Global UPS Battery Market for Data Center Industry to Post a CAGR of Over 11% Through 2022 | Technavio

Technavio has published a new market research report on the global UPS battery market for data center industry from 2018-2022. (Graphic: Business Wire)

LONDON--()--Technavio projects the global UPS battery market for the data center industry to post a CAGR of over 11% during the forecast period. The increase in adoption of modular UPS systems is a key driver, which is expected to positively impact market growth during the period 2018-2022.

Modular systems are available with lower capacity and cost less than regular batteries as the modular system allows the installation of additional modules with an increase in capacity. They are more efficient, require less space and are more economical in terms of installation when compared to larger systems.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers

In this report, Technavio highlights the growth in data center construction as one of the key emerging trends in the global UPS battery market for the data center industry:

Growth in data center construction

With the global economy moving towards increased digitization, there is a spur in demand for IT infrastructure. Several firms such as Amazon Data Services, Stream Data Centers, and Kao Data are investing in the construction of new data centers.

According to a senior analyst at Technavio for energy storage research, “The growing investment in the construction of data centers indicates a growing demand for cloud-based services. UPS is one of the mandatory infrastructures in data centers where projects are currently involved in developing UPS systems of N+1 and 2N redundancy, thereby fostering the growth of the market during the forecast period.”

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Market segmentation and analysis through 2022

This market research report segments the global UPS battery market for the data center industry by product (lead-acid battery and lithium-ion battery), and key regions (the Americas, APAC, and EMEA).

The lead-acid battery segment accounted for more than 95% of the market in 2017, followed by the lithium-ion segment. However, the market share of the lithium-ion segment is expected to witness an increase of more than 5% in its market share over the forecast period.

In 2017, the global UPS battery market for the data center industry was led by the Americas which accounted for 39% share followed by EMEA and APAC respectively. APAC is expected to witness an increase of close to 1% over the forecast period, while the Americas will see a corresponding decline in its market share by 2022.

 

Save big with Technavio this May!

Find out what companies are venturing in to beat the heat this summer! Technavio indulges you with a massive 20% OFF on all

non-alcoholic beverages reports for the entire month.

OR

Technavio honors the achievements and efforts of Motherhood this Mother's Day by offering a whopping 30% OFF on all cosmetics and toiletry reports. Offer valid from 7th May for a limited period.

 

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

Technavio projects the global UPS battery market for the data center industry to post a CAGR of over 11% during the forecast period, 2018-2022.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com