DUBLIN--(BUSINESS WIRE)--The "Saudi Arabia Uninterruptible Power Supply (UPS) Systems Market (2018-2024): Market Forecast By KVA Rating, By Applications, By Regions and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
Saudi Arabia Uninterruptible Power Supply (UPS) Systems market revenues are predicted to grow with a CAGR of 4.5% during 2018-24.
According to this research, the This growth would be aided by the government's efforts to strengthen the country's non-oil sectors. Under the Saudi Vision 2030 initiative, the construction of new hotels, education institutes, retail outlets, industrial spaces and power plant projects are under anticipated in the coming years. As a result, the development of the commercial and industrial sectors in Saudi Arabia are expected to drive the growth of the UPS in the country during the forecast period.
Amongst all applications, the commercial sector captured the highest market revenue share in the overall UPS systems market in 2017. In the commercial sector, data centers, BFSI and hospitality segments were the major revenue shareholders and are expected to maintain their dominance in the coming years on account of government emphasis in developing the country's social infrastructure.
The report comprehensively covers the Saudi Arabia UPS systems market by KVA ratings, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to the device and align their market strategies according to the current and future market dynamics.
By KVA Ratings:
- Below 1.1 KVA
- 1.1 KVA - 5 KVA
- 5.1 KVA - 20 KVA
- 20.1 KVA - 50 KVA
- 50.1 KVA - 200 KVA
- Above 200 KVA
- Data Centers
- ABB Ltd.
- Arabian Power Electronics Company
- Eaton Corporation Plc
- General Electric Company
- Legrand SNC FZE
- Riello UPS Middle East Fz-llc
- Schneider Electric SE
- Socomec Middle East
- Tripp Lite
- Vertiv Co.
For more information about this report visit https://www.researchandmarkets.com/research/kq62xg/saudi_arabia?w=4