モジュラーUPS市場 – 2030年までの世界予測

Modular UPS Market - Global Forecast to 2030

モジュラーUPS市場 - テクノロジー (ダブルコンバージョンオンライン UPS、ラインインタラクティブ UPS)、相タイプ (三相 UPS、単相 UPS)、電圧 (100V-250V、250-480V、480-1000V、>1000V)、電力容量、フォームファクター、バッテリータイプ- 2030年までの世界予測
Modular UPS Market by Technology (Double conversion online UPS, Line Interactive UPS), Phase Type (Three Phase UPS, Single Phase UPS), Voltage (100V-250V, 250-480V, 480-1000V, >1000V), Power Capacity, Form Factor, Battery Type - Global Forecast to 2030

商品番号 : SMB-70750

出版社MarketsandMarkets
出版年月2024年12月
ページ数373
図表数443
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The modular UPS market will grow from USD 5.44 billion in 2024 to USD 9.52 billion by 2030 at a compounded annual growth rate (CAGR) of 9.8% during the forecast period.

モジュラーUPS市場は、予測期間中に9.8%の年間複利成長率(CAGR)で、2024年の54億4,000万米ドルから2030年までに95億2,000万米ドルに成長すると予想されます。

Modular UPS systems are changing power management for IT, telecommunications, healthcare, and manufacturing industries. A modular UPS solution enables providers of critical infrastructures, such as IT firms, servers, storage systems, network devices, and cloud platforms, to ensure continuous business continuity and data security during power outages.

モジュラー UPS システムは、IT、電気通信、医療、製造業界の電力管理を変えています。モジュール式UPSソリューションにより、IT 企業、サーバー、ストレージシステム、ネットワークデバイス、クラウドプラットフォームなどの重要なインフラストラクチャのプロバイダーは、停電時の継続的なビジネス継続性とデータセキュリティを確保できます。

モジュラー UPS市場- 2030年までの世界予測
modular-ups-market

The adoption of modular UPS systems is growing because of operations’ scalability, energy efficiency, and reliability. These systems allow businesses to adjust to changing power demand without difficulty while assuring future endurance and performance. Modular designs also enable speedy repairs and substitutions since an uninterrupted power supply would be established with very little disruption to operations.

モジュラーUPS市場 - 2030年までの世界予測 12
modular-ups-market-impact

By battery type, the lithium-ion batteries segment holds the highest CAGR during the forecast period.

Lithium-ion batteries are rechargeable power sources best known for their high energy density, long life, and fast charging. With their efficiency and compactness, these batteries are used in modern power backup systems. The rise of businesses and their increased dependency on power would now mean unbroken power supplies for mission-critical operations, and medical services would be at the center of such applications. Hence, lithium-ion batteries will undoubtedly meet the reliable backup for that industry’s significant needs in terms of downtime disruptions.

For instance, modular UPS systems with lithium-ion batteries will ensure that uptime-critical operations affecting transaction processing, data storage, and customer services in data centers or financial institutions run consistently. These recharge faster and last longer than lead-acid batteries, reducing maintenance and downtime.

A modular UPS design with lithium-ion batteries gives flexibility in increasing or reducing the power capacity of a business without a very expensive investment at the front. Their high energy density makes these lithium-ion batteries applicable in places lacking space as they provide a similar backup more compactly. Their operating efficiency in energy usage minimizes operation costs and stimulates the adoption of this technology, especially in healthcare, telecommunications, and IT. Companies would use modular UPS systems with lithium-ion batteries to ensure a reliable power backup solution, cost-saving in the long run, and the flexibility to augment it to support the expanding infrastructure.

Based on end users, the industrial segment holds the largest market share during the forecast period.

Continuous and reliable power supply is one of the key requirements for the industrial sector to run manufacturing processes smoothly, machinery safely, and critical systems optimally. Modular UPS systems are very effective, scalable, and efficient power protection solutions to unpredicted power outages, equipment failures, and power quality issues that can cause a shutdown. Modular UPS is especially useful to users who require scaling of power protection in manufacturing, automotive, oil and gas, and chemical industries because they require such systems for continuity in production. Modular systems give the flexibility to scale power protection whenever needed without making any unnecessary commitments toward huge heavyweight systems from the beginning. Gradually, as demand rises for those systems, additional capacity is added without shutting down the production.

The modular structure of UPS units also makes maximum operational flexibility and redundancy possible, particularly in industrial surroundings. Modular UPS systems enable different equipment configurations, ranging from production line operation through the use of a control room and beyond automation systems, thus promoting a continuous power supply. Hot-swappable modules and N+X redundancy features minimize downtime and maximize productivity, even during maintenance or upgrades. In other words, with the increasing automation and interconnectivity within the industrial operations, the uninterrupted supply is going to be much more needed to operate critical machinery and IT infrastructure, where modular UPS helps in continuous operation.

The smart manufacturing process and Industry 4.0 have increased the demand for modular UPS systems in various industrial applications. These systems protect data loss or damage to equipment due to power interruptions. A modular approach guarantees that industries will be configured to current primary power requirements but will also accommodate the addition of advanced technologies into more traditional industrial processes, including robotics, sensors, and AI. Modular UPS systems are designed to be energy-efficient yet scalable and cost-efficient. Moreover, these modular systems would contribute to the general growth and innovation of the industrial sector, making them a worthy investment for businesses that intend to maintain their competitiveness and resilience.

Based on the voltage, the medium voltage modular UPS(250-480V) segment holds the highest CAGR during the forecast period.

Medium voltage modular UPS systems (from 250 to 480 V) are designed for power protection in medium-sized businesses and facilities in the best capacity and flexibility. Applications for these systems are typically related to mid-sized data centers, healthcare facilities, educational institutions, and light industry plants. Usually, they are applied for powering operations that require robust, scalable, and energy-efficient power solutions that are reliable in the continuity of critical processes.

The medium voltage modular UPS systems are scalable, allowing businesses to scale their power capacity incrementally by adding modules to address changing needs without changing the entire system, thereby saving costs and being flexible over time. It usually comes with advanced technologies like a high-efficiency rectifier and inverter to improve energy performance and lower operating costs. The modular design has also made it easier to maintain the system with less downtime because units can be serviced and replaced without affecting the overall system.

Medium voltage UPS systems are generally known for their dependability and safeguarding critical infrastructure from power interruptions. Such UPS systems offer uninterruptible services in case of any power failure, sudden changes in voltage, or surges, which guarantees that critical, reliable operations can be run under a high level of disturbance. Such systems can become extremely valuable, for example, in a hospital when there is no downtime in medical lifesaving equipment. Data centers are also affected; a short outage can cause serviceability problems. Medium voltage modular UPS systems are perfect for solid but flexible options for medium-scale operations requiring solid power protection.

モジュラーUPS市場 - 2030年までの世界予測 region
modular-ups-market-region

Breakdown of primaries

We interviewed Chief Executive Officers (CEOs), directors of innovation and technology, system integrators, and executives from several significant modular UPS market companies.

  • By Company: Tier I: 40%, Tier II: 25%, and Tier III: 35%
  • By Designation: C-Level Executives: 25%, Director Level: 37%, and Others: 38%
  • By Region: North America: 42%, Europe: 24%,  Asia Pacific: 18%, Rest of World: 16%

Some of the significant modular UPS market vendors are Huawei (China), Schneider Electric(France), ABB(Switzerland), Vertiv(US), Legrand(France),  Hitachi Hi-Rel Power Electronics(India), Eaton(Ireland), Delta Electronics(Taiwan),  Mitsubishi Electric(Japan),  and Toshiba(Japan).

モジュラーUPS市場 - 2030年までの世界予測 ecosystem
modular-ups-market-ecosystem

Research coverage:

In the market report, we covered the modular UPS market across segments. We estimated the market size and growth potential for many segments based on component, phase type, form factor, technology type, battery type, power capacity, voltage, organization size, end users,  and region. It contains a thorough competition analysis of the major market participants, information about their businesses, essential observations about their product and service offerings, current trends, and critical market strategies.

Reasons to buy this report:

With information on the most accurate revenue estimates for the whole modular UPS industry and its subsegments, the research will benefit market leaders and recent newcomers. Stakeholders will benefit from this report’s increased understanding of the competitive environment, which will help them better position their companies and develop go-to-market strategies. The research offers information on the main market drivers, constraints, opportunities, and challenges, as well as aids players in understanding the pulse of the industry.

The report provides insights on the following pointers:

Analysis of key drivers (demand for power resilience in smart cities, evolving disaster recovery and business continuity requirements, rise in data centers around the world, increasing demand for zero power downtime from various sectors, growing need for scalable and redundant power systems), restraints (high initial capital costs, availability of alternate power backup systems), opportunities (growing electric vehicle (EV) charging infrastructure, development of high-power computing (HPC) and AI Infrastructure, demand for hyperscale data centers, cloud usage, and extensive colocation facilities, need for green power supply), and challenges (automation dependence on battery technology and limited lifespan, limited awareness and competition from conventional power backup systems ).

  • Product Development/Innovation: Comprehensive analysis of emerging technologies, R&D initiatives, and new service and product introductions in the modular UPS industry.
  • Market Development: In-depth details regarding profitable markets: the paper examines the global modular UPS industry.
  • Market Diversification: Comprehensive details regarding recent advancements, investments, unexplored regions, new goods and services, and the modular UPS industry.
  • Competitive Assessment: Thorough analysis of the market shares, expansion plans, and service portfolios of the top competitors in the modular UPS industry, such as Huawei (China), Schneider Electric(France), ABB(Switzerland), Vertiv(US), and Legrand(France).

