Europe UPS and EMP Market Report 2027

Europe UPS and EMP Market Report 2027

Europe UPS and EMP Market Report

Market Overview

The Europe UPS and EMP market is projected to grow at 5.24% CAGR during the forecast period, 2021–2027. The demand for UPS and EMP is growing significantly in the global market owing to the need for high-quality, efficient UPS and EMP for continuous power supply. UPS is a battery-based device that allows electronic equipment to keep running for a short duration when the primary power source is unavailable, thereby preventing any kind of damage to electronic items. In comparison, EMP is referred to as a standby power system used when there is the unavailability of a regular power source. These systems are installed in critical areas where continuous power is required. Furthermore, UPS and EMP systems are known as backup power solutions and include diesel generators and control systems.

The global market for Europe UPS and EMP is expected to grow at a steady rate during the forecast period. The growth can be primarily attributed to the need for high-quality, efficient ups for continuous power supply. The emergence of energy-efficient power systems is expected to create opportunities for market players during the forecast period. However, high technological complexities are expected to form a restraint in the growth of the market during the forecast period.

Market Segmentation

The Europe UPS and EMP market has been segmented based on type, solution & service, application, and country. Based on type, the Europe UPS and EMP market has been segmented into UPS and EMP. The UPS segment is expected to grow at the fastest rate during the forecast period. In 2020, the UPS segment held a share of 59.0% of the Europe UPS and EMP market.

Based on solution & service, the Europe UPS and EMP market has been segmented into solution and service. The solution segment is expected to grow at the fastest rate during the forecast period. In 2020, the solution segment held a 76.4% share of the Europe UPS and EMP market.

Based on application, the Europe UPS and EMP market has been segmented into telecom, datacenters, healthcare, financial services, industry, energy production & distribution, transportation infrastructure & operators, public services, and retail. The data center segment is expected to grow at the fastest rate during the forecast period. In 2020, the data center segment held a share of 21.3% of the Europe UPS and EMP market.

Regional Analysis

Geographically, the Europe UPS and EMP market is classified as Germany, Netherlands, France, Italy, UK, Poland, Czech Republic, Hungary, and Rest of Europe North America

The Germany is expected to dominate the regional market. In 2020, the Europe UPS and EMP market was dominated by Germany with a 22.2% share, followed by UK and France with shares of 18.5% and 15.4%, respectively.

Market Players

The major players in the Europe UPS and EMP market who have contributed to the market growth are Siemens, Schneider Electric, Eaton Corporation, Socomec, PowerShield, GE Gas Power, and Aggreko.

Companies Mentioned

Siemens
Schneider Electric
Eaton Corporation
Socomec
PowerShield
GE Gas Power
and Aggreko

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