PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1664172
PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1664172
Industrial UPS Market - Global Outlook & Forecast 2024-2029
The global industrial UPS market is expected to grow at a CAGR of 6.02% from 2023 to 2029.
MARKET TRENDS & OPPORTUNITIES
Integration With Renewable Energy
As society transitions to a zero-carbon electricity grid, the role of smart UPS is growing. Advances in communication protocols, management software, and battery technologies enable modern UPS systems to interact with local power networks. They can either draw power from the grid or supply battery power to help stabilize the grid, balancing demand and supply. Common applications include frequency stabilization and peak shaving, which reduce reliance on the mains supply. This turns UPS systems from passive backup solutions into dynamic "virtual power plants" supporting grid stability. For instance, SOLARCRAFT, INC. offers MultiGen Hybrid Electric Power Hub a versatile power solution designed for industrial applications, offering dual power sourcing via an integrated solar array and a propane-fueled generator. It delivers 24VDC, 48VDC, 120VAC, and 240VAC outputs, with 3-phase options, supporting large single-voltage or small multi-voltage loads. Featuring optional high-density Lithium LiFePO4 batteries, remote monitoring for fuel and battery status, and sizes from 10kVA to 90kVA, the MultiGen ensures reliable operation even in severe cold. By integrating renewable energy with reliable backup, the company products change the industrial UPS market, offering a cleaner, more efficient alternative to conventional, generator-dependent systems.
High Energy Demand
The increasing global demand for energy, driven by factors such as industrial expansion, and the widespread digitalization of businesses, has significantly impacted various sectors, including manufacturing, information technology, and critical infrastructure. According to ENERGY STAR, new energy-efficient UPSs typically range from 92% to 95% efficiency, while older models can be below 90%. For example, the Eaton Energy Saver System claims 99% efficiency. This efficiency reflects how much incoming power is used to supply the load, with losses attributed to the UPS operation. A 90% efficient UPS means 10% of the incoming power is lost. ENERGY STAR-certified UPSs can reduce energy losses by 30%-55% compared to standard models. A 1000 kVA UPS in a large data center can save $18,000 annually. A 15,000-square-foot data center operating at 100 watts per square foot, using 13,140 MWh annually, could save $90,000 if its UPS system improves from 90% to 95% efficiency, reducing energy consumption by 768,421 kWh at a rate of $0.12/kWh, plus further savings from reduced cooling load.
INDUSTRIAL RESTRAINTS
Rising Raw Material Cost
The rising raw material prices for industrial UPS present a significant challenge to manufacturers, suppliers, and end-users alike. This issue is multifaceted, encompassing a range of economic, environmental, and technological factors that contribute to the increased costs of production. Key materials used in UPS systems, such as aluminum, lithium, steel, and plastics, have experienced significant price hikes in recent years. Copper, for example, is widely used in the wiring and transformers of industrial UPS systems, while aluminum plays a crucial role in the construction of heat exchangers and enclosures. Similarly, the rising costs of steel and plastics affect the manufacturing of UPS cabinets and other structural components.
In addition, the semiconductor industry faces a growing skilled manpower shortage, with a projected global shortfall exceeding 1 million by 2030. Currently, there is an average monthly gap of 27,000 workers, a 44% rise from last year. In the U.S. alone, 100,000 additional workers are needed by 2025 to support new fab facilities. As the skilled labor shortage continues, wages in semiconductor manufacturing will likely rise, increasing operational costs. These higher costs may trickle down to the UPS market, as manufacturers face higher energy demands and the need for more complex, high-performance backup systems.
SEGMENTATION INSIGHTS
INSIGHTS BY TYPE
The global industrial UPS market by type is segmented into online/double conversion, line-interactive, and standby/offline. The online/double conversion UPS segment dominates the global industrial UPS market, due to its superior performance in providing uninterrupted power and advanced protection against all types of power disturbances, including surges, sags, and blackouts. These systems utilize double-conversion technology, ensuring a continuous, clean power supply, making them indispensable in critical industrial operations such as data centers, manufacturing plants, and healthcare facilities. The rising demand for precision equipment and the growing reliance on automation and IoT-enabled systems further propel the adoption of online UPS solutions. Their ability to handle high power capacities, paired with their adaptability to harsh industrial environments, ensures sustained market growth.
Segmentation by Type
- Online/Double Conversion
- Line-interactive
- Standby/Offline
INSIGHTS BY APPLICATION
The global industrial UPS market by application is segmented into data center & telecom, manufacturing, healthcare, transportation, oil & gas, and others. Telecom and data center UPS sectors dominate the application segment in the global market due to their critical need for uninterrupted power supply. These industries rely heavily on continuous uptime to ensure data integrity, communication reliability, and operational efficiency. Power disruptions can lead to significant data loss, equipment damage, and service downtime, making robust UPS systems essential for safeguarding infrastructure. As the demand for digital services, cloud computing, and telecommunication networks grows, the need for reliable and scalable UPS solutions in these sectors remains high, driving their dominance in the market.
Segmentation by Application
- Data Center & Telecom
- Manufacturing
- Healthcare
- Transportation
- Oil & Gas
- Others
INSIGHTS BY POWER RATING
The above 500 KVA holds the most significant share of the global industrial UPS market and stands out as the fastest-growing category within the market. The segment caters to large-scale industrial operations such as manufacturing plants, data centers, and energy-intensive industries like oil and gas, where uninterrupted power is critical to avoid operational downtimes and ensure safety. The demand in this segment is driven by the increasing adoption of automation, reliance on high-capacity data centers, and stringent regulatory requirements for power reliability. The high capital expenditure for these systems is offset by their ability to provide robust power solutions and high efficiency, making them an attractive investment for major players. Additionally, technological advancements such as modular designs and enhanced battery management systems contribute to their widespread adoption.