Table of Contents

1               INTRODUCTION              33

1.1           STUDY OBJECTIVES       33

1.2           MARKET DEFINITION   33

1.3           MARKET SCOPE                34

1.3.1        MARKET SEGMENTATION           34

1.3.2        INCLUSIONS AND EXCLUSIONS 35

1.3.3        YEARS CONSIDERED      36

1.4           CURRENCY CONSIDERED            37

1.5           STAKEHOLDERS               37

2               RESEARCH METHODOLOGY       38

2.1           RESEARCH APPROACH  38

2.1.1        SECONDARY DATA          40

2.1.2        PRIMARY DATA 40

2.1.2.1    Breakup of primary profiles                41

2.1.2.2    Key industry insights           41

2.2           MARKET BREAKUP AND DATA TRIANGULATION                 42

2.3           MARKET SIZE ESTIMATION         43

2.3.1        TOP-DOWN APPROACH                44

2.3.2        BOTTOM-UP APPROACH              44

2.3.3        MARKET SIZE ESTIMATION APPROACHES            46

2.4           MARKET FORECAST       48

2.5           RESEARCH ASSUMPTIONS           49

2.6           RESEARCH LIMITATIONS             50

3               EXECUTIVE SUMMARY  51

4               PREMIUM INSIGHTS       56

4.1           OVERVIEW OF MODULAR UPS MARKET                 56

4.2           MODULAR UPS MARKET, BY COMPONENT          57

4.3           MODULAR UPS MARKET, BY SERVICE    57

4.4           MODULAR UPS MARKET, BY POWER CAPACITY 58

4.5           MODULAR UPS MARKET, BY PHASE TYPE             58

4.6           MODULAR UPS MARKET, BY TECHNOLOGY TYPE                 59

4.7           MODULAR UPS MARKET, BY FORM FACTOR       59

4.8           MODULAR UPS MARKET, BY BATTERY TYPE       60

4.9           MODULAR UPS MARKET, BY VOLTAGE 60

4.10         MODULAR UPS MARKET, BY ORGANIZATION SIZE                 61

4.11         MODULAR UPS MARKET, BY END USER 61

4.12         MODULAR UPS MARKET: REGIONAL SCENARIO                 62

5               MARKET OVERVIEW AND INDUSTRY TRENDS    63

5.1           INTRODUCTION              63

5.2           MARKET DYNAMICS       63

5.2.1        DRIVERS               64

5.2.1.1    Surging demand for power resilience in smart cities      64

5.2.1.2    Evolving disaster recovery and business continuity requirements                 64

5.2.1.3    Rapid expansion of data centers         64

5.2.1.4    Increasing demand for zero power downtime  65

5.2.1.5    Growing need for scalable and redundant power systems                 65

5.2.2        RESTRAINTS      66

5.2.2.1    High initial capital costs      66

5.2.2.2    Availability of alternate power backup systems                66

5.2.3        OPPORTUNITIES              66

5.2.3.1    Growing electric vehicle charging infrastructure             66

5.2.3.2    Development of high-power computing and AI infrastructure                 67

5.2.3.3    Increasing count of hyperscale data centers, cloud usage, and large colocation facilities     67

5.2.3.4    Rising demand for green power supply             68

5.2.4        CHALLENGES    68

5.2.4.1    Growing reliance on automation and limited lifespan of batteries                 68

5.2.4.2    Limited awareness and increasing preference for non-modular solutions 68

5.3           CASE STUDY ANALYSIS 69

5.3.1        UK’S LARGEST PUBLIC SECTOR ORGANIZATION INSTALLED VERTIV’S SMARTMOD SOLUTION TO ENHANCE DATA CENTER INFRASTRUCTURE            69

5.3.2        ABB’S MODULAR UPS SOLUTION EMPOWERED FICOLO’S UNDERGROUND DATA CENTER EXPANSION 70

5.3.3        FUJI ELECTRIC’S UPS SOLUTION ENSURED SMOOTH, RELIABLE OPERATIONS AND HIGH-QUALITY PRINTING FOR NEW DELHI MANUFACTURER    70

5.3.4        CONVERGE ICT SOLUTIONS EXPANDED ITS DATA CENTER WITH HUAWEI SMARTLI UPS    71

5.3.5        CZECH ICT LEADER UPGRADED ITS DATA CENTER POWER WITH ABB’S CONCEPTPOWER DPA 500 UPS        71

5.3.6        DATAVITA PARTNERED WITH VERTIV TO DEPLOY LITHIUM-ION BATTERY SYSTEM IN SCOTLAND’S FIRST METRO DATA CENTER  72

5.4           ECOSYSTEM ANALYSIS  73

5.5           SUPPLY CHAIN ANALYSIS             75

5.6           PRICING ANALYSIS          77

5.6.1        INDICATIVE PRICING ANALYSIS OF KEY PLAYERS, BY COMPONENT    78

5.6.2        AVERAGE SELLING PRICE TREND FOR KEY PLAYERS, BY REGION                79

5.7           TRADE ANALYSIS             80

5.8           PATENT ANALYSIS          83

5.8.1        LIST OF MAJOR PATENTS             84

5.9           TECHNOLOGY ANALYSIS             86

5.9.1        KEY TECHNOLOGIES     86

5.9.1.1    AI & ML 86

5.9.1.2    Battery management systems             86

5.9.1.3    Dynamic adaptive redundancy architecture     87

5.9.2        COMPLEMENTARY TECHNOLOGIES       87

5.9.2.1    IoT          87

5.9.2.2    Power management              88

5.9.2.3    Cloud integration 88

5.9.3        ADJACENT TECHNOLOGIES       89

5.9.3.1    Edge computing   89

5.9.3.2    Distributed UPS architecture             89

5.10         REGULATORY LANDSCAPE         90

5.10.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             90

5.10.2      REGULATIONS, BY REGION         91

5.10.2.1  North America      91

5.10.2.2  Europe   93

5.10.2.3  Asia Pacific            94

5.10.2.4  Middle East & South Africa                 94

5.10.2.5  Latin America       94

5.10.3      REGULATORY IMPLICATIONS AND INDUSTRY STANDARDS      95

5.10.3.1  General Data Protection Regulation 95

5.10.3.2  SEC Rule 17a-4     95

5.10.3.3  ISO/IEC 27001     95

5.10.3.4  System and Organization Controls 2 Type II  95

5.10.3.5  Financial Industry Regulatory Authority           95

5.10.3.6  Freedom of Information Act               96

5.10.3.7  Health Insurance Portability and Accountability Act     96

5.11         PORTER’S FIVE FORCES ANALYSIS           96

5.11.1      THREAT OF NEW ENTRANTS      97

5.11.2      THREAT OF SUBSTITUTES          98

5.11.3      BARGAINING POWER OF SUPPLIERS       98

5.11.4      BARGAINING POWER OF BUYERS             98

5.11.5      INTENSITY OF COMPETITIVE RIVALRY 99

5.12         KEY CONFERENCES AND EVENTS, 2024–2025        99

5.13         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            100

5.14         KEY STAKEHOLDERS AND BUYING CRITERIA     101

5.15         BUYING CRITERIA           102

5.16         BUSINESS MODEL ANALYSIS      103

5.16.1      PRICING MODEL              103

5.16.2      FULL-SERVICE MAINTENANCE MODEL 103

5.16.3      HYBRID MANAGED MODEL        104

5.16.4      MODULAR SCALABILITY-AS-A-SERVICE MODEL                 104

5.17         INVESTMENT & FUNDING SCENARIO     104

5.18         FUTURE OF MODULAR UPS MARKET      105

5.19         IMPACT OF AI/GEN AI ON MODULAR UPS MARKET                 106

5.19.1      GEN AI APPLICATIONS 106

5.19.2      CASE STUDY      107

5.19.2.1  Centiel’s advanced modular UPS solution safeguarded AI and blockchain infrastructure in Singapore’s tech landscape                107

5.19.3      VENDOR INITIATIVE      107

5.19.3.1  Vertiv      107

5.20         ARCHITECTURE OF MODULAR UPS SYSTEM       108

5.20.1      CENTRALIZED MODULAR UPS SYSTEM 108

5.20.2      DECENTRALIZED MODULAR UPS SYSTEMS         108

6               MODULAR UPS MARKET, BY COMPONENT          109

6.1           INTRODUCTION              110

6.1.1        COMPONENT: MODULAR UPS MARKET DRIVERS                 110

6.2           SOLUTIONS        111

6.2.1        INCREASING DEMAND FOR SYSTEMS WITH HIGHER SCALABILITY AND RELIABILITY TO PROPEL MARKET GROWTH                 111

6.2.2        SOLUTION, BY MODULE TYPE  112

6.2.2.1    Power modules     112

6.2.2.1.1 Inverter modules  113

6.2.2.1.2 Rectifier modules 113

6.2.2.1.3 Load-sharing modules         114

6.2.2.2    Battery modules   114

6.2.2.2.1 Valve-regulated lead-acid batteries   115

6.2.2.2.2 Nickel-cadmium batteries   115

6.2.2.2.3 Nickel-metal hydride batteries           115

6.2.2.2.4 Flywheel energy storage      116

6.2.2.2.5 Lithium-ion batteries           116

6.2.2.3    Display units         117

6.2.2.3.1 LCD panels           118

6.2.2.3.2 Light-emitting diode displays             118

6.2.2.3.3 Remote monitoring display units       119

6.2.2.4    Switching units     119

6.2.2.4.1 Static switches      120

6.2.2.4.2 Automatic transfer switches                120

6.2.2.4.3 Rectifier switches 121

6.2.2.4.4 Inverter switches  121

6.3           SERVICES             122

6.3.1        GROWING RELIANCE ON UNINTERRUPTED POWER SUPPLY IN CRITICAL INFRASTRUCTURE TO DRIVE MARKET                 122

