UPS - Worldwide Market Analysis & Forecast (2018-2022): ABB, Eaton, Legrand, Schneider Electric, Toshiba, and Vertiv are Leading the Competition - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 9, 2018--The “Global UPS Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global UPS market to grow at a CAGR of 5.15% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is increased use of lithium-ion batteries for UPS. Lithium-ion batteries have a high energy density, which allows them to be small and weightless. These batteries have a high charge-discharge rate and have a lower cost when compared with VRLA batteries.
According to the report, one driver in the market is rise in refining capacity. The oil and gas industry is growing post the sudden drop in crude oil prices in 2014. The increase in oil and gas exploration and refining is due to the increase in unconventional gas exploration and offshore exploration projects, where were put on hold due to price fluctuations.
Further, the report states that one challenge in the market is UPS battery failure. All batteries have a designated lifespan during which they can provide maximum functionality. Battery life deteriorates based on various factors. These factors are applicable for value-regulated lead-acid battery types.Market TrendsIncreased Use of Lithium-ion Batteries for UPSIncrease in Integration of Power SourcesAdvances in UPS Technology
Key VendorsABBEatonLegrandSchneider ElectricToshibaVertiv
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Application
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/ls7n5l/ups_worldwide?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005692/en/
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SOURCE: Research and Markets
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PUB: 10/09/2018 09:01 AM/DISC: 10/09/2018 09:01 AM