Modular UPS Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Power Capacity Type (10-100 KVA, 101-250 KVA, 251-500 KVA, 500 And Above KVA), By Industry Vertical (BFSI, Healthcare, Media And Entertainment, Communication And Telecom, Manufacturing, Others), And By Geography - Forecasts From 2022 To 2027

  • Published : Dec 2022
  • Report Code : KSI061610333
  • Pages : 146

The Modular UPS Market is projected to grow at a CAGR of 10.35% during the forecast period to reach US$2.521 billion by 2027, from US$1.265 billion in 2020.

A modular UPS (uninterruptable power supply) is an energy conversion device that uses the chemical energy in batteries which provides backup power, improves the availability of data, and adaptability to high power consumption. It is based on a rack enclosure which includes a battery cabinet at the bottom and hot-swappable modules placed one above the other that can be used whenever more power is required and to increase the redundancy aspect. It comes in 10-100 kVA, 101-250 kVA, 251-500 kVA, and 500 and above kVA. The general idea behind the use of modular is that the free and spare capacity in the device provides a greater level of redundancy and can take up high power loads. It also provides greater efficiency with a scalable load system. It also has high power backup due to a centralized battery system that reduces the cost of batteries and replacement. It is being increasingly used by banks, healthcare, media and communication, manufacturing, and technology industries.

A rapid increase in technological developments and an increased need for power supply are expected to boost the market for modular UPS.

Modular UPS is the mandatory infrastructure in the data segment of any industry. Modular Systems are cost-effective and provide the facility to install more modules one above the other as per the power need and therefore they need less physical space. The increase in demand for cloud-based services by many services and tech-based industries led to the advancement of data centers by Google, Microsoft, and AWS. Most of the power supply is required by electronic devices and data centers.  Organizations require large power systems to provide battery backup to their infrastructure and increase load efficiency. New developments in UPS systems include the examination of data in the UPS system that can help in predicting failures in the system. Additionally, sending information to the facilitation and monitoring center, communication protocols, and SNMP (single network management protocol) allows facility managers to monitor data. Additionally, the increase in internet traffic has also contributed to the demand for modular UPS. Modular UPS with its new development in DPA (Decentralised Parallel Architecture) modules that eliminates power failure and reduces maintenance is used in Europe and Asia.

However, the modular UPS market is expected to have some drawbacks. Since multiple modules are placed parallelly there is a smaller mean time for repair, it requires higher maintenance as increasing the number of UPS modules reduces the reliability of the system and in the case of parallel modular UPS, the entire rack acts as a single UPS that can become a problem in case of single failure the whole device output would breakdown.

Key Development

  • Cyberpower launched a line of 3-Phase Modular UPS Systems in August 2022 that provided higher efficiency, industrial-grade power protection, and N+X power redundancy ensuring continuous operation, backup power, and high-density 2U 10kVA power modules that enabled easy installation and service.
  • Eaton Corporation acquired Royal Power Solutions, a US manufacturer of electrical connectivity components in January 2022 for US$600 million. This acquisition was to capitalize on the electrical business, expand of business and improve the use of power management technology sustainably.

During the forecast period, North America is expected to gain a high market size in the modular UPS Market.

North America’s technological advancements and high use of the internet and power led to the growth of the modular UPS market in the USA. The country has an abundance of leading manufacturing and producing companies selling and distributing modular UPS, for example, Emerson Electrics, AEG Power Solutions, Generic Electric, and others. US researchers are expecting an increase in power consumption due to increasing trends in the Internet of Things (IoT), AI and machine learning, and cloud computing. As per EIA (Energy Information Administration), electricity consumption in the United States was 398 billion kWh in 2020. Major consumption of modular UPS comes from the technology sector in the USA by data centers. Some big data-center companies in the USA are Alphabet Inc, Advanced Micro Devices, Intel Corporation, American Tower Corporation, Equinox, and others. During the COVID-19 pandemic, the USA witnessed an increase in the healthcare sector for modular UPS.