6.3.2        PROFESSIONAL SERVICES            124

6.3.2.1    Installation & deployment   126

6.3.2.2    Maintenance & support       127

6.3.2.3    Training & education           128

6.3.3        MANAGED SERVICES      129

6.3.3.1    Upgrade & scalability           130

6.3.3.2    Service agreements               130

7               MODULAR UPS MARKET, BY POWER CAPACITY 131

7.1           INTRODUCTION              132

7.1.1        POWER CAPACITY: MODULAR UPS MARKET DRIVERS                 132

7.2           SMALL (UP TO 100 KW) 133

7.2.1        INCREASING NEED FOR COST-EFFECTIVE POWER PROTECTION SOLUTIONS TO BOOST MARKET 133

7.3           MEDIUM (101–500 KW)   135

7.3.1        SCALABILITY, FLEXIBILITY, AND RELIABILITY TO FUEL MARKET GROWTH          135

7.4           LARGE (ABOVE 500 KW)                136

7.4.1        GROWING EXPANSION OF LARGE-SCALE DATA CENTERS AND CRITICAL INFRASTRUCTURE TO PROPEL MARKET GROWTH          136

8               MODULAR UPS MARKET, BY VOLTAGE 138

8.1           INTRODUCTION              139

8.1.1        VOLTAGE: MODULAR UPS MARKET DRIVERS     139

8.2           LOW-VOLTAGE MODULAR UPS (100–250 V)         140

8.2.1        SCALABILITY, ENERGY EFFICIENCY, AND COST REDUCTION TO FUEL MARKET GROWTH            140

8.3           MEDIUM-VOLTAGE MODULAR UPS (251–480 V) 141

8.3.1        EASY MAINTENANCE, ROBUST DESIGN, AND ADAPTABILITY TO DRIVE MARKET         141

8.4           HIGH-VOLTAGE MODULAR UPS (481–1,000 V)    143

8.4.1        ADVANCED MONITORING AND MANAGEMENT CAPABILITIES TO SUPPORT MARKET GROWTH                 143

8.5           ULTRAHIGH-VOLTAGE MODULAR UPS (>1,000 V)                 144

8.5.1        RISING NEED FOR EFFICIENT POWER MANAGEMENT IN GRID-CONNECTED SYSTEMS TO BOOST MARKET            144

9               MODULAR UPS MARKET, BY PHASE TYPE             146

9.1           INTRODUCTION              147

9.1.1        PHASE TYPE: MODULAR UPS MARKET DRIVERS                 147

9.2           SINGLE-PHASE UPS         149

9.2.1        AFFORDABILITY AND EASY INTEGRATION INTO LIMITED SPACES TO AID MARKET GROWTH       149

9.3           THREE-PHASE UPS          150

9.3.1        INCREASING NEED FOR HIGH POWER RELIABILITY IN LARGE-SCALE FACILITIES TO DRIVE DEMAND FOR THREE-PHASE UPS SYSTEMS      150

10            MODULAR UPS MARKET, BY FORM FACTOR       152

10.1         INTRODUCTION              153

10.1.1      FORM FACTOR: MODULAR UPS MARKET DRIVERS                 153

10.2         RACK-MOUNTED UPS    154

10.2.1      INCREASING TREND OF EDGE COMPUTING & DISTRIBUTED IT INFRASTRUCTURE TO DRIVE MARKET                 154

10.3         FREESTANDING UPS      155

10.3.1      MODULARITY, SCALABILITY, AND ENHANCED THERMAL MANAGEMENT TO BOLSTER MARKET GROWTH                 155

11            MODULAR UPS MARKET, BY BATTERY TYPE       157

11.1         INTRODUCTION              158

11.1.1      BATTERY TYPE: MODULAR UPS MARKET DRIVERS                 158

11.2         LEAD-ACID BATTERIES 159

11.2.1      SURGING DEMAND FOR DEPENDABLE PERFORMANCE IN CRITICAL POWER BACKUP SITUATIONS TO SUPPORT MARKET GROWTH          159

11.3         LITHIUM-ION BATTERIES            160

11.3.1      FASTER RECHARGE TIMES AND LONGER LIFESPAN THAN TRADITIONAL LEAD-ACID BATTERIES TO DRIVE DEMAND             160

11.4         NICKEL-CADMIUM BATTERIES 162

11.4.1      ROBUSTNESS AND ABILITY TO PERFORM IN EXTREME CONDITIONS TO ACCELERATE MARKET GROWTH          162

12            MODULAR UPS MARKET, BY ORGANIZATION SIZE                 164

12.1         INTRODUCTION              165

12.1.1      ORGANIZATION SIZE: MODULAR UPS MARKET DRIVERS                 165

12.2         LARGE ENTERPRISES     166

12.2.1      NEED FOR STRONG, SCALABLE SOLUTIONS FOR MEETING GROWING POWER DEMANDS TO DRIVE MARKET                 166

12.3         SMES     167

12.3.1      FLEXIBILITY FOR EASY EXPANSION OR ADJUSTING CAPACITY WITHOUT SIGNIFICANT UPFRONT INVESTMENTS TO SUPPORT MARKET GROWTH              167

13            MODULAR UPS MARKET, BY TECHNOLOGY TYPE                 169

13.1         INTRODUCTION              170

13.1.1      TECHNOLOGY TYPE: MODULAR UPS MARKET DRIVERS                 170

13.2         DOUBLE CONVERSION ONLINE UPS       171

13.2.1      DOUBLE CONVERSION ARCHITECTURE TO MINIMIZE RISKS FROM ELECTRICAL DISTURBANCES, ENSURING OPTIMAL EQUIPMENT PERFORMANCE AND EXTENDED LIFESPAN                 171

13.3         LINE-INTERACTIVE UPS                172

13.3.1      SURGING DEMAND FOR MAINTAINING OPERATIONAL CONTINUITY UNDER FLUCTUATING POWER CONDITIONS TO DRIVE MARKET 172

14            MODULAR UPS MARKET, BY END USER 174

14.1         INTRODUCTION              175

14.1.1      END USERS: MODULAR UPS MARKET DRIVERS  175

14.2         BFSI       177

14.2.1      NEED FOR ENSURING SEAMLESS OPERATIONS, PROTECTION OF CRITICAL FINANCIAL DATA, AND MAINTAINING UNINTERRUPTED SERVICES TO DRIVE MARKET                 177

14.2.2      BFSI: TYPES        178

14.2.2.1  Banking 178

14.2.2.2  Insurance               178

14.2.2.3  Financial institutions            179

14.3         DATA CENTERS                 180

14.3.1      NEED FOR SCALABLE, ENERGY-EFFICIENT, AND REDUNDANT POWER SYSTEMS TO DRIVE MARKET         180

14.3.2      DATA CENTERS: TYPES 181

14.3.2.1  Cloud service providers       181

14.3.2.2  Colocation data centers       181

14.3.2.3  Edge data centers 182

14.4         HEALTHCARE & LIFE SCIENCES 183

14.4.1      FLEXIBILITY FOR SCALING POWER IN ACCORDANCE WITH GROWING NEEDS TO AID MARKET GROWTH        183

14.4.2      HEALTHCARE & LIFE SCIENCES: TYPES 184

14.4.2.1  Hospitals & clinics                184

14.4.2.2  Pharmaceuticals   184

14.4.2.3  Diagnostic centers                185

14.5         IT & TELECOM  185

14.5.1      INCREASING DEMAND FOR UNINTERRUPTED CONNECTIVITY AND EXPANSION OF DIGITAL SERVICES TO DRIVE MARKET 185

14.5.2      IT & TELECOM: TYPES   187

14.5.2.1  Telecom operators                187

14.5.2.2  Internet service providers   187

14.5.2.3  Server farms          187

14.6         GOVERNMENT & DEFENSE         188

14.6.1      INCREASING CYBERSECURITY THREATS AND TECHNOLOGICAL ADVANCEMENTS TO SUPPORT MARKET GROWTH             188

14.6.2      GOVERNMENT & DEFENSE: TYPES           189

14.6.2.1  Military  189

14.6.2.2  Public administration           189

14.6.2.3  Emergency services              190

14.7         RESIDENTIAL    190

14.7.1      RISING HYBRID WORK MODELS AND EXPANDING SMART HOME ADOPTION TO FOSTER MARKET GROWTH                 190

14.7.2      RESIDENTIAL: TYPES     191

14.7.2.1  Smart homes         191

14.8         COMMERCIAL   192

14.8.1      NEED FOR REDUCED MAINTENANCE COSTS, EASE OF SCALABILITY, AND HIGH AVAILABILITY TO DRIVE MARKET                 192

14.8.2      COMMERCIAL: TYPES    193

14.8.2.1  Retail      193

14.8.2.2  Corporate offices  193

14.8.2.3  Hospitality             194

14.9         INDUSTRIAL      194

14.9.1      INCREASING SHIFT TOWARD SMART MANUFACTURING AND INDUSTRY 4.0 TO DRIVE DEMAND FOR MODULAR UPS SYSTEMS              194

14.9.2      INDUSTRIAL: TYPES       196

14.9.2.1  Manufacturing      196

14.9.2.2  Oil& gas 196

14.9.2.3  Mining   196

14.9.2.4  Energy & utilities 197

14.10       OTHER END USERS         197

15            MODULAR UPS MARKET, BY REGION     199

15.1         INTRODUCTION              200

15.2         NORTH AMERICA             201

15.2.1      NORTH AMERICA: MODULAR UPS MARKET DRIVERS                 202

15.2.2      NORTH AMERICA: MACROECONOMIC OUTLOOK                 202

15.2.3      US           210

15.2.3.1  Surging demand for reliable charging infrastructure to drive market    210

15.2.4      CANADA               211

15.2.4.1  Net-zero goals, grid modernization, and data center expansions to drive demand for energy-efficient modular UPS systems         211

