UPS Market in APAC 2015-2019
A UPS is an electrical device that provides power backup during a power failure or power outages. The device provides instantaneous power backup at the time of a power failure. It is used to provide power to negate the power interruptions associated with the main energy such as sags and surges and to filter out unwanted interruptions such as harmonics and electronic interference. UPS is widely used the telecommunication, IT, oil and gas, chemical, and food processing industries. Online, line-interactive, and standalone are the three types of UPS.
Technavio's analysts forecast the UPS market in APAC to grow at a CAGR of 10.2% over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the UPS market in APAC for the period 2015-2019. Based on power rating, the market can be segmented into five: 0-10 kVA, 10.1-20 kVA, 20.1-50 kVA, 50.1-200 kVA, and above 200 kVA. The following are the major end-users of the market: commercial establishments, industries, and residential customers.Technavio's report, UPS Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Uninterruptible Power Supply (UPS) Market in APAC 2015-2019
Technavio recognizes the following companies as the key players in the Uninterruptible Power Supply (UPS) Market in APAC: AMETEK, Eaton, Fuji Electric, Mitsubishi Electric Power Products and Schneider Electric
Other Prominent Vendors in the market are: AEG Power, Emerson Network Power and Huawei Technologies
Commenting on the report, an analyst from Technavio’s team said: “Next-generation power storage technologies are gaining increased market traction across the world. These technologies minimize harm to the environment due to their energy-efficient methods of electricity generation. Electricity generated by way of greener methods can then be used to charge batteries in UPS systems, making the systems themselves more environmentally friendly. Next-generation power storage technologies also help discharge the energy back to the grid when the battery is not in use. The market is seeing significant technological advancements, as well.”
According to the report, growing population and rising urbanization have resulted in increased power consumption worldwide. The widening demand-supply gap in electricity consumption is leading to power shortages across several countries in APAC. The increased number of overvoltages, overcurrents, and power failures due to uneven power supply have led to an increased need for UPS systems among residential, commercial, and industrial end-users.
Further, the report states that lack of product differentiation is affecting market growth.
AMETEK, Eaton, Fuji Electric, Mitsubishi Electric Power Products, Schneider Electric, AEG Power, Emerson Network Power, Huawei Technologies
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