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The Modular Uninterruptible Power Supply (UPS) marketplace is currently witnessing noteworthy trends that reflect the converting panorama of power protection answers. One distinguished trend is the increasing demand for Modular UPS structures in response to the growing reliance on virtual technology throughout various industries. As businesses go through digital differences, there's a growing need for scalable and adaptable electricity infrastructure, and Modular UPS solutions address this requirement efficaciously. This trend is propelled by the popularity of conventional, non-modular UPS systems, which may be used to preserve pace with the dynamic power needs of modern-day, digitally-driven operations.
Another giant trend shaping the Modular UPS marketplace is the emphasis on energy efficiency and sustainability. With an international awareness of environmental responsibility, groups are in search of strong safety solutions that no longer only ensure uninterrupted operations but also make contributions to power conservation. Modular UPS structures, with their modular architecture and smart electricity management capabilities, align with those sustainability goals. The ability to scale power based on demand minimizes power wastage during intervals of lower utilization, making Modular UPS an attractive choice for environmentally aware companies. Cloud computing and the proliferation of records facilities are contributing to the boom of the Modular UPS market. As more agencies migrate their operations to the cloud and spend money on information center offerings, the want for sturdy and scalable power safety becomes paramount. Modular UPS structures, with their potential to scale incrementally and integrate seamlessly with records center infrastructure, are properly placed to satisfy the evolving demands of this swiftly expanding market.
Additionally, there's a developing fashion amongst end-users to prioritize Modular UPS solutions for their price effectiveness. Businesses are recognizing the financial advantages of modular designs, letting them spend money on strength safety infrastructure incrementally, aligning with real capability requirements. This fashion reflects a shift inside the market in which organizations aren't only looking for dependable power answers but also searching for price-efficient alternatives that optimize their funding.
Modular UPS Market Highlights:
Global Modular UPS Market Overview:
Modular UPS Market Size was valued at USD 3.8 billion in 2023. The modular UPS market industry is projected to grow from USD 4.2 Billion in 2024 to USD 8.61 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.15% during the forecast period (2024 - 2032). The rapid colocation expansion and the rising adoption of cloud applications across industries are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Modular UPS Market Trends
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Rapid colocation expansion and the rising adoption of cloud applications across industries drive market growth
Modular UPS systems offer flexibility not possible with fixed-capacity UPS systems due to their ability to be reconfigured to meet load demands. The system will automatically shut down any unnecessary operations and put them into "sleep mode," which can be used to maximize operational efficiency. Modular UPS also requires less service and maintenance time. If a module needs to be replaced, a UPS service engineer can typically complete the task within 30 minutes of arrival. All these reasons contribute to the traditional vertical (tower type) structure UPS being increasingly replaced by modular UPS.
The modular UPS market will be driven by the rapid expansion of colocation and cloud services and the rising adoption of cloud applications across industries during the forecast period. The number of businesses relying on multiple large-scale applications that utilize the resources of various clouds has significantly increased over the past four years, which has resulted in significant growth in the colocation industry. Businesses expect their colocation provider to provide higher service levels to consolidate their infrastructure and integrate more cloud services as needed, creating new opportunities for the modular UPS market.
In the current market environment, the primary drivers of the modular UPS market are the least visible but most important components of contemporary information technology and communication infrastructure, such as data centers, which frequently require 100 percent uptime. The data center industry must use UPSs due to the power supply irregularities that can cause data loss, the inability to access vital services, a risk to hardware, and potential financial losses. Thus, driving the modular UPS market revenue.
Modular UPS Market Segment Insights:
Modular UPS Component Insights
The Modular UPS Market segmentation includes solution and services based on components. The solutions segment dominated the market, modular uninterruptible power supply (UPS) systems in this 51 KVA to 100 KVA range are widely used by various Banking, Financial Services, and Insurance or BFSI service providers, small and medium-sized data centers, cloud service providers, and telecommunication operators because they enable efficient maintenance, higher scalability, and enhanced services.
Figure 1: Modular UPS Market, by Components, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Modular UPS Organization Size Insights
Based on organization size, the Modular UPS Market segmentation includes large enterprises, small enterprises and medium enterprises. The large enterprises generated the most income (70.4%). Weight reduction supplements are widely available at retail pharmacies, drug stores, health and beauty stores, and department stores, fueling segment expansion. "ecosystem" refers to a group working in the construction industry. Furthermore, store-based channels always boost total customer engagement and store experience.
Modular UPS Vertical Insights
Based on vertical, the Modular UPS Market segmentation includes BFSI, healthcare, manufacturing, it & telecommunication, media & entertainment, defense, and data centers. The BFSI generated the most income. Due to the quick modernization and widespread use of the Internet in banking, financial services, and insurance services, where different data processing and services systems are connected to commercial banks to provide the best service to customers, the demand for modular uninterruptible power supply (UPS) in this industry has increased.
