Market Size of Asia-Pacific Uninterruptible Power Supply (UPS) Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.94 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
APAC Uninterruptible Power Supply (UPS) Market Analysis
The Asia-Pacific Uninterruptible Power Supply (UPS) Market was estimated to be worth nearly USD 3.67 billion by the end of this area. The market is forecasted to grow at a CAGR of 4.94% during the forecast period.
The market was moderately affected by the Covid-19 pandemic; however, the market has recovered and reached pre-pandemic values.
- Over the long term, growing investments in data centers are expected to drive the market during the forecast period.
- On the other hand, UPS systems' high capital cost and operational expenditure are expected to restrain the market's growth during the forecast period.
- Nevertheless, the commercial integration of new technologies, such as Artificial intelligence (AI), Machine Learning (ML), IoT, etc., to provide increased efficiency and reliability in UPS systems is expected to be a significant growth opportunity for the market during the forecast period.
- Due to burgeoning power demand, increasing renewable energy generation, and growing demand for emergency backup systems, India is expected to be the fastest-growing geographical segment in the market during the forecast period.
APAC Uninterruptible Power Supply (UPS) Industry Segmentation
Uninterruptible Power Supply (UPS) is a power quality device that provides continuous and stable power to a critical system load. The device prevents prospective incoming power quality issues from the distribution system, such as interruptions, voltage sags, swells, harmonics, and noise that disrupts the performance of sensitive electronic components and other electrical equipment. It protects equipment susceptible to power quality fluctuations from interruptions and isolates the critical load from power quality issues in the incoming supply.
The Asia-Pacific Uninterruptible Power Supply Market is segmented by capacity, type, application, and geography. By capacity, the market is segmented into less than ten kVA, 10-100 kVA, and Above 100 Kva. By type, the market is segmented into standby UPS systems, online UPS systems, and line-interactive UPS systems. By application, the market is segmented into data centers, telecommunications, healthcare (hospitals, clinics, etc.), industrial, and other applications. The report also covers the market size and forecasts for the UPS market across countries in the region. . For each segment, the market sizing and forecasts have been done based on revenue (USD billion).
Asia-Pacific Uninterruptible Power Supply (UPS) Market Size Summary
The Asia-Pacific Uninterruptible Power Supply (UPS) market is poised for steady growth, driven by increasing investments in data centers and the integration of advanced technologies like AI, ML, and IoT. These technologies are expected to enhance the efficiency and reliability of UPS systems, presenting significant growth opportunities. Despite the high capital and operational costs associated with UPS systems, the market is recovering from the moderate impact of the Covid-19 pandemic and is projected to reach pre-pandemic values. The demand for UPS systems is particularly strong in India, where burgeoning power needs, renewable energy generation, and a rising number of data centers are fueling market expansion. The country's rapid internet penetration and urbanization are further driving the need for reliable power solutions to support its growing digital infrastructure.
Data centers, which require uninterrupted power to maintain data integrity and connectivity, are a major end-user segment for UPS systems in the region. The Asia-Pacific data center market is one of the fastest-growing globally, with China, Australia, India, and Japan leading in operational facilities. India's data center market is expanding rapidly due to increased internet access and user-generated data, making it a key driver for UPS demand. Major investments by companies like Cisco and Adani Group in data center projects underscore the region's growth potential. Additionally, the healthcare sector's expansion and rising industrialization in India are expected to further boost UPS market growth. The market is characterized by fragmentation, with key players such as Riello Elettronica SpA, EATON Corporation PLC, Emerson Electric Co., ABB Ltd, and Schneider Electric SE actively contributing to its development.
Asia-Pacific Uninterruptible Power Supply (UPS) Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD billion, till 2027
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitutes Products and Services
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1.7.5 Intensity of Competitive Rivalry
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Asia-Pacific Uninterruptible Power Supply (UPS) Market Size FAQs
What is the current Asia-Pacific Uninterruptible Power Supply (UPS) Market size?
The Asia-Pacific Uninterruptible Power Supply (UPS) Market is projected to register a CAGR of 4.94% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Uninterruptible Power Supply (UPS) Market?
Riello Elettronica SpA, EATON Corporation PLC, Emerson Electric Co., ABB Ltd and Schneider Electric SE are the major companies operating in the Asia-Pacific Uninterruptible Power Supply (UPS) Market.