Data Center Ups Market To Grow At A 7.3% CAGR from 2014 to 2020:Grand View Research,Inc.
Global data center UPS market is projected to exceed over
USD 5.67 billion by 2020. This growth can be attributed to falling tolerance
limits and interruptions in data transmissions. Besides, need to prevent loss
of confidential data has subsequently augmented UPS installations in data
centers. The market is expected to experience growth at CAGR of 7.3% on account
of rising demand for CRM systems, ERP systems, file servers, data warehouses
and cloud storage.
Product development through
innovations exhibiting energy efficient and eco-friendly technologies have
resulted in compensating for increasing power costs which are expected to
propel growth over the forecast period. Portable UPS systems have gained
widespread acceptance, particularly in small and medium businesses (SMBs),
which is projected to drive the market. Increasing prominence of smart UPS
systems owing to its capability of self-diagnosis and communication that
considerably reduces troubleshooting time is anticipated to have a positive
impact on the market. On a contrary, lack of product diversity among primary
companies has hindered the product industry. Slowdown in semiconductor industry
has subsequently affected the industry resulting in lack of inventory supply
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Small data center UPS systems constituted over 50.0% of the
total revenue in 2013, and its growth can be attributed to increasing demand
from SMBs, who prefer structuring their databases. Large data center UPS
systems are anticipated to witness sizeable growth owing to organizations which
aim at upgrading their data management systems and equipment over the forecast
period.
North America dominated the market
in 2013 which was majorly contributed by healthcare, insurance and financial
services. France, UK, and Germany are expected to contribute considerably to
the European revenue. UPS installations and connections are projected to
experience significant growth in the next seven years in Asia
The market comprises of several
eminent brands having experienced engineers for maintenance and proven testing
and engineering divisions. In an attempt to expand globally and enter new
markets, prominent players emphasize on setting up sales and service teams to
gain competitive advantage.
Availability of flexible options
offered by manufacturers that are aimed at increasing capacity by modifying
software is expected to provide a competitive base for all the players in the
industry.
Sellers are anticipated to reintroduce and renew partnerships with
flywheel suppliers for providing customers with efficient standby power
alternatives. Key industry participants include Schneider Electric, Belkin
International, Eaton, Clary, Emerson, General Electric, Toshiba and Gamatronic
Electronic Industries
Acquisitions, strategic alliances,
and mergers are key strategies being adopted by the companies to expand into
newer marketplaces and grow globally. Manufacturers have been continuously
emphasizing on improving the efficiency of these systems. As an instance,
Chinese telecom network provider, Huawei, launched a modular data center UPS,
in October 2014, claiming 97.0% efficiency. Other companies include Schneider
Electric SA, Clary Corp., General Electric, Gamatronic Electronic Industries,
Belkin International Inc., and Toshiba Corp.
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Grand View Research has segmented
the global data center UPS market on the basis of product and region:
Data Center UPS Product Outlook
(USD Million, 2012 – 2020)
• Small Data Centers
• Medium Data Centers
• Large Data Centers
Data Center UPS Regional Outlook (USD Million, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW
• Small Data Centers
• Medium Data Centers
• Large Data Centers
Data Center UPS Regional Outlook (USD Million, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW
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View Research: http://www.grandviewresearch.com/press-release/global-data-center-ups-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information:
www.grandviewresearch.com
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