Title: Data Center UPS Market share forecast to exceed $6.5bn by next seven years
1Data Center UPS Market Global Industry Analysis
Report, Share, Size, Growth, Price Trends and
Forecast, 2022 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights of Data Center UPS Market
- It is projected that the market size of data
center UPS market will go beyond USD 6.5 billion
till 2022 and will rise with a CAGR of 7.4
between the years 2015 to 2022 as predicted by
Global Market Insights. Growth of new data
centers with the reformation of earlier ones is
expected to give a considerable boost to the
market. Increase in outages and voltage
instability will accelerate the demand of capable
UPS systems in most of the data centers. Cloud is
the hottest technology which renders maximum
power in minimum space. - Data Center UPS market trend is expected to get
an upsurge with this technology. Big data center
industries were anticipated to go beyond USD 500
million in the year 2014 and are estimated to
touch USD 1 billion till 2022 with a CAGR of
8.5. Medium centers will rise distinctly because
of high demand in diverse fields like
universities, cable handling junctions, medical
field, government and commercial firms.
3Continued...
- Small data center market contributed 57 of the
overall share in the year 2014 and is likely to
rise with a compound annual growth rate of 7.
With great demand in factory floors, medical
imaging, industrial sectors, server rooms, the
market is expected to boom between the years 2015
to 2022. - North America which is a leading user of UPS was
appreciated with USD 1.3 billion and is likely to
cross USD 2.1 billion till 2022 with a CAGR of
6.9. Asia Pacific market is estimated to go
beyond USD 1.7 billion till 2022 and is likely to
rise with a CAGR more than 8.6 between the years
2015 to 2022. - Europe market noticed more than USD 990 million
in the year 2014 and is anticipated to cross USD
1.68 billion in the coming years. Speeding up the
demand from financial sectors, healthcare
industries, insurance services and computing
infrastructure is projected to fuel up UPS market
share.
4Continued...
- Major industries which have captured prominent
shares of Data Center UPS market include Emerson
Network Power, Controlled Power Company, Belkin
International, Gamatronic Electronic Industries,
Schneider Electric, Toshiba and others. - Saturation in semiconductor industry is projected
to obstruct the demand in the coming six years.
Many global U.S. manufacturers are estimated to
raise their voice for the slowdown of industries.
Countries like China and Taiwan, which are
considered as electronics center, will be
impacted more thus, disturbing the overall demand
in industries.
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