The global Data Centre Uninterruptible Power Supply (UPS) market is poised for significant growth in the coming years. The market is primarily driven by the increasing demand for continuous and reliable power supply in data centers, as these centers have become the backbone of businesses, governments, and societies. The increasing number of data centers being built, as well as the growing demand for cloud computing services, are also contributing to the growth of the market.
The global Data Centre Uninterruptible Power Supply market is expected to grow at a compound annual growth rate (CAGR) of approximately 6.5% from 2021 to 2028, according to a recent market research report.
Data centers require a constant and reliable power supply to keep critical operations running smoothly. A Data Centre Uninterruptible Power Supply (UPS) is a backup power system designed to provide instantaneous power in case of power outages or interruptions. The UPS system ensures that the data center’s operations continue uninterrupted, preventing data loss or downtime.
Executive Summary:
The global Data Centre Uninterruptible Power Supply market is set for significant growth in the coming years, driven by the increasing demand for continuous and reliable power supply in data centers. The market is expected to grow at a compound annual growth rate (CAGR) of approximately 6.5% from 2021 to 2028. The increasing number of data centers being built, as well as the growing demand for cloud computing services, are also contributing to the growth of the market.
Important Note:ย The companies listed in the image above are for reference only. The final study will cover 18โ20 key players in this market, and the list can be adjusted based on our clientโs requirements.
Key Market Insights:
- The global Data Centre Uninterruptible Power Supply market is expected to reach $6.22 billion by 2028, up from $3.78 billion in 2020, according to a recent market research report.
- North America is the largest market for Data Centre Uninterruptible Power Supply systems, followed by Europe and Asia Pacific. The Asia Pacific market is expected to grow at the highest CAGR during the forecast period.
- The 1-20 kVA segment is the largest segment in the market, followed by the 21-50 kVA segment. The 50 kVA and above segment is expected to grow at the highest CAGR during the forecast period.
- The modular Data Centre Uninterruptible Power Supply system segment is expected to grow at the highest CAGR during the forecast period.
Market Drivers:
- Increasing Number of Data Centers:
The increasing number of data centers being built worldwide is driving the growth of the Data Centre Uninterruptible Power Supply market. Data centers have become essential for businesses, governments, and societies, and they require a constant and reliable power supply to keep critical operations running smoothly.
- Growing Demand for Cloud Computing Services:
The growing demand for cloud computing services is also driving the growth of the Data Centre Uninterruptible Power Supply market. Cloud computing services are becoming increasingly popular as they allow businesses to store and access data remotely, providing greater flexibility and scalability.
- Need for Continuous and Reliable Power Supply:
Data centers require a continuous and reliable power supply to prevent data loss or downtime. The Data Centre Uninterruptible Power Supply system ensures that the data center’s operations continue uninterrupted, providing businesses with peace of mind and minimizing the risk of costly downtime.
Market Restraints:
- High Initial Cost:
The initial cost of installing a Data Centre Uninterruptible Power Supply system is high, which may limit its adoption in some regions or industries. However, the long-term benefits of having a reliable power supply system can outweigh the initial cost.
- Maintenance Costs:
The maintenance costs associated with Data Centre Uninterruptible Power Supply systems can also be high. Regular maintenance is required to ensure that the system is functioning correctly, and any issues are resolved promptly to prevent downtime.
Market Opportunities:
- Growing Demand for Green
The growing demand for green energy solutions presents a significant opportunity for the Data Centre Uninterruptible Power Supply market. Many businesses are looking to reduce their carbon footprint and adopt more sustainable practices, including using renewable energy sources such as solar or wind power. The Data Centre Uninterruptible Power Supply system can be integrated with these renewable energy sources, providing a reliable and continuous power supply while also reducing energy costs and carbon emissions.
- Increasing Adoption of Modular Data Centers:
The increasing adoption of modular data centers presents another opportunity for the Data Centre Uninterruptible Power Supply market. Modular data centers are becoming increasingly popular as they offer greater flexibility and scalability than traditional data centers. The Data Centre Uninterruptible Power Supply system can be customized to meet the specific power requirements of modular data centers, providing a reliable and efficient power supply system.
Market Dynamics:
The Data Centre Uninterruptible Power Supply market is driven by various factors, including increasing demand for continuous and reliable power supply, growing number of data centers, and increasing adoption of cloud computing services. However, the market is also restrained by factors such as high initial costs and maintenance costs. The market presents significant opportunities for growth, including the growing demand for green energy solutions and increasing adoption of modular data centers.
Regional Analysis:
North America is the largest market for Data Centre Uninterruptible Power Supply systems, followed by Europe and Asia Pacific. The Asia Pacific market is expected to grow at the highest CAGR during the forecast period, driven by increasing investments in data centers and cloud computing services in countries such as China and India. The market in Latin America and the Middle East and Africa is also expected to grow at a significant pace during the forecast period.
