Performance Indicators
13.1.7. SWOT Analysis
13.1.8. Product Launch
13.2. Emerson Network Power
13.3. Huawei Technologies Co. Ltd
13.4. Schneider Electric SE
13.5. General Electric
13.6. Delta Electronics Inc.
13.7. AEG Power Solutions
13.8. Riello Elettronica Group
13.9. Eaton Corporation
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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