The Middle East, and Africa (MEA) Uninterruptible Power Supply Systems Market is projected to register a CAGR of 6.4% during 2020-2026.
The Middle East and Africa uninterruptible power supply (UPS) systems market size are expected to gain momentum during the forecast period on account of digital transformation strategies that would increase the ICT and IT market spending of the region in the countries such as Saudi Arabia, Qatar, Bahrain, Egypt, and Kenya.
Additionally, the increasing trend of process and factory automation and a growing number of power plants, as the government is focusing on increasing the share of renewable power in countries such as Saudi Arabia, UAE, and Egypt, are other factors that would propel the demand for higher power rating UPS products in the industrial domain during the forecast period.
However, the Middle East and Africa UPS systems market would witness contraction, both in revenues and volume terms, during 2020 on the account of import restrictions coupled with a fall in revenues from the tourism sector and halting of several projects on account of nation-wide lockdowns owing to the spread of COVID-19.
In coming years, Saudi Arabia is anticipated to acquire the highest revenues and volume share in the overall uninterruptible power supply (UPS) systems market of the Middle East and Africa region owing to increasing traction for servers, storage systems, and data centers due to growing adoption of cloud computing, artificial intelligence & IoT across various industries. The larger utilization of data centers would generate new areas of application for uninterruptible power supply (UPS) systems in the country.
Further, countries such as Turkey would witness significant growth in the UPS systems market in the future owing to their ongoing and upcoming investment plans such as Turkey Vision 2023 which includes the development of ICT, transportation, tourism, and energy sectors.
Based on applications, a commercial application acquired the highest revenue share in the overall Middle East and Africa region owing to the larger deployment of such systems in domains such as hospitality, healthcare, commercial offices, etc. Further, the commercial domain would mark its presence in the coming years on account of several projects in the above-mentioned segments. For instance, in the overall Middle East region, 548 hotel projects are in the construction pipeline with approximately 169,372 hotel rooms. This would, thus, augment the demand for small and medium-size range UPS products in the future.
The Middle East and Africa uninterruptible power supply (UPS) systems market overview comprehensively covers the Middle East and Africa uninterruptible power supply (UPS) systems market outlook by kVA, phases, applications, and country. The Middle East and Africa uninterruptible power supply (UPS) systems market forecast provide an unbiased and detailed analysis of the on-going Middle East and Africa uninterruptible power supply (UPS) systems market trends.
The Middle East and Africa uninterruptible power supply (UPS) systems market forecast the opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
By kVA Rating
- Below 1 kVA
- 1 – 5 kVA
- 1 – 20 kVA
- 1 – 50 kVA
- 1 – 200 kVA
- Above 200 kVA
- Government Buildings and Offices
- Data Centre’s
- Others (Retail, Education Institutes, Transportation Infrastructure, etc.)
- Saudi Arabia
- South Africa
- Ivory Coast
- Rest of the Middle East and Africa (Syria, Cyprus, Palestine, Ethiopia, etc)
- ABB Ltd.
- Delta Electronics Inc.
- Eaton Corporation Plc
- Emerson Electric Co.
- Huawei Technologies Co. Ltd.
- Legrand & Co.
- Reillo Industries S.R.L
- Schneider Electric SE
- Socomec Group S.A.
- Tripp Lite
- Vertiv Group Corp.
For more information about this report visit https://www.researchandmarkets.com/r/sj8zwa
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900