Segmentation by Power Rating
- Above 500 KVA
- 60 KVA to 500 KVA
- Below 60 KVA
GEOGRAPHICAL ANALYSIS
North America is one of the leading regions in the industrial UPS market, primarily due to the robust industrial infrastructure, high adoption rates of advanced technologies, and stringent government regulations regarding power reliability. The U.S., in particular, is a key market for industrial UPS systems, owing to the large number of data centers, manufacturing facilities, and healthcare institutions requiring continuous power for their operations. The presence of major UPS manufacturers such as Eaton and Schneider Electric also bolsters the market in this region. The APAC region is experiencing rapid growth in the industrial UPS market, driven by the expansion of industries such as electronics, automotive, manufacturing, and energy. Countries like China, India, Japan, and South Korea are key players in this region, with China being the largest market due to its significant industrial and manufacturing activities. The increasing demand for uninterrupted power supply to support industrial automation, digitalization, and the growing number of data centers is a major factor driving the market.
Europe is a mature market for industrial UPS systems, with high demand across sectors like automotive, manufacturing, energy, and telecommunications. Additionally, the push towards Industry 4.0 and sustainable manufacturing practices has increased the need for highly reliable power backup systems. The Middle East and Africa region is also witnessing a growing demand for industrial UPS systems, particularly in the Middle East due to the rapid expansion of industries like oil and gas, construction, and utilities. Countries like Saudi Arabia, the UAE, and South Africa have significant energy infrastructure needs, which drives UPS adoption to ensure power continuity. The Latin American industrial UPS market is still developing, with growth driven by countries like Brazil, Mexico, and Argentina. In this region, UPS adoption is primarily driven by the need for reliable power in sectors such as mining, oil and gas, manufacturing, and telecommunications.
Segmentation by Geography
- North America
- The U.S.
- Canada
- Europe
- Germany
- The U.K.
- France
- Italy
- Spain
- Switzerland
- Poland
- APAC
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Singapore
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Latin America
- Brazil
- Mexico
- Colombia
COMPETITIVE LANDSCAPE
The industrial UPS market is fragmented, with a mix of well-established global companies and emerging regional players competing for market share. The key players such as Schneider Electric, Eaton Corporation, Vertiv, and others dominate the market due to their comprehensive product portfolios, advanced technological solutions, and strong brand presence. These companies offer a range of UPS systems, from small-scale, low-capacity models to large, high-capacity systems that support critical infrastructure and industrial operations.
The market is also experiencing competition from regional players who offer specialized solutions for local needs, often at more competitive prices. For instance, players in the APAC region, particularly in countries like China and India, are offering cost-effective UPS solutions tailored to the local industrial and infrastructural demands. These companies often compete on price and value, providing affordable yet reliable systems to meet the needs of SMEs and smaller industrial players. Additionally, these regional players are also capitalizing on growing demand from sectors such as renewable energy, healthcare, and telecommunications, where uninterrupted power supply is crucial.
Recent Developments in the Global Industrial UPS Market
- In 2023, Kehua Tech successfully supported the 31st FISU World University Games in Chengdu, China, providing over 700 units of MR and KR Series UPS to ensure reliable power for key venues, including the opening and closing ceremonies, media centers, and hotels. This exposure helped strengthen its market presence and build trust with potential clients in diverse sectors.
- Riello UPS will showcase its energy-efficient solutions at DCN Riyadh 2025, with Dr. Antonio Coccia presenting on optimizing UPS systems for maximum performance and sustainability. The event will bring together 750+ decision-makers, focusing on the future of data center infrastructure. The company increases its brand awareness among consumers.
- In January 2024, EPI launched the "Modular Data Center Standard" (MDCS) to standardize and enhance sustainability in modular data center construction. Huawei Digital Power Technologies Co., Ltd is actively contributing to this initiative, driving innovation and growth in the sector.
Key Company Profiles
- Delta Electronics, Inc.
- Eaton
- Huawei Digital Power Technologies Co., Ltd
- Kehua Tech
- Riello Elettronica
- Schneider Electric
- Shenzhen Kstar Science&Technology Co., Ltd
- Vertiv Group Corp
Other Prominent Vendors
- ABB
- AEG Power Solutions
- AMETEK Solidstate Controls
- Benning Elektrotechnik
- BPC ENERGY LTD
- Centiel
- Chloride
- Cyber Power Systems, Inc.
- Enertechups
- Eram Power Electronics Company
- EximPower
- Falcon Electric, Inc
- Fuji Electric
- Fujitsu
- Guangdong Prostar New Energy Technology Co., Ltd.
- Gustav Klein
- Hitachi Hi-Rel Power Electronics Private Limited
- KUKJE ELECTRIC. MFG. CO., LTD.
- Legrand
- Mitsubishi Electric Power Products Inc
- Numax Energy Solutions
- Piller Power Systems
- SANTAK
- Siemens AG
- SOCOMEC, Inc.
- SOLARCRAFT, INC.
