UPS battery is an uninterruptible power system (UPS) battery that is critical in data center power system. This battery is a complete power protection solution that provides emergency standby power.
The change in global energy mix is one of the key factors in the global UPS battery market. The rise in population coupled with economic development has further resulted in an increase in the demand for power consumption. Since, fossil fuels are the primary ingredients of power source, an increase in its consumption can in turn, increase the emission of substantial gases into the atmosphere. To curb the emission of these toxic substances, the government has taken initiatives by focusing on clean and renewable sources of energy. In addition, to preserve these robust renewables, utilities such as batteries play a very prominent role. The optimal use of off-grid energy storage systems and UPS battery systems in preserving electricity will further fuel the growth of the market.
APAC held the largest market share of the UPS battery market during 2017 and the region is estimated to dominate the market over the next four years as well. The predominant use of UPS across the railway, wind, power, and other sectors is the major contributor to the growth of the market in this region. Moreover, the emergence of local vendors offering products such as batteries at reasonable prices in developing economies such as China and India will further trigger the market in the region.
In 2019, the market size of UPS Battery is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for UPS Battery.
This report studies the global market size of UPS Battery, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the UPS Battery production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
East Penn Manufacturing
Market Segment by Product Type
VRLA Batteries/Sealed Maintenance Free Batteries
Flooded/Vented Lead Acid Batteries
Nickel Cadmium Batteries
Market Segment by Application
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the UPS Battery status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key UPS Battery manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of UPS Battery are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025