European $2.2 Bn Uninterrupted Power Supply (UPS) Market to 2025: Growth Opportunities in Edge Computing, Lithium-ion Powered UPS, Modular UPS Systems
DUBLIN, Feb. 16, 2021 /PRNewswire/ -- The "European Uninterrupted Power Supply (UPS) Market, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The European UPS market was worth $2,200.0 million in 2019. The market is in its maturity stage. The market is expected to grow at a slow pace for the next two years. Growth rates are expected to further accelerate after 2022.
There is a trend where end-users tend to deploy a UPS system configured for a larger power range to accommodate future growth. There are two key challenges associated with this issue. The first one is they end up paying for the additional power they will not use initially. The second issue arises when they do not grow their business as anticipated.
Modular UPS systems address these challenges effectively with their inherent flexibility and scalability, that is, modules can be added or made redundant according to requirement. The modular rack mounting configuration offers customers the advantage of swapping a faulty module with a new one without interruption to the working process of the whole UPS.
Table of Contents
Drivers and Restraints - Total European UPS Market
Forecasts and Trends - Total European UPS Market
Market Share and Competitive Analysis - Total European UPS Market
Growth Opportunities and Companies to Action
Research and Markets
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SOURCE Research and Markets