The report, now available on ASDReports, The report recognizes the following companies as the key players in the Global Battery Market for UPS: Amara Raja Batteries, Eaton, Emerson Electric, Exide Technologies, Microtek, Schneider Electric and Su-Kam Power Systems
Commenting on the report, an analyst said: “End-users worldwide prefer smaller UPS systems because they require less space, leaving more space for core business activities. Portable UPS systems weigh less, and therefore cost less than large UPS systems. Vendors are manufacturing UPS systems that are lightweight, easily mountable, and take up less space due to their built-in battery feature. The availability of portable UPS systems is expected to increase in the future, as the major vendors are striving to achieve a competitive advantage by manufacturing such UPS systems with guarantees.”
According to the report, the demand for power backup has increased significantly in several industry verticals. UPS systems are being recognized by countless organizations as an essential power backup to ensure the continued running of businesses. Many manufacturing industries, especially the oil and gas, petrochemical and refining, and automobile design facilities are using UPS systems for power backup to prevent the loss of data and productivity.
Further, the report states that the chances of module and system failure increase in proportion to the size of the power system. This is especially noticeable in industrial UPS modules that usually have a bigger size, complex circuitry, and wire configuration between modules. High downtime of industrial UPS systems is also impeding market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.