UPS
Market will register a CAGR of % during 2020-2024. The market’s growth
momentum will Accelerate.
Growth in data center infrastructure | Rise in demand from telecom industry
| Growing prominence for online shopping among residential end-users will be
one of the major factors driving the growth of this market. Additionally, key
UPS Market trends such as the Rise in demand from telecom industry will also
influence market growth during the forecast period.
UPS Market Size
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growth and the market share of various regions
During the forecast period, the UPS Market size will grow by $ 4.83 bn.
UPS Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of
competition among the companies in this market space will intensify further.
are some of the major companies in the UPS Market. Though the forecast period
offers opportunities for vendors to increase their market share, factors such
as the Risks of UPS failure | Rise in distributed power generation |
Drawbacks of batteries will also challenge the growth of the companies.
ABB Ltd. | Ablerex Electronics Co. Ltd. | Eaton Corp. Plc | EnerSys | Huawei
Investment & Holding Co. Ltd. | Legrand SA | Mitsubishi Electric Corp. |
Schneider Electric SE | Toshiba Corp. | Vertiv Group Corp..list
are some of the companies covered in Technavio’s UPS Market report for
2021-2025.
UPS Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key
markets. The regional level analysis also identifies the market share, growth
momentum, and key leading countries in the UPS Market.
The APAC will account for the largest UPS Market share and during
2021-2025, the region will contribute to 47% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s UPS
Market report also analyzes the market by Non-residential | Residential | APAC
| Europe | North America | MEA | South America.comma
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