Myanmar UPS Systems Market 2019-2025: Market Forecast by kVA Rating, Phases, Applications, Regions, and Competitive Landscape - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 20, 2019--
The “Myanmar UPS Systems Market (2019-2025): Market Forecast by kVA Rating, by Phases, by Applications, by Regions, and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
Myanmar UPS market is projected to grow at a CAGR of 7.3% during 2019-20.
Increasing consumption of power across all segments such as industrial, commercial and residential sectors would help the market of UPS to witness significant growth over the next six years. Further, rapid growing information & technology industry along with a rising number of hotels under the hospitality sector across the country is anticipated to offer a new avenue of applications for the UPS market during 2019-25.
Significant growth across the construction sector on account of rising demand for commercial office space, a new hotel and BFSI infrastructures are anticipated to drive the growth of UPS in Myanmar over the coming years. Additionally, a growing number of industries and the development of Special Economic Zones across the country would further fuel the demand for UPS in the country.
Amongst all the applications, the commercial application captured the highest market revenue share in the overall market in 2018. In the commercial sector, the BFSI, Commercial office spaces and Hospitality segments were the major revenue generating applications and are expected to maintain their dominance during the forecast period on account of the government emphasis on developing the country’s social infrastructure.
The report thoroughly covers the market by kVA rating, phases, applications and regions. The outlook report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
The report provides a detailed analysis of the following market segments:
By kVA Ratings
For more information about this report visit https://www.researchandmarkets.com/r/oekyut
View source version on businesswire.com:https://www.businesswire.com/news/home/20190520005333/en/
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KEYWORD: ASIA PACIFIC MYANMAR
INDUSTRY KEYWORD: ENERGY UTILITIES
SOURCE: Research and Markets
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PUB: 05/20/2019 06:25 AM/DISC: 05/20/2019 06:25 AM