Summary

The modular UPS market will grow from USD 5.44 billion in 2024 to USD 9.52 billion by 2030 at a compounded annual growth rate (CAGR) of 9.8% during the forecast period. Modular UPS systems are changing power management for IT, telecommunications, healthcare, and manufacturing industries. A modular UPS solution enables providers of critical infrastructures, such as IT firms, servers, storage systems, network devices, and cloud platforms, to ensure continuous business continuity and data security during power outages.
The adoption of modular UPS systems is growing because of operations' scalability, energy efficiency, and reliability. These systems allow businesses to adjust to changing power demand without difficulty while assuring future endurance and performance. Modular designs also enable speedy repairs and substitutions since an uninterrupted power supply would be established with very little disruption to operations.

By battery type, the lithium-ion batteries segment holds the highest CAGR during the forecast period.
Lithium-ion batteries are rechargeable power sources best known for their high energy density, long life, and fast charging. With their efficiency and compactness, these batteries are used in modern power backup systems. The rise of businesses and their increased dependency on power would now mean unbroken power supplies for mission-critical operations, and medical services would be at the center of such applications. Hence, lithium-ion batteries will undoubtedly meet the reliable backup for that industry's significant needs in terms of downtime disruptions.

For instance, modular UPS systems with lithium-ion batteries will ensure that uptime-critical operations affecting transaction processing, data storage, and customer services in data centers or financial institutions run consistently. These recharge faster and last longer than lead-acid batteries, reducing maintenance and downtime.

A modular UPS design with lithium-ion batteries gives flexibility in increasing or reducing the power capacity of a business without a very expensive investment at the front. Their high energy density makes these lithium-ion batteries applicable in places lacking space as they provide a similar backup more compactly. Their operating efficiency in energy usage minimizes operation costs and stimulates the adoption of this technology, especially in healthcare, telecommunications, and IT. Companies would use modular UPS systems with lithium-ion batteries to ensure a reliable power backup solution, cost-saving in the long run, and the flexibility to augment it to support the expanding infrastructure.
Based on end users, the industrial segment holds the largest market share during the forecast period.
Continuous and reliable power supply is one of the key requirements for the industrial sector to run manufacturing processes smoothly, machinery safely, and critical systems optimally. Modular UPS systems are very effective, scalable, and efficient power protection solutions to unpredicted power outages, equipment failures, and power quality issues that can cause a shutdown. Modular UPS is especially useful to users who require scaling of power protection in manufacturing, automotive, oil and gas, and chemical industries because they require such systems for continuity in production. Modular systems give the flexibility to scale power protection whenever needed without making any unnecessary commitments toward huge heavyweight systems from the beginning. Gradually, as demand rises for those systems, additional capacity is added without shutting down the production.
The modular structure of UPS units also makes maximum operational flexibility and redundancy possible, particularly in industrial surroundings. Modular UPS systems enable different equipment configurations, ranging from production line operation through the use of a control room and beyond automation systems, thus promoting a continuous power supply. Hot-swappable modules and N+X redundancy features minimize downtime and maximize productivity, even during maintenance or upgrades. In other words, with the increasing automation and interconnectivity within the industrial operations, the uninterrupted supply is going to be much more needed to operate critical machinery and IT infrastructure, where modular UPS helps in continuous operation.
The smart manufacturing process and Industry 4.0 have increased the demand for modular UPS systems in various industrial applications. These systems protect data loss or damage to equipment due to power interruptions. A modular approach guarantees that industries will be configured to current primary power requirements but will also accommodate the addition of advanced technologies into more traditional industrial processes, including robotics, sensors, and AI. Modular UPS systems are designed to be energy-efficient yet scalable and cost-efficient. Moreover, these modular systems would contribute to the general growth and innovation of the industrial sector, making them a worthy investment for businesses that intend to maintain their competitiveness and resilience.
Based on the voltage, the medium voltage modular UPS(250-480V) segment holds the highest CAGR during the forecast period.
Medium voltage modular UPS systems (from 250 to 480 V) are designed for power protection in medium-sized businesses and facilities in the best capacity and flexibility. Applications for these systems are typically related to mid-sized data centers, healthcare facilities, educational institutions, and light industry plants. Usually, they are applied for powering operations that require robust, scalable, and energy-efficient power solutions that are reliable in the continuity of critical processes.
The medium voltage modular UPS systems are scalable, allowing businesses to scale their power capacity incrementally by adding modules to address changing needs without changing the entire system, thereby saving costs and being flexible over time. It usually comes with advanced technologies like a high-efficiency rectifier and inverter to improve energy performance and lower operating costs. The modular design has also made it easier to maintain the system with less downtime because units can be serviced and replaced without affecting the overall system.
Medium voltage UPS systems are generally known for their dependability and safeguarding critical infrastructure from power interruptions. Such UPS systems offer uninterruptible services in case of any power failure, sudden changes in voltage, or surges, which guarantees that critical, reliable operations can be run under a high level of disturbance. Such systems can become extremely valuable, for example, in a hospital when there is no downtime in medical lifesaving equipment. Data centers are also affected; a short outage can cause serviceability problems. Medium voltage modular UPS systems are perfect for solid but flexible options for medium-scale operations requiring solid power protection.
Breakdown of primaries
We interviewed Chief Executive Officers (CEOs), directors of innovation and technology, system integrators, and executives from several significant modular UPS market companies.
 By Company: Tier I: 40%, Tier II: 25%, and Tier III: 35%
 By Designation: C-Level Executives: 25%, Director Level: 37%, and Others: 38%
 By Region: North America: 42%, Europe: 24%, Asia Pacific: 18%, Rest of World: 16%
Some of the significant modular UPS market vendors are Huawei (China), Schneider Electric(France), ABB(Switzerland), Vertiv(US), Legrand(France), Hitachi Hi-Rel Power Electronics(India), Eaton(Ireland), Delta Electronics(Taiwan), Mitsubishi Electric(Japan), and Toshiba(Japan).
Research coverage:
In the market report, we covered the modular UPS market across segments. We estimated the market size and growth potential for many segments based on component, phase type, form factor, technology type, battery type, power capacity, voltage, organization size, end users, and region. It contains a thorough competition analysis of the major market participants, information about their businesses, essential observations about their product and service offerings, current trends, and critical market strategies.
Reasons to buy this report:

