What's driving the data center UPS market growth?
The surge in cloud computing, data storage needs, and big data adoption fuels the market's 7.3% CAGR growth (2024-2031).
Who are the major players in the data center UPS market?
Major players include Emerson, Eaton, Schneider Electric, ABB, and Mitsubishi Electric. These companies are actively investing in R&D, new product launches, and expansion to maintain their competitive edge.
Which region leads the data center UPS market?
Asia Pacific is the fastest-growing region, expected to overtake North America by 2030, driven by rapid urbanization and internet penetration.
What are the different types of data center UPS?
The market segments based on type include line interactive, standby, and online, with online UPS dominating due to its instant power backup capabilities.