Uninterruptible Power Supply (UPS) Market (By Product: Online Conversion, Line-interactive, Off-line/ Standby; By Capacity: Less than 10 kVA, 10-100 kVA, Above 100 kVA; By Application: Telecommunication, Data Centers, Industrial, Medical, Marine, Residential & Commercial, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032

The global uninterruptible power supply (UPS) market size was exhibited at USD 8.79 billion in 2022 and is projected to hit around USD 13.16 billion by 2032, growing at a CAGR of 4.12% during the forecast period 2023 to 2032.

Key Pointers:

• By geography, the Asia Pacific accounts for the rapidly growing demand for UPS market.
• By product, the offline/standby segment captured the majority of the market.
• By capacity, the demand for up to 100 kVA capacity units has increased recently.
• By application, the data centers segment implements the first UPS systems to preserve seamless functionality.

Uninterruptible Power Supply (UPS) Market Report Scope

Uninterruptible Power Supply (UPS) is a power quality device that provides continuous and stable power to a critical system load. The device prevents any prospective incoming power quality issues from the distribution system, such as interruptions, voltage sags, swells, harmonics, and noise that disrupts the performance of sensitive electronic components and other electrical equipment. It protects equipment susceptible to power quality fluctuations from interruptions and isolates the critical load from power quality issues in the incoming supply. The global uninterruptible power supply market is segmented by capacity, type, application, and geography. By capacity, the market is segmented into less than 10 kVA, 10-100 kVA, and Above 100 Kva. By type, the market is segmented into standby UPS systems, online UPS systems, and line-interactive UPS systems. By application, the market is segmented into data centers, telecommunications, healthcare (hospitals, clinics, etc.), industrial, and other applications. The report also covers the market size and forecasts for the Uninterruptible Power Supply market across major regions. For each segment, the market sizing and forecasts have been done based on revenue (USD billion).

The growing demand for consumer electronics across the globe is one of the major drivers for standby UPS systems as compared to other UPS systems, as standby UPS system is the most preferred option for consumer electronics as it is the most economical option for devices with low power consumption. Due to the COVID-19 pandemic, the demand for desktop computers increased as people were forced to work from home.

For instance, according to the International Data Center (IDC), the global shipment of desktop personal computers increased in 2021 to about 88.27 million units compared to the previous year, which was just about 79.8 million. Desktop personal computers face challenges from mobile devices such as laptops and desktops, which is led to an overall decline in sales; however, in the future, it is expected to increase as more professionals work from home. In 2022, Current generation video game console sales as witnessed a significant growth with 46.4 million unit sales. The sales registered about 30.0% growth compared to previous year.

Similarly, the demand for gaming consoles is expected to increase during the forecast period and was aided by the coronavirus pandemic as it led to a surge in demand for home entertainment. According to VGChartz, the cumulative sales of current-generation consoles increased from 13.12 million units to 46.32 million units in 2021. A standby UPS is essential for gaming consoles, especially in areas with poor power quality, as unsafe levels of electricity can damage the system. Overall, the demand for standby UPS system is primarily expected to come from consumer electronics as offline UPS system provides the least expensive power backup and protection to the devices. It is expected to increase during the forecast period due to the increasing demand for desktop PC and gaming consoles.

Some of the prominent players in the Uninterruptible Power Supply (UPS) Market include:

• Schneider Electric
• Emerson Electric Co.
• S&C Electric Company
• Toshiba Corporation
• Xiamen Kehua Hensheng Co. Ltd.
• Sendon International Ltd.
• Delta Electronics Inc.
• Beijing Dynamic Power Co. Ltd.
• ABB Ltd
• Riello Elettronica SpA
• Eaton Corporation PLC
• Mitsubishi Electric Corporation

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Uninterruptible Power Supply (UPS) market.

By Product

• Online Conversion
• Line-interactive
• Off-line/ Standby

By Capacity

• Less than 10 kVA
• 10-100 kVA
• Above 100 kVA

By Application

• Telecommunication
• Data Centers
• Industrial
• Medical
• Marine
• Residential & Commercial
• Others

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)