With information on the most accurate revenue estimates for the whole modular UPS industry and its subsegments, the research will benefit market leaders and recent newcomers. Stakeholders will benefit from this report's increased understanding of the competitive environment, which will help them better position their companies and develop go-to-market strategies. The research offers information on the main market drivers, constraints, opportunities, and challenges, as well as aids players in understanding the pulse of the industry.

The report provides insights on the following pointers:

Analysis of key drivers (demand for power resilience in smart cities, evolving disaster recovery and business continuity requirements, rise in data centers around the world, increasing demand for zero power downtime from various sectors, growing need for scalable and redundant power systems), restraints (high initial capital costs, availability of alternate power backup systems), opportunities (growing electric vehicle (EV) charging infrastructure, development of high-power computing (HPC) and AI Infrastructure, demand for hyperscale data centers, cloud usage, and extensive colocation facilities, need for green power supply), and challenges (automation dependence on battery technology and limited lifespan, limited awareness and competition from conventional power backup systems ).

• Product Development/Innovation: Comprehensive analysis of emerging technologies, R&D initiatives, and new service and product introductions in the modular UPS industry.

• Market Development: In-depth details regarding profitable markets: the paper examines the global modular UPS industry.

• Market Diversification: Comprehensive details regarding recent advancements, investments, unexplored regions, new goods and services, and the modular UPS industry.

• Competitive Assessment: Thorough analysis of the market shares, expansion plans, and service portfolios of the top competitors in the modular UPS industry, such as Huawei (China), Schneider Electric(France), ABB(Switzerland), Vertiv(US), and Legrand(France).

