Modular UPS Market: Industry Insights, Top Companies Analysis, Market Driving Force & Investment Analysis for Business

Orbis Research
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DALLAS, TEXAS, UNITED STATES, May 17, 2017 /EINPresswire.com/ -- The Global Modular UPS Market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of XX% during the forecast period of 2017 - 2022.
Modular UPS system comprises of different small modules to create a big UPS systems. Each of the modules has all the hardware and software needed for an autonomous operation, with component distributed between different units, potential for single point failure is eliminated. Different modules can even share the components to improve the overall hardware utilization and efficiency of the system.
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Modular systems are adapted so that facility can be easily scaled up on later requirements just by adding new modules to the existing system. Moreover it provide flexibility and reduce the complexity associated with installation, configuration and maintenance of the system. As the modules are autonomous, they provide an excellent performance as compared to any traditional UPS system. However excess capacity in a complete autonomous module cannot be used by others resulting in underutilization of overall system.
Availability is the most crucial UPS parameter which is depended on reliability and serviceability of the UPS system, modular system are highly reliable and any sort of service would only would only be limited to a particular module rather than complete system.
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Drivers:
• The Unforeseen requirement for capacity up gradation is the major driver for Global Modular UPS market.
• Increasing need for flexibility and reduction in complexities related to installation, operation and maintenance of UPS systems.
• Rising number of small and medium scale enterprises.
Challenges:
• Modular UPS systems are comparatively costlier than traditional UPS systems.
• Having components separate for each module, the total space required for the facility increases.
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