15.3         EUROPE               213

15.3.1      EUROPE: MODULAR UPS MARKET DRIVERS        213

15.3.2      EUROPE: MACROECONOMIC OUTLOOK               214

15.3.3      UK          220

15.3.3.1  Increasing demand for ensuring operational continuity, minimizing downtime, and protecting critical assets to propel market growth    220

15.3.4      GERMANY           222

15.3.4.1  Rising demand for reliable and scalable power solutions to drive market    222

15.3.5      FRANCE                223

15.3.5.1  Rising need for reliable power continuity solutions to boost market    223

15.3.6      ITALY    225

15.3.6.1  Evolving digital technologies and surging need for resilient power solutions to bolster market  225

15.3.7      REST OF EUROPE             226

15.4         ASIA PACIFIC     228

15.4.1      ASIA PACIFIC: MODULAR UPS MARKET DRIVERS                 229

15.4.2      ASIA PACIFIC: MACROECONOMIC OUTLOOK     229

15.4.3      CHINA  237

15.4.3.1  Surging AI demand and government investments to fuel market growth    237

15.4.4      JAPAN   239

15.4.4.1  Rapid technological advancements and increasing demand for reliable power solutions to drive market           239

15.4.5      ANZ        240

15.4.5.1  Increased reliance on digital infrastructure and expansion of high-performance computing systems to aid market growth         240

15.4.6      INDIA    242

15.4.6.1  Rising data center reliance and increasing power demands to boost market          242

15.4.7      REST OF ASIA PACIFIC   243

15.5         MIDDLE EAST & AFRICA                245

15.5.1      MIDDLE EAST & AFRICA: MODULAR UPS MARKET DRIVERS               245

15.5.2      MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK                 245

15.5.3      GULF COOPERATION COUNCIL                253

15.5.3.1  Growing demand for uninterrupted power and providing enhanced operational continuity to foster market growth              253

15.5.3.2  KSA        255

15.5.3.3  UAE        257

15.5.3.4  Rest of GCC          258

15.5.4      SOUTH AFRICA 260

15.5.4.1  Surge in new digital infrastructure to boost market        260

15.5.5      REST OF MIDDLE EAST & AFRICA             261

15.6         LATIN AMERICA                263

15.6.1      LATIN AMERICA: MODULAR UPS MARKET DRIVERS                 263

15.6.2      LATIN AMERICA: MACROECONOMIC OUTLOOK                 263

15.6.3      BRAZIL 271

15.6.3.1  Ongoing digital advancements to influence market growth                 271

15.6.4      MEXICO                272

15.6.4.1  Increasing reliance on digital infrastructure to drive market                 272

15.6.5      REST OF LATIN AMERICA             273

16            COMPETITIVE LANDSCAPE         275

16.1         INTRODUCTION              275

16.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024                 275

16.3         MARKET SHARE ANALYSIS, 2023                 276

16.3.1      HUAWEI               278

16.3.2      SCHNEIDER ELECTRIC  278

16.3.3      ABB        278

16.4         BRAND/PRODUCT COMPARISON             279

16.4.1      HUAWEI               279

16.4.2      SCHNEIDER ELECTRIC  279

16.4.3      ABB        280

16.4.4      VERTIV 280

16.4.5      LEGRAND            280

16.5         REVENUE ANALYSIS, 2019–2023  280

16.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 282

16.6.1      STARS   283

16.6.2      EMERGING LEADERS     283

16.6.3      PERVASIVE PLAYERS      283

16.6.4      PARTICIPANTS 283

16.6.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         285

16.6.5.1  Company footprint               285

16.6.5.2  Region footprint   285

16.6.5.3  Power capacity footprint     286

16.6.5.4  Phase type footprint             286

16.6.5.5  End user footprint                 287

16.7         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        288

16.7.1      PROGRESSIVE COMPANIES         288

16.7.2      RESPONSIVE COMPANIES            288

16.7.3      DYNAMIC COMPANIES  289

16.7.4      STARTING BLOCKS         289

16.7.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 290

16.7.5.1  Detailed list of key startups/SMEs    290

16.7.5.2  Competitive benchmarking of startups/SMEs 291

16.8         COMPANY VALUATION AND FINANCIAL METRICS                 291

16.9         COMPETITIVE SCENARIO             293

16.9.1      PRODUCT LAUNCHES & ENHANCEMENTS           293

16.9.2      DEALS  296

17            COMPANY PROFILES      302

17.1         INTRODUCTION              302

17.2         MAJOR PLAYERS               302

17.2.1      HUAWEI               302

17.2.1.1  Business overview 302

17.2.1.2  Products/Solutions/Services offered 303

17.2.1.3  Recent developments           304

17.2.1.3.1                Product launches & enhancements    304

17.2.1.3.2                Deals      305

17.2.1.4  MnM view              306

17.2.1.4.1                Right to win           306

17.2.1.4.2                Strategic choices   306

17.2.1.4.3                Weaknesses & competitive threats     306

17.2.2      SCHNEIDER ELECTRIC  307

17.2.2.1  Business overview 307

17.2.2.2  Products/Solutions/Services offered 308

17.2.2.3  Recent developments           310

17.2.2.3.1                Product launches & enhancements    310

17.2.2.3.2                Deals      311

17.2.2.4  MnM view              312

17.2.2.4.1                Right to win           312

17.2.2.4.2                Strategic choices   312

17.2.2.4.3                Weaknesses and competitive threats 313

17.2.3      ABB        314

17.2.3.1  Business overview 314

17.2.3.2  Products/Solutions/Services offered 315

17.2.3.3  Recent developments           317

17.2.3.3.1                Deals      317

17.2.3.4  MnM view              317

17.2.3.4.1                Right to win           317

17.2.3.4.2                Strategic choices   317

17.2.3.4.3                Weaknesses and competitive threats 317

17.2.4      VERTIV 318

17.2.4.1  Business overview 318

17.2.4.2  Products/Solutions/Services offered 319

17.2.4.3  Recent developments           321

17.2.4.3.1                Product launches & enhancements    321

17.2.4.3.2                Deals      322

17.2.4.4  MnM view              323

17.2.4.4.1                Right to win           323

17.2.4.4.2                Strategic choices   323

17.2.4.4.3                Weaknesses and competitive threats 323

17.2.5      LEGRAND            324

17.2.5.1  Business overview 324

17.2.5.2  Products/Solutions/Services offered 325

17.2.5.3  Recent developments           326

17.2.5.3.1                Deals      326

17.2.5.4  MnM view              327

17.2.5.4.1                Right to win           327

17.2.5.4.2                Strategic choices   327

17.2.5.4.3                Weaknesses and competitive threats 327

17.2.6      HITACHI HI-REL POWER ELECTRONICS                 328

17.2.6.1  Business overview 328

17.2.6.2  Products/Solutions/Services offered 328

17.2.6.3  Recent developments           329

17.2.6.3.1                Deals      329

17.2.7      EATON 330

17.2.7.1  Business overview 330

17.2.7.2  Products/Solutions/Services offered 331

17.2.7.3  Recent developments           333

17.2.7.3.1                Product launches & enhancements    333

17.2.7.3.2                Deals      334

17.2.8      DELTA ELECTRONICS   335

17.2.8.1  Business overview 335

17.2.8.2  Products/Solutions/Services offered 335

17.2.8.3  Recent developments           337

17.2.8.3.1                Deals      337

17.2.9      MITSUBISHI ELECTRIC  339

17.2.9.1  Business overview 339

17.2.9.2  Products/Solutions/Services offered 340

17.2.9.3  Recent developments           341

17.2.9.3.1                Product launches & enhancements    341

17.2.10   TOSHIBA              342

17.2.10.1                 Business overview 342

17.2.10.2                 Products/Solutions/Services offered 343

17.2.10.3                 Recent developments           344

17.2.10.3.1             Product launches & enhancements    344

17.3         OTHER PLAYERS              345

17.3.1      FUJI ELECTRIC  345

17.3.2      RITTAL GMBH   346

17.3.3      RIELLO UPS        347

17.3.4      AEG POWER SOLUTIONS              348

17.3.5      PILLAR POWER SYSTEMS              349

17.3.6      CYBERPOWER SYSTEMS                350

17.3.7      SOCOMEC GROUP           351

17.3.8      BORRI INDUSTRIAL        352

17.4         SMES/STARTUPS              353

17.4.1      SCU        353

17.4.2      POWERSHIELD 354

17.4.3      SALICRU               355

17.4.4      POM POWER      356

17.4.5      POWERTRONIX 357

17.4.6      PROSTAR             358

17.4.7      TECHSER             359

18            ADJACENT AND RELATED MARKETS      360

18.1         INTRODUCTION              360

18.1.1      RELATED MARKETS        360

18.1.2      LIMITATIONS    360

18.2         MODULAR DATA CENTER MARKET         360

18.3         MICRO MOBILE DATA CENTER MARKET               362

18.4         DATA CENTER POWER MARKET                363

19            APPENDIX           365

19.1         DISCUSSION GUIDE        365

19.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                369

19.3         CUSTOMIZATION OPTIONS        371

19.4         RELATED REPORTS         371

19.5         AUTHOR DETAILS           372

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES, 2018–2023            37

TABLE 2                FACTOR ANALYSIS          48

TABLE 3                MODULAR UPS MARKET SIZE AND GROWTH, 2019–2023

(USD MILLION, YOY GROWTH %)             51

TABLE 4                MODULAR UPS MARKET SIZE AND GROWTH, 2024–2030

(USD MILLION, YOY GROWTH %)             51

TABLE 5                ROLE OF COMPANIES IN ECOSYSTEM    74

TABLE 6                INDICATIVE PRICING ANALYSIS, BY COMPONENT, 2024          78

TABLE 7                AVERAGE PRICING ANALYSIS PRICE TREND FOR KEY PLAYERS, BY MEDIUM VOLTAGE MODULAR UPS (251–480 V), 2021–2024              80

