According to a new report, published by KBV research, The Global Modular UPS Market size is expected to reach $9.5 billion by 2030, rising at a market growth of 8.2% CAGR during the forecast period.
The Less than 100 KVA segment is registering a CAGR of 7.7 % during the forecast period. The ability to scale the UPS system is crucial for growing businesses with evolving power demands. Scalability is provided by modular UPS systems less than 100 kVA, allowing organizations to add or remove modules based on evolving requirements without overinvesting in excess capacity. Modular UPS systems with less than 100 kVA capacity often exhibit high efficiency, especially at partial loads, contributing to operational savings by reducing energy consumption.
The Large Enterprises segment led the Global Modular UPS Market, By Organization size in 2022; thereby, achieving a market value of $6.1 billion by 2030. Large enterprises typically have extensive and complex IT infrastructure, including data centers, servers, and critical applications. The scale of their operations often requires scalable and modular solutions to meet evolving power demands. As large enterprises expand their operations, they often experience a corresponding increase in power requirements. Modular UPS systems offer the flexibility to scale up the power infrastructure in line with the growing needs of the enterprise.
The BFSI segment is growing at a CAGR of 7.3 % during the forecast period. The BFSI segment relies heavily on continuous and reliable access to critical systems, including banking platforms, transaction processing systems, and customer databases. Modular UPS systems provide the necessary backup power to ensure uninterrupted operations, preventing financial losses and service disruptions. Securing financial transactions is paramount in the BFSI segment. Modular UPS systems contribute to this security by ensuring that the systems handling electronic fund transfers, online banking, and other financial operations remain operational and protected from power-related disruptions.
Full Report: https://www.kbvresearch.com/modular-ups-market/
The Asia Pacific region dominated the Global Modular UPS Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3.4 billion by 2030. The North America region is anticipated to grow at a CAGR of 7.8% during (2023 - 2030). Additionally, The Europe region would witness a CAGR of 8% during (2023 - 2030).
By Capacity
By Organization size
By End User
By Geography