- STATRON AG
- Su-kam
- Su-vastika
- Toshiba Corporation
KEY QUESTIONS ANSWERED:
1. How big is the global industrial UPS market?
2. Which region dominates the global industrial UPS market share?
3. What are the significant trends in the industrial UPS market?
4. What is the growth rate of the global industrial UPS market?
5. Who are the key players in the global industrial UPS market?
TABLE OF CONTENTS
1. SCOPE & COVERAGE
- 1.1. MARKET DEFINITION
- 1.1.1. INCLUSIONS
- 1.1.2. EXCLUSIONS
- 1.1.3. MARKET ESTIMATION CAVEATS
- 1.2. SEGMENTS COVERED & DEFINITION
- 1.1.1 MARKET SEGMENTATION BY TYPE
- 1.1.2 MARKET SEGMENTATION BY APPLICATION
- 1.1.3 MARKET SEGMENTATION BY POWER RATING
- 1.1.4 REGIONS & COUNTRIES COVERED
- 1.3. MARKET DERIVATION
- 1.3.1. HISTORIC, BASE, & FORECAST YEARS
2. PREMIUM INSIGHTS
- 2.1. OPPORTUNITY POCKETS
- 2.1.1. MARKET MATURITY INDICATOR
- 2.1.2. REGIONAL INSIGHTS
- 2.2. MARKET DEFINITION
- 2.3. REPORT OVERVIEW
- 2.4. OPPORTUNITIES & CHALLENGE ANALYSIS
- 2.5. SEGMENT ANALYSIS
- 2.6. REGIONAL ANALYSIS
- 2.7. COMPETITIVE LANDSCAPE
- 2.8. RECENT DEVELOPMENT
- 2.9. KEY QUESTIONS ANSWERED
3. MARKET AT A GLANCE
4. INTRODUCTION
- 4.1. OVERVIEW
- 4.1.1. FUTURE TRENDS IN THE UPS
- 4.2. INTERNATIONAL STANDARDS FOR INDUSTRIAL UPS
- 4.3. RECENT DEVELOPMENT IN INDUSTRIAL UPS
5. MARKET OPPORTUNITIES & TRENDS
- 5.1. ADOPTION OF LI-ION BATTERIES IN UPS
- 5.2. SHIFT TOWARD MODULAR UPS SYSTEMS
- 5.3. INTEGRATION WITH RENEWABLE ENERGY
6. MARKET GROWTH ENABLERS
- 6.1. EXPANDING INDUSTRIALIZATION IN EMERGING MARKET
- 6.2. EXPANSION OF DATA CENTERS
- 6.3. GROWING NEED FOR RENEWABLE ENERGY
- 6.4. HIGH ENERGY DEMAND
7. MARKET RESTRAINTS
- 7.1. HIGH INITIAL COSTS
- 7.2. RISING RAW MATERIAL COST
8. MARKET LANDSCAPE
- 8.1. MARKET OVERVIEW
- 8.2. DEMAND INSIGHTS
- 8.3. MARKET SIZE & FORECAST
- 8.4. FIVE FORCES ANALYSIS
- 8.4.1. THREAT OF NEW ENTRANTS
- 8.4.2. BARGAINING POWER OF SUPPLIERS
- 8.4.3. BARGAINING POWER OF BUYERS
- 8.4.4. THREAT OF SUBSTITUTES
- 8.4.5. COMPETITIVE RIVALRY
9. TYPE
- 9.1. MARKET SNAPSHOT & GROWTH ENGINE
- 9.2. MARKET OVERVIEW
- 9.3. ONLINE/DOUBLE-CONVERSION
- 9.3.1. MARKET OVERVIEW
- 9.3.2. MARKET SIZE & FORECAST
- 9.3.3. MARKET BY GEOGRAPHY
- 9.4. LINE-INTERACTIVE
- 9.4.1. MARKET OVERVIEW
- 9.4.2. MARKET SIZE & FORECAST
- 9.4.3. MARKET BY GEOGRAPHY
- 9.5. STANDBY/OFFLINE
- 9.5.1. MARKET OVERVIEW
- 9.5.2. MARKET SIZE & FORECAST
- 9.5.3. MARKET BY GEOGRAPHY
10. APPLICATION
- 10.1. MARKET SNAPSHOT & GROWTH ENGINE
- 10.2. MARKET OVERVIEW
- 10.3. DATA CENTER & TELECOM
- 10.3.1. MARKET OVERVIEW
- 10.3.2. MARKET SIZE & FORECAST
- 10.3.3. MARKET BY GEOGRAPHY
- 10.4. MANUFACTURING
- 10.4.1. MARKET OVERVIEW
- 10.4.2. MARKET SIZE & FORECAST
- 10.4.3. MARKET BY GEOGRAPHY
- 10.5. HEALTHCARE
- 10.5.1. MARKET OVERVIEW
- 10.5.2. MARKET SIZE & FORECAST
- 10.5.3. MARKET BY GEOGRAPHY
- 10.6. TRANSPORTATION
- 10.6.1. MARKET OVERVIEW
- 10.6.2. MARKET SIZE & FORECAST
- 10.6.3. MARKET BY GEOGRAPHY
- 10.7. OIL & GAS
