A rack mount UPS or uninterruptible power supply is used to provide backup power during power failures or outages in data centers, industrial applications, and other facilities with critical equipment and systems. It is commonly installed in standard 19-inch server racks to ensure continued operation of network servers, data storage devices, routers, switches, and other IT infrastructure. The use of rack mount UPS instead of standalone UPS allows for efficient use of limited rack space in server rooms and optimal power protection for the equipment installed in the racks. Typical rack mount UPS systems range from 1kVA to 100kVA capacities to meet the backup needs of small to large IT loads.
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 Dynamics:
Growing demand for robust backup solutions from data centers is expected to be a major driver for the rack mount UPS market over the forecast period. With the rapidly growing data traffic and scalability needs of cloud services and big data applications, data center operations are expanding dramatically. This is increasing the requirement for higher capacity and highly reliable power protection systems in data centers to prevent costly downtime during outages. Rack mount UPS provide seamless backup during interruptions and have sufficient capacities ranging up to 100kVA to support the power needs of server racks housing hundreds of servers and storage systems. Furthermore, the increasing deployment of edge computing infrastructure is also fueling the demand for rack mount UPS solutions as edge sites require robust and scalable backup alongside critical systems with zero downtime clauses.
Segment Analysis
The global Rack Mount UPS market is segmented on the basis of Products into Online and Line interactive. The online segment dominates the market and accounts for over 70% share due to its benefits of complete protection from power disruptions and higher efficiency. It provides instantaneous power backup during outages without any interruption to the loads.
PEST Analysis
Political: Growth of data centers and need for reliable power backup systems from governments will drive demand. Stringent regulations to reduce carbon footprint can impact manufacturing.
Economic: Growing IT industry and developing economies spending on critical infrastructure fosters market growth. Fluctuations in raw material prices can impact costs.
Social: Increasing reliance on digital services and rise of work from home culture increases requirement for uninterrupted power sources.
Technological: Advancements in battery technologies and smart networked features of UPS systems spur innovations. Adoption of lithium-ion batteries provides higher capacities.
Key Takeaways
The global Rack Mount UPS Market 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.
Regional analysis comprises Asia Pacific region dominates with over 35% share due to rapid industrialization and infrastructure development in countries like China and India.
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. Key players Roche Holding AG and AbbVie Inc. collectively hold almost 30% share of the market owing to their extensive product portfolios and global presence. Innovation and partnerships remain key strategies of top players to expand their market share.
*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it