Competitive Landscape:
Leading companies in the Data Centre Uninterruptible Power Supply market:
- Schneider Electric SE
- Eaton Corporation PLC
- Vertiv Co.
- ABB Ltd.
- Huawei Technologies Co., Ltd.
- Delta Electronics, Inc.
- Mitsubishi Electric Corporation
- Socomec Group
- Tripp Lite
- Legrand SA
Please note: This is a preliminary list; the final study will feature 18โ20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.
Segmentation:
The global Data Centre Uninterruptible Power Supply market is segmented by power rating, type, and region.
By Power Rating:
- 1-20 kVA
- 21-50 kVA
- 51-100 kVA
- 101-250 kVA
- Above 250 kVA
By Type:
- Modular
- Standalone
Category-wise Insights:
The 1-20 kVA segment is the largest segment in the market, followed by the 21-50 kVA segment. The 50 kVA and above segment is expected to grow at the highest CAGR during the forecast period. The modular Data Centre Uninterruptible Power Supply system segment is expected to grow at the highest CAGR during the forecast period, driven by the increasing adoption of modular data centers.
Key Benefits for Industry Participants and Stakeholders:
- Provides continuous and reliable power supply to data centers
- Minimizes the risk of costly downtime
- Ensures business continuity and data protection
- Can be integrated with renewable energy sources for greater sustainability
- Provides flexibility and scalability for modular data centers
SWOT Analysis:
Strengths:
- Essential for data centers
- Provides continuous and reliable power supply
- Can be integrated with renewable energy sources
Weaknesses:
- High initial cost
- High maintenance costs
Opportunities:
- Growing demand for green energy solutions
- Increasing adoption of modular data centers
Threats:
- Intense competition in the market
- Economic downturns affecting market growth
Market Key Trends:
- Increasing Adoption of Lithium-ion Batteries:
Lithium-ion batteries are becoming increasingly popular as a backup power solution for Data Centre Uninterruptible Power Supply systems. These batteries offer several advantages over traditional lead-acid batteries, including higher energy density, longer life span, and lower maintenance costs. Lithium-ion batteries are also more environmentally friendly than lead-acid batteries, making them a popular choice for businesses looking to reduce their carbon footprint.
- Rise of Edge Computing:
Edge computing is becoming increasingly popular as businesses seek to reduce latency and improve the performance of their applications. Edge computing involves processing data closer to where it is generated, rather than sending it to a centralized data center. This trend is driving the growth of smaller, distributed data centers, which require a reliable and continuous power supply system.
Covid-19 Impact:
The Covid-19 pandemic has had a significant impact on the Data Centre Uninterruptible Power Supply market. The pandemic has accelerated the shift towards remote working, e-commerce, and digital transformation, driving the demand for data centers and cloud computing services. This increased demand for data centers has, in turn, driven the demand for Data Centre Uninterruptible Power Supply systems. However, the pandemic has also disrupted supply chains and caused delays in the installation of new data centers, which has impacted the growth of the market.
Key Industry Developments:
- Eaton Corporation announced the launch of its Intelligent Power Manager software in September 2020. The software allows IT managers to monitor and manage their power infrastructure from a single console, improving efficiency and reducing costs.
- Vertiv Group Corporation announced the launch of its Liebert EXM2 UPS system in April 2021. The system is designed to provide a reliable and efficient power supply to data centers, offering up to 97% efficiency and a modular design for scalability.
Analyst Suggestions:
- Focus on Sustainability:
Sustainability is becoming increasingly important for businesses, and the Data Centre Uninterruptible Power Supply market is no exception. Players in the market should focus on developing more sustainable solutions, such as integrating renewable energy sources and using more environmentally friendly battery technologies.
- Invest in Research and Development:
Research and development are essential for staying competitive in the market. Players should invest in developing new and innovative solutions that meet the evolving needs of data centers and cloud computing services.
Future Outlook:
The Data Centre Uninterruptible Power Supply market is expected to grow at a significant pace in the coming years, driven by the increasing demand for continuous and reliable power supply in data centers.
The market presents significant opportunities for growth, including the growing demand for green energy solutions and increasing adoption of modular data centers. The rise of edge computing and the increasing adoption of lithium-ion batteries are also expected to drive the growth of the market.
Conclusion:
The Data Centre Uninterruptible Power Supply market is poised for significant growth in the coming years, driven by the increasing demand for continuous and reliable power supply in data centers.
The market presents significant opportunities for growth, including the growing demand for green energy solutions and increasing adoption of modular data centers. Players in the market should focus on developing more sustainable solutions, investing in research and development, and staying competitive in the market.