PUBLISHER: KBV Research | PRODUCT CODE: 1709959
PUBLISHER: KBV Research | PRODUCT CODE: 1709959
LAMEA UPS Battery Market Size, Share & Trends Analysis Report By Battery (Li-ion, Lead Acid, Nickel Cadmium, and Other Battery), By Application (Data Centers, Industrial, Commercial, and Residential), By Country and Growth Forecast, 2024 - 2031
The Latin America, Middle East and Africa UPS Battery Market would witness market growth of 16.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA UPS Battery Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $533.7 Million by 2031. The Argentina market is registering a CAGR of 17.6% during (2024 - 2031). Additionally, The UAE market would witness a CAGR of 15.4% during (2024 - 2031).
Another trend is the rise of modular UPS systems, driven by the need for scalability and flexibility. These systems allow users to add battery capacity as demand grows, appealing to SMEs and data centers alike. Sustainability is also a powerful driver, with businesses prioritizing eco-friendly batteries to meet regulatory mandates and corporate goals. Lithium-ion's lower environmental footprint, compared to lead-acid's lead content, aligns with this trend, as does the exploration of recyclable battery chemistries.
Digitalization and smart technology are transforming UPS systems, with IoT-enabled batteries offering real-time monitoring, predictive maintenance, and remote management. This enhances efficiency and reduces downtime, a boon for critical applications. Finally, the integration with renewable energy is accelerating, as UPS batteries play a key role in stabilizing green power grids and supporting off-grid solutions, particularly in developing regions.
Saudi Arabia's commitment to renewable energy is reshaping its power landscape. The country aims to generate 50% of its electricity from renewable sources and the remaining 50% from gas by 2030. Additionally, Saudi Arabia is developing a large-scale green hydrogen facility capable of producing 660 tons of green hydrogen per day using solar and wind energy. The growing reliance on renewable energy sources increases the need for advanced energy storage solutions, including UPS battery systems. Since renewable sources like solar and wind are intermittent, UPS batteries help stabilize the power supply, ensuring seamless energy distribution. This transition toward clean energy is expected to accelerate the demand for lithium-ion and other high-performance battery technologies in the market. Thus, the market in UAE, Brazil, and Saudi Arabia is experiencing rapid growth, fuelled by increasing investments in data centers, electricity infrastructure, and renewable energy.
Based on Battery, the market is segmented into Li-ion, Lead Acid, Nickel Cadmium, and Other Battery. Based on Application, the market is segmented into Data Centers, Industrial, Commercial, and Residential. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- ABB Group
- Schneider Electric SE
- Eaton Corporation plc
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Delta Electronics, Inc.
- Vertiv Group Corp.
- Panasonic Holdings Corporation
- GS Yuasa Corporation
- Exide Industries Limited
- EnerSys
LAMEA UPS Battery Market Report Segmentation
By Battery
- Li-ion
- Lead Acid
- Nickel Cadmium
- Other Battery
By Application
- Data Centers
- Industrial
- Commercial
- Residential
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA UPS Battery Market, by Battery
- 1.4.2 LAMEA UPS Battery Market, by Application
- 1.4.3 LAMEA UPS Battery Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
Chapter 5. LAMEA UPS Battery Market by Battery
- 5.1 LAMEA Li-ion Market by Country
- 5.2 LAMEA Lead Acid Market by Country
- 5.3 LAMEA Nickel Cadmium Market by Country
- 5.4 LAMEA Other Battery Market by Country
Chapter 6. LAMEA UPS Battery Market by Application
- 6.1 LAMEA Data Centers Market by Country
- 6.2 LAMEA Industrial Market by Country
- 6.3 LAMEA Commercial Market by Country
- 6.4 LAMEA Residential Market by Country
Chapter 7. LAMEA UPS Battery Market by Country
- 7.1 Brazil UPS Battery Market
- 7.1.1 Brazil UPS Battery Market by Battery
