Modular UPS systems are dominated by medium(20 to 200 kVA) and large power ranges above 200 kVA. They account for 89.6% and 90.3% of the total market revenue in 2022 and 2023. The 20 to 200 kVA range is the most attractive segment in the medium power range; this segment accounts for 39.8% and 38.6% of the total revenue in 2022 and 2023.
When it comes to backup power deployment, the trend is still towards using well-proven technologies (e.g., traditional free-standing UPS) which has caused a slowdown in the adoption of innovative new solutions (e.g., modular UPS systems). This is mainly due to the lack of product knowledge andend-user misconception about modulartechnology.
UPS manufacturers are starting to focus on large-power modular systems, mainly due to increasing demand from the data center vertical and the increasing end-user awareness level on both operational and technicaladvantages.
The Critical Power supply scenario is a very important segment, accounting for 30.2% and 29.3% in 2022 and 2023.
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