The worldwide data center UPS market was valued at US$ 4.22 Bn in the base year 2020 and expected to expand with a CAGR of 7.5% during the forecast period from 2025 to 2033. Increase in the number of business enterprises due to proliferation of data related services and consequent requirement to control and manage their voluminous data has led to rise in demand for data centers worldwide. With the advent of computing technologies and integration of Big Data analytics across business operations, demand for efficient processing and distribution of voluminous data is on rise, leading to a steep rise in popularity of data centers and related power infrastructure such as UPS systems. For instance, in 2020, the total number of data centers worldwide increased from 8.55 Mn in 2015 to 8.6 Mn in 2020, driving new UPS system installations.

Double Conversion/On-line UPS Systems to Dominate & Register Strong Growth

Double conversion/On-line UPS systems were the most preferred variants used in data centres across the globe. The value contribution from on-line UPS systems stood at over 50% in the base year 2021. Demand for on-line UPS systems across data centres can be largely credited to their ability to offer an electrical firewall between the electronic equipment and incoming utility power. Thus, these systems are ideal in environments where electrical isolation is essential for equipment sensitive to power fluctuations and where power outages are recurrent. The trend shall prolong as on-line UPS systems continue to witness steady growth in demand during the forecast period.

North America to Dominate; Asia Pacific to Register Strong Growth

North America represented the largest data center UPS market worldwide followed by Europe and Asia Pacific respectively in 2021. The value contribution from North America stood at around 38% in the same year. The U.S. is domicile to a huge IT industry and with launch of new server farms by technology giants including Google, Amazon, and Alibaba, the number of data centers, especially hyper-scale data centers and related infrastructure demand has increased over the years. On the contrary, demand for new UPS installations in the U.S. may get affected due to governments plan to consolidate data centers in the country. Asian countries offer lucrative investment and growth opportunities for participants across the ecosystem on the back of perpetually growing local data consumption. The data consumption in Asia Pacific is estimated to increase by 30% - 50% per annum between 2019 and 2020. Such unprecedented growth in data consumption and consequent storage will be influenced by evolving digital habits of consumers and government initiatives to upgrade country’s digital ecosystem (ex- smart cities). This, in turn, is presumed to drive demand for data centers and related power infrastructure in the region.

BFSI End-use Segment to Register Maximum Growth throughout the Forecast Period

In 2021, IT & Telecom represented the largest value contributing end-use segment in the global data center UPS market. Data centers form critical part of IT strategies adopted by tech giants including Microsoft, Google, and Oracle among others. Digitalization and advancements in cloud computing solutions is a major trend driving the overall data center industry and subsequently demand for power infrastructure. Increased adoption of cloud-based services and big data analytics by IT and telecommunication companies is driving demand for data centers and related power infrastructure. On the flip side, BFSI segment is forecast to register superior growth during the forecast period with financial organizations embracing digitalization and replacing conventional data handling techniques with advanced digital technologies. Consequently, demand for safe storage and efficient data processing & distribution at financial establishments is on a rise and estimated to register strong growth during the forecast period from 2025 to 2033.

Some of the leading manufacturers profiled in the study include ABB Ltd., Schneider Electric S.A., Delta Electronics Inc., Fuji Electric, Tripp Lite, Legrand S.A., Riello, Mitsubishi Electric, General Electric Company, Vertiv, Ametek Inc., Eaton Corporation Plc, Controlled Power Company, Emerson Network Power, IntelliPower, Belkin International, and Toshiba Corporation among others.

Historical & Forecast Period

This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Data Center UPS market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Data Center UPS market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Data Center UPS market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2033.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Data Center UPS market?
• Which is the largest regional market for Data Center UPS market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Data Center UPS market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Data Center UPS market worldwide?