ページTOPに戻る

Table of Contents

1 INTRODUCTION 33
1.1 STUDY OBJECTIVES 33
1.2 MARKET DEFINITION 33
1.3 MARKET SCOPE 34
1.3.1 MARKET SEGMENTATION 34
1.3.2 INCLUSIONS AND EXCLUSIONS 35
1.3.3 YEARS CONSIDERED 36
1.4 CURRENCY CONSIDERED 37
1.5 STAKEHOLDERS 37
2 RESEARCH METHODOLOGY 38
2.1 RESEARCH APPROACH 38
2.1.1 SECONDARY DATA 40
2.1.2 PRIMARY DATA 40
2.1.2.1 Breakup of primary profiles 41
2.1.2.2 Key industry insights 41
2.2 MARKET BREAKUP AND DATA TRIANGULATION 42
2.3 MARKET SIZE ESTIMATION 43
2.3.1 TOP-DOWN APPROACH 44
2.3.2 BOTTOM-UP APPROACH 44
2.3.3 MARKET SIZE ESTIMATION APPROACHES 46
2.4 MARKET FORECAST 48
2.5 RESEARCH ASSUMPTIONS 49
2.6 RESEARCH LIMITATIONS 50
3 EXECUTIVE SUMMARY 51
4 PREMIUM INSIGHTS 56
4.1 OVERVIEW OF MODULAR UPS MARKET 56
4.2 MODULAR UPS MARKET, BY COMPONENT 57
4.3 MODULAR UPS MARKET, BY SERVICE 57
4.4 MODULAR UPS MARKET, BY POWER CAPACITY 58
4.5 MODULAR UPS MARKET, BY PHASE TYPE 58
4.6 MODULAR UPS MARKET, BY TECHNOLOGY TYPE 59
4.7 MODULAR UPS MARKET, BY FORM FACTOR 59
4.8 MODULAR UPS MARKET, BY BATTERY TYPE 60
4.9 MODULAR UPS MARKET, BY VOLTAGE 60
4.10 MODULAR UPS MARKET, BY ORGANIZATION SIZE 61
4.11 MODULAR UPS MARKET, BY END USER 61
4.12 MODULAR UPS MARKET: REGIONAL SCENARIO 62
5 MARKET OVERVIEW AND INDUSTRY TRENDS 63
5.1 INTRODUCTION 63
5.2 MARKET DYNAMICS 63
5.2.1 DRIVERS 64
5.2.1.1 Surging demand for power resilience in smart cities 64
5.2.1.2 Evolving disaster recovery and business continuity requirements 64
5.2.1.3 Rapid expansion of data centers 64
5.2.1.4 Increasing demand for zero power downtime 65
5.2.1.5 Growing need for scalable and redundant power systems 65
5.2.2 RESTRAINTS 66
5.2.2.1 High initial capital costs 66
5.2.2.2 Availability of alternate power backup systems 66
5.2.3 OPPORTUNITIES 66
5.2.3.1 Growing electric vehicle charging infrastructure 66
5.2.3.2 Development of high-power computing and AI infrastructure 67
5.2.3.3 Increasing count of hyperscale data centers, cloud usage, and large colocation facilities 67
5.2.3.4 Rising demand for green power supply 68
5.2.4 CHALLENGES 68
5.2.4.1 Growing reliance on automation and limited lifespan of batteries 68
5.2.4.2 Limited awareness and increasing preference for non-modular solutions 68
5.3 CASE STUDY ANALYSIS 69
5.3.1 UK’S LARGEST PUBLIC SECTOR ORGANIZATION INSTALLED VERTIV’S SMARTMOD SOLUTION TO ENHANCE DATA CENTER INFRASTRUCTURE 69
5.3.2 ABB’S MODULAR UPS SOLUTION EMPOWERED FICOLO’S UNDERGROUND DATA CENTER EXPANSION 70
5.3.3 FUJI ELECTRIC’S UPS SOLUTION ENSURED SMOOTH, RELIABLE OPERATIONS AND HIGH-QUALITY PRINTING FOR NEW DELHI MANUFACTURER 70
5.3.4 CONVERGE ICT SOLUTIONS EXPANDED ITS DATA CENTER WITH HUAWEI SMARTLI UPS 71
5.3.5 CZECH ICT LEADER UPGRADED ITS DATA CENTER POWER WITH ABB'S CONCEPTPOWER DPA 500 UPS 71
5.3.6 DATAVITA PARTNERED WITH VERTIV TO DEPLOY LITHIUM-ION BATTERY SYSTEM IN SCOTLAND’S FIRST METRO DATA CENTER 72
5.4 ECOSYSTEM ANALYSIS 73
5.5 SUPPLY CHAIN ANALYSIS 75
5.6 PRICING ANALYSIS 77
5.6.1 INDICATIVE PRICING ANALYSIS OF KEY PLAYERS, BY COMPONENT 78
5.6.2 AVERAGE SELLING PRICE TREND FOR KEY PLAYERS, BY REGION 79
 