- 7.1.2 Brazil UPS Battery Market by Application
- 7.2 Argentina UPS Battery Market
- 7.2.1 Argentina UPS Battery Market by Battery
- 7.2.2 Argentina UPS Battery Market by Application
- 7.3 UAE UPS Battery Market
- 7.3.1 UAE UPS Battery Market by Battery
- 7.3.2 UAE UPS Battery Market by Application
- 7.4 Saudi Arabia UPS Battery Market
- 7.4.1 Saudi Arabia UPS Battery Market by Battery
- 7.4.2 Saudi Arabia UPS Battery Market by Application
- 7.5 South Africa UPS Battery Market
- 7.5.1 South Africa UPS Battery Market by Battery
- 7.5.2 South Africa UPS Battery Market by Application
- 7.6 Nigeria UPS Battery Market
- 7.6.1 Nigeria UPS Battery Market by Battery
- 7.6.2 Nigeria UPS Battery Market by Application
- 7.7 Rest of LAMEA UPS Battery Market
- 7.7.1 Rest of LAMEA UPS Battery Market by Battery
- 7.7.2 Rest of LAMEA UPS Battery Market by Application
Chapter 8. Company Profiles
- 8.1 ABB Ltd.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 SWOT Analysis
- 8.2 Schneider Electric SE
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expense
- 8.2.5 SWOT Analysis
- 8.3 Eaton Corporation PLC
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 SWOT Analysis
- 8.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 SWOT Analysis
- 8.5 Delta Electronics, Inc.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.6 Vertiv Group Corp.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Regional Analysis
- 8.7 Panasonic Holdings Corporation
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 SWOT Analysis
- 8.8 Enersys
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental Analysis
- 8.8.4 SWOT Analysis
- 8.9 GS Yuasa Corporation
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental Analysis
- 8.9.4 Research & Development Expenses
- 8.10. Exide Industries Limited
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Regional Analysis
LIST OF TABLES
- TABLE 1 LAMEA UPS Battery Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA UPS Battery Market, 2024 - 2031, USD Million
- TABLE 3 LAMEA UPS Battery Market by Battery, 2020 - 2023, USD Million
- TABLE 4 LAMEA UPS Battery Market by Battery, 2024 - 2031, USD Million
- TABLE 5 LAMEA Li-ion Market by Country, 2020 - 2023, USD Million
- TABLE 6 LAMEA Li-ion Market by Country, 2024 - 2031, USD Million
- TABLE 7 LAMEA Lead Acid Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA Lead Acid Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Nickel Cadmium Market by Country, 2020 - 2023, USD Million
- TABLE 10 LAMEA Nickel Cadmium Market by Country, 2024 - 2031, USD Million
- TABLE 11 LAMEA Other Battery Market by Country, 2020 - 2023, USD Million
- TABLE 12 LAMEA Other Battery Market by Country, 2024 - 2031, USD Million
- TABLE 13 LAMEA UPS Battery Market by Application, 2020 - 2023, USD Million
- TABLE 14 LAMEA UPS Battery Market by Application, 2024 - 2031, USD Million
- TABLE 15 LAMEA Data Centers Market by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA Data Centers Market by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA Industrial Market by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA Industrial Market by Country, 2024 - 2031, USD Million
- TABLE 19 LAMEA Commercial Market by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Commercial Market by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA Residential Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Residential Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA UPS Battery Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA UPS Battery Market by Country, 2024 - 2031, USD Million
- TABLE 25 Brazil UPS Battery Market, 2020 - 2023, USD Million
- TABLE 26 Brazil UPS Battery Market, 2024 - 2031, USD Million
- TABLE 27 Brazil UPS Battery Market by Battery, 2020 - 2023, USD Million
- TABLE 28 Brazil UPS Battery Market by Battery, 2024 - 2031, USD Million
- TABLE 29 Brazil UPS Battery Market by Application, 2020 - 2023, USD Million
- TABLE 30 Brazil UPS Battery Market by Application, 2024 - 2031, USD Million
- TABLE 31 Argentina UPS Battery Market, 2020 - 2023, USD Million
- TABLE 32 Argentina UPS Battery Market, 2024 - 2031, USD Million
