DUBLIN, Sept 19, 2018 /PRNewswire/ --
The "Middle East and Africa Uninterruptible Power Supply (UPS) Market (2018-2024): Market Forecast by KVA Rating, by Applications, by Countries, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
Middle East and Africa (MEA), Uninterruptible Power Supply (UPS) Systems market revenues are predicted to grow with a CAGR of 4.1% during 2018-24.
Growing investment in the commercial sector with several ambitious government visions such as Saudi Vision 2030, Turkey Vision 2023 as well as South Africa Vision 2030 would drive significant development activities, which would drive the demand for a power back up solutions such as UPS in the Middle East and Africa region. Further, increasing number of data centers, increasing IT spending, additions of SMEs, hospitals and several industries such as manufacturing units would ultimately increase the demand for UPS systems in future to support business continuity in critical service situations.
The growth in the market would be aided by the efforts taken by various governments to strengthen their country's commercial and industrial sectors. Initiatives such as Saudi Vision 2030, Turkey Vision 2023, and Dubai Expo 2020 would drive the development activities in non-oil sectors. Further, expansion in the areas of commercial and industrial sectors would be witnessed, which would drive the demand for UPS systems in the Middle East and Africa region during the forecast period.
Amongst all applications, the commercial sector has captured the highest market revenue share in the overall UPS systems market in 2017 in the MEA region. In the commercial sector, data centers, BFSI and hospitality segments were the major revenue shareholders and are expected to maintain their dominance in the coming years on account of government emphasis on developing the social infrastructure.
The report comprehensively covers the MEA UPS systems market by KVA ratings, applications and countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to the device and align their market strategies according to the current and future market dynamics.
By KVA Rating
- Below 1.1 KVA
- 1.1 KVA - 5 KVA
- 5.1 KVA - 20 KV
- 20.1 KVA - 50 KVA
- 50.1 KVA - 200 KVA
- Above 200 KVA
- Data Centers
- Others (Retail, Government Buildings, Transportation Infrastructure etc.)
- Middle East
- Saudi Arabia
- South Africa
- Ivory Coast
- ABB Ltd.
- Delta Electronics Inc.
- Eaton Corporation Plc
- General Electric Company
- Legrand & Co.
- Riello Industries S.R.L.
- Schneider Electric SE
- Socomec Group S.A.
- Tripp Lite
- Vertiv Co.
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SOURCE Research and Markets