TABLE 8                IMPORT DATA, BY COUNTRY, 2019–2023 (USD MILLION)            80

TABLE 9                EXPORT DATA, BY COUNTRY, 2019–2023 (USD MILLION)            81

TABLE 10              LIST OF MAJOR PATENTS, 2005–2024        84

TABLE 11              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 90

TABLE 12              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           90

TABLE 13              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 91

TABLE 14              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 91

TABLE 15              MODULAR UPS MARKET: PORTER’S FIVE FORCES ANALYSIS           96

TABLE 16              MODULAR UPS MARKET: KEY CONFERENCES AND EVENTS IN 2024–2025            99

TABLE 17              INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP END USERS 101

TABLE 18              KEY BUYING CRITERIA FOR TOP END USERS                 102

TABLE 19              MODULAR UPS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)            111

TABLE 20              MODULAR UPS MARKET, BY COMPONENT, 2024–2030 (USD MILLION)            111

TABLE 21              SOLUTIONS: MODULAR UPS MARKET, BY REGION, 2019–2023 (USD MILLION)          112

TABLE 22              SOLUTIONS: MODULAR UPS MARKET, BY REGION, 2024–2030 (USD MILLION)          112

TABLE 23              MODULAR UPS MARKET, BY SERVICE, 2019–2023 (USD MILLION) 123

TABLE 24              MODULAR UPS MARKET, BY SERVICE, 2024–2030 (USD MILLION) 123

TABLE 25              SERVICES: MODULAR UPS MARKET, BY REGION, 2019–2023 (USD MILLION)            124

TABLE 26              SERVICES: MODULAR UPS MARKET, BY REGION, 2024–2030 (USD MILLION)            124

TABLE 27              PROFESSIONAL SERVICES: MODULAR UPS MARKET, BY TYPE,

2019–2023 (USD MILLION)            124

TABLE 28              PROFESSIONAL SERVICES: MODULAR UPS MARKET, BY TYPE,

2024–2030 (USD MILLION)            125

TABLE 29              PROFESSIONAL SERVICES: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            125

TABLE 30              PROFESSIONAL SERVICES: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            125

TABLE 31              INSTALLATION & DEPLOYMENT: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            126

TABLE 32              INSTALLATION & DEPLOYMENT: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            126

TABLE 33              MAINTENANCE & SUPPORT: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            127

TABLE 34              MAINTENANCE & SUPPORT: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            127

TABLE 35              TRAINING & EDUCATION: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            128

TABLE 36              TRAINING & EDUCATION: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            128

TABLE 37              MANAGED SERVICES: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            129

TABLE 38              MANAGED SERVICES: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            129

TABLE 39              MODULAR UPS MARKET, BY POWER CAPACITY, 2019–2023 (USD MILLION)            133

TABLE 40              MODULAR UPS MARKET, BY POWER CAPACITY, 2024–2030 (USD MILLION)            133

TABLE 41              SMALL (UP TO 100 KW): MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            134

TABLE 42              SMALL (UP TO 100 KW): MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            134

TABLE 43             MEDIUM (101–500 KW): MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            135

TABLE 44             MEDIUM (101–500 KW): MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            136

TABLE 45              LARGE (ABOVE 500 KW): MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            137

TABLE 46              LARGE (ABOVE 500 KW): MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            137

TABLE 47              MODULAR UPS MARKET, BY VOLTAGE, 2019–2023 (USD MILLION)       140

TABLE 48              MODULAR UPS MARKET, BY VOLTAGE, 2024–2030 (USD MILLION)       140

TABLE 49              LOW-VOLTAGE MODULAR UPS: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            141

TABLE 50              LOW-VOLTAGE MODULAR UPS: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            141

TABLE 51              MEDIUM-VOLTAGE MODULAR UPS: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            142

TABLE 52              MEDIUM-VOLTAGE MODULAR UPS: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            142

TABLE 53              HIGH-VOLTAGE MODULAR UPS (481–1,000 V): MODULAR UPS MARKET,

BY REGION, 2019–2023 (USD MILLION)   143

TABLE 54              HIGH-VOLTAGE MODULAR UPS (481–1,000 V): MODULAR UPS MARKET,

BY REGION, 2024–2030 (USD MILLION)   144

TABLE 55              ULTRAHIGH-VOLTAGE MODULAR UPS (>1,000 V): MODULAR UPS MARKET,

BY REGION, 2019–2023 (USD MILLION)   145

TABLE 56              ULTRAHIGH-VOLTAGE MODULAR UPS (>1,000 V): MODULAR UPS MARKET,

BY REGION, 2024–2030 (USD MILLION)   145

TABLE 57              MODULAR UPS MARKET, BY PHASE TYPE, 2019–2023 (USD MILLION)       148

TABLE 58              MODULAR UPS MARKET, BY PHASE TYPE, 2024–2030 (USD MILLION)       148

TABLE 59              PHASE TYPE: MODULAR UPS MARKET, BY REGION, 2019–2023 (USD MILLION)          148

TABLE 60              PHASE TYPE: MODULAR UPS MARKET, BY REGION, 2024–2030 (USD MILLION)          148

TABLE 61              SINGLE-PHASE UPS: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            149

TABLE 62              SINGLE-PHASE UPS: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            150

TABLE 63              THREE-PHASE UPS: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            151

TABLE 64              THREE-PHASE UPS: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            151

TABLE 65              MODULAR UPS MARKET, BY FORM FACTOR, 2019–2023 (USD MILLION)            154

TABLE 66              MODULAR UPS MARKET, BY FORM FACTOR, 2024–2030 (USD MILLION)            154

TABLE 67              RACK-MOUNTED UPS: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            155

TABLE 68              RACK-MOUNTED UPS: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            155

TABLE 69              FREESTANDING UPS: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            156

TABLE 70              FREESTANDING UPS: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            156

TABLE 71              MODULAR UPS MARKET, BY BATTERY TYPE, 2019–2023 (USD MILLION)            159

TABLE 72              MODULAR UPS MARKET, BY BATTERY TYPE, 2024–2030 (USD MILLION)            159

TABLE 73              LEAD-ACID BATTERIES: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            160

TABLE 74              LEAD-ACID BATTERIES: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            160

TABLE 75              LITHIUM-ION BATTERIES: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            161

TABLE 76              LITHIUM-ION BATTERIES: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            161

TABLE 77              NICKEL-CADMIUM BATTERIES: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            162

TABLE 78              NICKEL-CADMIUM BATTERIES: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            163

TABLE 79              MODULAR UPS MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 166

TABLE 80              MODULAR UPS MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION) 166

TABLE 81              LARGE ENTERPRISES: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            167

TABLE 82              LARGE ENTERPRISES: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            167

TABLE 83              SMES: MODULAR UPS MARKET, BY REGION, 2019–2023 (USD MILLION)            168

TABLE 84              SMES: MODULAR UPS MARKET, BY REGION, 2024–2030 (USD MILLION)            168

TABLE 85              MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2019–2023 (USD MILLION)                171

TABLE 86              MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2024–2030 (USD MILLION)                171

TABLE 87              DOUBLE CONVERSION ONLINE UPS: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            172

TABLE 88              DOUBLE CONVERSION ONLINE UPS: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            172

TABLE 89              LINE-INTERACTIVE UPS: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            173

TABLE 90              LINE-INTERACTIVE UPS: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            173

TABLE 91              MODULAR UPS MARKET, BY END USER, 2019–2023 (USD MILLION)       176

TABLE 92              MODULAR UPS MARKET, BY END USER, 2024–2030 (USD MILLION)       176

TABLE 93              BFSI: MODULAR UPS MARKET, BY REGION, 2019–2023 (USD MILLION)            177

TABLE 94              BFSI: MODULAR UPS MARKET, BY REGION, 2024–2030(USD MILLION)              178

TABLE 95              DATA CENTERS: MODULAR UPS MARKET, BY REGION, 2019–2023 (USD MILLION)          180

TABLE 96              DATA CENTERS: MODULAR UPS MARKET, BY REGION, 2024–2030 (USD MILLION)          181

TABLE 97              HEALTHCARE & LIFE SCIENCES: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            183

TABLE 98              HEALTHCARE & LIFE SCIENCES: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            184

TABLE 99              IT & TELECOM: MODULAR UPS MARKET, BY REGION, 2019–2023 (USD MILLION)          186

TABLE 100            IT & TELECOM: MODULAR UPS MARKET, BY REGION, 2024–2030 (USD MILLION)          186

TABLE 101            GOVERNMENT & DEFENSE: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            188

TABLE 102            GOVERNMENT & DEFENSE: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            189

