Malaysia UPS Systems Market 2018-2024: Forecast by kVA Ratings, Applications, Regions and Competitive Landscape - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 2, 2019--The “Malaysia UPS Systems Market 2018-2024: Forecast by kVA Ratings, Applications, Regions and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
The demand for UPS systems in Malaysia has witnessed substantial growth in the past few years on the back of growing need to control power fluctuations and provide back-up in case of power cut-offs during critical operations.
Further, surging construction and manufacturing activities along with a growing number of data centers, commercial offices and hotels are expected to boost the market for UPS systems in Malaysia over the next six years.
According to this research, the Malaysia Uninterruptible Power Supply (UPS) Systems Market is projected to grow at a CAGR of 8.4% during 2018-2024.
Government initiatives such as the Economic Transformation Programme and 11th Malaysian Plan are anticipated to drive the growth of the construction, transportation and manufacturing industries. This would further proliferate the sales of UPS systems in Malaysian market during the forecast period.
Amongst all the applications, the commercial application occupied the majority of the revenue share, followed by the industrial application in the overall Malaysia UPS systems market in 2017.
Upcoming projects such as Fairmont Kuala Lumpur Tower 2, the exchange mall and KPJ Damansara 2 Specialist Hospital will generate more demand for UPS systems in the retail, offices, healthcare and other commercial segments over the coming years.
Moreover, government efforts to boost the industrial and manufacturing sectors of Malaysia would also positively affect the growth of the UPS systems market in the country.
By kVA RatingsUp to 1.1 kVA 1.1 kVA - 5 kVA 5.1 kVA - 20 kVA 20.1 kVA - 50 kVA 50.1 kVA - 200 kVA Above 200 kVA
By ApplicationsCommercial: OfficesHealthcareHospitalityBFSIData CentersOthers (Retail, Government Buildings, Transportation Infrastructure etc.) Industrial Residential
By RegionsPeninsular Sarawak Sabah
Companies ProfiledABB Malaysia Sdn Bhd Delta Electronics Int’l (Singapore) Pte Ltd. Eaton Industries Sdn Bhd General Electric Company Riello Elettronica S.p.A. Schneider Electric SE SOCOMEC UPS (M) Sdn Bhd Tripp Lite Vertiv Malaysia Sdn Bhd
For more information about this report visit https://www.researchandmarkets.com/research/m4grr9/malaysia_ups?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005318/en/
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KEYWORD: MALAYSIA ASIA PACIFIC
INDUSTRY KEYWORD: ENERGY UTILITIES
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/02/2019 08:50 AM/DISC: 01/02/2019 08:50 AM