Modular UPS Market to Reach $9.52 Billion by 2030
Global, Tuesday, 17 December 2024.
The modular UPS market is expected to grow from $5.44 billion in 2024 to $9.52 billion by 2030, driven by increasing demand for scalable power solutions in data centers and telecommunications.
Market Growth Dynamics
The modular UPS market is projected to experience a robust compound annual growth rate (CAGR) of 9.8% from 2024 to 2030 [1][2]. This significant expansion is primarily driven by the increasing adoption of digital transformation initiatives and the growing need for reliable, energy-efficient power backup solutions [3]. The double conversion online UPS segment is positioned to capture the highest growth rate during this period [1], as these systems provide superior protection against power fluctuations by continuously converting AC power to DC and back to AC [1].
Data Center Expansion Fueling Demand
Recent market analysis reveals substantial growth in data center infrastructure, with North America experiencing a 10% increase in data center capacity and a record-low 2.8% availability of data center space [1]. Major investments are accelerating this trend, including AWS’s commitment of USD 10.2 billion for UK data centers and USD 11 billion for facilities in Indiana, USA [3]. The integration of AI technologies is further driving demand, as evidenced by Vertiv’s October 2024 launch of a 7MW reference architecture for the NVIDIA GB200 NVL72 platform [3].
Technological Advancements and Industry Solutions
Modern modular UPS systems are incorporating advanced features such as AI-enabled predictive maintenance and smart anomaly detection [3]. These systems are designed with flexible architecture, hot-swappable modules, and enhanced energy efficiency capabilities [3]. The market is seeing particular growth in medium-power modular UPS systems (101-500 kW), which are expected to maintain the largest market share during the forecast period [3]. Leading manufacturers including Huawei, Schneider Electric, and ABB [1] are focusing on developing solutions that offer improved scalability and reduced maintenance requirements.
Regional Market Dynamics
North America is positioned to maintain the largest market share through 2030 [1], driven by robust technological infrastructure and increasing investments in data center facilities [2]. Europe has shown remarkable growth, with a reported 168% increase in data center investments as of Q2 2024 [3]. The Asia Pacific region is also experiencing significant expansion, particularly in countries like India, where major investments in data center infrastructure are driving adoption of modular UPS systems [3].