Data Center Ups Market To Witness Growth Based On Increasing Prominence Of Smart UPS Systems Till 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
Global data center UPS market by product, (USD Million),
2012 – 2020
Browse full research report on Data
Center Ups Market
Further key findings from the report suggest:
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.
For more information: http://www.grandviewresearch.com

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