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    North America UPS Market Forecast 2027 By Application (BFSI, Data Centers, Healthcare, IT & Telecom, Manufacturing, Media & Entertainment, Residential), By Component (Solution [Standby (Offline), Line-interactive, Online UPS], Services [Managed, Professional]), By End use (SMEs, Large Enterprise), Research Report, Country Outlook, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: April 2022   |   Report ID: GR2092   |   Delivery: PDF  Request Free Sample

    North America UPS Market size surpassed USD 4 billion in 2020 and is expected to witness 5% CAGR from 2021 to 2027.

    North America UPS Market

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    The increasing construction of hyperscale data centers is boosting the demand for UPS that helps to minimize downtime caused due to equipment failure by power surges. A hyperscale data center requires high-quality energy management solutions to reduce the Power Usage Efficiency (PUE) ratio. These data centers require a considerable amount of power for peak data-intensive processes, driving the demand for UPS.

    The COVID-19 pandemic had a major impact on the economic conditions of the U.S. and Canada in 2020. The temporary closure of industrial plants in the region adversely impacted the UPS industry in the first half of 2020 owing to supply chain disruptions and limited availability of electronic components used to manufacture UPS. The industry regained traction in the second half of 2020 with the gradual resumption of manufacturing activities. The high penetration of technologies, such as e-commerce, e-learning, online banking, and video on-demand, resulted in high data traffic in 2020 and 2021, encouraging companies to offer high-quality power management solutions for data centers.

    North America Market, By Component

    The online UPS market is expanding in North America as it delivers continuous AC power to equipment and protects it from virtually all power disturbances due to blackouts, brownouts, sags, and surges. Several market players are providing inexpensive and high-quality power technology solutions with frequency regulations.

    It is essential for use with backup generator systems to protect from power variations. For instance, Huawei Technologies Co., Ltd. offers the UPS2000-G UPS that safely supplies AC power in the capacity range of 1 kVA to 20 kVA. Data centers, big branch offices, and sales networks employ the online, double conversion power system with rack & tower installation capabilities.

    North America Market, By Application

    The expanding healthcare sector of North America is supporting the UPS market growth as it helps to provide backup power to critical equipment. The region has a strong presence of renowned medical institutions such as the Cleveland Clinic, Massachusetts General Hospital, Mayo Clinic – Rochester, and Toronto General - University Health Network. The hospital facilities rely heavily on UPS systems to improve the reliability & efficiency of an electrical system used to offer critical care services.

    North America Market, By End use

    The UPS market in North America is observing a significant surge in demand for reliable power solutions that can support large enterprises with different power range modules. UPSs are designed to support high-scale power requirements and employ an integrated configuration of Insulated Gate Bipolar Transistors (IGBTs), fuses, and drive circuits to improve transmission efficiency. This helps to support critical high-density computing environments of large enterprises that use cloud services.

    Manufacturers offer advanced UPS technology for cloud computing to enable the large-scale enterprises to achieve optimum level of performance. It helps the large-scale enterprises to avoid the consequences of downtime, prevent implementation delays, and minimize wasted power consumption.

    Competitive Industry Landscape

    Prominent players operating in the North America UPS market include ABB Ltd., Toshiba Corporation, Ablerex Electronics Co. Ltd., Eaton Corporation, Inc., Emerson Electric Co., ENERSYS, Siemens AG, Huawei Technologies Co., Ltd., Legrand S.A., Mitsubishi Electric Corporation, Schneider Electric SE, SOCOMEC Group S.A., SolarEdge Solution (Gamatronic), and Vertiv Co. The companies are focusing on expanding their footprint by introducing new UPS solutions with a reduced footprint.

    Frequently Asked Question(FAQ) :

    What is the North America UPS market worth?
    The industry size for UPS in North America had reached over USD 4 billion in 2020 and is pegged to record a 5% CAGR between 2021 and 2027 owing to the rising construction of hyper scale data centers in the region.
    How are healthcare applications boosting UPS sector growth in North America?
    The market share for UPS in North America from the healthcare application segment will significantly expand through 2027 due to the higher need for providing backup power for critical medical equipment.
    Why are large enterprises driving UPS in North America market growth?
    The industry for UPS in North America is set to witness robust demand from large enterprises between 2021 and 2027, driven by the increasing demand for reliable power solutions with different power range modules.
    What was the impact of the COVID-19 pandemic on North America UPS industry?
    The temporary closure of industrial plants in the first half of 2020 during the COVID-19 crisis, mainly in the U.S. and Canada brought adverse impacts for the industry.

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