Modular UPS market is expected to grow very fast

The major drivers of this expected market growth include lower cost, availability of customizable solutions, simplified installation, and integration of new modules. The 101-250 kVA segment is projected to grow at the highest rate during the forecast period, as solutions in this power range help the end-users ensure high availability and minimal downtime for the power supply. These solutions also help users achieve optimal efficiency and usability while ensuring the lowest cost and high returns on investments.

The IT and telecommunication vertical is estimated to hold the largest market share in 2017 and is expected to grow at a significant rate during the forecast period. The main reason for the high adoption of modular UPS is the rapid and simplified deployment of systems. Modular UPS systems offer various benefits to enterprises, such as scalability, reliability, flexibility, and portability of modules.

North America is estimated to have the largest market share in 2017, whereas APAC is projected to be the fastest growing region in the market. Implementation of advanced modular technologies to create a robust power supply, increasing Small and Medium-sized Enterprises (SMEs), expansion of business by the vendors in this region, and building of modern infrastructure capabilities to leverage next-generation technologies are some of the key reasons that have led APAC to become a highly potential market.

Source: Research And Markets

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