5.7 TRADE ANALYSIS 80
5.8 PATENT ANALYSIS 83
5.8.1 LIST OF MAJOR PATENTS 84
5.9 TECHNOLOGY ANALYSIS 86
5.9.1 KEY TECHNOLOGIES 86
5.9.1.1 AI & ML 86
5.9.1.2 Battery management systems 86
5.9.1.3 Dynamic adaptive redundancy architecture 87
5.9.2 COMPLEMENTARY TECHNOLOGIES 87
5.9.2.1 IoT 87
5.9.2.2 Power management 88
5.9.2.3 Cloud integration 88
5.9.3 ADJACENT TECHNOLOGIES 89
5.9.3.1 Edge computing 89
5.9.3.2 Distributed UPS architecture 89
5.10 REGULATORY LANDSCAPE 90
5.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
5.10.2 REGULATIONS, BY REGION 91
5.10.2.1 North America 91
5.10.2.2 Europe 93
5.10.2.3 Asia Pacific 94
5.10.2.4 Middle East & South Africa 94
5.10.2.5 Latin America 94
5.10.3 REGULATORY IMPLICATIONS AND INDUSTRY STANDARDS 95
5.10.3.1 General Data Protection Regulation 95
5.10.3.2 SEC Rule 17a-4 95
5.10.3.3 ISO/IEC 27001 95
5.10.3.4 System and Organization Controls 2 Type II 95
5.10.3.5 Financial Industry Regulatory Authority 95
5.10.3.6 Freedom of Information Act 96
5.10.3.7 Health Insurance Portability and Accountability Act 96
5.11 PORTER’S FIVE FORCES ANALYSIS 96
5.11.1 THREAT OF NEW ENTRANTS 97
5.11.2 THREAT OF SUBSTITUTES 98
5.11.3 BARGAINING POWER OF SUPPLIERS 98
5.11.4 BARGAINING POWER OF BUYERS 98
5.11.5 INTENSITY OF COMPETITIVE RIVALRY 99
5.12 KEY CONFERENCES AND EVENTS, 2024–2025 99
5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 100
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 101
5.15 BUYING CRITERIA 102
5.16 BUSINESS MODEL ANALYSIS 103
5.16.1 PRICING MODEL 103
5.16.2 FULL-SERVICE MAINTENANCE MODEL 103
5.16.3 HYBRID MANAGED MODEL 104
5.16.4 MODULAR SCALABILITY-AS-A-SERVICE MODEL 104
5.17 INVESTMENT & FUNDING SCENARIO 104
5.18 FUTURE OF MODULAR UPS MARKET 105
5.19 IMPACT OF AI/GEN AI ON MODULAR UPS MARKET 106
5.19.1 GEN AI APPLICATIONS 106
5.19.2 CASE STUDY 107
5.19.2.1 Centiel’s advanced modular UPS solution safeguarded AI and blockchain infrastructure in Singapore’s tech landscape 107
5.19.3 VENDOR INITIATIVE 107
5.19.3.1 Vertiv 107
5.20 ARCHITECTURE OF MODULAR UPS SYSTEM 108
5.20.1 CENTRALIZED MODULAR UPS SYSTEM 108
5.20.2 DECENTRALIZED MODULAR UPS SYSTEMS 108
6 MODULAR UPS MARKET, BY COMPONENT 109
6.1 INTRODUCTION 110
6.1.1 COMPONENT: MODULAR UPS MARKET DRIVERS 110
6.2 SOLUTIONS 111
6.2.1 INCREASING DEMAND FOR SYSTEMS WITH HIGHER SCALABILITY AND RELIABILITY TO PROPEL MARKET GROWTH 111
6.2.2 SOLUTION, BY MODULE TYPE 112
6.2.2.1 Power modules 112
6.2.2.1.1 Inverter modules 113
6.2.2.1.2 Rectifier modules 113
6.2.2.1.3 Load-sharing modules 114
6.2.2.2 Battery modules 114
6.2.2.2.1 Valve-regulated lead-acid batteries 115
6.2.2.2.2 Nickel-cadmium batteries 115
6.2.2.2.3 Nickel-metal hydride batteries 115
6.2.2.2.4 Flywheel energy storage 116
6.2.2.2.5 Lithium-ion batteries 116
6.2.2.3 Display units 117
6.2.2.3.1 LCD panels 118
6.2.2.3.2 Light-emitting diode displays 118
6.2.2.3.3 Remote monitoring display units 119
 
6.2.2.4 Switching units 119
6.2.2.4.1 Static switches 120
6.2.2.4.2 Automatic transfer switches 120
6.2.2.4.3 Rectifier switches 121
6.2.2.4.4 Inverter switches 121
6.3 SERVICES 122
6.3.1 GROWING RELIANCE ON UNINTERRUPTED POWER SUPPLY IN CRITICAL INFRASTRUCTURE TO DRIVE MARKET 122
6.3.2 PROFESSIONAL SERVICES 124
6.3.2.1 Installation & deployment 126
6.3.2.2 Maintenance & support 127
6.3.2.3 Training & education 128
6.3.3 MANAGED SERVICES 129
6.3.3.1 Upgrade & scalability 130
6.3.3.2 Service agreements 130
7 MODULAR UPS MARKET, BY POWER CAPACITY 131
7.1 INTRODUCTION 132
7.1.1 POWER CAPACITY: MODULAR UPS MARKET DRIVERS 132
7.2 SMALL (UP TO 100 KW) 133
7.2.1 INCREASING NEED FOR COST-EFFECTIVE POWER PROTECTION SOLUTIONS TO BOOST MARKET 133
7.3 MEDIUM (101–500 KW) 135
7.3.1 SCALABILITY, FLEXIBILITY, AND RELIABILITY TO FUEL MARKET GROWTH 135
7.4 LARGE (ABOVE 500 KW) 136
7.4.1 GROWING EXPANSION OF LARGE-SCALE DATA CENTERS AND CRITICAL INFRASTRUCTURE TO PROPEL MARKET GROWTH 136
8 MODULAR UPS MARKET, BY VOLTAGE 138
8.1 INTRODUCTION 139
8.1.1 VOLTAGE: MODULAR UPS MARKET DRIVERS 139
8.2 LOW-VOLTAGE MODULAR UPS (100–250 V) 140
8.2.1 SCALABILITY, ENERGY EFFICIENCY, AND COST REDUCTION TO FUEL MARKET GROWTH 140
8.3 MEDIUM-VOLTAGE MODULAR UPS (251–480 V) 141
8.3.1 EASY MAINTENANCE, ROBUST DESIGN, AND ADAPTABILITY TO DRIVE MARKET 141
8.4 HIGH-VOLTAGE MODULAR UPS (481–1,000 V) 143
8.4.1 ADVANCED MONITORING AND MANAGEMENT CAPABILITIES TO SUPPORT MARKET GROWTH 143
8.5 ULTRAHIGH-VOLTAGE MODULAR UPS (>1,000 V) 144
8.5.1 RISING NEED FOR EFFICIENT POWER MANAGEMENT IN GRID-CONNECTED SYSTEMS TO BOOST MARKET 144
 
9 MODULAR UPS MARKET, BY PHASE TYPE 146
9.1 INTRODUCTION 147
9.1.1 PHASE TYPE: MODULAR UPS MARKET DRIVERS 147
9.2 SINGLE-PHASE UPS 149
9.2.1 AFFORDABILITY AND EASY INTEGRATION INTO LIMITED SPACES TO AID MARKET GROWTH 149
9.3 THREE-PHASE UPS 150
9.3.1 INCREASING NEED FOR HIGH POWER RELIABILITY IN LARGE-SCALE FACILITIES TO DRIVE DEMAND FOR THREE-PHASE UPS SYSTEMS 150
10 MODULAR UPS MARKET, BY FORM FACTOR 152
10.1 INTRODUCTION 153
10.1.1 FORM FACTOR: MODULAR UPS MARKET DRIVERS 153
10.2 RACK-MOUNTED UPS 154
10.2.1 INCREASING TREND OF EDGE COMPUTING & DISTRIBUTED IT INFRASTRUCTURE TO DRIVE MARKET 154
10.3 FREESTANDING UPS 155
10.3.1 MODULARITY, SCALABILITY, AND ENHANCED THERMAL MANAGEMENT TO BOLSTER MARKET GROWTH 155
11 MODULAR UPS MARKET, BY BATTERY TYPE 157
11.1 INTRODUCTION 158
11.1.1 BATTERY TYPE: MODULAR UPS MARKET DRIVERS 158
11.2 LEAD-ACID BATTERIES 159
11.2.1 SURGING DEMAND FOR DEPENDABLE PERFORMANCE IN CRITICAL POWER BACKUP SITUATIONS TO SUPPORT MARKET GROWTH 159
11.3 LITHIUM-ION BATTERIES 160
11.3.1 FASTER RECHARGE TIMES AND LONGER LIFESPAN THAN TRADITIONAL LEAD-ACID BATTERIES TO DRIVE DEMAND 160
11.4 NICKEL-CADMIUM BATTERIES 162
11.4.1 ROBUSTNESS AND ABILITY TO PERFORM IN EXTREME CONDITIONS TO ACCELERATE MARKET GROWTH 162
12 MODULAR UPS MARKET, BY ORGANIZATION SIZE 164
12.1 INTRODUCTION 165
12.1.1 ORGANIZATION SIZE: MODULAR UPS MARKET DRIVERS 165
12.2 LARGE ENTERPRISES 166
12.2.1 NEED FOR STRONG, SCALABLE SOLUTIONS FOR MEETING GROWING POWER DEMANDS TO DRIVE MARKET 166
12.3 SMES 167
12.3.1 FLEXIBILITY FOR EASY EXPANSION OR ADJUSTING CAPACITY WITHOUT SIGNIFICANT UPFRONT INVESTMENTS TO SUPPORT MARKET GROWTH 167
 
13 MODULAR UPS MARKET, BY TECHNOLOGY TYPE 169
13.1 INTRODUCTION 170
13.1.1 TECHNOLOGY TYPE: MODULAR UPS MARKET DRIVERS 170
13.2 DOUBLE CONVERSION ONLINE UPS 171
13.2.1 DOUBLE CONVERSION ARCHITECTURE TO MINIMIZE RISKS FROM ELECTRICAL DISTURBANCES, ENSURING OPTIMAL EQUIPMENT PERFORMANCE AND EXTENDED LIFESPAN 171
13.3 LINE-INTERACTIVE UPS 172
13.3.1 SURGING DEMAND FOR MAINTAINING OPERATIONAL CONTINUITY UNDER FLUCTUATING POWER CONDITIONS TO DRIVE MARKET 172
14 MODULAR UPS MARKET, BY END USER 174
14.1 INTRODUCTION 175
14.1.1 END USERS: MODULAR UPS MARKET DRIVERS 175
14.2 BFSI 177
14.2.1 NEED FOR ENSURING SEAMLESS OPERATIONS, PROTECTION OF CRITICAL FINANCIAL DATA, AND MAINTAINING UNINTERRUPTED SERVICES TO DRIVE MARKET 177
14.2.2 BFSI: TYPES 178
14.2.2.1 Banking 178
14.2.2.2 Insurance 178
14.2.2.3 Financial institutions 179
14.3 DATA CENTERS 180
14.3.1 NEED FOR SCALABLE, ENERGY-EFFICIENT, AND REDUNDANT POWER SYSTEMS TO DRIVE MARKET 180
14.3.2 DATA CENTERS: TYPES 181
14.3.2.1 Cloud service providers 181
14.3.2.2 Colocation data centers 181
14.3.2.3 Edge data centers 182
14.4 HEALTHCARE & LIFE SCIENCES 183
14.4.1 FLEXIBILITY FOR SCALING POWER IN ACCORDANCE WITH GROWING NEEDS TO AID MARKET GROWTH 183
14.4.2 HEALTHCARE & LIFE SCIENCES: TYPES 184
14.4.2.1 Hospitals & clinics 184
14.4.2.2 Pharmaceuticals 184
14.4.2.3 Diagnostic centers 185
14.5 IT & TELECOM 185
14.5.1 INCREASING DEMAND FOR UNINTERRUPTED CONNECTIVITY AND EXPANSION OF DIGITAL SERVICES TO DRIVE MARKET 185
14.5.2 IT & TELECOM: TYPES 187
14.5.2.1 Telecom operators 187
14.5.2.2 Internet service providers 187
14.5.2.3 Server farms 187
 
14.6 GOVERNMENT & DEFENSE 188
14.6.1 INCREASING CYBERSECURITY THREATS AND TECHNOLOGICAL ADVANCEMENTS TO SUPPORT MARKET GROWTH 188
14.6.2 GOVERNMENT & DEFENSE: TYPES 189
14.6.2.1 Military 189
14.6.2.2 Public administration 189
14.6.2.3 Emergency services 190
14.7 RESIDENTIAL 190
14.7.1 RISING HYBRID WORK MODELS AND EXPANDING SMART HOME ADOPTION TO FOSTER MARKET GROWTH 190
14.7.2 RESIDENTIAL: TYPES 191
14.7.2.1 Smart homes 191
14.8 COMMERCIAL 192
14.8.1 NEED FOR REDUCED MAINTENANCE COSTS, EASE OF SCALABILITY, AND HIGH AVAILABILITY TO DRIVE MARKET 192
14.8.2 COMMERCIAL: TYPES 193
14.8.2.1 Retail 193
14.8.2.2 Corporate offices 193
14.8.2.3 Hospitality 194
14.9 INDUSTRIAL 194
14.9.1 INCREASING SHIFT TOWARD SMART MANUFACTURING AND INDUSTRY 4.0 TO DRIVE DEMAND FOR MODULAR UPS SYSTEMS 194
14.9.2 INDUSTRIAL: TYPES 196
14.9.2.1 Manufacturing 196
14.9.2.2 Oil& gas 196
14.9.2.3 Mining 196
14.9.2.4 Energy & utilities 197
14.10 OTHER END USERS 197
15 MODULAR UPS MARKET, BY REGION 199
15.1 INTRODUCTION 200
15.2 NORTH AMERICA 201
15.2.1 NORTH AMERICA: MODULAR UPS MARKET DRIVERS 202
15.2.2 NORTH AMERICA: MACROECONOMIC OUTLOOK 202
15.2.3 US 210
15.2.3.1 Surging demand for reliable charging infrastructure to drive market 210
15.2.4 CANADA 211
15.2.4.1 Net-zero goals, grid modernization, and data center expansions to drive demand for energy-efficient modular UPS systems 211
15.3 EUROPE 213
15.3.1 EUROPE: MODULAR UPS MARKET DRIVERS 213
15.3.2 EUROPE: MACROECONOMIC OUTLOOK 214
 
15.3.3 UK 220
15.3.3.1 Increasing demand for ensuring operational continuity, minimizing downtime, and protecting critical assets to propel market growth 220
15.3.4 GERMANY 222
15.3.4.1 Rising demand for reliable and scalable power solutions to drive market 222
15.3.5 FRANCE 223
15.3.5.1 Rising need for reliable power continuity solutions to boost market 223
15.3.6 ITALY 225
15.3.6.1 Evolving digital technologies and surging need for resilient power solutions to bolster market 225
15.3.7 REST OF EUROPE 226
15.4 ASIA PACIFIC 228
15.4.1 ASIA PACIFIC: MODULAR UPS MARKET DRIVERS 229
15.4.2 ASIA PACIFIC: MACROECONOMIC OUTLOOK 229
15.4.3 CHINA 237
15.4.3.1 Surging AI demand and government investments to fuel market growth 237
15.4.4 JAPAN 239
15.4.4.1 Rapid technological advancements and increasing demand for reliable power solutions to drive market 239
15.4.5 ANZ 240
15.4.5.1 Increased reliance on digital infrastructure and expansion of high-performance computing systems to aid market growth 240
15.4.6 INDIA 242
15.4.6.1 Rising data center reliance and increasing power demands to boost market 242
15.4.7 REST OF ASIA PACIFIC 243
15.5 MIDDLE EAST & AFRICA 245
15.5.1 MIDDLE EAST & AFRICA: MODULAR UPS MARKET DRIVERS 245
15.5.2 MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK 245
15.5.3 GULF COOPERATION COUNCIL 253
15.5.3.1 Growing demand for uninterrupted power and providing enhanced operational continuity to foster market growth 253
15.5.3.2 KSA 255
15.5.3.3 UAE 257
15.5.3.4 Rest of GCC 258
15.5.4 SOUTH AFRICA 260
15.5.4.1 Surge in new digital infrastructure to boost market 260
15.5.5 REST OF MIDDLE EAST & AFRICA 261
 
15.6 LATIN AMERICA 263
15.6.1 LATIN AMERICA: MODULAR UPS MARKET DRIVERS 263
15.6.2 LATIN AMERICA: MACROECONOMIC OUTLOOK 263
15.6.3 BRAZIL 271
15.6.3.1 Ongoing digital advancements to influence market growth 271
15.6.4 MEXICO 272
15.6.4.1 Increasing reliance on digital infrastructure to drive market 272
15.6.5 REST OF LATIN AMERICA 273
16 COMPETITIVE LANDSCAPE 275
16.1 INTRODUCTION 275
16.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024 275
16.3 MARKET SHARE ANALYSIS, 2023 276
16.3.1 HUAWEI 278
16.3.2 SCHNEIDER ELECTRIC 278
16.3.3 ABB 278
16.4 BRAND/PRODUCT COMPARISON 279
16.4.1 HUAWEI 279
16.4.2 SCHNEIDER ELECTRIC 279
16.4.3 ABB 280
16.4.4 VERTIV 280
16.4.5 LEGRAND 280
16.5 REVENUE ANALYSIS, 2019–2023 280
16.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 282
16.6.1 STARS 283
16.6.2 EMERGING LEADERS 283
16.6.3 PERVASIVE PLAYERS 283
16.6.4 PARTICIPANTS 283
16.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 285
16.6.5.1 Company footprint 285
16.6.5.2 Region footprint 285
16.6.5.3 Power capacity footprint 286
16.6.5.4 Phase type footprint 286
16.6.5.5 End user footprint 287
16.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 288
16.7.1 PROGRESSIVE COMPANIES 288
16.7.2 RESPONSIVE COMPANIES 288
16.7.3 DYNAMIC COMPANIES 289
16.7.4 STARTING BLOCKS 289
 