- 10.7.1. MARKET OVERVIEW
- 10.7.2. MARKET SIZE & FORECAST
- 10.7.3. MARKET BY GEOGRAPHY
- 10.8. OTHERS
- 10.8.1. MARKET OVERVIEW
- 10.8.2. MARKET SIZE & FORECAST
- 10.8.3. MARKET BY GEOGRAPHY
11. POWER RATING
- 11.1. MARKET SNAPSHOT & GROWTH ENGINE
- 11.2. MARKET OVERVIEW
- 11.3. ABOVE 500 KVA
- 11.3.1. MARKET OVERVIEW
- 11.3.2. MARKET SIZE & FORECAST
- 11.3.3. MARKET BY GEOGRAPHY
- 11.4. 60 KVA TO 500 KVA
- 11.4.1. MARKET OVERVIEW
- 11.4.2. MARKET SIZE & FORECAST
- 11.4.3. MARKET BY GEOGRAPHY
- 11.5. BELOW 60 KVA
- 11.5.1. MARKET OVERVIEW
- 11.5.2. MARKET SIZE & FORECAST
- 11.5.3. MARKET BY GEOGRAPHY
12. GEOGRAPHY
- 12.1. MARKET SNAPSHOT & GROWTH ENGINE
- 12.2. GEOGRAPHIC OVERVIEW
13. NORTH AMERICA
- 13.1. MARKET OVERVIEW
- 13.2. MARKET SIZE & FORECAST
- 13.3. APPLICATION
- 13.3.1. MARKET SIZE & FORECAST
- 13.4. TYPE
- 13.4.1. MARKET SIZE & FORECAST
- 13.5. POWER RATING
- 13.5.1. MARKET SIZE & FORECAST
- 13.6. KEY COUNTRIES
- 13.7. US: MARKET SIZE & FORECAST
- 13.8. CANADA: MARKET SIZE & FORECAST
14. EUROPE
- 14.1. MARKET OVERVIEW
- 14.2. MARKET SIZE & FORECAST
- 14.3. APPLICATION
- 14.3.1. MARKET SIZE & FORECAST
- 14.4. TYPE
- 14.4.1. MARKET SIZE & FORECAST
- 14.5. POWER RATING
- 14.5.1. MARKET SIZE & FORECAST
- 14.6. KEY COUNTRIES
- 14.7. GERMANY: MARKET SIZE & FORECAST
- 14.8. UK: MARKET SIZE & FORECAST
- 14.9. FRANCE: MARKET SIZE & FORECAST
- 14.10. ITALY: MARKET SIZE & FORECAST
- 14.11. SPAIN: MARKET SIZE & FORECAST
- 14.12. SWITZERLAND: MARKET SIZE & FORECAST
- 14.13. POLAND: MARKET SIZE & FORECAST
15. APAC
- 15.1. MARKET OVERVIEW
- 15.2. MARKET SIZE & FORECAST
- 15.3. APPLICATION
- 15.3.1. MARKET SIZE & FORECAST
- 15.4. TYPE
- 15.4.1. MARKET SIZE & FORECAST
- 15.5. POWER RATING
- 15.5.1. MARKET SIZE & FORECAST
- 15.6. KEY COUNTRIES
- 15.7. CHINA: MARKET SIZE & FORECAST
- 15.8. JAPAN: MARKET SIZE & FORECAST
- 15.9. INDIA: MARKET SIZE & FORECAST
- 15.10. SOUTH KOREA: MARKET SIZE & FORECAST
- 15.11. AUSTRALIA: MARKET SIZE & FORECAST
- 15.12. INDONESIA: MARKET SIZE & FORECAST
- 15.13. SINGAPORE: MARKET SIZE & FORECAST
16. MIDDLE EAST & AFRICA
- 16.1. MARKET OVERVIEW
- 16.2. MARKET SIZE & FORECAST
- 16.3. APPLICATION
- 16.3.1. MARKET SIZE & FORECAST
- 16.4. TYPE
- 16.4.1. MARKET SIZE & FORECAST
- 16.5. POWER RATING
- 16.5.1. MARKET SIZE & FORECAST
- 16.6. KEY COUNTRIES
- 16.7. UAE: MARKET SIZE & FORECAST
- 16.8. SAUDI ARABIA: MARKET SIZE & FORECAST
- 16.9. SOUTH AFRICA: MARKET SIZE & FORECAST
17. LATIN AMERICA
- 17.1. MARKET OVERVIEW
- 17.2. MARKET SIZE & FORECAST
- 17.3. APPLICATION
- 17.3.1. MARKET SIZE & FORECAST
- 17.4. TYPE
- 17.4.1. MARKET SIZE & FORECAST
- 17.5. POWER RATING
- 17.5.1. MARKET SIZE & FORECAST
- 17.6. KEY COUNTRIES
- 17.7. BRAZIL: MARKET SIZE & FORECAST
- 17.8. MEXICO: MARKET SIZE & FORECAST
- 17.9. ARGENTINA: MARKET SIZE & FORECAST
18. COMPETITIVE LANDSCAPE
- 18.1. COMPETITION OVERVIEW
- 18.2. MARKET SHARE ANALYSIS
19. KEY COMPANY PROFILES
- 19.1. DELTA ELECTRONICS INC.
