DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/v896kh/global_ups_market) has announced the addition of the "Global UPS Market 2015-2019" report to their offering.
The analysts forecast the Global UPS market to grow at a CAGR of 8.61% over the period 2014-2019
A UPS is an electrical device that provides power backup to loads during power outages. The UPS system provides instantaneous power backup at the time of power failure. UPS systems are widely used in the Telecommunication, IT, Oil and Gas, Chemical, and Food Processing industries. In general, three types of UPS technologies are used, which include online, line-interactive, and standalone
The emergence of next-generation power storage technologies is gaining increased market traction. These technologies help the power utilities meet the environmental norms because they cause minimal harm to nature. Thus, UPS batteries could be charged using renewable sources of power.
According to the report, power outages worldwide have increased significantly, which has increased the demand for power backup from industries. The increased number of over-voltages, over-currents, and power failures because of uneven power supply has led to an increased need for UPS systems from residential, commercial, and industrial end-users.
Further, the report states that lack of product differentiation is hindering market growth. Many vendors are trying to offer low-cost UPS systems to differentiate their products from the competition. Low-cost UPS systems are of lower quality and are less reliable.
- Emerson Electric
- Schneider Electric
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Power Rating
- Market Segmentation by End-users
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/v896kh/global_ups_market