NEW
YORK, June 19, 2024 /PRNewswire/ -- The global
data center ups market size is estimated to grow by
USD 6.73 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of over 12.83% during the forecast
period. Increase in adoption of modular ups systems is
driving market growth, with a trend towards use of lithium-ion ups
systems. However, ups battery failure poses a challenge. Key
market players include ABB Ltd., Centiel Global, Cyber Power
Systems Inc., Delta Electronics Inc., Eaton Corp. Plc, Enconnex
LLC, EverExceed Corp., Fuji Electric Co. Ltd., General Electric
Co., Hewlett Packard Enterprise Co., Hitachi Ltd., HITEC Power
Protection BV, Kohler Co., Legrand SA, Mitsubishi Electric Corp.,
RPS Spa, Schneider Electric SE, SolarEdge Technologies Inc.,
Toshiba Corp., and Vertiv Holdings Co..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Product (Centralized
UPS, Zone UPS, and Rack-mount UPS), Application (Tier 3 data
center, Tier 1 and 2 data center, and Tier 4 data center), and
Geography (North America, Europe, APAC, South America, and Middle
East and Africa)
|
Region
Covered
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Key companies
profiled
|
ABB Ltd., Centiel
Global, Cyber Power Systems Inc., Delta Electronics Inc., Eaton
Corp. Plc, Enconnex LLC, EverExceed Corp., Fuji Electric Co. Ltd.,
General Electric Co., Hewlett Packard Enterprise Co., Hitachi Ltd.,
HITEC Power Protection BV, Kohler Co., Legrand SA, Mitsubishi
Electric Corp., RPS Spa, Schneider Electric SE, SolarEdge
Technologies Inc., Toshiba Corp., and Vertiv Holdings
Co.
|
Key Market Trends Fueling Growth
Data centers rely on Uninterruptible Power Supply (UPS) systems
to ensure business continuity during power outages. Traditional
lead-acid batteries, while effective, require frequent monitoring
and replacement every three to five years. Flywheel-based UPS
systems are an alternative, but their shorter backup time is a
concern. Lithium-ion batteries offer longer backup time, minimal
maintenance, and smaller footprint, with a lifespan of nearly ten
years. However, their higher cost has hindered widespread adoption.
Prices have dropped significantly since 2015, making lithium-ion
batteries increasingly popular for UPS systems, driving market
growth.
The Data Center Ups market is experiencing significant growth
due to the increasing demand for reliable power solutions. Power
solutions such as Converters, Batteries, and Inverters are in high
demand to ensure uninterrupted power supply in data centers. The
use of advanced technologies like UPS Systems and Symmetrical
Multi-Level Converters is becoming more common. The adoption of
these technologies is driven by the need for higher efficiency,
longer backup times, and improved reliability. Additionally, the
trend towards cloud computing and the increasing use of IoT devices
in data centers is further fueling the growth of the Data Center
Ups market. The market is expected to continue growing in the
coming years as businesses prioritize the need for uninterrupted
power supply to support their digital operations.
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Market Challenges
- Data centers face significant challenges from UPS battery
failures, causing approximately 55% of downtime and potential
losses of up to USD500,000 per hour.
Manufacturers claim a ten-year battery lifespan, but external
factors like temperature inconsistencies, overcharging, and
frequent discharge cycles can shorten it. Inefficient UPS systems
and lack of maintenance exacerbate the issue. To mitigate these
risks, data centers must invest in modern, reliable UPS systems and
commit to regular battery maintenance.
- In the Data Center industry, up time is a critical metric for
success. However, achieving and maintaining high up time can be
challenging. Factors such as power outages, cooling system
failures, and network interruptions can cause downtime.
Additionally, the increasing complexity of data centers, with their
interconnected systems and dependencies, makes it harder to
identify and address issues before they cause outages. Furthermore,
the demand for more processing power and storage capacity puts
pressure on data centers to scale up quickly and efficiently,
adding to the complexity. These challenges require innovative
solutions and continuous improvement to ensure reliable and
efficient data center operations.
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challenges - Download a Sample Report
Segment Overview
This data center ups market report extensively covers market
segmentation by
- Product
- 1.1 Centralized UPS
- 1.2 Zone UPS
- 1.3 Rack-mount UPS
- Application
- 2.1 Tier 3 data center
- 2.2 Tier 1 and 2 data center
- 2.3 Tier 4 data center
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Centralized UPS- Data centers are essential
infrastructure for businesses, ensuring uninterrupted access to
digital services. The data center ups market caters to this need by
providing uninterruptible power supply systems. These systems
prevent power outages and maintain optimal operating conditions for
data centers. The market's growth is driven by the increasing
reliance on digital services and the need for businesses to ensure
data availability and security. Companies invest in ups systems to
protect their critical IT infrastructure and maintain business
continuity. The market is expected to grow steadily due to these
factors.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
In the digital age, data center reliability is paramount for
businesses, particularly in evolving economies and the remote
working culture. Power interruptions can lead to significant
downtime and financial losses for critical facility customers. UPS
systems, utilizing uninterrupted power supply technologies such as
copper, aluminum, and lead batteries, play a crucial role in
mitigating power interruptions. Edge computing and IoT
implementations also benefit from UPS systems, ensuring efficiency
and scalability. Remote monitoring and control solutions enable
real-time adjustments to power usage, reducing operating costs and
carbon footprint. AI and cloud infrastructure integration further
enhance UPS system capabilities, ensuring flexibility and safety
for SMEs and large enterprises alike. Backup power solutions offer
safety and peace of mind, ensuring business continuity during power
outages. The market for UPS systems continues to grow, driven by
increasing IT spending and the need for uninterrupted power and
reliability.
Market Research Overview
The Data Center Ups Market refers to the industry that provides
Uninterruptible Power Supply solutions for data centers to ensure
the continuous operation of critical IT infrastructure. These
systems protect against power interruptions caused by power
outages, voltage fluctuations, and power surges. The market is
driven by the increasing demand for data center capacity and the
need for businesses to ensure business continuity. The market also
benefits from advancements in technology, such as lithium-ion
batteries and fuel cells, which offer higher efficiency and longer
runtimes. Additionally, the growing adoption of cloud computing and
edge computing is expected to fuel market growth. The market is
segmented by solution type, such as online UPS systems and offline
UPS systems, and by application, such as telecommunications,
banking, and IT services.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Centralized UPS
- Zone UPS
- Rack-mount UPS
- Application
-
- Tier 3 Data Center
- Tier 1 And 2 Data Center
- Tier 4 Data Center
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio