CHICAGO, August 19, 2015 /PRNewswire/ --
According to a new market research report, "Modular UPS Market by Solution Type (10-100 kVA, 101-250 kVA, 251-500 kVA, Above 501 kVA), Service Type (System Integration and Professional), Vertical Type, and Region (NA, Europe, APAC, LA and MEA) - Global Forecast to 2020", published by MarketsandMarkets, The report studies the global Modular UPS Market during the forecast period from 2015 to 2020. The market is expected to reach USD 2.5 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 12.7% from 2015 to 2020.
Browse 74 Tables and 40 Figures spread through 156 Pages and in-depth TOC on "Modular UPS Market - Global Forecast to 2020"
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The market report defines and divides the market into various segments with an in-depth analysis and forecasting of revenues. This research report also identifies the factors driving this market, various restraints, challenges, and opportunities impacting it, along with the future roadmaps. Additionally, the report emphasizes on key adoption trends, evolution of modular UPS techniques, attractive market opportunities, and business cases in this innovative market.
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The Modular UPS Market is broadly segmented by power capacity type into 10-100 kVA, 101-250 kVA, 251-500 kVA, and above 500 kVA; by type of service into integration service and professional service; by vertical into IT & telecom, data center, Banking, Financial Services, & Insurance (BFSI), defense, healthcare, energy, commercial & infrastructure, media & entertainment, manufacturing, and others; and by region into North America, Asia-Pacific (APAC), Europe, Latin America, and the Middle East and Africa (MEA).
Technology advancements and business operations introduce vast data on a daily basis in organizations. This increasing data needs infrastructure to be managed, which in turn needs increased power capacity which can be supported effectively by modular UPS systems. Traditional UPS systems have problems related to the availability of system, failure of system, efficiency, and scalability which can be overcome by the modular UPS system. This modular technique is an effective technology that can easily manage the scaling of power capacity and ensure continuous performance in data centers. The technologically leading companies are more focused on the modular UPS technology and are providing cost-effective, highly energy-efficient, and high-performance UPS solutions.
Another major driver that drives the Modular UPS Market is its lower maintenance costs. There are various other factors that are considered in the report, such as restraints, opportunities, and challenges, that help to understand the market and the trends to achieve growth in this market.
The APAC market is expected to account for a high share of the global Modular UPS Market with 34.75% by 2020. A number of factors, including demand for energy-efficient solution and developing economies with increasing number of data centers are creating the positive impact on the growth of the modular UPS market in the region.
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