Modular UPS Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American modular UPS market area will dominate this market, the largest geographic market for modular UPSs. Modular UPS solutions are in high demand in the region, particularly from the IT, telecommunications, healthcare, and manufacturing industries. Due to the organizations' extensive operational footprint, there is a high demand for colocation and data center services, raising the need for modular UPS solutions. Additionally, the nearly 30 largest data center leases in North America in 2016 were signed by hyper-scale cloud service providers, according to NADC.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Modular UPS Market SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe’s modular UPS market accounts for the second-largest market share to create UPS solutions that satisfy the expanding demands of their customers' businesses, manufacturers must adapt to new technologies and market trends. One of the biggest problems facing end users is energy saving. The emphasis is on increasing Power Usage Effectiveness (PUE), particularly in the data center sector, with the flexibility to meet ever-changing demands like rising energy prices, environmental regulations, and rising power densities. Further, the German modular UPS market held the largest market share, and the UK modular UPS market was the fastest-growing market in the European region.
The Asia-Pacific Modular UPS Market is expected to grow at the fastest CAGR from 2023 to 2032. Regional government initiatives have sparked the construction of cutting-edge but dependable telecom infrastructure. APAC telecommunications and pay-TV service spending increased from USD 494 billion in 2020 to USD 505 billion in 2017, according to International Data Corporation (IDC). Spending across the globe has increased. Moreover, China’s modular UPS market held the largest market share, and the Indian modular UPS market was the fastest-growing market in the Asia-Pacific region.
Modular UPS Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the modular UPS market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The modular UPS industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global modular UPS industry to benefit clients and increase the market sector. The modular UPS industry has offered some of the most significant advantages recently. Major players in the modular UPS market, including ABB Group (Switzerland), Emerson Electric Co. (U.S.), Eaton Corporation PLC (Ireland), Huawei Technologies Co. Ltd. (China), Schneider Electric SE (France), General Electric (U.S.), Delta Electronics Inc. (Taiwan), Gamatronic Electronic Industries Ltd. (Israel), Riello Electronica Group (Italy), Tripp Lite (U.S.), are attempting to increase market demand by investing in research and development operations.
General Electric (U.S.), GE’s diverse and committed workforce, operates with the utmost integrity and dedication to fulfill its mission and satisfy its clients. The Board and our leadership team are dedicated to achieving this goal. GE brings cutting-edge solutions to the market, providing vital infrastructure for the energy, healthcare, and transportation sectors. We strive to operate with the highest standards of integrity, compliance culture, and respect for human rights while minimizing our technology's negative environmental effects. In this unprecedented period, we still do everything possible to support our clients and staff. We are extremely proud of how GE employees responded to the challenge globally. The General Electric Company (GE) is a global American corporation. GE has created the industrial future for more than 125 years. Today, GE is best known for its work in the healthcare, aviation, power, and renewable energy sectors.
Delta Electronic Inc (Taiwan), The global leader in power and thermal management solutions is Delta, established in 1971. Its mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow," focuses on important environmental issues like climate change. Power electronics, automation, and infrastructure are among Delta's business categories as a provider of energy-saving solutions, with these fields as its core competencies. For example, switching power supplies from Delta has an efficiency of over 90%, telecom power from Delta has an efficiency of up to 98 percent, and PV inverters from Delta have an efficiency of up to 99-point two percent. We also created the first server power supply in the world to be certified as 80 Plus Titanium. We regularly invest over 8% of our yearly sales revenues in R&D and have global R&D capabilities.
Key Companies in the modular UPS market include
- ABB Group (Switzerland)
- Emerson Electric Co. (U.S.)
- Eaton Corporation PLC (Ireland)
- Huawei Technologies Co. Ltd. (China)
- Schneider Electric SE (France)
- General Electric (U.S.)
- Delta Electronics Inc. (Taiwan)
- Gamatronic Electronic Industries Ltd. (Israel)
- Riello Electronica Group (Italy)
- Tripp Lite (U.S.)
Modular UPS Industry Developments
March 2022: With its industry-leading module efficiency of 97%, the company introduced the DPA 250 S4 Modular UPS, which has a low total cost of ownership and more than 30 percent lower power losses.
January 2022: ABB introduced a lithium-ion battery system ideal for various ABB uninterruptible power supply (UPS) solutions.
Modular UPS Market Segmentation:
Modular UPS Component Outlook
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Solution
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Services
Modular UPS Organization Size Outlook
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Large Enterprise
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Small Enterprise
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Medium-Sized Enterprises
Modular UPS Vertical Outlook
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BFSI
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Healthcare
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Manufacturing
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IT & Telecommunication
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Media & Entertainment
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Defense
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Data Centers
Modular UPS Regional Outlook
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North America
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US
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Canada
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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