An Uninterruptible Power Source (UPS) is an electrical device that provides emergency power to a load when the input power source or mains power fails. The on-battery run-time of most uninterruptible power sources is only a few minutes but sufficient to start a standby power source or properly shut down the protected equipment. The Global UPS Masks Market was 5.63 Billion USD in 2018 and is estimated to reach 9.07 Billion USD by 2025 at a CAGR of 7.05% during the forecast period.
Growth by Region
The Europe is expected to dominate Global UPS Market in the forecast period followed by North America. Asia Pacific to be expected to have highest CAGR due to the development of mega capacity data centers and expansion of cloud storage utilization capacity in this region.
Drivers vs. Constraints
The increasing frequency of power fluctuations, growing number of data centers and cloud storage utilization capacity, natural causes, short circuits as well as manmade outages are the reasons for the growth of Global UPS Market.
Industry Structure and Updates
In March 2018 ABB Ltd, has won an order to replace the control and protection systems for two high-voltage transmission links in Australia.
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