TABLE 103            RESIDENTIAL: MODULAR UPS MARKET, BY REGION, 2019–2023 (USD MILLION)          191

TABLE 104            RESIDENTIAL: MODULAR UPS MARKET, BY REGION, 2024–2030 (USD MILLION)          191

TABLE 105            COMMERCIAL: MODULAR UPS MARKET, BY REGION, 2019–2023 (USD MILLION)          192

TABLE 106            COMMERCIAL: MODULAR UPS MARKET, BY REGION, 2024–2030 (USD MILLION)          193

TABLE 107            INDUSTRIAL: MODULAR UPS MARKET, BY REGION, 2019–2023 (USD MILLION)          195

TABLE 108            INDUSTRIAL: MODULAR UPS MARKET, BY REGION, 2024–2030 (USD MILLION)          195

TABLE 109            OTHER END USERS: MODULAR UPS MARKET, BY REGION,

2019–2023 (USD MILLION)            198

TABLE 110            OTHER END USERS: MODULAR UPS MARKET, BY REGION,

2024–2030 (USD MILLION)            198

TABLE 111            MODULAR UPS MARKET, BY REGION, 2019–2023 (USD MILLION) 200

TABLE 112            MODULAR UPS MARKET, BY REGION, 2024–2030 (USD MILLION) 201

TABLE 113            NORTH AMERICA: MODULAR UPS MARKET, BY COMPONENT,

2019–2023 (USD MILLION)            203

TABLE 114            NORTH AMERICA: MODULAR UPS MARKET, BY COMPONENT,

2024–2030 (USD MILLION)            204

TABLE 115            NORTH AMERICA: MODULAR UPS MARKET, BY SERVICE,

2019–2023 (USD MILLION)            204

TABLE 116            NORTH AMERICA: MODULAR UPS MARKET, BY SERVICE,

2024–2030 (USD MILLION)            204

TABLE 117            NORTH AMERICA: MODULAR UPS MARKET, BY PROFESSIONAL SERVICE,

2019–2023 (USD MILLION)            204

TABLE 118            NORTH AMERICA: MODULAR UPS MARKET, BY PROFESSIONAL SERVICE,

2024–2030 (USD MILLION)            205

TABLE 119            NORTH AMERICA: MODULAR UPS MARKET, BY POWER CAPACITY,

2019–2023 (USD MILLION)            205

TABLE 120            NORTH AMERICA: MODULAR UPS MARKET, BY POWER CAPACITY,

2024–2030 (USD MILLION)            205

TABLE 121            NORTH AMERICA: MODULAR UPS MARKET, BY VOLTAGE,

2019–2023 (USD MILLION)            206

TABLE 122            NORTH AMERICA: MODULAR UPS MARKET, BY VOLTAGE,

2024–2030 (USD MILLION)            206

TABLE 123            NORTH AMERICA: MODULAR UPS MARKET, BY PHASE TYPE,

2019–2023 (USD MILLION)            206

TABLE 124            NORTH AMERICA: MODULAR UPS MARKET, BY PHASE TYPE,

2024–2030 (USD MILLION)            206

TABLE 125            NORTH AMERICA: MODULAR UPS MARKET, BY FORM FACTOR,

2019–2023 (USD MILLION)            207

TABLE 126            NORTH AMERICA: MODULAR UPS MARKET, BY FORM FACTOR,

2024–2030 (USD MILLION)            207

TABLE 127            NORTH AMERICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            207

TABLE 128            NORTH AMERICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            207

TABLE 129            NORTH AMERICA: MODULAR UPS MARKET, BY BATTERY TYPE,

2019–2023 (USD MILLION)            208

TABLE 130            NORTH AMERICA: MODULAR UPS MARKET, BY BATTERY TYPE,

2024–2030 (USD MILLION)            208

TABLE 131            NORTH AMERICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            208

TABLE 132            NORTH AMERICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            208

TABLE 133            NORTH AMERICA: MODULAR UPS MARKET, BY END USER,

2019–2023 (USD MILLION)            209

TABLE 134            NORTH AMERICA: MODULAR UPS MARKET, BY END USER,

2024–2030 (USD MILLION)            209

TABLE 135            NORTH AMERICA: MODULAR UPS MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            209

TABLE 136            NORTH AMERICA: MODULAR UPS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            210

TABLE 137            US: MODULAR UPS MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)               210

TABLE 138            US: MODULAR UPS MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)               211

TABLE 139            US: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2019–2023 (USD MILLION)                211

TABLE 140            US: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2024–2030 (USD MILLION)                211

TABLE 141            CANADA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            212

TABLE 142            CANADA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            212

TABLE 143            CANADA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            212

TABLE 144            CANADA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            213

TABLE 145            EUROPE: MODULAR UPS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)              214

TABLE 146            EUROPE: MODULAR UPS MARKET, BY COMPONENT, 2024–2030 (USD MILLION)              214

TABLE 147            EUROPE: MODULAR UPS MARKET, BY SERVICE, 2019–2023 (USD MILLION)            214

TABLE 148            EUROPE: MODULAR UPS MARKET, BY SERVICE, 2024–2030 (USD MILLION)            215

TABLE 149            EUROPE: MODULAR UPS MARKET, BY PROFESSIONAL SERVICE,

2019–2023 (USD MILLION)            215

TABLE 150            EUROPE: MODULAR UPS MARKET, BY PROFESSIONAL SERVICE,

2024–2030 (USD MILLION)            215

TABLE 151            EUROPE: MODULAR UPS MARKET, BY POWER CAPACITY,

2019–2023 (USD MILLION)            215

TABLE 152            EUROPE: MODULAR UPS MARKET, BY POWER CAPACITY,

2024–2030 (USD MILLION)            216

TABLE 153          EUROPE: MODULAR UPS MARKET, BY VOLTAGE, 2019–2023 (USD MILLION)            216

TABLE 154          EUROPE: MODULAR UPS MARKET, BY VOLTAGE, 2024–2030 (USD MILLION)            216

TABLE 155            EUROPE: MODULAR UPS MARKET, BY PHASE TYPE, 2019–2023 (USD MILLION)                216

TABLE 156            EUROPE: MODULAR UPS MARKET, BY PHASE TYPE, 2024–2030 (USD MILLION)                217

TABLE 157            EUROPE: MODULAR UPS MARKET, BY FORM FACTOR, 2019–2023 (USD MILLION)         217

TABLE 158            EUROPE: MODULAR UPS MARKET, BY FORM FACTOR, 2024–2030 (USD MILLION)         217

TABLE 159            EUROPE: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            217

TABLE 160            EUROPE: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            218

TABLE 161            EUROPE: MODULAR UPS MARKET, BY BATTERY TYPE, 2019–2023 (USD MILLION)                218

TABLE 162            EUROPE: MODULAR UPS MARKET, BY BATTERY TYPE, 2024–2030 (USD MILLION)                218

TABLE 163            EUROPE: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            218

TABLE 164            EUROPE: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            219

TABLE 165          EUROPE: MODULAR UPS MARKET, BY END USER, 2019–2023 (USD MILLION)            219

TABLE 166          EUROPE: MODULAR UPS MARKET, BY END USER, 2024–2030 (USD MILLION)            219

TABLE 167            EUROPE: MODULAR UPS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)     220

TABLE 168            EUROPE: MODULAR UPS MARKET, BY COUNTRY, 2024–2030 (USD MILLION)     220

TABLE 169            UK: MODULAR UPS MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)               221

TABLE 170            UK: MODULAR UPS MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)               221

TABLE 171            UK: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2019–2023 (USD MILLION)                221

TABLE 172            UK: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2024–2030 (USD MILLION)                221

TABLE 173            GERMANY: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            222

TABLE 174            GERMANY: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            222

TABLE 175            GERMANY: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            223

TABLE 176            GERMANY: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            223

TABLE 177            FRANCE: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)          224

TABLE 178            FRANCE: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            224

TABLE 179            FRANCE: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            224

TABLE 180            FRANCE: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            224

TABLE 181            ITALY: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            225

TABLE 182            ITALY: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            225

TABLE 183            ITALY: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            226

TABLE 184            ITALY: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            226

TABLE 185            REST OF EUROPE: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            227

TABLE 186            REST OF EUROPE: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            227

TABLE 187            REST OF EUROPE: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            227

TABLE 188            REST OF EUROPE: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            228

TABLE 189            ASIA PACIFIC: MODULAR UPS MARKET, BY COMPONENT,

2019–2023 (USD MILLION)            230

TABLE 190            ASIA PACIFIC: MODULAR UPS MARKET, BY COMPONENT,

2024–2030 (USD MILLION)            231

TABLE 191            ASIA PACIFIC: MODULAR UPS MARKET, BY SERVICE, 2019–2023 (USD MILLION)         231

TABLE 192            ASIA PACIFIC: MODULAR UPS MARKET, BY SERVICE, 2024–2030 (USD MILLION)         231

TABLE 193            ASIA PACIFIC: MODULAR UPS MARKET, BY PROFESSIONAL SERVICE,

2019–2023 (USD MILLION)            231

TABLE 194            ASIA PACIFIC: MODULAR UPS MARKET, BY PROFESSIONAL SERVICE,

2024–2030 (USD MILLION)            232

TABLE 195            ASIA PACIFIC: MODULAR UPS MARKET, BY POWER CAPACITY,

2019–2023 (USD MILLION)            232

TABLE 196            ASIA PACIFIC: MODULAR UPS MARKET, BY POWER CAPACITY,

2024–2030 (USD MILLION)            232

TABLE 197            ASIA PACIFIC: MODULAR UPS MARKET, BY VOLTAGE, 2019–2023 (USD MILLION)      233

TABLE 198            ASIA PACIFIC: MODULAR UPS MARKET, BY VOLTAGE, 2024–2030 (USD MILLION)      233

TABLE 199            ASIA PACIFIC: MODULAR UPS MARKET, BY PHASE TYPE,

2019–2023 (USD MILLION)            233

TABLE 200            ASIA PACIFIC: MODULAR UPS MARKET, BY PHASE TYPE,

2024–2030 (USD MILLION)            233

TABLE 201            ASIA PACIFIC: MODULAR UPS MARKET, BY FORM FACTOR,

2019–2023 (USD MILLION)            234

TABLE 202            ASIA PACIFIC: MODULAR UPS MARKET, BY FORM FACTOR,

2024–2030 (USD MILLION)            234

TABLE 203            ASIA PACIFIC: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            234

TABLE 204            ASIA PACIFIC: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            234

TABLE 205            ASIA PACIFIC: MODULAR UPS MARKET, BY BATTERY TYPE,

2019–2023 (USD MILLION)            235

TABLE 206            ASIA PACIFIC: MODULAR UPS MARKET, BY BATTERY TYPE,

2024–2030 (USD MILLION)            235

TABLE 207            ASIA PACIFIC: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            235

TABLE 208            ASIA PACIFIC: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            235

