Global integrated UPS market is expected to flourish at a CAGR of 3.2% over the forecast period. Factors such as growing data centers and expansion of IT industry are driving the integrated UPS market.
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The global integrated UPS market is segmented into application such as data center, personal computer and others. Among these segments, data center integrated UPS segment is expected to grow at a significant CAGR in integrated UPS market during the forecast period.
Rising numbers of data centers across the globe is expected to be the major factor behind the growth of the data center integrated UPS market. Moreover, surging digitization of healthcare, BFSI and other such industries is believed to impel the growth of the data center integrated UPS.
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Moreover, evolving trend of digitization in various end use sectors bodes well for the growth of the integrated UPS market. Moreover, the global integrated UPS market is anticipated to garner noteworthy revenue by the end of 2024.
North America grabbed the largest market share in overall integrated UPS market in 2016. Further, North America is believed to continue its dominance over the forecast period.
This can be attributed to high number of data centers in the region. Further, growing IT investment in the region is expected to benefit the growth of the market.
U.S. is the major country contributing to the growth of the integrated UPS market. Europe region is anticipated to showcase significant growth during the forecast period.
Presence of major companies and surging co-location data centers in Western Europe is driving the growth of the Europe integrated UPS market.
Growing Data Centers across the Globe
Rising number of data centers across the globe is envisioned to bolster the growth of the integrated UPS market during the forecast period. Further, growth of online networking services is believed to impel the demand for integrated UPS.
Technological Advancement and Innovation
The market is witnessing the launch of advanced and innovative integrated UPS. Apart from this, key vendors are heavily investing in the development of advanced UPS systems.
These activities are believed to benefit the growth of the market in the long run.
Although, high cost of integrated UPS and availability of other type of UPS in the market is likely to inhibit the growth of the global integrated UPS market in the near future.
The report titled “Integrated UPS Market : Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the global integrated UPS market in terms of market segmentation by application, by end user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key players of the global integrated UPS market which includes company profiling of Emerson Electric Co., Huawei Technologies Co., Ltd., General Electric, Schneider Electric, BICKER ELEKTRONIK GmbH, IEM Power Systems, Siemens AG, Sager Electronics, Dynaspede Integrated Systems Pvt Ltd. and Dale Power Solutions. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
On the whole, the report depicts detailed overview of the global integrated UPS market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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