Report : South & Central America 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 2.2% CAGR, South & Central America Uninterrupted Power Supply Market is Projected to be Worth US$ 496.39 Million by 2031, says Business Market Insights
According to Business Market Insights’ research, the South & Central America uninterrupted power supply market was valued at US$ 415.64 million in 2023 and is expected to reach US$ 496.39 million by 2031, registering a CAGR of 2.2% from 2023 to 2031. Smart UPS systems and focus on energy efficiency in data centers are among the critical factors attributed to drive the South & Central America uninterrupted power supply market growth.
The principal advantages of an uninterruptible power supply in a data center are that it supplements primary power source failures and protects sensitive technology from dangerous electrical surges. Uninterruptible power supply (UPS) solutions such as smart capabilities can enable networked monitoring, centralized management, and optimized power demands. A standard UPS protects downtime throughout a data center's power infrastructure. Compared to legacy and standard units, smart UPS systems feature functions that simplify UPS management and reduce the mean time to recovery. A smart UPS can deliver real-time status updates, providing better insights into device health and performance. If a battery needs to be replaced, the system sends a notification. Smart UPS systems also enable more precise charge control and frequency and voltage regulation. This type of sophisticated battery management increases battery life and performance and reduces overall energy expenditures. You will not have to worry about overcharged batteries, and your equipment should receive a balanced degree of power protection, as well as evenly matched, conditioned, and controlled current without any oversight. Many major market players are introducing smart UPS systems in the market to capture the potential demand. For instance, in June 2022, Schneider Electric introduced the APC Smart-UPS Modular Ultra, the most sustainable uninterruptible power supply (UPS). This UPS offers customers more scalable power in the lowest footprint, freeing up space for essential IT or other equipment while increasing its time and minimizing the total cost of ownership. Schneider Electric's APC Smart-UPS Modular Ultra reinvents the single-phase modular UPS category to address changing customer demands for dispersed edge computing and hybrid IT environments.
On the contrary, high costs hamper the growth of South & Central America uninterrupted power supply market.
Based on type, the South & Central America uninterrupted power supply market is segmented into standby, line interactive, and online. The online segment held 43.6% market share in 2023, amassing US$ 181.24 million. It is projected to garner US$ 206.44 million by 2031 to register 1.6% CAGR during 2023–2031.
In terms of rating, the South & Central America 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 42.8% share of South & Central America uninterrupted power supply market in 2023, amassing US$ 177.73 million. It is anticipated to garner US$ 208.86 million by 2031 to expand at 2.0% CAGR during 2023–2031.
By end user, the South & Central America uninterrupted power supply market is segmented into data centers, telecom, healthcare, industrial, and others. The data centers segment held 26.8% share of South & Central America uninterrupted power supply market in 2023, amassing US$ 111.26 million. It is projected to garner US$ 138.81 million by 2031 to expand at 2.8% CAGR from 2023 to 2031.
Based on country, the South & Central America uninterrupted power supply market is categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Argentina captured 40.4% share of South & Central America uninterrupted power supply market in 2023. It was assessed at US$ 167.71 million in 2023 and is likely to hit US$ 195.23 million by 2031, registering a CAGR of 1.9% during 2023–2031.
Key players operating in the South & Central America 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 January 2021, Toshiba International Corporation (TIC) announced the launch of the G9400 Series Uninterruptible Power System for global use. The G9400 Series features Gen 7 IGBTs, the latest generation of advanced Carrier Stored Trench Bi-Polar Transistor (CSTBT) IGBT technology, the "engine" of the UPS. The G9400 technology allows for high power density in a small footprint and 97% online efficiency at various loads, making it ideal for large Colocation or Hyper-Scale Data Centers around the globe.
- 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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