NEW YORK, June 20, 2016 /PRNewswire/ --
Growing demand for power backup, declining prices and advancements in technology to drive sales of UPS in APAC countries
According to TechSci Research report "APAC UPS Market By kVA Range, By End User, By Country, Competition Forecast and Opportunities, 2011-2021", the market for UPS systems in Asia-Pacific is anticipated to surpass $ 4 billion by 2021 on account of increasing IT investments, surge in the number of small & medium sized enterprises and rapid growth in the infrastructural & commercial applications such as IT/ITeS, telecom, retail, hospitality & BFSI sectors. UPS systems provide uninterrupted power and constant protection to electric equipment from sudden interruptions in power supply, and consequently are witnessing a widespread adoption across various end users such as data centres, hospitals, hotels, telecommunication, IT sector, and various industries such as oil and gas, chemical, and food processing. Further, demand for UPS in the Asia-Pacific majorly emanates from expanding IT and telecom sector, which witnessed significant growth over the last decade, owing to the increasing IT investments and rising need for uninterrupted power supply to ensure continuous workflow. During 2012-2017, IT spending in the Asia-Pacific is expected to grow at a CAGR of around 7%, which is positively influencing the region's UPS market.
(Logo: http://photos.prnewswire.com/prnh/20140117/663730 )
Browse 3 market data Tables and 72 Figures spread through 154 Pages and an in-depth TOC on
"Asia-Pacific UPS Market"
Asia-Pacific Information Technology (IT) Spending, By Value (USD Billion), 2012-2017F
IT Spending (USD
Year Billion)
2012 672
2013 725.4
2014 757
2015E 817
2016F 875
2017F 933
Source: TechSci Research
On account of easy affordability and increasing digitalization in diverse end-use segments including small offices, banks, hospitals, shopping malls, amusement parks, retail outlets, etc., less than 5kVA UPS segment accounted for the largest share in Asia-Pacific UPS market, in 2015. Majority of the demand for UPS systems across Asia-Pacific emanates from commercial sector on the back of widening power demand-supply gap and increasing SMB IT spending. Emerson Network Power, APC by Schneider Electric, Eaton Corporation Plc. and Mitsubishi Electric Power Products are few of the major companies operating in Asia-Pacific UPS market.
Download Sample Report @ http://www.techsciresearch.com/sample-report.aspx?cid=700
Customers can also request for 10% free customization on this report.
"Increasing digitalization in the commercial and industrial sectors on account of rising SMB investments coupled with favorable government initiatives focusing on developing energy efficient technologies in order to overcome the problem of frequent power shortages, is likely to boost demand for UPS systems in Asia-Pacific through 2021" said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"APAC UPS Market By kVA Range, By End User, By Country, Competition Forecast and Opportunities, 2011-2021" has evaluated the UPS market across Asia-Pacific and provides statistics and information on market structure, industry behavior and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities available in Asia-Pacific UPS market.
Browse Related Reports
Global UPS Market By kVA Range (Less than 5 kVA, 5.1 - 20 kVA, 20.1 - 60 kVA, 60.1 - 200 kVA, Above 200 kVA), By End User (Residential, Commercial & Industrial), By Region, Competition Forecast and Opportunities, 2011-2021
India UPS Market Forecast and Opportunities, 2020
http://www.techsciresearch.com/report/india-ups-market-forecast-and-opportunities-2020/546.html
India Solar Rooftop Market By State (Delhi, Gujarat, Haryana, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Tamil Nadu) By End User (Commercial, Industrial, Residential) By Connectivity (On-Grid, Off- Grid) Forecast and Opportunities, 2021
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York - 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Connect with us on Twitter - https://twitter.com/TechSciResearch
Connect with us on LinkedIn - https://www.linkedin.com/company/techsci-research
Share this article