Global modular UPS system market projected to reach $13.27 billion by 2031, driven by technological innovations
From GlobeNewswire: 2025-03-24 07:45:00
A new report by The Insight Partners highlights the global Modular UPS System Market, projecting growth from $5.80 billion in 2024 to $13.27 billion by 2031, with a CAGR of 12.6%. Technological innovations in energy-efficient designs and integration with renewable energy sources are driving the adoption of modular UPS systems.
The growing number of data centers worldwide, with approximately 10,978 locations, is fueling the demand for modular UPS systems to ensure high uptime and operational continuity. With the rising dependence on uninterrupted power supply due to technological advances and climate change, businesses are investing in backup power solutions like UPS systems to safeguard operational continuity.
Asia Pacific dominated the modular UPS system market in 2024 and is expected to continue leading the market during the forecast period. Key players in the market include ABB Ltd, Emerson Network Power, Schneider Electric SE, and General Electric, among others, who are adopting strategies like new product launches and geographical expansion to maintain a competitive edge.
Recent developments in the market include CyberPower’s launch of 20kW and 40kW 3-phase Modular UPS systems and Schneider Electric’s introduction of Easy UPS 3-Phase Modular, offering critical load protection and third-party verified Live Swap functionality. The market is witnessing rapid advancements to meet the evolving needs of businesses in various sectors. The Easy UPS 3-Phase Modular is now available in 50-250 kW capacity with N+1 scalable configuration and supports the EcoStruxure architecture for remote monitoring services. The global modular UPS system market is growing due to the rising number of data centers and demand for uninterrupted power supply in industries like IT, telecommunications, healthcare, and manufacturing. The report from The Insight Partners offers valuable insights for stakeholders to navigate this evolving market landscape. For more information, contact Ankit Mathur at [email protected] or +1-646-491-9876.
Read more at GlobeNewswire: Modular UPS System Market Size to Reach US$ 13.27 Billion