TABLE 209            ASIA PACIFIC: MODULAR UPS MARKET, BY END USER, 2019–2023 (USD MILLION)                236

TABLE 210            ASIA PACIFIC: MODULAR UPS MARKET, BY END USER, 2024–2030 (USD MILLION)                236

TABLE 211            ASIA PACIFIC: MODULAR UPS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)     237

TABLE 212            ASIA PACIFIC: MODULAR UPS MARKET, BY COUNTRY, 2024–2030 (USD MILLION)     237

TABLE 213            CHINA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            238

TABLE 214            CHINA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            238

TABLE 215            CHINA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            238

TABLE 216            CHINA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            238

TABLE 217            JAPAN: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            239

TABLE 218            JAPAN: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            239

TABLE 219            JAPAN: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            240

TABLE 220            JAPAN: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            240

TABLE 221            ANZ: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            241

TABLE 222            ANZ: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            241

TABLE 223            ANZ: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2019–2023 (USD MILLION)                 241

TABLE 224            ANZ: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2024–2030 (USD MILLION)                 241

TABLE 225            INDIA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            242

TABLE 226            INDIA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            242

TABLE 227            INDIA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            243

TABLE 228            INDIA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            243

TABLE 229            REST OF ASIA PACIFIC: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            244

TABLE 230            REST OF ASIA PACIFIC: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            244

TABLE 231            REST OF ASIA PACIFIC: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            244

TABLE 232            REST OF ASIA PACIFIC: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            244

TABLE 233            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY COMPONENT,

2019–2023 (USD MILLION)            246

TABLE 234            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY COMPONENT,

2024–2030 (USD MILLION)            246

TABLE 235            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY SERVICE,

2019–2023 (USD MILLION)            246

TABLE 236            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY SERVICE,

2024–2030 (USD MILLION)            247

TABLE 237            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)                 247

TABLE 238            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY PROFESSIONAL SERVICE, 2024–2030 (USD MILLION)                 247

TABLE 239            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY POWER CAPACITY,

2019–2023 (USD MILLION)            248

TABLE 240            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY POWER CAPACITY,

2024–2030 (USD MILLION)            248

TABLE 241            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY VOLTAGE,

2019–2023 (USD MILLION)            248

TABLE 242            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY VOLTAGE,

2024–2030 (USD MILLION)            249

TABLE 243            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY PHASE TYPE,

2019–2023 (USD MILLION)            249

TABLE 244            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY PHASE TYPE,

2024–2030 (USD MILLION)            249

TABLE 245            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY FORM FACTOR,

2019–2023 (USD MILLION)            249

TABLE 246            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY FORM FACTOR,

2024–2030 (USD MILLION)            250

TABLE 247            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            250

TABLE 248            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            250

TABLE 249            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY BATTERY TYPE,

2019–2023 (USD MILLION)            250

TABLE 250            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY BATTERY TYPE,

2024–2030 (USD MILLION)            251

TABLE 251            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            251

TABLE 252            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            251

TABLE 253            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY END USER,

2019–2023 (USD MILLION)            252

TABLE 254            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY END USER,

2024–2030 (USD MILLION)            252

TABLE 255            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            253

TABLE 256            MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            253

TABLE 257            GCC: MODULAR UPS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)            254

TABLE 258            GCC: MODULAR UPS MARKET, BY COUNTRY, 2024–2030 (USD MILLION)            254

TABLE 259            GCC: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            254

TABLE 260            GCC: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            254

TABLE 261            GCC: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2019–2023 (USD MILLION)                 255

TABLE 262            GCC: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2024–2030 (USD MILLION)                 255

TABLE 263            KSA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            256

TABLE 264            KSA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            256

TABLE 265            KSA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2019–2023 (USD MILLION)                 256

TABLE 266            KSA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2024–2030 (USD MILLION)                 256

TABLE 267            UAE: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            257

TABLE 268            UAE: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)          257

TABLE 269            UAE: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2019–2023 (USD MILLION)                 257

TABLE 270            UAE: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2024–2030 (USD MILLION)                 258

TABLE 271            REST OF GCC: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            258

TABLE 272            REST OF GCC: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)          259

TABLE 273            REST OF GCC: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            259

TABLE 274            REST OF GCC: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            259

TABLE 275            SOUTH AFRICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            260

TABLE 276            SOUTH AFRICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            260

TABLE 277            SOUTH AFRICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            261

TABLE 278            SOUTH AFRICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            261

TABLE 279            REST OF MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            262

TABLE 280            REST OF MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)            262

TABLE 281            REST OF MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2019–2023 (USD MILLION)            262

TABLE 282            REST OF MIDDLE EAST & AFRICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE, 2024–2030 (USD MILLION)            262

TABLE 283            LATIN AMERICA: MODULAR UPS MARKET, BY COMPONENT,

2019–2023 (USD MILLION)            264

TABLE 284            LATIN AMERICA: MODULAR UPS MARKET, BY COMPONENT,

2024–2030 (USD MILLION)            264

TABLE 285            LATIN AMERICA: MODULAR UPS MARKET, BY SERVICE, 2019–2023 (USD MILLION)         264

TABLE 286            LATIN AMERICA: MODULAR UPS MARKET, BY SERVICE, 2024–2030 (USD MILLION)         264

TABLE 287            LATIN AMERICA: MODULAR UPS MARKET, BY PROFESSIONAL SERVICE,

2019–2023 (USD MILLION)            265

TABLE 288            LATIN AMERICA: MODULAR UPS MARKET, BY PROFESSIONAL SERVICE,

2024–2030 (USD MILLION)          265

TABLE 289            LATIN AMERICA: MODULAR UPS MARKET, BY POWER CAPACITY,

2019–2023 (USD MILLION)            265

TABLE 290            LATIN AMERICA: MODULAR UPS MARKET, BY POWER CAPACITY,

2024–2030 (USD MILLION)            266

TABLE 291            LATIN AMERICA: MODULAR UPS MARKET, BY VOLTAGE,

2019–2023 (USD MILLION)            266

TABLE 292            LATIN AMERICA: MODULAR UPS MARKET, BY VOLTAGE,

2024–2030 (USD MILLION)            266

TABLE 293            LATIN AMERICA: MODULAR UPS MARKET, BY PHASE TYPE,

2019–2023 (USD MILLION)            267

TABLE 294            LATIN AMERICA: MODULAR UPS MARKET, BY PHASE TYPE,

2024–2030 (USD MILLION)            267

TABLE 295            LATIN AMERICA: MODULAR UPS MARKET, BY FORM FACTOR,

2019–2023 (USD MILLION)            267

TABLE 296            LATIN AMERICA: MODULAR UPS MARKET, BY FORM FACTOR,

2024–2030 (USD MILLION)            267

TABLE 297            LATIN AMERICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            268

TABLE 298            LATIN AMERICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            268

TABLE 299            LATIN AMERICA: MODULAR UPS MARKET, BY BATTERY TYPE,

2019–2023 (USD MILLION)            268

TABLE 300            LATIN AMERICA: MODULAR UPS MARKET, BY BATTERY TYPE,

2024–2030 (USD MILLION)            268

TABLE 301            LATIN AMERICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            269

TABLE 302            LATIN AMERICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            269

TABLE 303            LATIN AMERICA: MODULAR UPS MARKET, BY END USER,

2019–2023 (USD MILLION)            269

TABLE 304            LATIN AMERICA: MODULAR UPS MARKET, BY END USER,

2024–2030 (USD MILLION)            270

TABLE 305            LATIN AMERICA: MODULAR UPS MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            270

TABLE 306            LATIN AMERICA: MODULAR UPS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            270

TABLE 307            BRAZIL: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            271

TABLE 308            BRAZIL: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            271

TABLE 309            BRAZIL: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            272

TABLE 310            BRAZIL: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            272

TABLE 311            MEXICO: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            272

TABLE 312            MEXICO: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            273

TABLE 313            MEXICO: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            273

TABLE 314            MEXICO: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            273

TABLE 315            REST OF LATIN AMERICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)            274

TABLE 316            REST OF LATIN AMERICA: MODULAR UPS MARKET, BY ORGANIZATION SIZE,

2024–2030 (USD MILLION)            274

TABLE 317            REST OF LATIN AMERICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2019–2023 (USD MILLION)            274

TABLE 318            REST OF LATIN AMERICA: MODULAR UPS MARKET, BY TECHNOLOGY TYPE,

2024–2030 (USD MILLION)            274

TABLE 319            OVERVIEW OF STRATEGIES ADOPTED BY KEY VENDORS            275

TABLE 320            MARKET SHARE ANALYSIS OF KEY VENDORS, 2023        276

TABLE 321            MODULAR UPS MARKET: REGION FOOTPRINT                 285

TABLE 322            MODULAR UPS MARKET: POWER CAPACITY FOOTPRINT       286

TABLE 323            MODULAR UPS MARKET: PHASE TYPE FOOTPRINT       286

TABLE 324            MODULAR UPS MARKET: END USER FOOTPRINT       287

TABLE 325            MODULAR UPS MARKET: KEY STARTUPS/SMES                 290

TABLE 326            MODULAR UPS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES          291

TABLE 327            MODULAR UPS MARKET: PRODUCT LAUNCHES & ENHANCEMENTS, JANUARY 2021–OCTOBER 2024          293

TABLE 328            MODULAR UPS MARKET: DEALS, JANUARY 2021–OCTOBER 2024  296

TABLE 329            HUAWEI: COMPANY OVERVIEW                302

TABLE 330            HUAWEI: PRODUCTS/SOLUTIONS/SERVICES OFFERED             303

TABLE 331            HUAWEI: PRODUCT LAUNCHES & ENHANCEMENTS             304

TABLE 332            HUAWEI: DEALS                305

TABLE 333            SCHNEIDER ELECTRIC: COMPANY OVERVIEW                 307

TABLE 334            SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    308

