According to the latest report by IMARC Group, titled “Data Center UPS Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global data center UPS market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global data center UPS market size reached US$ 5.71 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.51 Billion by 2027, exhibiting a growth rate (CAGR) of 6.75% during 2022-2027.
Data center uninterruptible power supply or data center UPS represents enhanced electrical apparatus that offer battery backup by automatically activating during an event of outages, power disruption, and voltage fluctuations. They function by changing alternating current (AC) into direct current (DC) power utilizing a rectifier.
Data center UPS systems help suppress energy surges to control equipment damage, maintain the infrastructure until consistent power returns, and eliminate the operational disturbances caused by fluctuations. They even improve energy efficiency, minimize power consumption, and offer high power performance and scalability to cater to power requirements. Consequently, data center UPS devices find extensive applications across numerous sectors, such as banking, manufacturing, information technology, energy, healthcare, government, entertainment, media, etc.
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What Are The Key Factors Driving In The Data Center Ups Market:
The escalating requirement for several online services and the expanding adoption of the internet of things (IoT) and cloud computing solutions across small and medium-sized enterprises are primarily driving the data center UPS market.In addition to this, the increasing product usage in the banking segment, on account of the inflating demand for online contactless payment solutions, is also positively influencing the global market.
Apart from this, the elevating instances of utility power anomalies and failures that have heightened the dependence on data centers to facilitate reliable electrical structure, topology, and power solutions are acting as another significant growth-inducing factor. Moreover, the rising installment of UPS in the media and entertainment industry to circulate over-the-top (OTT) content is further catalyzing the global market. Besides this, the growing acceptance of cloud servers to promote the smooth functioning of equipment are anticipated to propel the data center UPS market over the forecasted period.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
BCR Environmental, Burch Hydro Inc, Cambi ASA, Casella Waste Systems Inc., Cleanaway Waste Management Limited, EnGlobe Corp., Lystek International, Merrell Bros. Inc., Recyc Systems Inc., Remondis SE & Co. KG (Rethmann SE & Co. KG), SYLVIS, Synagro Technologies and Walker Industries.
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Component Type:
- Solution
- Standby UPS
- Line Interactive UPS
- Double Conversion Online UPS
- Others
- Services
- Managed
- Professional
Breakup by Battery Technology:
- Lithium-Ion
- Flywheel
- VRLA
Breakup by Capacity:
- Less than or Equal to 500 kVA
- 500 kVA-1000 kVA
- More than 1000 kVA
Breakup by Tier Type:
- TIER I and II
- TIER III
- TIER IV
Breakup by Data Center Size:
- Small Data Centers
- Medium Data Centers
- Large Data Centers
Breakup by End Use Vertical:
- Banking and Financial Services
- Manufacturing
- Information Technology
- Energy
- Healthcare
- Government
- Entertainment and Media
- Others
Breakup by End-Use Sector:
- Utility
- Residential
- Commercial and Industrial
Based on the end-use sector, the report finds that the utility sector dominates the market. There are many ongoing development projects undertaken by various nations, which require a continuous flow of electricity. Owing to this, there is a rising demand for power inverters in this sector
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