- 19.1.1. BUSINESS OVERVIEW
- 19.1.2. PRODUCT OFFERINGS
- 19.1.3. KEY STRATEGIES
- 19.1.4. KEY STRENGTHS
- 19.1.5. KEY OPPORTUNITIES
- 19.2. EATON
- 19.2.1. BUSINESS OVERVIEW
- 19.2.2. PRODUCT OFFERINGS
- 19.2.3. KEY STRATEGIES
- 19.2.4. KEY STRENGTHS
- 19.2.5. KEY OPPORTUNITIES
- 19.3. HUAWEI TECHNOLOGIES CO. LTD
- 19.3.1. BUSINESS OVERVIEW
- 19.3.2. PRODUCT OFFERINGS
- 19.3.3. KEY STRATEGIES
- 19.3.4. KEY STRENGTHS
- 19.3.5. KEY OPPORTUNITIES
- 19.4. KEHUA TECH
- 19.4.1. BUSINESS OVERVIEW
- 19.4.2. PRODUCT OFFERINGS
- 19.4.3. KEY STRATEGIES
- 19.4.4. KEY STRENGTHS
- 19.4.5. KEY OPPORTUNITIES
- 19.5. RIELLO ELETTRONICA
- 19.5.1. BUSINESS OVERVIEW
- 19.5.2. PRODUCT OFFERINGS
- 19.5.3. KEY STRATEGIES
- 19.5.4. KEY STRENGTHS
- 19.5.5. KEY OPPORTUNITIES
- 19.6. SCHNEIDER ELECTRIC
- 19.6.1. BUSINESS OVERVIEW
- 19.6.2. PRODUCT OFFERINGS
- 19.6.3. KEY STRATEGIES
- 19.6.4. KEY STRENGTHS
- 19.6.5. KEY OPPORTUNITIES
- 19.7. SHENZHEN KSTAR SCIENCE&TECHNOLOGY CO. LTD
- 19.7.1. BUSINESS OVERVIEW
- 19.7.2. PRODUCT OFFERINGS
- 19.7.3. KEY STRATEGIES
- 19.7.4. KEY STRENGTHS
- 19.7.5. KEY OPPORTUNITIES
- 19.8. VERTIV GROUP CORP
- 19.8.1. BUSINESS OVERVIEW
- 19.8.2. PRODUCT OFFERINGS
- 19.8.3. KEY STRATEGIES
- 19.8.4. KEY STRENGTHS
- 19.8.5. KEY OPPORTUNITIES
20. OTHER PROMINENT VENDORS
- 20.1. ABB
- 20.1.1. BUSINESS OVERVIEW
- 20.1.2. PRODUCT OFFERINGS
- 20.2. AEG POWER SOLUTIONS
- 20.2.1. BUSINESS OVERVIEW
- 20.2.2. PRODUCT OFFERINGS
- 20.3. AMETEK SOLIDSTATE CONTROLS
- 20.3.1. BUSINESS OVERVIEW
- 20.3.2. PRODUCT OFFERINGS
- 20.4. BENNING ELEKTROTECHNIK
- 20.4.1. BUSINESS OVERVIEW
- 20.4.2. PRODUCT OFFERINGS
- 20.5. BPC ENERGY LTD
- 20.5.1. BUSINESS OVERVIEW
- 20.5.2. PRODUCT OFFERINGS
- 20.6. CENTIEL
- 20.6.1. BUSINESS OVERVIEW
- 20.6.2. PRODUCT OFFERINGS
- 20.7. CHLORIDE
- 20.7.1. BUSINESS OVERVIEW
- 20.7.2. PRODUCT OFFERINGS
- 20.8. CYBER POWER SYSTEMS INC.
- 20.8.1. BUSINESS OVERVIEW
- 20.8.2. PRODUCT OFFERINGS
- 20.9. ENERTECHUPS
- 20.9.1. BUSINESS OVERVIEW
- 20.9.2. PRODUCT OFFERINGS
- 20.10. ERAM POWER ELECTRONICS COMPANY
- 20.10.1. BUSINESS OVERVIEW
- 20.10.2. PRODUCT OFFERINGS
- 20.11. EXIMPOWER
- 20.11.1. BUSINESS OVERVIEW
- 20.11.2. PRODUCT OFFERINGS
- 20.12. FALCON ELECTRIC INC
- 20.12.1. BUSINESS OVERVIEW
- 20.12.2. PRODUCT OFFERINGS
- 20.13. FUJI ELECTRIC
- 20.13.1. BUSINESS OVERVIEW
- 20.13.2. PRODUCT OFFERINGS
- 20.14. FUJITSU
- 20.14.1. BUSINESS OVERVIEW
- 20.14.2. PRODUCT OFFERINGS
- 20.15. GUANGDONG PROSTAR NEW ENERGY TECHNOLOGY CO. LTD.
- 20.15.1. BUSINESS OVERVIEW
- 20.15.2. PRODUCT OFFERINGS
- 20.16. GUSTAV KLEIN
- 20.16.1. BUSINESS OVERVIEW
- 20.16.2. PRODUCT OFFERINGS
- 20.17. HITACHI HI-REL POWER ELECTRONICS PRIVATE LTD
- 20.17.1. BUSINESS OVERVIEW
- 20.17.2. PRODUCT OFFERINGS
- 20.18. KUKJE ELETRIC MFG. CO. LTD
- 20.18.1. BUSINESS OVERVIEW
- 20.18.2. PRODUCT OFFERINGS
- 20.19. LEGRAND
- 20.19.1. BUSINESS OVERVIEW
- 20.19.2. PRODUCT OFFERINGS
- 20.20. MITSUBISHI ELECTRIC POWER PRODUCTS INC
- 20.20.1. BUSINESS OVERVIEW
- 20.20.2. PRODUCT OFFERINGS
- 20.21. NUMAX ENERGY SOLUTIONS
- 20.21.1. BUSINESS OVERVIEW
- 20.21.2. PRODUCT OFFERINGS
- 20.22. PILLER POWER SYSTEMS
- 20.22.1. BUSINESS OVERVIEW
- 20.22.2. PRODUCT OFFERINGS
- 20.23. SANTAK
- 20.23.1. BUSINESS OVERVIEW
- 20.23.2. PRODUCT OFFERINGS
- 20.24. SIEMENS AG
- 20.24.1. BUSINESS OVERVIEW
- 20.24.2. PRODUCT OFFERINGS
- 20.25. SOCOMEC INC.
- 20.25.1. BUSINESS OVERVIEW
- 20.25.2. PRODUCT OFFERINGS
- 20.26. SOLARCRAFT INC.