TABLE 335            SCHNEIDER ELECTRIC: PRODUCT LAUNCHES & ENHANCEMENTS             310

TABLE 336            SCHNEIDER ELECTRIC: DEALS  311

TABLE 337            ABB: COMPANY OVERVIEW         314

TABLE 338            ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED             315

TABLE 339            ABB: DEALS        317

TABLE 340            VERTIV: COMPANY OVERVIEW 318

TABLE 341            VERTIV: PRODUCTS/SOLUTIONS/SERVICES OFFERED             319

TABLE 342            VERTIV: PRODUCT LAUNCHES & ENHANCEMENTS             321

TABLE 343            VERTIV: DEALS 322

TABLE 344            LEGRAND: COMPANY OVERVIEW             324

TABLE 345            LEGRAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED             325

TABLE 346            LEGRAND: DEALS            326

TABLE 347            HITACHI HI-REL POWER ELECTRONICS: COMPANY OVERVIEW   328

TABLE 348            HITACHI HI-REL POWER ELECTRONICS:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    328

TABLE 349            HITACHI HI-REL POWER ELECTRONICS: DEALS                 329

TABLE 350            EATON: COMPANY OVERVIEW  330

TABLE 351            EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED             331

TABLE 352            EATON: PRODUCT LAUNCHES & ENHANCEMENTS             333

TABLE 353            EATON: DEALS 334

TABLE 354            DELTA ELECTRONICS: COMPANY OVERVIEW                 335

TABLE 355            DELTA ELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    335

TABLE 356            DELTA ELECTRONICS: DEALS    337

TABLE 357            MITSUBISHI ELECTRIC: COMPANY OVERVIEW                 339

TABLE 358            MITSUBISHI ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    340

TABLE 359            MITSUBISHI ELECTRIC: PRODUCT LAUNCHES & ENHANCEMENTS             341

TABLE 360            TOSHIBA: COMPANY OVERVIEW              342

TABLE 361            TOSHIBA: PRODUCTS/SOLUTIONS/SERVICES OFFERED             343

TABLE 362            TOSHIBA: PRODUCT LAUNCHES & ENHANCEMENTS             344

TABLE 363          MODULAR DATA CENTER SOLUTIONS MARKET, BY TYPE,

2019–2023 (USD MILLION)            361

TABLE 364          MODULAR DATA CENTER SOLUTIONS MARKET, BY TYPE,

2024–2030 (USD MILLION)            361

TABLE 365            MODULAR DATA CENTER SERVICES MARKET, BY TYPE, 2019–2023 (USD MILLION)         361

TABLE 366            MODULAR DATA CENTER SERVICES MARKET, BY TYPE, 2024–2030 (USD MILLION)         361

TABLE 367            MICRO MOBILE DATA CENTER MARKET, BY SOLUTION, 2019–2023 (USD MILLION)    362

TABLE 368            MICRO MOBILE DATA CENTER MARKET, BY SOLUTION, 2024–2029 (USD MILLION)    362

TABLE 369            MICRO MOBILE DATA CENTER MARKET, BY SERVICE, 2019–2023 (USD MILLION)         362

TABLE 370            MICRO MOBILE DATA CENTER MARKET, BY SERVICE, 2024–2029 (USD MILLION)         363

TABLE 371            SOLUTIONS: DATA CENTER POWER MARKET, BY TYPE, 2016–2019 (USD MILLION)         363

TABLE 372            SOLUTIONS: DATA CENTER POWER MARKET, BY TYPE, 2020–2025 (USD MILLION)         364

TABLE 373            SERVICES: DATA CENTER POWER MARKET, BY TYPE, 2016–2019 (USD MILLION)                364

TABLE 374            SERVICES: DATA CENTER POWER MARKET, BY TYPE, 2020–2025 (USD MILLION)                364

LIST OF FIGURES

FIGURE 1              MODULAR UPS MARKET: RESEARCH DESIGN                 39

FIGURE 2              BREAKUP OF PRIMARY INTERVIEWS, BY COMPANY TYPE,

DESIGNATION, AND REGION     41

FIGURE 3              MODULAR UPS MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES         43

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                44

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              45

FIGURE 6              MODULAR UPS MARKET: RESEARCH FLOW                 45

FIGURE 7              MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS                 46

FIGURE 8              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH FROM SUPPLY SIDE – COLLECTIVE REVENUE OF VENDORS                 46

FIGURE 9              MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE APPROACH          47

FIGURE 10            GLOBAL MODULAR UPS MARKET TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD      52

FIGURE 11            FASTEST-GROWING SEGMENTS IN MODULAR UPS MARKET, 2024–2030                 53

FIGURE 12            MODULAR UPS MARKET: REGIONAL SNAPSHOT                 54

FIGURE 13            RISING NEED FOR ENERGY-EFFICIENT AND SCALABLE POWER SOLUTIONS TO DRIVE MARKET         56

FIGURE 14            SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD   57

FIGURE 15            MANAGED SERVICES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE 2030           57

FIGURE 16            MEDIUM (101–500 KW) SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD                 58

FIGURE 17            THREE-PHASE UPS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD                 58

FIGURE 18            DOUBLE CONVERSION ONLINE UPS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD                59

FIGURE 19            FREESTANDING UPS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD                 59

FIGURE 20            LEAD-ACID BATTERIES TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 60

FIGURE 21            MEDIUM-VOLTAGE MODULAR UPS (251–480 V) TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD         60

FIGURE 22            LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD                 61

FIGURE 23            INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE BY 2030            61

FIGURE 24            ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENT IN NEXT FIVE YEARS          62

FIGURE 25            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES:

MODULAR UPS MARKET               63

FIGURE 26            MODULAR UPS MARKET: ECOSYSTEM ANALYSIS            73

FIGURE 27            MODULAR UPS MARKET: SUPPLY CHAIN ANALYSIS            75

FIGURE 28            AVERAGE SELLING PRICE TREND FOR KEY PLAYERS, BY REGION, 2021–2024                79

FIGURE 29            IMPORT DATA, BY COUNTRY, 2019–2023 (USD MILLION)            81

FIGURE 30            EXPORT DATA, BY COUNTRY, 2019–2023 (USD MILLION)            82

FIGURE 31            NUMBER OF PATENTS PUBLISHED, 2013–2023                 83

FIGURE 32            MODULAR UPS MARKET: PORTER’S FIVE FORCES ANALYSIS           97

FIGURE 33            MODULAR UPS MARKET: TRENDS/DISRUPTIONS IMPACTING

CUSTOMER BUSINESS   100

FIGURE 34            INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP END USERS 101

FIGURE 35            KEY BUYING CRITERIA FOR TOP END USERS                 102

FIGURE 36            LEADING GLOBAL MODULAR UPS MARKET VENDORS, BY NUMBER OF INVESTORS AND FUNDING ROUNDS, 2023        105

FIGURE 37            IMPACT OF GEN AI ON MODULAR UPS MARKET                 106

FIGURE 38            SOLUTIONS SEGMENT TO HOLD LARGER MARKET DURING FORECAST PERIOD    110

FIGURE 39            MANAGED SERVICES SEGMENT TO ACCOUNT FOR LARGER MARKET IN 2024    123

FIGURE 40            LARGE (ABOVE 500 KW) SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD      132

FIGURE 41            MEDIUM-VOLTAGE MODULAR UPS (251–480 V) SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD         139

FIGURE 42            THREE-PHASE UPS SEGMENT TO GROW AT HIGHER CAGR DURING

FORECAST PERIOD         147

FIGURE 43            FREESTANDING UPS SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD         153

FIGURE 44            LEAD-ACID BATTERIES TO HOLD LARGEST MARKET DURING FORECAST PERIOD    158

FIGURE 45            LARGE ENTERPRISES SEGMENT TO HOLD LARGER MARKET DURING

FORECAST PERIOD         165

FIGURE 46            DOUBLE CONVERSION ONLINE UPS SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD                 170

FIGURE 47            DATA CENTERS TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD    175

FIGURE 48            NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET BY 2030               200

FIGURE 49            NORTH AMERICA: MARKET SNAPSHOT 203

FIGURE 50            ASIA PACIFIC: REGIONAL SNAPSHOT     230

FIGURE 51            MODULAR UPS MARKET SHARE ANALYSIS, 2024                 277

FIGURE 52            MODULAR UPS MARKET: BRAND/PRODUCT COMPARISON   279

FIGURE 53            HISTORICAL REVENUE ANALYSIS, 2019–2023 (USD MILLION) 280

FIGURE 54            COMPANY EVALUATION MATRIX FOR KEY PLAYERS: CRITERIA WEIGHTAGE             282

FIGURE 55            MODULAR UPS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023         284

FIGURE 56            MODULAR UPS MARKET: COMPANY FOOTPRINT       285

FIGURE 57            EVALUATION MATRIX FOR STARTUPS/SMES: CRITERIA WEIGHTAGE 288

FIGURE 58            MODULAR UPS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 289

FIGURE 59            COMPANY VALUATION OF KEY VENDORS                 291

FIGURE 60            FINANCIAL METRICS OF KEY VENDORS 292

FIGURE 61            YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND F-YEAR STOCK

BETA OF KEY VENDORS                292

FIGURE 62            HUAWEI: COMPANY SNAPSHOT                303

FIGURE 63            SCHNEIDER ELECTRIC: COMPANY SNAPSHOT                 308

FIGURE 64            ABB: COMPANY SNAPSHOT        315

FIGURE 65            VERTIV: COMPANY SNAPSHOT 319

FIGURE 66            LEGRAND: COMPANY SNAPSHOT             324

FIGURE 67            EATON: COMPANY SNAPSHOT  331

FIGURE 68            MITSUBISHI ELECTRIC: COMPANY SNAPSHOT                 340

FIGURE 69            TOSHIBA: COMPANY SNAPSHOT              343