Industrial UPS Market Global Outlook & Forecast Report 2024-2029: Integration With Renewable Energy and High Energy Demand Driving Multi-Billion Opportunities

Dublin, May 13, 2025 (GLOBE NEWSWIRE) -- The "Industrial UPS Market - Global Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The Industrial UPS Market was valued at USD 6.43 billion in 2023, and is projected to reach USD 9.14 billion by 2029, rising at a CAGR of 6.04%

The market is experiencing competition from regional players who offer specialized solutions for local needs, often at more competitive prices. For instance, players in the APAC region, particularly in countries like China and India, are offering cost-effective UPS solutions tailored to the local industrial and infrastructural demands. These companies often compete on price and value, providing affordable yet reliable systems to meet the needs of SMEs and smaller industrial players. Additionally, these regional players are also capitalizing on growing demand from sectors such as renewable energy, healthcare, and telecommunications, where uninterrupted power supply is crucial.

North America is one of the leading regions in the industrial UPS market, primarily due to the robust industrial infrastructure, high adoption rates of advanced technologies, and stringent government regulations regarding power reliability. The U.S., in particular, is a key market for industrial UPS systems, owing to the large number of data centers, manufacturing facilities, and healthcare institutions requiring continuous power for their operations. The presence of major UPS manufacturers such as Eaton and Schneider Electric also bolsters the market in this region.

The APAC region is experiencing rapid growth in the industrial UPS market, driven by the expansion of industries such as electronics, automotive, manufacturing, and energy. Countries like China, India, Japan, and South Korea are key players in this region, with China being the largest market due to its significant industrial and manufacturing activities. The increasing demand for uninterrupted power supply to support industrial automation, digitalization, and the growing number of data centers is a major factor driving the market.

Europe is a mature market for industrial UPS systems, with high demand across sectors like automotive, manufacturing, energy, and telecommunications. Additionally, the push towards Industry 4.0 and sustainable manufacturing practices has increased the need for highly reliable power backup systems. The Middle East and Africa region is also witnessing a growing demand for industrial UPS systems, particularly in the Middle East due to the rapid expansion of industries like oil and gas, construction, and utilities.

Countries like Saudi Arabia, the UAE, and South Africa have significant energy infrastructure needs, which drives UPS adoption to ensure power continuity. The Latin American industrial UPS market is still developing, with growth driven by countries like Brazil, Mexico, and Argentina. In this region, UPS adoption is primarily driven by the need for reliable power in sectors such as mining, oil and gas, manufacturing, and telecommunications.

MARKET TRENDS & OPPORTUNITIES

Integration With Renewable Energy

As society transitions to a zero-carbon electricity grid, the role of smart UPS is growing. Advances in communication protocols, management software, and battery technologies enable modern UPS systems to interact with local power networks. They can either draw power from the grid or supply battery power to help stabilize the grid, balancing demand and supply. Common applications include frequency stabilization and peak shaving, which reduce reliance on the mains supply.

High Energy Demand

The increasing global demand for energy, driven by factors such as industrial expansion, and the widespread digitalization of businesses, has significantly impacted various sectors, including manufacturing, information technology, and critical infrastructure. According to ENERGY STAR, new energy-efficient UPSs typically range from 92% to 95% efficiency, while older models can be below 90%. For example, the Eaton Energy Saver System claims 99% efficiency.

This efficiency reflects how much incoming power is used to supply the load, with losses attributed to the UPS operation. A 90% efficient UPS means 10% of the incoming power is lost. ENERGY STAR-certified UPSs can reduce energy losses by 30%-55% compared to standard models. A 1000 kVA UPS in a large data center can save $18,000 annually. A 15,000-square-foot data center operating at 100 watts per square foot, using 13,140 MWh annually, could save $90,000 if its UPS system improves from 90% to 95% efficiency, reducing energy consumption by 768,421 kWh at a rate of $0.12/kWh, plus further savings from reduced cooling load.

INDUSTRIAL RESTRAINTS

Rising Raw Material Cost

The rising raw material prices for industrial UPS present a significant challenge to manufacturers, suppliers, and end-users alike. This issue is multifaceted, encompassing a range of economic, environmental, and technological factors that contribute to the increased costs of production. Key materials used in UPS systems, such as aluminum, lithium, steel, and plastics, have experienced significant price hikes in recent years. Copper, for example, is widely used in the wiring and transformers of industrial UPS systems, while aluminum plays a crucial role in the construction of heat exchangers and enclosures. Similarly, the rising costs of steel and plastics affect the manufacturing of UPS cabinets and other structural components.

