Modular UPS (Uninterruptible Power Supply) Market

Global Modular UPS (Uninterruptible Power Supply) Market Size (2024-2032): 

The size of the global modular ups (uninterruptible power supply) market was worth USD 4.39 billion in 2023. The global market is anticipated to grow at a CAGR of 10.50% from 2024 to 2032 and be worth USD 10.78 billion by 2032 from USD 4.85 billion in 2024. 

Current Scenario of the Global Modular UPS (Uninterruptible Power Supply) Market

Whenever the input power source or main power fails, an uninterruptible power supply (UPS) or uninterruptible power source (UPS) supplies emergency power to a load. A UPS may differ from an auxiliary or emergency power system or a backup generator. It instantly protects against input power interruptions by delivering energy stored in batteries, supercapacitors, or flywheels.

The ability to scale up capacity as needed and lower maintenance costs are two of the key benefits of a modular UPS system. The modules are hot-swappable, and administrators can use a vendor to exchange or repair hardware. In addition, modular system designs can accommodate more modules than the required rated capacity, making them inherently redundant for a second of the expense of an extensive backup power system. Modular UPS systems also improve the efficiency of the power infrastructure. When a UPS system is near maximum rated capacity, it is most efficient; as the load level declines, it becomes less efficient. On the surface, these efficiency losses may not appear to be significant, but they mount up over time.

MARKET DRIVERS

The primary factor that drives the global modular UPS market growth is the increasing need for zero power outages from various industries. Digitalization has affected businesses in every industry. Therefore, electronic devices are being used to collect and retrieve data for business activities.

This enhances the need for a consistent and reliable power source. Enterprises can't perform business procedures if they don't have access to electricity. Therefore, there must be an assured and stable power source in a power outage or loss of primary power supply. The UPS maintains continuity and reliability when the main power goes out, allowing ongoing work to be saved and hardware to be safeguarded. Although UPS systems are in high demand in the IT industry, many industrial processes have recently embraced microprocessors and PC-based systems vulnerable to power outages. Moreover, a power outage that remains only a few seconds can impair industrial processes and result in significant financial losses. As a result, most industries across all sectors have begun implementing advanced UPS and modular UPS systems.

The ability to adapt a modular UPS system to suit load needs gives it a level of flexibility that fixed-capacity UPS systems don't have. This can be primarily utilized to improve operational efficiency by automatically turning off non-essential functions and putting them into sleep mode. Furthermore, modular UPSs take less time for service and maintenance. For example, if a module needs to be replaced, a UPS service engineer can usually do so within 30 minutes after arriving on site. Because of these problems, classic vertical (tower type) UPS are progressively replaced by modular UPS. The colocation market has grown dramatically in the last four years due to an increase in the number of businesses that rely on numerous large-scale applications that utilize the capabilities of different clouds. Enterprises expect their colocation provider to deliver higher service levels to consolidate their infrastructure and integrate more cloud services as needed, creating new prospects for the modular UPS market

MARKET RESTRAINTS

Modular UPS systems require a higher CAPEX and OPEX in terms of capital expenditure (CAPEX) and operational expenditure (OPEX).

The initial procurement of modular UPS systems, enormous cabinets, and monitoring software is included in CAPEX. Modular UPS systems cost more than standalone UPS systems because they require large cabinets to contain modules that allow for growth. Therefore, organizations must plan for their desired power capacity to obtain the full benefits of modular UPS systems. In addition, modular UPS units and batteries require ongoing, high-cost maintenance after installation. Therefore, these are the crucial factors that hinder the global modular UPS market growth in the upcoming years. Modular UPS systems, like other electrical appliances, require routine maintenance. Furthermore, service personnel are constantly at risk during maintenance if they contact UPS batteries while the systems are operational.

IMPACT OF COVID-19 ON THE MODULAR UPS (UNINTERRUPTIBLE POWER SUPPLY) MARKET

Due to global lockdowns, the COVID-19 pandemic has caused business continuity issues in various industries, including construction and real estate, IT, healthcare, and manufacturing. It has impacted supply chains, such as import and export controls based on regional government policies and future industry impact. It harms the modular UPS market's growth.

