Increasing demand from various industries, raising technological advancements in transformerless UPS, and growing focus on alternate power sources are some of the major factors propelling the market growth during the forecast period.
According to Publisher, the Global Transformerless UPS Market is expected to grow at a CAGR of 13.4% during the forecast period.
On the other hand, high operational costs of transformerless UPS are hampering the market growth.
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Among the applications segment, IT industry signifies higher growth rate during the forecast period.Asia Pacific is expected to witness fastest growth on account of rapid industrialization growth and poor power supplies.
Some of the key players in Global Transformerless UPS Market include ABB, Borri Industrial Power Solution, Eaton Corp., Emerson Electric Co., GE Co., Mitsubishi Electric Corp., Newave Energy Holding SA, RPS Spa, Schneider Electric Co., ShenZhen HRD Science & Technology Co. Ltd., Toshiba International Corp., and Tripp Lite
-Small and Medium-sized Enterprises (SMEs)
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- Rest of Europe
- New Zealand
- Rest of Asia Pacific
-Rest of the World
- Middle East
- South Africa
8.2 Borri Industrial Power Solution
8.3 Eaton Corp.
8.4 Emerson Electric Co.
8.5 GE Co.
8.6 Mitsubishi Electric Corp.
8.7 Newave Energy Holding SA
8.8 RPS Spa
8.9 Schneider Electric Co.
8.10 ShenZhen HRD Science & Technology Co. Ltd.
8.11 Toshiba International Corp.
8.12 Tripp Lite.
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