The global UPS market will grow by US$ billion in 2011, as compared to last year, market research firm Pike Research predicts in a recently published report (“Next Generation Uninterruptible Power Supplies”):
“The expansion of the worldwide UPS market is driven by the growing need to protect sensitive electronic devices from grid power quality instability as well as by the decreasing acceptance of downtime.”
The key facts according to Pike Research’s report are:
- The worldwide UPS market generated over $7 billion in revenue in 2010. It is expected to grow 15% to more than $8 billion by the end of 2011.
- The small global UPS segment continued to generate the most revenue during the first half of 2011, but lost share to the fast-growing large UPS segment.
Pike expects a “handful of well-financed global manufacturers” to increase their lead in nearly all major markets. These companies are ready to make strategic acquisitions to strengthen their positions in key segments and regions. Still, some focused niche players, particularly in the high end of the market, continue to do well.
The key technology issues for these niche players in the UPS industry include:
- Even stronger focus on efficiency
- Transformer-less designs are getting more traction
Altogether this report is another proof for our philosophy: Newave was one of the first to design and promote transformer-less and modular technology concept of three-phase UPS systems in early 2001. Our DPA product line was always designed for achieving maximum efficiency under full and partial load even with difficult loads. If you are interested in more details please feel free to contact us now.