In addition, the semiconductor industry faces a growing skilled manpower shortage, with a projected global shortfall exceeding 1 million by 2030. Currently, there is an average monthly gap of 27,000 workers, a 44% rise from last year.

SEGMENTATION INSIGHTS

INSIGHTS BY TYPE

The global industrial UPS market by type is segmented into online/double conversion, line-interactive, and standby/offline. The online/double conversion UPS segment dominates the global industrial UPS market, due to its superior performance in providing uninterrupted power and advanced protection against all types of power disturbances, including surges, sags, and blackouts.

These systems utilize double-conversion technology, ensuring a continuous, clean power supply, making them indispensable in critical industrial operations such as data centers, manufacturing plants, and healthcare facilities. The rising demand for precision equipment and the growing reliance on automation and IoT-enabled systems further propel the adoption of online UPS solutions. Their ability to handle high power capacities, paired with their adaptability to harsh industrial environments, ensures sustained market growth.

INSIGHTS BY APPLICATION

The global industrial UPS market by application is segmented into data center & telecom, manufacturing, healthcare, transportation, oil & gas, and others. Telecom and data center UPS sectors dominate the application segment in the global market due to their critical need for uninterrupted power supply.

These industries rely heavily on continuous uptime to ensure data integrity, communication reliability, and operational efficiency. Power disruptions can lead to significant data loss, equipment damage, and service downtime, making robust UPS systems essential for safeguarding infrastructure. As the demand for digital services, cloud computing, and telecommunication networks grows, the need for reliable and scalable UPS solutions in these sectors remains high, driving their dominance in the market.

INSIGHTS BY POWER RATING

The above 500 KVA holds the most significant share of the global industrial UPS market and stands out as the fastest-growing category within the market. The segment caters to large-scale industrial operations such as manufacturing plants, data centers, and energy-intensive industries like oil and gas, where uninterrupted power is critical to avoid operational downtimes and ensure safety.

The demand in this segment is driven by the increasing adoption of automation, reliance on high-capacity data centers, and stringent regulatory requirements for power reliability. The high capital expenditure for these systems is offset by their ability to provide robust power solutions and high efficiency, making them an attractive investment for major players. Additionally, technological advancements such as modular designs and enhanced battery management systems contribute to their widespread adoption.

Key Attributes:

Key Company Profiles

• Delta Electronics, Inc.
• Eaton
• Huawei Digital Power Technologies Co., Ltd
• Kehua Tech
• Riello Elettronica
• Schneider Electric
• Shenzhen Kstar Science&Technology Co., Ltd
• Vertiv Group Corp

Other Prominent Vendors

• ABB
• AEG Power Solutions
• AMETEK Solidstate Controls
• Benning Elektrotechnik
• BPC ENERGY LTD
• Centiel
• Chloride
• Cyber Power Systems, Inc.
• Enertechups
• Eram Power Electronics Company
• EximPower
• Falcon Electric, Inc
• Fuji Electric
• Fujitsu
• Guangdong Prostar New Energy Technology Co., Ltd.
• Gustav Klein
• Hitachi Hi-Rel Power Electronics Private Limited
• KUKJE ELECTRIC. MFG. CO., LTD.
• Legrand
• Mitsubishi Electric Power Products Inc
• Numax Energy Solutions
• Piller Power Systems
• SANTAK
• Siemens AG
• SOCOMEC, Inc.
• SOLARCRAFT, INC.
• STATRON AG
• Su-kam
• Su-vastika
• Toshiba Corporation

Premium Insights

• Opportunity Pockets
• Market Definition
• Report Overview
• Future Trends in the Ups
• International Standards for Industrial Ups
• Recent Development in Industrial Ups
• Opportunities & Challenge Analysis
• Segment Analysis
• Regional Analysis
• Competitive Landscape
• Recent Development

Market Opportunities & Trends

• Adoption of Li-Ion Batteries in Ups
• Shift Toward Modular Ups Systems
• Integration with Renewable Energy

Market Growth Enablers

• Expanding Industrialization in Emerging Market
• Expansion of Data Centers
• Growing Need for Renewable Energy
• High Energy Demand

Market Restraints

• High Initial Costs
• Rising Raw Material Cost

For more information about this report visit https://www.researchandmarkets.com/r/600tr4

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• Industrial UPS Market