Market Size of Southeast Asia Uninterruptible Power Supply (UPS) Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | 3.30 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Southeast Asia UPS Market Analysis
The Southeast Asian uninterruptible power supply (UPS) market is expected to register a CAGR of about 3.3% during the forecast period.
The market was moderately impacted by COVID-19 in 2020. The market has now reached pre-pandemic levels.
- Over the short term, the major driving factors of the market are expected to be the increasing electricity demand primarily from end-users such as manufacturing and commercial during the forecast period.
- On the flip side, the high capital cost and operational expenditure are expected to slow down the growth of the market during the forecast period.
- The technological advancements in UPS systems, like artificial intelligence, machine learning, IoT, etc., are expected to create immense opportunities.
- Vietnam is expected to witness significant growth in the market due to the rising demand for manufacturing, telecom, and industrial sector, etc.
Southeast Asia UPS Industry Segmentation
An 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 Southeast Asian uninterruptible power supply (UPS) market is segmented by capacity, type, application, and geography. By capacity, the market is segmented into less than 10 kVA, 10-100 kVA, and above 100 kVA. The market is segmented by type 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 uninterruptible power supply market across major countries in the Southeast Asian region. For each segment, the market sizing and forecasts have been done based on revenue (USD million).
By Capacity | |
Less than 10 kVA | |
10-100 kVA | |
Above 100kVA |
By Type | |
Standby UPS System | |
Online UPS System | |
Line-interactive UPS System |
By Application | |
Data Centers | |
Telecommunications | |
Healthcare (Hospitals, Clinics, etc.) | |
Industrial | |
Other Applications |
By Geography | |
Vietnam | |
Malaysia | |
Singapore | |
Rest of Southeast Asia |
Southeast Asia Uninterruptible Power Supply (UPS) Market Size Summary
The Southeast Asian uninterruptible power supply (UPS) market is poised for steady growth, driven by increasing electricity demand from sectors such as manufacturing and commercial enterprises. The market has rebounded to pre-pandemic levels after a moderate impact from COVID-19. Despite challenges like high capital and operational costs, technological advancements in UPS systems, including artificial intelligence and IoT, are expected to offer significant opportunities. Vietnam is anticipated to experience notable growth due to its expanding manufacturing, telecom, and industrial sectors. The demand for standby UPS systems, particularly in consumer electronics, is expected to rise, fueled by the growing popularity of desktop PCs and gaming consoles.
The manufacturing sector, a key economic driver in Southeast Asia, particularly in Vietnam, is expected to boost the UPS market. Automation and the need for power quality equipment in industries such as automotive, food processing, and semiconductors underscore the importance of UPS systems in preventing monetary losses from power disruptions. Vietnam's strategic industrial policies and investments, such as the establishment of a solar inverter production facility, highlight the country's commitment to enhancing its manufacturing capabilities, further driving UPS demand. The market is moderately fragmented, with major players like Eaton Corporation, Riello Elettronica, and Emerson Electric Co. actively participating in the region, indicating a competitive landscape with ongoing product innovations and strategic partnerships.
Southeast Asia 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 million, 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 Market Drivers
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1.5.2 Market Restraints
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1.6 Supply Chain Analysis
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1.7 Industry Attractiveness - 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 Substitute Products and Services
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Capacity
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2.1.1 Less than 10 kVA
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2.1.2 10-100 kVA
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2.1.3 Above 100kVA
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2.2 By Type
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2.2.1 Standby UPS System
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2.2.2 Online UPS System
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2.2.3 Line-interactive UPS System
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2.3 By Application
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2.3.1 Data Centers
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2.3.2 Telecommunications
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2.3.3 Healthcare (Hospitals, Clinics, etc.)
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2.3.4 Industrial
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2.3.5 Other Applications
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2.4 By Geography
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2.4.1 Vietnam
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2.4.2 Malaysia
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2.4.3 Singapore
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2.4.4 Rest of Southeast Asia
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Southeast Asia Uninterruptible Power Supply (UPS) Market Size FAQs
What is the current Southeast Asia Uninterruptible Power Supply (UPS) Market size?
The Southeast Asia Uninterruptible Power Supply (UPS) Market is projected to register a CAGR of greater than 3.30% during the forecast period (2024-2029)
Who are the key players in Southeast Asia Uninterruptible Power Supply (UPS) Market?
Riello Elettronica SpA, EATON Corporation PLC, Emerson Electric Co., Delta Electronics Inc. and ABB Ltd are the major companies operating in the Southeast Asia Uninterruptible Power Supply (UPS) Market.