The North America uninterrupted power supply market was valued at US$ 3,192.11 million in 2023 and is expected to reach US$ 5,509.98 million by 2031; it is estimated to register a CAGR of 7.1% from 2023 to 2031.
Smart buildings are equipped with technologically advanced products to ensure efficient use of the building's resources. This aims to create a safe and comfortable environment for its residents. Internet of Things (IoT) sensors, building management, artificial intelligence (AI) systems, and robots are among the technologies used in smart buildings, all of which are integrated and enhanced by power saving solutions. Automation is critical in a smart building because of the high level of connection between many activities, for example, between data sent by real-time motion sensors connected to the Internet of Things and building management systems. This automation extends to HVAC, lighting, and security systems, among other areas. All equipment and systems that comprise a smart building must have a dependable, consistent, and high-quality electricity supply. Uninterruptible power supply (UPS) systems can protect the hardware and software infrastructure of any building, whether commercial, business, educational, or residential. If the power supply is interrupted, the UPS will continue to provide the required power so that the computer equipment installed in the building has enough time to turn off and reboot properly, as well as store data and produce backup copies. UPS systems protect connected devices from power fluctuations that could cause major data loss or hardware damage. They provide an uninterrupted power source, giving the connected device enough time to turn off during a power loss. Thus, the rising number of UPS in smart buildings is driving the market growth.
The North America uninterrupted power supply market is segmented into the US, Canada, and Mexico. North America is an industrially and economically advanced region. The region has established a significant number of data centers, which are expected to grow in the coming years. For instance, in 2023, Microsoft announced its plan to invest US$ 500 million in developing a hyperscale cloud computing and AI infrastructure in Quebec. The investment was made to fulfill the goal of strengthening the region's innovation economy, creating high-value jobs, and preparing the province for the future AI economy. In 2024, Amazon subsidiary AWS announced its plan to invest US$ 5 billion to establish multiple data centers in Mexico to cater to the growing demand for cloud computing services. According to Reuters, Ruben Mugartegui, the CEO of AWS Mexico, stated that the new data centers will be established in the Mexican state of Queretaro. Mugartegui also stated that the company has been working on the project for more than five years and intends to divide the investment over a period of 15 years. Also, the rise in investment in smart grids in the region contributes to the increased demand for uninterrupted power supply. In 2023, the Department of Energy announced US$ 3.5 billion in grants to increase wind and solar power capacity, fortify power lines against extreme weather, integrate batteries and electric vehicles, and develop microgrids to keep lights operational during power outages. The report highlighted 58 projects in 44 states in the US as eligible for federal financing. The investment amount will reach more than US$ 8 billion with funding from state and local governments, utilities, and industry partners. This government initiative will drive the market growth in the region.
Strategic insights for the North America Uninterrupted Power Supply provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Uninterrupted Power Supply refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.North America Uninterrupted Power Supply Strategic Insights
North America Uninterrupted Power Supply Report Scope
Report Attribute
Details
Market size in 2023
US$ 3,192.11 Million
Market Size by 2031
US$ 5,509.98 Million
Global CAGR (2023 - 2031)
7.1%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Type
By Rating
By End User
Regions and Countries Covered
North America
Market leaders and key company profiles
North America Uninterrupted Power Supply Regional Insights
North America Uninterrupted Power Supply Market Segmentation
The North America uninterrupted power supply market is categorized into type, rating, end user, and country.
Based on type, the North America uninterrupted power supply market is segmented into standby, line interactive, and online. The online segment held the largest market share in 2023.
In terms of rating, the North 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 the largest market share in 2023.
By end user, the North America uninterrupted power supply market is segmented into data centers, telecom, healthcare, industrial, and others. The data centers segment held the largest market share in 2023.
Based on country, the North America uninterrupted power supply market is segmented into the US, Canada, and Mexico. The US dominated the North America uninterrupted power supply market share in 2023.
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. are some of the leading companies operating in the North America uninterrupted power supply market.
The North America Uninterrupted Power Supply Market is valued at US$ 3,192.11 Million in 2023, it is projected to reach US$ 5,509.98 Million by 2031.
As per our report North America Uninterrupted Power Supply Market, the market size is valued at US$ 3,192.11 Million in 2023, projecting it to reach US$ 5,509.98 Million by 2031. This translates to a CAGR of approximately 7.1% during the forecast period.
The North America Uninterrupted Power Supply Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Uninterrupted Power Supply Market report:
The North America Uninterrupted Power Supply Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Uninterrupted Power Supply Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Uninterrupted Power Supply Market value chain can benefit from the information contained in a comprehensive market report.