Throughout 2020, enterprise demand for UPS systems is predicted to be negative, especially in the retail, energy, transportation, IT, and government sectors. However, the modular UPS industry is likely to increase significantly as a result of COVID-19.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Modular UPS (Uninterruptible Power Supply) Market Analysis By Power Capacity

The 51-100 kVA power capacity is expected to be the largest segment in the Modular UPS market. Because they enable efficient maintenance, higher scalability, and improved services, the modular UPS systems in this range are frequently utilized by various BFSI service providers, small and medium-sized data centers, cloud service providers, and telecommunication operators. These 51–100 kVA solutions provide many advantages, including better usability, simple installation and capacity expansion, hassle-free maintenance, and on-demand capacity growth, all while enhancing corporate productivity. These solutions are provided by major companies like Emerson, Huawei, and Schneider Electric.

Global Modular UPS (Uninterruptible Power Supply) Market Analysis By Enterprise

Based on the enterprise, the large enterprise segment will account for the greatest global modular UPS market share. Large businesses are more likely to use modular UPS solutions and services, which is predicted to continue during the forecast period. Large organizations might benefit from modular UPS systems that provide continuous power supply with various power range modules. As a result, huge corporations invest extensively in modern technology to boost their total production and efficiency. In addition, large organizations' demand for flexible, scalable, and convenient services is projected to push market players to develop novel technologies and solutions.

Global Modular UPS (Uninterruptible Power Supply) Market Analysis By End User

The communication segment tends to dominate the global modular UPS market in the next six years based on End-user. Modular UPS ensures that communication networks run smoothly by providing a reliable power source. The telecommunications industry's demand for these systems can be divided into two categories: active and passive. Mobile towers, base station controllers, mobile switching centres, and tower sites require power backup systems in the active category. On the other hand, UPS systems rated at 400–600 kVA are used in the passive IT application.

REGIONAL ANALYSIS

Primarily due to the availability of data centre and collocation facilities and technologically advanced countries like the United States and Canada, North America is predicted to account for the most considerable market size throughout the projection period.

Asia Pacific region is predicted to contribute the highest CAGR in the upcoming years. It is primarily because of the growing importance of cloud computing and data centres.

For the next two years, the European Modular UPS market is predicted to increase slowly. However, after 2022, growth rates are likely to climb even more. The United Kingdom and Germany are the two largest UPS revenue generators in Europe, accounting for 38.0 per cent of the overall market in 2019. Furthermore, they are considered to be Europe's two fastest-growing nations.

KEY PLAYERS IN THE GLOBAL MODULAR UPS (UNINTERRUPTIBLE POWER SUPPLY) MARKET

Companies playing a prominent role in the global modular ups (uninterruptible power supply) market include Alltech Bio-products Co., Ltd., AMLAN International, Belgium Impextraco, Biomin Holding GmbH, Kemin Industries, Inc., Perstorp Performance Additives, Special Nutrients, NutriAd, NOREL Animal Nutrition, Olmix Group, and Others.

RECENT HAPPENINGS IN THE GLOBAL MODULAR UPS (UNINTERRUPTIBLE POWER SUPPLY) MARKET

• Eaton introduced the compact, modular 9PXM UPS in the United States and North America. Eaton claims that the 9PXM series has the lowest total cost of ownership in the 4-20 kVA range and assures online double-conversion technology and a 94 per cent efficiency rating at full load.
• At the online inauguration event of the Ultra-High-Density Modular UPS series on January 28, 2021, Huawei officially unveiled the new generation of big and medium-sized UPS5000-H series devices. With ten modular UPS 100KW@ 3U modules installed in one cabinet, a high-capacity configuration of 1MW power can be achieved. In addition, the UPS product series is hot-swappable, making maintenance activities for O&M personnel easy. The UPS modules can be replaced in only 5 minutes.

DETAILED SEGMENTATION OF THE GLOBAL MODULAR UPS (UNINTERRUPTIBLE POWER SUPPLY) MARKET INCLUDED IN THIS REPORT

This research report on the global modular ups (uninterruptible power supply) market has been segmented and sub-segmented based on power capacity, enterprise, end user and region.

By Power Capacity

• 0-50 kVA
• 51-100 kVA
• 101-300 kVA
• 301 and above

By Enterprise

• Small Enterprise
• Medium Enterprise
• Large Enterprise

By End User

• Communication
• Financial
• Chemical
• Industrial

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa