Industrial Power Supply Industry Research Report 2024-2030:
Industrial power supply solutions range from uninterruptible power supplies (UPS) and power distribution units (PDUs) to transformers and generators, all designed to meet the
Uninterruptible power supply (UPS), a power quality device, provides constant and stable power to a critical system load.
The global uninterruptible power supply (UPS) market size is estimated at USD 9.53 billion in 2024 and is anticipated to reach around USD 14.27 billion by 2034, expanding at a CAGR of 4.12% from 2024 to 2034. By geography, the Asia Pacific accounts for the rapidly growing demand for UPS market.
These top companies collectively held over 55% of the market share in 2024. The uninterruptible power supply market size exceeded USD 12.1 billion in 2024 and is expected to grow at a CAGR of 5.6% from 2025 to 2034, driven by the rapid expansion of data centers fueled by cloud computing, AI workloads, and digital transformation efforts.
Top 7 companies of global uninterruptible power supply industry are Eaton, Huawei, Vertiv, Schneider Electric, Delta Electronics, Riello UPS, ABB, collectively hold more than 55% of the market in 2024. Eaton is the prominent leader in power management and full range UPS solutions to critical infrastructure.
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