- 20.26.1. BUSINESS OVERVIEW
- 20.26.2. PRODUCT OFFERINGS
- 20.27. STATRON AG
- 20.27.1. BUSINESS OVERVIEW
- 20.27.2. PRODUCT OFFERINGS
- 20.28. SU-KAM
- 20.28.1. BUSINESS OVERVIEW
- 20.28.2. PRODUCT OFFERINGS
- 20.29. SU-VASTIKA
- 20.29.1. BUSINESS OVERVIEW
- 20.29.2. PRODUCT OFFERINGS
- 20.30. TOSHIBA CORPORATION
- 20.30.1. BUSINESS OVERVIEW
- 20.30.2. PRODUCT OFFERINGS
21. REPORT SUMMARY
- 21.1. KEY TAKEAWAYS
- 21.2. STRATEGIC RECOMMENDATIONS
22. QUANTITATIVE SUMMARY
- 22.1. MARKET BY GEOGRAPHY
- 22.2. APPLICATION: MARKET SIZE & FORECAST
- 22.3. TYPE: MARKET SIZE & FORECAST
- 22.4. POWER RATING: MARKET SIZE & FORECAST
23. APPENDIX
- 23.1. RESEARCH METHODOLOGY
- 23.2. RESEARCH PROCESS
- 23.3. REPORT ASSUMPTIONS & CAVEATS
- 23.3.1. KEY CAVEATS
- 23.3.2. CURRENCY CONVERSION
- 23.4. ABBREVIATIONS
LIST OF EXHIBITS
- EXHIBIT 1 MARKET SIZE CALCULATION APPROACH 2023
- EXHIBIT 2 IMPACT OF ADOPTION OF LI-ION BATTERIES IN UPS
- EXHIBIT 3 IMPACT OF SHIFT TOWARD MODULAR UPS SYSTEMS
- EXHIBIT 4 IMPACT OF INTEGRATION WITH RENEWABLE ENERGY
- EXHIBIT 5 IMPACT OF EXPANDING INDUSTRIALIZATION IN EMERGING MARKET
- EXHIBIT 6 IMPACT OF EXPANSION OF DATA CENTERS
- EXHIBIT 7 IMPACT OF GROWING NEED FOR RENEWABLE ENERGY
- EXHIBIT 8 IMPACT OF HIGH ENERGY DEMAND
- EXHIBIT 9 IMPACT OF HIGH INITIAL COSTS
- EXHIBIT 10 IMPACT OF RISING RAW MATERIAL COST
- EXHIBIT 11 STEEL PRICE FLUCTUATION JANUARY, 2024 TO NOVEMBER, 2024 (CNY/T)
- EXHIBIT 12 ALUMINUM PRICE FLUCTUATION JANUARY, 2024 TO NOVEMBER, 2024 (USD/T)
- EXHIBIT 13 DEMAND DRIVING FACTORS FOR THE INDUSTRIAL UPS
- EXHIBIT 14 GLOBAL INDUSTRIAL UPS MARKET 2023-2029 ($ MILLION)
- EXHIBIT 15 FIVE FORCES ANALYSIS 2023
- EXHIBIT 16 INCREMENTAL GROWTH BY TYPE 2023 & 2029
- EXHIBIT 17 GLOBAL INDUSTRIAL UPS MARKET BY TYPE 2023 & 2029 (% SHARE)
- EXHIBIT 18 GLOBAL ONLINE/DOUBLE-CONVERSION INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 19 GLOBAL LINE-INTERACTIVE INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 20 GLOBAL STANDBY INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 21 INCREMENTAL GROWTH BY APPLICATION 2023 & 2029
- EXHIBIT 22 MARKET SHARE OF INDUSTRIAL UPS MARKET BY APPLICATION 2023 AND 2029 (%)
- EXHIBIT 23 GLOBAL DATA CENTER & TELECOM INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 24 GLOBAL MANUFACTURING INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 25 GLOBAL HEALTHCARE INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 26 GLOBAL TRANSPORTATION INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 27 GLOBAL OIL AND GAS INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 28 GLOBAL OTHERS INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 29 INCREMENTAL GROWTH BY POWER RATING 2023 & 2029
- EXHIBIT 30 GLOBAL INDUSTRIAL UPS MARKET BY POWER RATING 2023 & 2029 (% SHARE)
- EXHIBIT 31 GLOBAL ABOVE 500 KVA INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 32 GLOBAL 60 KVA TO 500 KVA INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 33 GLOBAL BELOW 60 KVA INDUSTRIAL UPS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 34 INCREMENTAL GROWTH BY GEOGRAPHY 2023 & 2029
- EXHIBIT 35 MARKET SHARE OF INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023 AND 2029 (%)
- EXHIBIT 36 MARKET SHARE OF INDUSTRIAL UPS MARKET BY NORTH AMERICA COUNTRY 2023 AND 2029 (%)
- EXHIBIT 37 INDUSTRIAL UPS MARKET IN NORTH AMERICA 2020-2029 ($ MILLION)
- EXHIBIT 38 INCREMENTAL GROWTH IN NORTH AMERICA 2023 & 2029
- EXHIBIT 39 INDUSTRIAL UPS MARKET IN US 2020-2029 ($ MILLION)
- EXHIBIT 40 INDUSTRIAL UPS MARKET IN CANADA 2020-2029 ($ MILLION)
