Uninterruptible Power Supply (UPS) Market Size & Trend Report, 2023-2032
The global uninterruptible power supply (UPS) market size was exhibited at USD 8.79 billion in 2022 and is projected to hit around USD 13.16 billion by 2032, growing at a CAGR of 4.12% during the forecast period 2023 to 2032.
Key Pointers:
Uninterruptible Power Supply (UPS) Market Report Scope
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Report Coverage |
Details |
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Market Size in 2023 |
USD 9.15 Billion |
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Market Size by 2032 |
USD 13.16 Billion |
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Growth Rate From 2023 to 2032 |
CAGR of 4.12% |
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Base Year |
2022 |
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Forecast Period |
2023 to 2032 |
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Segments Covered |
By Product, By Capacity and By Application |
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Market Analysis (Terms Used) |
Value (US$ Million/Billion) or (Volume/Units) |
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Regional Scope |
North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
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Key Companies Profiled |
Schneider Electric, Emerson Electric Co., S&C Electric Company, Toshiba Corporation, Xiamen Kehua Hensheng Co. Ltd., Sendon International Ltd., Delta Electronics Inc., Beijing Dynamic Power Co. Ltd., ABB Ltd, Riello Elettronica SpA, Eaton Corporation PLC, Mitsubishi Electric Corporation and Others. |
Uninterruptible Power Supply (UPS) is a power quality device that provides continuous and stable power to a critical system load. The device prevents any prospective incoming power quality issues from the distribution system, such as interruptions, voltage sags, swells, harmonics, and noise that disrupts the performance of sensitive electronic components and other electrical equipment. It protects equipment susceptible to power quality fluctuations from interruptions and isolates the critical load from power quality issues in the incoming supply. The global uninterruptible power supply market is segmented by capacity, type, application, and geography. By capacity, the market is segmented into less than 10 kVA, 10-100 kVA, and Above 100 Kva. By type, the market is segmented into standby UPS systems, online UPS systems, and line-interactive UPS systems. By application, the market is segmented into data centers, telecommunications, healthcare (hospitals, clinics, etc.), industrial, and other applications. The report also covers the market size and forecasts for the Uninterruptible Power Supply market across major regions. For each segment, the market sizing and forecasts have been done based on revenue (USD billion).
The growing demand for consumer electronics across the globe is one of the major drivers for standby UPS systems as compared to other UPS systems, as standby UPS system is the most preferred option for consumer electronics as it is the most economical option for devices with low power consumption. Due to the COVID-19 pandemic, the demand for desktop computers increased as people were forced to work from home.
For instance, according to the International Data Center (IDC), the global shipment of desktop personal computers increased in 2021 to about 88.27 million units compared to the previous year, which was just about 79.8 million. Desktop personal computers face challenges from mobile devices such as laptops and desktops, which is led to an overall decline in sales; however, in the future, it is expected to increase as more professionals work from home. In 2022, Current generation video game console sales as witnessed a significant growth with 46.4 million unit sales. The sales registered about 30.0% growth compared to previous year.
Similarly, the demand for gaming consoles is expected to increase during the forecast period and was aided by the coronavirus pandemic as it led to a surge in demand for home entertainment. According to VGChartz, the cumulative sales of current-generation consoles increased from 13.12 million units to 46.32 million units in 2021. A standby UPS is essential for gaming consoles, especially in areas with poor power quality, as unsafe levels of electricity can damage the system. Overall, the demand for standby UPS system is primarily expected to come from consumer electronics as offline UPS system provides the least expensive power backup and protection to the devices. It is expected to increase during the forecast period due to the increasing demand for desktop PC and gaming consoles.
Some of the prominent players in the Uninterruptible Power Supply (UPS) Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Uninterruptible Power Supply (UPS) market.
By Product
By Capacity
By Application
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Uninterruptible Power Supply (UPS) Market
5.1. COVID-19 Landscape: Uninterruptible Power Supply (UPS) Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Uninterruptible Power Supply (UPS) Market, By Product
8.1. Uninterruptible Power Supply (UPS) Market, by Product, 2023-2032
8.1.1 Online Conversion
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Line-interactive
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Off-line/ Standby
8.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Uninterruptible Power Supply (UPS) Market, By Capacity
9.1. Uninterruptible Power Supply (UPS) Market, by Capacity, 2023-2032
9.1.1. Less than 10 kVA
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. 10-100 kVA
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Above 100 kVA
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Uninterruptible Power Supply (UPS) Market, By Application
10.1. Uninterruptible Power Supply (UPS) Market, by Application, 2023-2032
10.1.1. Telecommunication
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Data Centers
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Industrial
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Medical
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Marine
10.1.5.1. Market Revenue and Forecast (2020-2032)
10.1.6. Residential & Commercial
10.1.6.1. Market Revenue and Forecast (2020-2032)
10.1.7. Others
10.1.7.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Uninterruptible Power Supply (UPS) Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2020-2032)
11.1.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.1.3. Market Revenue and Forecast, by Application (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.1.4.3. Market Revenue and Forecast, by Application (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.1.5.3. Market Revenue and Forecast, by Application (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.2.3. Market Revenue and Forecast, by Application (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.2.4.3. Market Revenue and Forecast, by Application (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.2.5.3. Market Revenue and Forecast, by Application (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.2.6.3. Market Revenue and Forecast, by Application (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.2.7.3. Market Revenue and Forecast, by Application (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.3.3. Market Revenue and Forecast, by Application (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.3.4.3. Market Revenue and Forecast, by Application (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.3.5.3. Market Revenue and Forecast, by Application (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.3.6.3. Market Revenue and Forecast, by Application (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.3.7.3. Market Revenue and Forecast, by Application (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.4.3. Market Revenue and Forecast, by Application (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.4.4.3. Market Revenue and Forecast, by Application (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.4.5.3. Market Revenue and Forecast, by Application (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.4.6.3. Market Revenue and Forecast, by Application (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.4.7.3. Market Revenue and Forecast, by Application (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.5.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.5.3. Market Revenue and Forecast, by Application (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.5.4.3. Market Revenue and Forecast, by Application (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Capacity (2020-2032)
11.5.5.3. Market Revenue and Forecast, by Application (2020-2032)
Chapter 12. Company Profiles
12.1. Schneider Electric
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Emerson Electric Co.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. S&C Electric Company
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Toshiba Corporation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Xiamen Kehua Hensheng Co. Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Sendon International Ltd.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Delta Electronics Inc.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Beijing Dynamic Power Co. Ltd.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. ABB Ltd
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Riello Elettronica SpA
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers