Transformer Less UPS Market - Forecasts from 2018 to 2023
The transformer-less UPS market is projected to grow at a CAGR of 11.42% during the forecast period of 2017-2023. Transformer-less uninterruptible power source (UPS), is a technology that doesn’t rely on the use of a transformer for its functioning. The need to save as much energy as possible, combined with increase legislative pressure, is driving industrial along with commercial entities toward the transformer less UPS technology. Today, uninterruptible power supplies (UPSs) are essential to any industry be it a significant data centre or ICT facility.
Transformer less technology has largely taken over from traditional transformer-based UPS designs because of the many advantages it offers, such as, its ability to deliver improved efficiency from a considerably smaller and lighter form point. Large transformer less UPS system is typically composed of compact and lightweight components that have the ability to significantly limit fault current. Additionally, as a result of the efficiency it offers and low maintenance cost, it provides an opportunity to reduce operating costs. Lower cost and high efficiency are directly related to the demand of transformer less ups systems and works as a key driver for the demand of this market. Moreover, with growing awareness concerning the importance of energy efficiency and the need to avoid additional system losses has resulted in the transition towards the transformer less UPS systems. Rapid growth and huge investment in the developing countries like China, India, Brazil and Indonesia leads to increase in demand for transformer-less ups systems.
Major industry players profiled as part of the report are Eaton Corp, Schneider Electric Co, Mitsubishi Electric Corp, GE Co, ABB, Tripp Lite, Toshiba International Corp, and Riello among others.
The transformer-less UPS Market has been analyzed through following segments:
By Industry Vertical
Information and Technology
Small and Medium Enterprises
MIDDLE EAST AND AFRICA
UNITED ARAB EMIRATES