- EXHIBIT 41 INDUSTRIAL UPS MARKET IN EUROPE 2020-2029 ($ MILLION)
- EXHIBIT 42 INCREMENTAL GROWTH IN EUROPE 2023 & 2029
- EXHIBIT 43 INDUSTRIAL UPS MARKET IN GERMANY 2020-2029 ($ MILLION)
- EXHIBIT 44 INDUSTRIAL UPS MARKET IN UK 2020-2029 ($ MILLION)
- EXHIBIT 45 INDUSTRIAL UPS MARKET IN FRANCE 2020-2029 ($ MILLION)
- EXHIBIT 46 INDUSTRIAL UPS MARKET IN ITALY 2020-2029 ($ MILLION)
- EXHIBIT 47 INDUSTRIAL UPS MARKET IN SPAIN 2020-2029 ($ MILLION)
- EXHIBIT 48 NUMBER OF DEVELOPER BIOTECH COMPANIES IN SWITZERLAND 2014 TO 2023
- EXHIBIT 49 INDUSTRIAL UPS MARKET IN SWITZERLAND 2020-2029 ($ MILLION)
- EXHIBIT 50 INDUSTRIAL UPS MARKET IN POLAND 2020-2029 ($ MILLION)
- EXHIBIT 51 INDUSTRIAL UPS MARKET IN APAC 2020-2029 ($ MILLION)
- EXHIBIT 52 INCREMENTAL GROWTH IN APAC 2023 & 2029
- EXHIBIT 53 INDUSTRIAL UPS MARKET IN CHINA 2020-2029 ($ MILLION)
- EXHIBIT 54 INDUSTRIAL UPS MARKET IN JAPAN 2020-2029 ($ MILLION)
- EXHIBIT 55 INDUSTRIAL UPS MARKET IN INDIA 2020-2029 ($ MILLION)
- EXHIBIT 56 INDUSTRIAL UPS MARKET IN SOUTH KOREA 2020-2029 ($ MILLION)
- EXHIBIT 57 INDUSTRIAL UPS MARKET IN AUSTRALIA 2020-2029 ($ MILLION)
- EXHIBIT 58 INDUSTRIAL UPS MARKET IN INDONESIA 2020-2029 ($ MILLION)
- EXHIBIT 59 INDUSTRIAL UPS MARKET IN SINGAPORE 2020-2029 ($ MILLION)
- EXHIBIT 60 INDUSTRIAL UPS MARKET IN THE MEA 2020-2029 ($ MILLION)
- EXHIBIT 61 INCREMENTAL GROWTH IN MIDDLE EAST & AFRICA 2023 & 2029
- EXHIBIT 62 INDUSTRIAL UPS MARKET IN UAE 2020-2029 ($ MILLION)
- EXHIBIT 63 INDUSTRIAL UPS MARKET IN SAUDI ARABIA 2020-2029 ($ MILLION)
- EXHIBIT 64 INDUSTRIAL UPS MARKET IN SOUTH AFRICA 2020-2029 ($ MILLION)
- EXHIBIT 65 INDUSTRIAL UPS MARKET IN LATIN AMERICA 2020-2029 ($ MILLION)
- EXHIBIT 66 INCREMENTAL GROWTH IN LATIN AMERICA 2023 & 2029
- EXHIBIT 67 INDUSTRIAL UPS MARKET IN BRAZIL 2020-2029 ($ MILLION)
- EXHIBIT 68 INDUSTRIAL UPS MARKET IN MEXICO 2020-2029 ($ MILLION)
- EXHIBIT 69 INDUSTRIAL UPS MARKET IN ARGENTINA 2020-2029 ($ MILLION)
- EXHIBIT 70 INDUSTRIAL UPS MARKET BY PLAYERS 2023 (% SHARE)
- EXHIBIT 71 KEY CAVEATS
LIST OF TABLES
- TABLE 1 INDUSTRIAL UPS PRICES FROM VARIOUS VENDORS
- TABLE 2 COMPARISON BETWEEN STANDBY, LINE-INTERACTIVE, AND ONLINE INDUSTRIAL UPS
- TABLE 3 MANUFACTURERS OF ONLINE/DOUBLE-CONVERSION INDUSTRIAL UPS
- TABLE 4 GLOBAL ONLINE/DOUBLE-CONVERSION INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 5 MANUFACTURERS OF LINE-INTERACTIVE INDUSTRIAL UPS
- TABLE 6 GLOBAL LINE-INTERACTIVE INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 7 MANUFACTURERS OF STANDY INDUSTRIAL UPS
- TABLE 8 GLOBAL STANDBY INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 9 MANUFACTURERS OF DATA CENTER INDUSTRIAL UPS
- TABLE 10 GLOBAL DATA CENTER & TELECOM INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 11 GLOBAL MANUFACTURING INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 12 GLOBAL HEALTHCARE INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 13 GLOBAL TRANSPORTATION INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 14 GLOBAL OIL AND GAS INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ BILLION)
- TABLE 15 GLOBAL OTHERS INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 16 MANUFACTURERS OF ABOVE 500 KVA INDUSTRIAL UPS
- TABLE 17 GLOBAL ABOVE 500 KVA INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 18 MANUFACTURERS OF 60 KVA TO 500 KVA INDUSTRIAL UPS
- TABLE 19 GLOBAL 60 KVA TO 500 KVA INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 20 MANUFACTURERS OF BELOW 60 KVA INDUSTRIAL UPS
- TABLE 21 GLOBAL 60 KVA INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 22 NORTH AMERICA INDUSTRIAL UPS MARKET BY APPLICATION 2023-2029 ($ MILLION)
