Report: Lithium-Ion Batteries And Distributed Compute Drive UPS Market Momentum
Global market growth is projected to continue in 2018 and through 2020, at rates of low to mid-single digits.
After the UPS market returned to growth in 2016, momentum continued into 2017 as the market picked up steam, growing at a rate of 3.6% to just under $7.7 billion. The Americas region remained relatively flat in 2017; cloud and colocation growth was subdued as space and power continued to be leased from large buildouts which occurred in 2016. EMEA grew at mid-single digit levels due to widespread growth from cloud and colocation service providers, on-premises enterprise data center modernization and even industrial applications. Asia grew at the fastest rate, also due to a broad range of applications and end users, notably driven by local UPS suppliers such Huawei, Kehua, and Kstar. Global market growth is projected to continue in 2018 and through 2020, at rates of low to mid-single digits. The growth from cloud and colocation service providers will play a big role in that, as well as new trends developing in the data center industry that will affect the growth potential of the UPS market, such as distributed compute and lithium-ion battery adoption.
Distributed compute – Hybrid cloud and edge deployments