COVID-19 Insights

COVID -19 had a significant impact on the Modular UPS Market. Data centers played a major role in the pandemic by supporting business and social activities and also providing government and healthcare centers to store and share data. Though the demand for modular UPS for businesses and companies was neutral, demand rose in the healthcare sector for operation theatres, intensive care units, vaccine fridges, and diagnostic devices. Pressure on data centers increased during the pandemic as their main focus was on power resilience and equipment efficiency. It led to server slowdown and technical problems that required investment ultimately increasing costs. This also put pressure on electricity as the electricity demand for buildings and healthcare sectors increased.

Modular UPS Market Scope:

 

Report Metric Details
 Market Size Value in 2020  US$1.265 billion
 Market Size Value in 2027  US$2.521 billion
 Growth Rate  CAGR of 10.35% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Power Capacity Type, Industry Vertical, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered Eaton Corporation, ABB Ltd., Vertiv Group Corp, Schneider Electric, Emerson Electric, Delta Power Solutions, Gamatronic, Huawei Technologies , AEG Power Solutions, Statron AG
 Customization Scope  Free report customization with purchase

 

Market Segments

  • By Power Capacity Type
    • 10-100 kVA
    • 101-250 kVA
    • 251-500 kVA
    • 500 and above kVA
  • By Industry Vertical
    • BFSI
    • Healthcare
    • Media and Entertainment
    • Communication and Telecom
    • Manufacturing
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Others
    • The Middle East and Africa
      • Saudi Arabia
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Indonesia
      • Taiwan
      • Others 

Frequently Asked Questions (FAQs)

The modular UPS market is projected to reach a market size of US$2.521 billion in 2027.
Modular UPS Market was valued at US$1.265 billion in 2020.
The global modular UPS market is projected to grow at a CAGR of 10.35% during the forecast period.
A rapid increase in technological developments and an increased need for power supply are expected to boost the modular UPS market.
North America is expected to hold the largest share of the modular UPS Market.

1. INTRODUCTION

1.1. Market Overview

1.2. COVID-19 Scenario

1.3. Market Definition

1.4. Market Segmentation

 

2. RESEARCH METHODOLOGY

2.1. Research Data

2.2. Assumptions

 

3. EXECUTIVE SUMMARY

3.1. Research Highlights

 

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

 

5. MODULAR UPS MARKET BY POWER CAPACITY TYPE 

5.1. Introduction

5.2. 10-100 kVA

5.3. 101-250 kVA

5.4. 251-500 kVA

5.5. 500 and Above

 

6. MODULAR UPS MARKET BY INDUSTRY VERTICAL

6.1. Introduction

6.2. BFSI

6.3. Healthcare

6.4. Media and Entertainment

6.5. Communication and Telecom

6.6. Manufacturing

6.7. Others

 

7.  MODULAR UPS MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. Germany

7.4.2. France

7.4.3. United Kingdom

7.4.4. Italy

7.4.5. Others

7.5. The Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. Israel

7.5.3. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. Japan

7.6.3. South Korea

7.6.4. India

7.6.5. Indonesia

7.6.6. Taiwan

7.6.7. Others

 

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrative

8.3. Mergers, Acquisition, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

 

9. COMPANY PROFILES

9.1. Eaton Corporation

9.2. ABB Ltd.

9.3. Vertiv Group Corp

9.4. Schneider Electric 

9.5. Emerson Electric

9.6. Delta Power Solutions

9.7. Gamatronic

9.8. Huawei Technologies 

9.9. AEG Power Solutions

9.10. Statron AG


Eaton Corporation

ABB Ltd.

Vertiv Group Corp

Schneider Electric 

Emerson Electric

Delta Power Solutions

Gamatronic

Huawei Technologies 

AEG Power Solutions

Statron AG


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