Data Center UPS Market size is set to surpass USD 5 billion by 2028, according to a new research report by Global Market Insights Inc.
The increased use of colocation data centers will promote the growth of modular UPS systems that provide high performance and are compact in size. These systems offer advantages such as space savings, reduced cost of ownership, and simple maintenance & repair to reduce downtime risks. To remain competitive in the market, manufacturers of data center UPS systems are developing advanced solutions. The expanding colocation data center market will provide an impetus to sales of UPS as they offer optimum power management with small footprint.
The COVID-19 pandemic moderately impacted the data center UPS market in 2021 owing to the surge in the adoption of automated solutions by the healthcare sector. This encouraged the industry players to introduce new data center UPS solutions that enable healthcare professionals to provide services during power outages that can halt the operation of critical medical devices.
Growing support for SMEs will spur the market expansion of small data center UPS solutions
The market value of small data center UPS market will rise exponentially due to the initiatives that aim to offer financial support to SMEs. Small data centers have a limited budget, driving them to use cost-effective and low-cost power management systems. The SMEs require data center UPS with increased utility, simple installation, low maintenance, and on-demand capacity expansion capability. The market will expand as the government is focusing on providing financial support to the SMEs. The demand for data center UPS solutions is increasing in the industry as they have modular integrated infrastructures that require small IT equipment that occupies minimum space.
Browse key industry insights spread across 510 pages with 821 market data tables and 33 figures & charts from the report, “Data Center UPS Market Size, By Data Center Size (Small, Medium, Large), By Component (Solution [Standby UPS, Line Interactive UPS, Online UPS], Service [Managed, Professional]), By Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, IT & Telecom), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028”, in detail along with the table of contents:
Managed services delivering maximum reliability will support the data center UPS market development
The overall industry share of managed services is increasing as they offer maintenance & installation services for optimum reliability. Data center operators in the market are focusing on taking preventative measures to reduce unexpected equipment downtime and other preventable issues. Such steps aid in reducing the chances of failure during power outages and high energy consumption levels, helping to extend the equipment lifetime. Unplanned downtime events, clogged air filters, capacitor or battery failure, welded relays, and even outdated software can all be minimized with routine maintenance. Companies, such as ABB Ltd. and Legrand, are also focusing on offering preventative maintenance services to ensure the optimum functioning of data center UPS systems.
Rising adoption of data center UPS systems across the manufacturing sector
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The increasing digitalization of the manufacturing sector is helping the data center UPS market grow as it regulates electricity used to operate various vital equipment. The data center UPS delivers clean power in the case of a power failure or fluctuation, which would otherwise cause the smart equipment of the manufacturing facilities to malfunction or shut down. The market will witness significant growth as data center UPS delivers electricity with minimum voltage fluctuations to reduce the wear and strain on industrial parts, resulting in less downtime and lower maintenance expenses.
Growing adoption of digital solutions by government in the Asia Pacific
The APAC data center UPS market is predicted to observe a 4% growth rate till 2028 on account of the rising digitalization of the government organizations that aim to offer advanced services to the citizen. Government organizations have sensitive & confidential data that needs to be secured & protected from strategic & critical applications, encouraging administrations to invest in advanced back-up solutions. Data center UPS solutions help in providing enhanced reliability, scalability, and high-power performance to these facilities, helping them to match the increasing power solutions demand. The market will grow globally as data center UPS offers advanced power monitoring for maximum efficiency and control.
Strategic partnerships form a key strategy among market players
Major participants operating in the data center UPS market are ABB Ltd., AEG Power Solutions, Belkin International Inc., Clary Corporation, Delta Electronics Inc., Eaton Corporation, Brainasoft, General Electric Company, Huawei Technologies Co., Ltd., Intellipower Inc., Legrand, Panduit Corporation, Mitsubishi Electric Corporation, Power Innovations International Inc., Shenzhen Kstar Science & Technology Co., Ltd, Schneider Electric SE, Socomec, Toshiba Corporation, Vertiv Co., and Xiamen Kehua Hengsheng Co., Ltd. These leaders are undertaking long-term partnerships with leading manufacturers to offer critically stable data center UPS that responds immediately to any emergency.
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