Global Uninterruptible Power Supply (UPS) Market by 2030

1. Smart Buildings boost Global Uninterruptible Power Supply (UPS) Market Growth According to Inkwood Research, the Global Uninterruptible Power Supply (UPS) Market is estimated to project a CAGR of 3.66% in terms of revenue during the forecast period, 2022-2030. “Browse 64 market Data Tables and 51 Figures spread over 205 Pages, along with an in-depth analysis of the Global Uninterruptible Power Supply (UPS) Market Forecast 2022-2030.” VIEW TABLE OF CONTENT LINK – https://inkwoodresearch.com/reports/uninterruptible-power- supply-ups-market/#table-of-contents An uninterruptible power supply (UPS) is a device that keeps equipment and computers safe when there is a significant reduction or loss in the primary power source. Primarily, a UPS system performs three functions: conditioning incoming power from the utility companies to provide uninterruptible and ride-through power to cover for short-term outages or sags. During a complete power outage, these systems enable a seamless shutdown. REQUEST FREE SAMPLE LINK – https://inkwoodresearch.com/reports/uninterruptible-power- supply-ups-market/#request-free-sample Rising Trends for Smart Buildings and IoT boost Market Growth

2. Uninterruptible power supplies (UPS) benefit significantly from the online visibility of the Internet of Things (IoT). Also, by integrating the IoT with a UPS, battery status can be monitored and corrected while other aspects become actionable and visible to remote technicians and managers in real time. Hence the growth in the IoT and smart buildings becomes critically important for adopting UPS products in these sectors. Further, different types of uninterruptible power supply systems have been adopted in smart buildings. Also, in 2018, Cyber Power Systems (USA) Inc introduced a UPS system, CyberPower BAS34U24V, designed to protect the building and industrial devices and controls from interruptions and power failure, over-voltages as well as surges. The system protects controllers, remote facility monitors, server platforms, data loggers, networking devices, and other equipment from power disruptions to avoid losing vital data and service failures. Leading Power Range: Above 200 kVA Uninterruptible power supply systems above 200 kVA are widely used across data centers, disaster recovery, security, industrial processes, mirror sites, telecommunications, and hospital & medical applications. A range of products in uninterruptible power supply (above 200 kVA) are available in the market. For instance, the MHE500kVA/500kW from the Riello Master HE series UPS is a three- phase input and output system with a new-style transformer-based online double-conversion uninterruptible power supply offering robust power protection, high efficiency, and galvanic isolation. Adoption and deployment of such products by the end-use sector are expected to positively impact the market growth during the forecast period. Region with the Largest Revenue Share: Asia-Pacific Several market players across Asia-Pacific are launching high-quality and inexpensive power technology to assist businesses in controlling their operations. Also, investments in the network and IT infrastructure, new and advanced technologies, coupled with the increase in the demand, adoption of internet and consumer electronics, have propelled the demand for uninterruptible power supply in the region. In addition, the rapid adoption of innovative technologies such as IoT, cloud, artificial intelligence, etc., enhances the demand for backup power, which increases the adoption of uninterruptible power supply systems. Furthermore, the market rivalry is high, owing to the strategic initiatives taken by the leading players, such as product launches, expansions, and other strategical moves to help strengthen and expand their customer bases. Some of the key players operating in the market are Luminous Power Technologies, Schneider Electric SE, Huawei Technologies, Hitachi Ltd, etc. Request for Customization: https://inkwoodresearch.com/request-for-custom-report/ About Inkwood Research Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.

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