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 global market for Modular UPS is expected to reach USD 2.5 billion by 2020, at a compound annual growth rate (CAGR) of 12.7% from 2015 to 2020.
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 report and free sample pages are available here.