UPS market grows on back of sustainable practices
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Increasing concerns over greenhouse gas emissions have shifted the uninterruptible power supply market's focus from product performance to product efficiency.
This change in priority has opened up significant opportunities for UPS dealers to offer efficient, end-to-end solutions.
A report from Frost & Sullivan, “Asia-Pacific UPS Market Update 2012”, finds that the market reached US$1.42 billion in 2012 and estimates it to grow to $1.92 billion in 2018, fuelled by IT, finance and manufacturing applications.
Over the next five to seven years, the main thrust for the Asia-Pacific UPS market will come from advances in mobile computing, data services, cloud and virtualisation/IT.
Market growth is already being encouraged by strong demand for robust and smart electrical infrastructure from IT-enabled service providers, online portals, e-commerce companies, stock brokerages and insurance firms.
Most end users, particularly those in the data centre segment, are looking for compact UPS systems with a small footprint due to space constraints. Increased share of data centre revenue will help improve margins, as the stakes are high for data centre operators in their business critical networks.