- TABLE 23 NORTH AMERICA INDUSTRIAL UPS MARKET BY TYPE 2023-2029 ($ MILLION)
- TABLE 24 NORTH AMERICA INDUSTRIAL UPS MARKET BY POWER RATING 2023-2029 ($ MILLION)
- TABLE 25 EUROPE INDUSTRIAL UPS MARKET BY APPLICATION 2023-2029 ($ MILLION)
- TABLE 26 EUROPE INDUSTRIAL UPS MARKET BY TYPE 2023-2029 ($ MILLION)
- TABLE 27 EUROPE INDUSTRIAL UPS MARKET BY POWER RATING 2023-2029 ($ MILLION)
- TABLE 28 APAC INDUSTRIAL UPS MARKET BY APPLICATION 2023-2029 ($ MILLION)
- TABLE 29 APAC INDUSTRIAL UPS MARKET BY TYPE 2023-2029 ($ MILLION)
- TABLE 30 APAC INDUSTRIAL UPS MARKET BY POWER RATING 2023-2029 ($ MILLION)
- TABLE 31 MEA INDUSTRIAL UPS MARKET BY APPLICATION 2023-2029 ($ MILLION)
- TABLE 32 MEA INDUSTRIAL UPS MARKET BY TYPE 2023-2029 ($ MILLION)
- TABLE 33 MEA INDUSTRIAL UPS MARKET BY POWER RATING 2023-2029 ($ MILLION)
- TABLE 34 LATIN AMERICA INDUSTRIAL UPS MARKET BY APPLICATION 2023-2029 ($ MILLION)
- TABLE 35 LATIN AMERICA INDUSTRIAL UPS MARKET BY TYPE 2023-2029 ($ MILLION)
- TABLE 36 LATIN AMERICA INDUSTRIAL UPS MARKET BY POWER RATING 2023-2029 ($ MILLION)
- TABLE 37 DELTA ELECTRONICS INC.: MAJOR PRODUCT OFFERINGS
- TABLE 38 EATON: MAJOR PRODUCT OFFERINGS
- TABLE 39 HUAWEI DIGITAL POWER TECHNOLOGIES CO. LTD: MAJOR PRODUCT OFFERINGS
- TABLE 40 KEHUA TECH: MAJOR PRODUCT OFFERINGS
- TABLE 41 RIELLO ELETTRONICA: MAJOR PRODUCT OFFERINGS
- TABLE 42 SCHNEIDER ELECTRIC: MAJOR PRODUCT OFFERINGS
- TABLE 43 SHENZHEN KSTAR SCIENCE&TECHNOLOGY CO. LTD: MAJOR PRODUCT OFFERINGS
- TABLE 44 VERTIV GROUP CORP: MAJOR PRODUCT OFFERINGS
- TABLE 45 ABB: MAJOR PRODUCT OFFERINGS
- TABLE 46 AEG POWER SOLUTIONS: MAJOR PRODUCT OFFERINGS
- TABLE 47 AMETEK SOLIDSTATE CONTROLS: MAJOR PRODUCT OFFERINGS
- TABLE 48 BENNING ELEKTROTECHNIK: MAJOR PRODUCT OFFERINGS
- TABLE 49 BPC ENERGY LTD: MAJOR PRODUCT OFFERINGS
- TABLE 50 CENTIEL: MAJOR PRODUCT OFFERINGS
- TABLE 51 CHLORIDE: MAJOR PRODUCT OFFERINGS
- TABLE 52 CYBER POWER SYSTEMS INC.: MAJOR PRODUCT OFFERINGS
- TABLE 53 ENERTECHUPS: MAJOR PRODUCT OFFERINGS
- TABLE 54 ERAM POWER ELECTRONICS COMPANY: MAJOR PRODUCT OFFERINGS
- TABLE 55 EXIMPOWER: MAJOR PRODUCT OFFERINGS
- TABLE 56 FALCON ELECTRIC INC.: MAJOR PRODUCT OFFERINGS
- TABLE 57 FUJI ELECTRIC: MAJOR PRODUCT OFFERINGS
- TABLE 58 FUJITSU: MAJOR PRODUCT OFFERINGS
- TABLE 59 GUANGDONG PROSTAR NEW ENERGY TECHNOLOGY CO. LTD.: MAJOR PRODUCT OFFERINGS
- TABLE 60 GUSTAV KLEIN: MAJOR PRODUCT OFFERINGS
- TABLE 61 HITACHI HI-REL POWER ELECTRONICS PRIVATE LTD: MAJOR PRODUCT OFFERINGS
- TABLE 62 KUKJE ELETRIC MFG. CO. LTD: MAJOR PRODUCT OFFERINGS
- TABLE 63 LEGRAND: MAJOR PRODUCT OFFERINGS
- TABLE 64 MITSUBISHI ELECTRIC POWER PRODUCTS INC: MAJOR PRODUCT OFFERINGS
- TABLE 65 NUMAX ENERGY SOLUTIONS: MAJOR PRODUCT OFFERINGS
- TABLE 66 PILLER POWER SYSTEMS: MAJOR PRODUCT OFFERINGS
- TABLE 67 SANTAK: MAJOR PRODUCT OFFERINGS
- TABLE 68 SIEMENS AG: MAJOR PRODUCT OFFERINGS
- TABLE 69 SOCOMEC INC.: MAJOR PRODUCT OFFERINGS
- TABLE 70 SOLARCRAFT INC.: MAJOR PRODUCT OFFERINGS
- TABLE 71 STATRON AG: MAJOR PRODUCT OFFERINGS
- TABLE 72 SU-KAM: MAJOR PRODUCT OFFERINGS
- TABLE 73 SU-VASTIKA: MAJOR PRODUCT OFFERINGS
- TABLE 74 TOSHIBA CORPORATION: MAJOR PRODUCT OFFERINGS
- TABLE 75 GLOBAL INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 76 GLOBAL INDUSTRIAL UPS MARKET BY GEOGRAPHY 2023-2029 (%)
- TABLE 77 GLOBAL INDUSTRIAL UPS MARKET BY APPLICATION 2023-2029 ($ MILLION)
- TABLE 78 GLOBAL INDUSTRIAL UPS MARKET BY TYPE 2023-2029 ($ MILLION)
- TABLE 79 GLOBAL INDUSTRIAL UPS MARKET BY POWER RATING 2023-2029 ($ MILLION)
- TABLE 80 CURRENCY CONVERSION 2017-2023
