UPS Battery Market: 2021 Trends, Global Analysis with Focus on Opportunities, Growth Potential & Forecast 2025
Market Highlights
Global Market for UPS Battery is expected to grow
at 10% CAGR during the forecast period, 2020–2026. UPS batteries are used to
provide the power backup power to the UPS system to ensure the proper
functioning of computers and other related electrical equipment in a safe
working condition.
In 2019, Asia-Pacific dominated the Global UPS
Battery Market in terms of share: MRFR
The global UPS battery market has been segmented
into five regions, namely, Asia-Pacific, the Middle East & Africa, Europe,
North America, and South America. Asia-Pacific is expected to hold the largest
share of the market during the forecast period. The rising adoption of modular
UPS systems, growing demand for colocation facilities, and the growing demand
for UPS in BFSI and IT infrastructure drive the growth of the UPS battery
market in the region. In October 2017, CYRUSONE (US) along with the
partnership with GDS Holdings Limited (China) invested USD 100 million for the
development of data centers in China. In July 2019, Oracle (US) opened its new
data center in Seoul to meet the demand of cloud computing services in South
Korea. Similarly, In November 2019, AirTrunk (Australia) invested USD 1 billion
to develop data centers in the northern part of Sydney in Australia. This leads
to an increased demand for UPS battery for the continuous power supply to data
centers in South Korea. Such factors are expected to drive the growth of the UPS
battery market in the Asia-Pacific region during the forecast period.
The global UPS battery market has been segmented
based on battery type, organization size, and application. Based on battery
type, the global market is divided into lead acid, nickel cadmium, Li-ion, and
others. The Li-ion segment is expected to hold the larger share of the market
and grow at the fastest rate during the forecast period. Based on organization
size, the global market is divided into small and medium enterprises (SMEs) and
large enterprises. The small and medium enterprises (SMEs) segment is expected
to grow at the fastest rate during the forecast period. Based on application,
the market is segmented into residential, commercial, data centers, and
industrial. The industrial segment is expected to hold the largest share of the
market and it is anticipated to grow at a faster rate during the forecast period.
Global UPS Battery Market is expected to grow at
10% CAGR during the forecast period.
Scope of the Report
This report provides an in-depth analysis of the
global UPS battery market, tracking three market segments across five
geographic regions. The report studies key players, providing a five-year
annual trend analysis that highlights market size and share for North America,
Europe, Asia-Pacific, South America, and the Middle East & Africa. The
report also presents a forecast, focusing on the market opportunities for the
next five years for each region. The scope of the study segments the global UPS
battery market by battery type, organization size, application, and region.
- By
Battery type
- Lead-acid
- Nickel Cadmium
- Li-ion
- Others
- By
Organization Size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- By
Application
- Residential
- Commercial
- Data Centers
- Industrial
- By Region
- North America
- Asia-Pacific
- Europe
- Middle East & Africa
- South America
Key Players
The players operating in the
Global UPS Battery Market
are GS Yuasa Corporation (Japan), East Penn Manufacturing (US), Saft Batteries
(France), Vertiv (US), Active Power (US), CSB Energy Technology Co., Ltd.
(Taiwan), Leoch International Technology Limited (Hong Kong), EnerSys (US),
Socomec (France), FIAMM Energy Technology S.p.A. (Italy), Eaton (Ireland),
Exide Industries Ltd. (India), Toshiba Corporation (Japan), Schneider Electric
(France), Kokam Co., Ltd (South Korea), and Kehua Data Co., Ltd. (China).
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/ups-battery-market-10461
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