The Global Rack Mount UPS Market Growth Accelerated By Increasing Adoption Of Rack Mount UPS In Data Centers

 


The rack mount uninterruptible power supply (UPS) system provides backup power during power outages and voltage sags. It prevents downtime and data loss by supplying consistent power to servers, storage systems, networking equipment, and critical applications in data centers.

The Global Rack Mount UPS Market Size is estimated to be valued at US$ 3.44 Mn in 2024 and is expected to exhibit a CAGR of 4.9% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

Increasing establishment of data centers by various organizations is driving the adoption of rack mount UPS systems. Rack mount UPS provides uninterrupted power supply to servers and networking devices installed in data centers to ensure continuous functioning of services and applications even during power outages. Growing data traffic and cloud storage requirements are prompting large enterprises and internet companies such as Amazon Web Services, Microsoft Azure, and Google Cloud to expand their existing data center infrastructure or establish new data centers globally. This is boosting the demand for rack mount UPS systems in the market.


Segment Analysis
The global rack mount UPS market is dominated by online/double-conversion segment accounting for over 60% share in 2024. Online UPS offer higher uptime and reliable power backup even during power fluctuations without any break. They provide perfect power protection for critical datacentre servers and network infrastructure preventing downtime and data loss.

Key Takeaways
The global rack mount UPS market is expected to witness high growth over the forecast period of 2024 to 2031. The market size is projected to reach US$ 5.13 Mn by 2031, growing at a CAGR of 4.9% during the forecast period.

Regional analysis
North America is expected to remain the largest as well as the fastest growing regional market for rack mount UPS from 2024 to 2031. The presence of large data centers along with robust IT infrastructure across the US and Canada drives the demand for rack mount UPS systems in the region. The rack mount UPS market in Asia Pacific is also anticipated to register rapid growth owing to increasing investments in data center development in major emerging economies such as China and India.

Key players
Key players operating in the rack mount UPS market are Johnson & Johnson Services Inc., AbbVie Inc., Takeda Pharmaceutical Company Ltd., UCB Pharma S.A., Pfizer Inc., Bristol Myers Squibb Co., Roche Holding AG, GlaxoSmithKline Plc, Eli Lilly & Company, and Novartis International AG.

Get More Insights Here: https://www.newswirestats.com/rack-mount-ups-market-size-share-and-growth-forecast-2023-2030/

Related Reports: https://techaxen.com/glycerol-the-versatile-elixir-fueling-industries-and-nurturing-skincare-unveiling-the-liquid-golds-hidden-potentials/

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