Global Uninterruptible Power Supply Systems Market to Reach US$7.8 Billion by 2015, According to New Report by Global Industry Analysts, Inc
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San Jose, CA (Vocus/PRWEB) January 06, 2011
A part of the power quality industry, UPS systems although flayed by the recent recession, is forecast to recover poise, given the growing ubiquity of power electronic devices. Demand for UPS has long been driven by sturdy growth in servers, personal computers and the stellar levels of development in information technology (IT), IT enabled services (ITES), manufacturing and the Banking, Financial Services and Insurance (BFSI) sectors. The financial crisis led world economic recession during the period 2007 and 2009, not surprisingly left the market hurting. The level of impact wielded by the recession can be thrown into sharp relief by the fact that market distortions, such as, fall in the business confidence index, bleeding corporate balance sheets, enterprise skepticism over infrastructure investments, tight liquidity/financial constraints, lack of credit availability, high borrowing rates and capital shortages to fund new investments in telecommunications, IT infrastructure, plants and equipment, have together shaved off approximately US$1.0 billion in market value between the period 2008 and 2009.
Corporate clamp down on IT budgets, for instance, resulted in declines in new purchases of computing and technology products and delays in data center expansions, which in turn exerted pressure on UPS systems, which are used to provide instantaneous protection to electronic devices/equipments/products against abrupt power failures and interruptions and voltage fluctuations i.e. voltage sags, spikes and surge. Computer and technology products for home users additionally has been severely impacted as a result of falling incomes, reducing household wealth, lower discretionary spends, rising unemployment, and crumbling consumer confidence, thus impacting sales of UPS systems in the consumer market.
Downturn in the semiconductor industry resulted in declines in UPS demand from the semiconductor wafer fabrication sector, wherein wafer fab plants are the largest end-users. Diminished manufacturing and commercial activity and the resulting declines in manufacturing output and industrial production reduced demand for electrical machinery in the process weakening demand for industrial UPS systems. Additionally, significant deflation in prices that began in late 2008 and continued through a major part of 2009 squeezed revenues for manufacturers in this space. With the recession turning most end-use customers price sensitive, volatility in raw material prices have forced manufacturers to absorb increases in production costs thus thinning profit margins further.
Global market for Uninterruptible Power Supply (UPS) Systems will be dominated by developed nations, with the US and Europe together accounting for a major share of the global market revenues, as stated by the new market research report. Apart from scalable and modular devices for data centers and server rooms, manufacturers are introducing single-phase UPS products to increase the number of servers that can be protected by a single UPS. In coming years, the industry will witness improvements in efficiency & control systems for larger UPS systems, which will then become readily available in smaller UPS systems as well. Focused mostly on server level protection, these solutions will find applications in the sub3kVA (pluggable) UPS market.
Looking beyond the current economic turbulence, there is still a lot of untapped potential in the above 200kVA UPS and higher than 500kVA UPS power segments, as outsourced commercial computing propels the need for reliable and robust back-up power solutions at large facilities. Given the undeniable importance of UPS systems in growing economies, developing markets are forecast to emerge to drive growth in the post recession period, given the glitches in the existing regional power scenarios, such as, power grid breakdowns and the resulting lack of continuous power, which in itself is an inducement for UPS installation. Market for Above 500 KVA UPS systems in Asia-Pacific is expected to surge at a CAGR of 2.96% through 2015.
Key players dominating the global uninterruptible power supply systems market include - Active Power Inc., Chloride Group Limited, DB Power Electronics (Pvt) Ltd, Eaton Corporation, Liebert Corporation, Schneider Electric, Piller Power Systems, Riello UPS Ltd., Tripp Lite, among others.
The research report titled "Uninterruptible Power Supply Systems: A Global Strategic Business Report", published by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, product overview, competition, product introductions/innovations, and recent industry activity. The study provides market estimates/projections for regions such as United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific, Latin America and Rest of World by the following product segments – UPS Systems Less than 5 KVA UPS System, 5.1 to 20 KVA, 20.1 to 50 KVA, 50.1 to 100 KVA, 100.1 to 200 KVA, 200.1 to 500 KVA, and Above 500 KVA.
For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Uninterruptible_Power_Supply_UPS_Systems_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
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