Report : Asia Pacific Uninterrupted Power Supply Market Forecast to 2031 - Regional Analysis - by Type (Standby, Line Interactive, and Online), Rating (upto 50 kVA, between 50 to 100 kVA, and above 100 kVA), and End User (Data Centers, Telecom, Healthcare, Industrial, and Others)
At 6.5% CAGR, Asia Pacific Uninterrupted Power Supply Market is Projected to be Worth US$ 7,003.09 Million by 2031, says Business Market Insights
According to Business Market Insights’ research, the Asia Pacific uninterrupted power supply market was valued at US$ 4,228.51 million in 2023 and is expected to reach US$ 7,003.09 million by 2031, registering a CAGR of 6.5% from 2023 to 2031. Focus in energy efficiency in data centers and smart UPS systems are among the critical factors attributed to drive the Asia Pacific uninterrupted power supply market growth.
Data centers account for a considerable amount of worldwide energy use, and this figure is only anticipated to rise as data demand rises. As per the 2023 AFL data, globally, data centers utilize ~3% of total energy output, with hyperscale data centers accounting for 20% of global data center electricity demand, which is expected to increase to 50% by 2020. Microsoft's 700,000-square-foot data center in Chicago, Illinois, is one of the world's largest, capable of consuming 198 MW of power. To attain net-zero emissions requirements, data centers must invest significantly in energy-saving techniques. Cooling is one of the most energy-intensive processes in data centers; thus, improving cooling systems can have a significant impact on energy efficiency. This would entail employing more effective cooling methods, such as liquid cooling, and implementing airflow-improvement measures. Furthermore, improving power management and employing more efficient power sources may help reduce power loss. Data centers' higher loads necessitate the installation of larger UPS systems to support them. Energy-efficient UPS systems reduce electricity losses and may include an "eco-mode." Running UPS systems in eco-mode can lower data center energy expenses by up to 2%. As the network's edge components get more sophisticated, so will the infrastructure that supports it. This will include technologies such as artificial intelligence and virtual reality planning and management systems. Moreover, according to IDC, the use of lithium-ion UPS systems has increased from 2% of sales in August 2021 to 8% in August 2022. The focus on energy efficiency in data centers is driving the demand for uninterrupted power supply systems.
On the contrary, high costs hamper the growth of Asia Pacific uninterrupted power supply market.
Based on type, the Asia Pacific uninterrupted power supply market is segmented into standby, line interactive, and online. The online segment held 44.2% market share in 2023, amassing US$ 1,870.21 million. It is projected to garner US$ 2,955.29 million by 2031 to register 5.9% CAGR during 2023–2031.
In terms of rating, the Asia Pacific uninterrupted power supply market is categorized into upto 50 kVA, between 50 to 100 kVA, and above 100 kVA. The above 100 kVA segment held 44.1% share of Asia Pacific uninterrupted power supply market in 2023, amassing US$ 1,864.08 million. It is anticipated to garner US$ 2,944.37 million by 2031 to expand at 5.9% CAGR during 2023–2031.
By end user, the Asia Pacific uninterrupted power supply market is segmented into data centers, telecom, healthcare, industrial, and others. The data centers segment held 27.9% share of Asia Pacific uninterrupted power supply market in 2023, amassing US$ 1,181.79 million. It is projected to garner US$ 2,011.85 million by 2031 to expand at 6.9% CAGR from 2023 to 2031.
Based on country, the Asia Pacific uninterrupted power supply market is categorized into India, China, South Korea, Japan, Australia, and the Rest of Asia Pacific. Our regional analysis states that China captured 26.4% share of Asia Pacific uninterrupted power supply market in 2023. It was assessed at US$ 1,117.17 million in 2023 and is likely to hit US$ 1,948.65 million by 2031, registering a CAGR of 7.2% during 2023–2031.
Key players operating in the Asia Pacific uninterrupted power supply market are Schneider Electric SE, ABB Ltd, Toshiba Corp, Cyber Power Systems (USA) Inc, Eaton Corp Plc, Emerson Electric Co, Delta Electronics Inc, Legrand SA, Mitsubishi Electric Corp, and Kehua Data Co Ltd, among others.
- In November 2021, Emerson redefined reliability with a new 24 Vdc DIN-rail mounted Uninterrupted Power Supply (UPS) control module that achieves a useful service life of fifteen years and a Mean Time Between Failures (MTBF) more than 1.5 million hours. Available in 240W and 480W models, the SolaHD SDU DC-B control module helps improve the availability of mission-critical devices while simplifying commissioning, reducing maintenance, and driving down the total cost of ownership across multiple industries.
- In January 2020, Mitsubishi Electric, an industry leader in the design, manufacturing, and servicing of reliable, environmentally friendly, uninterruptible power supplies (UPS), announced the release of the 9900D, a line of UPS products designed for the relentless demands faced by today's cloud and colocation data centers.
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