Report ID: SQMIG55E2028
Report ID:
SQMIG55E2028 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
97 |
Figures:
76
The modular uninterruptible power supply (UPS) industry has been significantly impacted by North America, particularly the United States. This popularity can be due to the region's profusion of data centers, strong IT infrastructure, and vital facilities that rely significantly on modular UPS systems for a reliable power supply. The increasing speed of digital transformation, the widespread use of cloud services, and the vital requirement for dependable power protection in industries like healthcare, banking, and telecommunications are driving demand for modular UPS in North America. Modular UPS systems are crucial for protecting data and infrastructure as companies and organizations depend more and more on data-driven operations.
In contrast, the modular UPS market is now expanding dramatically in the Asia-Pacific region, led by nations like China, India, and Japan. The rise of the IT and telecommunications industries, together with significant industrial and manufacturing operations, are the driving forces behind the region's prosperity. The need for modular UPS systems to safeguard power supply and guard against disruptions has increased as businesses in these nations keep growing. An increasing understanding of the importance of power quality and the demand for dependable backup power solutions is also present, particularly in light of the frequent power outages. Asia-Pacific is well-positioned for sustained, rapid growth in the modular UPS market due to the region's increased expenditures in infrastructure development and strong focus on improving data center capabilities.
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Report ID: SQMIG55E2028