16.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 290
16.7.5.1 Detailed list of key startups/SMEs 290
16.7.5.2 Competitive benchmarking of startups/SMEs 291
16.8 COMPANY VALUATION AND FINANCIAL METRICS 291
16.9 COMPETITIVE SCENARIO 293
16.9.1 PRODUCT LAUNCHES & ENHANCEMENTS 293
16.9.2 DEALS 296
17 COMPANY PROFILES 302
17.1 INTRODUCTION 302
17.2 MAJOR PLAYERS 302
17.2.1 HUAWEI 302
17.2.1.1 Business overview 302
17.2.1.2 Products/Solutions/Services offered 303
17.2.1.3 Recent developments 304
17.2.1.3.1 Product launches & enhancements 304
17.2.1.3.2 Deals 305
17.2.1.4 MnM view 306
17.2.1.4.1 Right to win 306
17.2.1.4.2 Strategic choices 306
17.2.1.4.3 Weaknesses & competitive threats 306
17.2.2 SCHNEIDER ELECTRIC 307
17.2.2.1 Business overview 307
17.2.2.2 Products/Solutions/Services offered 308
17.2.2.3 Recent developments 310
17.2.2.3.1 Product launches & enhancements 310
17.2.2.3.2 Deals 311
17.2.2.4 MnM view 312
17.2.2.4.1 Right to win 312
17.2.2.4.2 Strategic choices 312
17.2.2.4.3 Weaknesses and competitive threats 313
17.2.3 ABB 314
17.2.3.1 Business overview 314
17.2.3.2 Products/Solutions/Services offered 315
17.2.3.3 Recent developments 317
17.2.3.3.1 Deals 317
17.2.3.4 MnM view 317
17.2.3.4.1 Right to win 317
17.2.3.4.2 Strategic choices 317
17.2.3.4.3 Weaknesses and competitive threats 317
 
17.2.4 VERTIV 318
17.2.4.1 Business overview 318
17.2.4.2 Products/Solutions/Services offered 319
17.2.4.3 Recent developments 321
17.2.4.3.1 Product launches & enhancements 321
17.2.4.3.2 Deals 322
17.2.4.4 MnM view 323
17.2.4.4.1 Right to win 323
17.2.4.4.2 Strategic choices 323
17.2.4.4.3 Weaknesses and competitive threats 323
17.2.5 LEGRAND 324
17.2.5.1 Business overview 324
17.2.5.2 Products/Solutions/Services offered 325
17.2.5.3 Recent developments 326
17.2.5.3.1 Deals 326
17.2.5.4 MnM view 327
17.2.5.4.1 Right to win 327
17.2.5.4.2 Strategic choices 327
17.2.5.4.3 Weaknesses and competitive threats 327
17.2.6 HITACHI HI-REL POWER ELECTRONICS 328
17.2.6.1 Business overview 328
17.2.6.2 Products/Solutions/Services offered 328
17.2.6.3 Recent developments 329
17.2.6.3.1 Deals 329
17.2.7 EATON 330
17.2.7.1 Business overview 330
17.2.7.2 Products/Solutions/Services offered 331
17.2.7.3 Recent developments 333
17.2.7.3.1 Product launches & enhancements 333
17.2.7.3.2 Deals 334
17.2.8 DELTA ELECTRONICS 335
17.2.8.1 Business overview 335
17.2.8.2 Products/Solutions/Services offered 335
17.2.8.3 Recent developments 337
17.2.8.3.1 Deals 337
17.2.9 MITSUBISHI ELECTRIC 339
17.2.9.1 Business overview 339
17.2.9.2 Products/Solutions/Services offered 340
17.2.9.3 Recent developments 341
17.2.9.3.1 Product launches & enhancements 341
 
17.2.10 TOSHIBA 342
17.2.10.1 Business overview 342
17.2.10.2 Products/Solutions/Services offered 343
17.2.10.3 Recent developments 344
17.2.10.3.1 Product launches & enhancements 344
17.3 OTHER PLAYERS 345
17.3.1 FUJI ELECTRIC 345
17.3.2 RITTAL GMBH 346
17.3.3 RIELLO UPS 347
17.3.4 AEG POWER SOLUTIONS 348
17.3.5 PILLAR POWER SYSTEMS 349
17.3.6 CYBERPOWER SYSTEMS 350
17.3.7 SOCOMEC GROUP 351
17.3.8 BORRI INDUSTRIAL 352
17.4 SMES/STARTUPS 353
17.4.1 SCU 353
17.4.2 POWERSHIELD 354
17.4.3 SALICRU 355
17.4.4 POM POWER 356
17.4.5 POWERTRONIX 357
17.4.6 PROSTAR 358
17.4.7 TECHSER 359
18 ADJACENT AND RELATED MARKETS 360
18.1 INTRODUCTION 360
18.1.1 RELATED MARKETS 360
18.1.2 LIMITATIONS 360
18.2 MODULAR DATA CENTER MARKET 360
18.3 MICRO MOBILE DATA CENTER MARKET 362
18.4 DATA CENTER POWER MARKET 363
19 APPENDIX 365
19.1 DISCUSSION GUIDE 365
19.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 369
19.3 CUSTOMIZATION OPTIONS 371
19.4 RELATED REPORTS 371
19.5 AUTHOR DETAILS 372