Global Modular UPS Market: Market Analysis by Knowledge Sourcing Intelligence
The modular UPS market was valued at US$1.198 billion in 2017 and is projected to expand at a CAGR of 2.2% over the forecast period to reach US$2.711 billion by 2023. The current trend of using smaller modular systems which are capable of scaling according to the load demand is driving the growth of the global modular UPS market. According to the QPS which is headquartered in Maddison WI, modular UPS systems are one of the fastest growing products in the 3 phase UPS industry and is expected to reach an estimated sale of 2.5 billion dollars by 2020. Sample view of Global Modular UPS Market Forecast Global Modular UPS Market by Geography: By geography, the modular UPS market is segmented as Americas, Europe Middle East and Africa, and the Asia Pacific. The Americas is further segmented into North America and South America. The data center market is dominated by the America s followed by Europe. The Asia Pacific region is considered to be the fastest growing...