Global Uninterruptible Power Supply (UPS) Market: Regional Insights
North America is expected to gain considerable growth in the global uninterruptible power supply (UPS) market during the forecast period. This is owing to presence of various hospitals, data centers, and industries having major demand for UPS systems. Moreover, the region has the most number of data centers in the world, and this number is likely to increase in the coming future. For instance, as per Cloudscene, in May 2022, North America accounted for more than 51% of data centers in the world, with 43.5% of data centers being in the U.S. Thus, these factors are likely to drive growth of the market in the region over the forecast period.
Moreover, Asia Pacific is also anticipated to show robust growth in the global uninterruptible power supply (UPS) market over the forecast period due to presence of several developing countries in the region facing unstable power supply and frequent blackouts, such as Cambodia, Malaysia, and Philippines among others. Moreover, major demand for UPS systems in end user sector such as telecom, manufacturing, commercial, and residential sector of the region is also expected to drive the market growth in Asia Pacific.
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