- TABLE 33 Argentina UPS Battery Market by Battery, 2020 - 2023, USD Million
- TABLE 34 Argentina UPS Battery Market by Battery, 2024 - 2031, USD Million
- TABLE 35 Argentina UPS Battery Market by Application, 2020 - 2023, USD Million
- TABLE 36 Argentina UPS Battery Market by Application, 2024 - 2031, USD Million
- TABLE 37 UAE UPS Battery Market, 2020 - 2023, USD Million
- TABLE 38 UAE UPS Battery Market, 2024 - 2031, USD Million
- TABLE 39 UAE UPS Battery Market by Battery, 2020 - 2023, USD Million
- TABLE 40 UAE UPS Battery Market by Battery, 2024 - 2031, USD Million
- TABLE 41 UAE UPS Battery Market by Application, 2020 - 2023, USD Million
- TABLE 42 UAE UPS Battery Market by Application, 2024 - 2031, USD Million
- TABLE 43 Saudi Arabia UPS Battery Market, 2020 - 2023, USD Million
- TABLE 44 Saudi Arabia UPS Battery Market, 2024 - 2031, USD Million
- TABLE 45 Saudi Arabia UPS Battery Market by Battery, 2020 - 2023, USD Million
- TABLE 46 Saudi Arabia UPS Battery Market by Battery, 2024 - 2031, USD Million
- TABLE 47 Saudi Arabia UPS Battery Market by Application, 2020 - 2023, USD Million
- TABLE 48 Saudi Arabia UPS Battery Market by Application, 2024 - 2031, USD Million
- TABLE 49 South Africa UPS Battery Market, 2020 - 2023, USD Million
- TABLE 50 South Africa UPS Battery Market, 2024 - 2031, USD Million
- TABLE 51 South Africa UPS Battery Market by Battery, 2020 - 2023, USD Million
- TABLE 52 South Africa UPS Battery Market by Battery, 2024 - 2031, USD Million
- TABLE 53 South Africa UPS Battery Market by Application, 2020 - 2023, USD Million
- TABLE 54 South Africa UPS Battery Market by Application, 2024 - 2031, USD Million
- TABLE 55 Nigeria UPS Battery Market, 2020 - 2023, USD Million
- TABLE 56 Nigeria UPS Battery Market, 2024 - 2031, USD Million
- TABLE 57 Nigeria UPS Battery Market by Battery, 2020 - 2023, USD Million
- TABLE 58 Nigeria UPS Battery Market by Battery, 2024 - 2031, USD Million
- TABLE 59 Nigeria UPS Battery Market by Application, 2020 - 2023, USD Million
- TABLE 60 Nigeria UPS Battery Market by Application, 2024 - 2031, USD Million
- TABLE 61 Rest of LAMEA UPS Battery Market, 2020 - 2023, USD Million
- TABLE 62 Rest of LAMEA UPS Battery Market, 2024 - 2031, USD Million
- TABLE 63 Rest of LAMEA UPS Battery Market by Battery, 2020 - 2023, USD Million
- TABLE 64 Rest of LAMEA UPS Battery Market by Battery, 2024 - 2031, USD Million
- TABLE 65 Rest of LAMEA UPS Battery Market by Application, 2020 - 2023, USD Million
- TABLE 66 Rest of LAMEA UPS Battery Market by Application, 2024 - 2031, USD Million
- TABLE 67 Key Information - ABB Ltd.
- TABLE 68 Key Information - Schneider Electric SE
- TABLE 69 Key Information - Eaton Corporation PLC
- TABLE 70 Key Information - Huawei Technologies Co., Ltd.
- TABLE 71 Key Information - Delta Electronics, Inc.
- TABLE 72 Key Information - Vertiv Group Corp.
- TABLE 73 Key Information - Panasonic Holdings Corporation
- TABLE 74 Key Information - enersys
- TABLE 75 Key Information - GS Yuasa Corporation
- TABLE 76 Key Information - Exide Industries Limited
LIST OF FIGURES
- FIG 1 Methodology for the research
- FIG 2 LAMEA UPS Battery Market, 2020 - 2031, USD Million
- FIG 3 Key Factors Impacting UPS Battery Market
- FIG 4 Market Share Analysis, 2023
- FIG 5 Porter's Five Forces Analysis - UPS Battery Market
- FIG 6 LAMEA UPS Battery Market share by Battery, 2023
- FIG 7 LAMEA UPS Battery Market share by Battery, 2031
- FIG 8 LAMEA UPS Battery Market by Battery, 2020 - 2031, USD Million
- FIG 9 LAMEA UPS Battery Market share by Application, 2023
- FIG 10 LAMEA UPS Battery Market share by Application, 2031
- FIG 11 LAMEA UPS Battery Market by Application, 2020 - 2031, USD Million
- FIG 12 LAMEA UPS Battery Market share by Country, 2023
- FIG 13 LAMEA UPS Battery Market share by Country, 2031
- FIG 14 LAMEA UPS Battery Market by Country, 2020 - 2031, USD Million
- FIG 15 SWOT Analysis: ABB ltd.
- FIG 16 SWOT Analysis: Schneider Electric SE
- FIG 17 SWOT Analysis: Eaton Corporation PLC
- FIG 18 SWOT Analysis: Huawei Technologies Co., Ltd.
- FIG 19 SWOT Analysis: Panasonic Holdings Corporation
- FIG 20 SWOT Analysis: Enersys
