DUBLIN, Dec 20, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Industrial Uninterruptible Power Supply Market 2017-2021" report to their offering.
The report forecasts the global industrial UPS market to grow at a CAGR of 6.35% during the period 2017-2021.
The report, Global Industrial UPS Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The growing UPS market highly relies on the battery dynamics. Li-ion batteries have higher energy densities than lead-acid batteries or nickel-metal hydride batteries. Having high energy density means that the battery can store more electricity in the same size cell and with reduced UPS footprint. This is what makes the Li-ion batteries ideal for use in industrial UPS.
According to the report, aerospace and railways continue to play a pivotal role in the global industrial UPS market. The railway industry in the developing countries is expected to grow rapidly because of infrastructure development, rising industrialization, growing population, development of tourism, and modernization of railway infrastructure. There is a lot of emphasis on safety, increasing the length of fast tracks or corridors that has led to the requirement of wagons and high-speed passenger coaches, along with the expansion of metro train network to several cities. This augurs well for the UPS industry.
Further, the report states that the global industrial UPS market is dependent on the manufacturing and industrial businesses for its sustenance. The industrial business, on the other hand, is based on the global economy for its existence. In the times of strong macroeconomic numbers, the global appetite for the consumption of goods increase, thereby increasing the demand for manufactured products.
- AMETEK Solidstate Controls
- Emerson Network Power
- Schneider Electric
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by power rating
Part 07: Market segmentation by industry
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/wgjl3n/global_industrial
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SOURCE Research and Markets