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    Asia Pacific UPS Market Forecast 2027 By Component (Solution [Standby (Offline), Line-Interactive, Online UPS], Services [Managed, Professional]), By Application (BFSI, Data Centers, Healthcare, IT & Telecom, Manufacturing, Media & Entertainment, Residential), 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: GR2094   |   Delivery: PDF  Request Free Sample

    Asia Pacific UPS Market size valued at USD 2 billion in 2020 and is set to exhibit a CAGR of 5% from 2021 to 2027.

    Asia Pacific UPS Market

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    The availability of robust broadband connectivity in various countries of Asia Pacific including China, India, and Japan supports the adoption of UPS technology. The improving telecom infrastructure due to government initiatives will increase the market demand. A three-phase UPS system supplies clean, consistent power to several types of Private Branch Exchange (PBX) phone systems including individual and server-based operations. In addition, advanced UPS systems are used for mission-critical telecom applications that employ Power over Ethernet (PoE) and Voice over Internet Protocol (VoIP).  

    Asia Pacific Market, By Component

    Preventive maintenance and emergency services are combined in professional service packages. Market players provide customized solutions based on operational requirements, business activities, and the level of criticality associated with certain applications. The remote monitoring & management of UPS and physical infrastructure are aided by managed power services. It allows for the use of data collection and analytics to increase the reliability & cost-effectiveness of the asset. Customers can select from various services offered by leading companies to assure maximum performance and long-term dependability.

    Asia Pacific Market, By Application

    The increasing construction of smart cities in countries including China, India, and South Korea is supporting the demand for UPS as it is a suitable power backup option for extreme conditions. For instance, in November 2021, the government of South Korea announced to establish smart city platforms in 64 small & medium-sized cities by 2025, through a USD 215 million state project. UPS helps to reduces downtime by providing steady & reliable power supply for such residential projects. It protects against power issues such as surges, spikes, dips, and failure by detecting them and switching to alternate power before the anomalies cause harm to the smart city infrastructure.

    Asia Pacific Market, By End use

    The increasing number of SMEs supported by government funding is helping the UPS market expansion. For instance, in December 2021, the government of Singapore launched a USD 13.1 million Supply Chain 4.0 Initiative to support SMEs. It helped in developing digital & automated solutions such as Artificial Intelligence (AI) to meet the business demands. SMEs are increasing the adoption of UPS systems as they experience financial risks due to a limited ability to generate revenue during downtime. UPS offers various benefits such as high redundancy & efficiency, minimum floor space, load scalability, and deliver lower cost of ownership by allowing the user to take charge of the system by turning off modules if the load is lower. This minimizes the total energy usage while also ensuring that individual modules operate at the maximum output.

    Competitive Industry Landscape

    Major players involved in the 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. For instance, in March 2021, Vertiv Co. launched Vertiv Liebert EXM2, a three-phase monolithic UPS, in Australia, India, New Zealand, and Southeast Asia. It doubles power density up to 97%, which improves to 98.8% in the robust online mode. The system is designed for a wide range of applications, with power capacities ranging from 100 to 250 kVA and a small & adaptable footprint.

    Frequently Asked Question(FAQ) :

    What is the size of Asia Pacific UPS industry?
    The market share for UPS in the Asia Pacific had crossed USD 2 billion in 2020 and is poised to record a CAGR of over 5% through 2027 due to the higher availability of robust broadband connectivity in China, India, and Japan.
    How are services adding to UPS market growth in Asia Pacific?
    The industry size for UPS in Asia Pacific from the services segment will account for a significant revenue share by 2027 owing to the provision of customized solutions offered by companies in terms of operational requirements, and business activities.
    How are SMEs influencing the Asia Pacific UPS sector expansion?
    The market size for UPS in APAC from SMEs is likely to grow at a considerable value through 2027 driven by the rising government funding in the region.
    Who are the leading UPS providers in APAC?
    ABB Ltd., Toshiba Corporation, Ablerex Electronics Co. Ltd., Eaton Corporation, Inc., Emerson Electric Co., ENERSYS, Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, and Vertiv Co. are some of the well-known industry players in the region.

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