Market Overview:
The global transformerless UPS market reached a value of US$ 1.5 Billion in 2020. Uninterruptible power supply (UPS) refers to a device that helps computers run for a short while in case the primary source of power fails. Unlike inverter systems, UPS systems provide near-instantaneous power supply, as well as intercept power surge from the primary source. Earlier system designs used a transformer to boost low incoming voltages, but nowadays, there is a significant rise in the usage of transformerless UPS systems. Transformerless UPS systems rely on insulated-gate bipolar transistors (IGBTs) that deal with high voltages and eliminate the requirement for a step-up transformer after the inverter. These systems have a smaller carbon footprint and assist in reducing investments and running costs.
The utilization of transformerless UPS is currently increasing at a rapid pace, especially in sectors that rely on a continuous power supply. Consequently, these systems have become key components in industries such as BFSI, telecommunications, power generation, oil and gas, railways and aviation. Another defining trend in the market is the escalating demand for more compact and sleek systems. Furthermore, the leading manufacturers are focusing on the introduction of improved designs by integrating temperature sensors that allow direct thermal IGBT control. They are also reducing the number of components used to avoid faults and increase reliability. However, the sudden outbreak of the coronavirus disease (COVID-19) and consequent lockdowns imposed by governing agencies of numerous countries have led to a reduction in the overall production due to disruptions in the supply chain. The market is expected to experience growth once lockdown restrictions are uplifted. Looking forward, IMARC Group expects the global transformerless UPS market to exhibit strong growth during the next five years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global transformerless UPS market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, component type, power and end use industry.
Breakup by Component Type:
- Rectifier
- Battery
- Inverter
- Static Switch
- Others
Breakup by Power:
- 10-100 KVA
- 101-250 KVA
- More than 250 KVA
Breakup by End Use Industry:
- BFSI
- Telecommunication
- Government
- Manufacturing
- Transportation
- Healthcare
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., Borri S.p.A, Eaton Corporation Plc, Emerson Electric Co., General Electric Company, Mitsubishi Electric Corporation, RPS S.p.A. (Riello Elettronica S.p.A.), Schneider Electric, Shenzhen Kstar Science & Technology Co. Ltd. and Toshiba Corporation.
Key Questions Answered in This Report:
- How has the global transformerless UPS market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global transformerless UPS market?
- What are the key regional markets?
- What is the breakup of the market based on the component type?
- What is the breakup of the market based on the power?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global transformerless UPS market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Transformerless UPS Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component Type
6.1 Rectifier
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Battery
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Inverter
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Static Switch
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Power
7.1 10-100 KVA
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 101-250 KVA
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 More than 250 KVA
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 BFSI
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Telecommunication
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Government
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Manufacturing
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Transportation
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Healthcare
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ABB Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Borri S.p.A
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Eaton Corporation Plc
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Emerson Electric Co.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 General Electric Company
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Mitsubishi Electric Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 RPS S.p.A (Riello Elettronica S.p.A.)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Schneider Electric
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Shenzhen Kstar Science & Technology Co. Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 Toshiba Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
List of Figures
Figure 1: Global: Transformerless UPS Market: Major Drivers and Challenges
Figure 2: Global: Transformerless UPS Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Transformerless UPS Market: Breakup by Component Type (in %), 2020
Figure 4: Global: Transformerless UPS Market: Breakup by Power (in %), 2020
Figure 5: Global: Transformerless UPS Market: Breakup by End Use Industry (in %), 2020
Figure 6: Global: Transformerless UPS Market: Breakup by Region (in %), 2020
Figure 7: Global: Transformerless UPS Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Transformerless UPS (Rectifier) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Transformerless UPS (Rectifier) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Transformerless UPS (Battery) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Transformerless UPS (Battery) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Transformerless UPS (Inverter) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Transformerless UPS (Inverter) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Transformerless UPS (Static Switch) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Transformerless UPS (Static Switch) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Transformerless UPS (Other Component Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Transformerless UPS (Other Component Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Transformerless UPS (10-100 KVA) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Transformerless UPS (10-100 KVA) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Transformerless UPS (101-250 KVA) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Transformerless UPS (101-250 KVA) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Transformerless UPS (More than 250 KVA) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Transformerless UPS (More than 250 KVA) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Transformerless UPS (BFSI) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Transformerless UPS (BFSI) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Transformerless UPS (Telecommunication) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Transformerless UPS (Telecommunication) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Transformerless UPS (Government) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Transformerless UPS (Government) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Transformerless UPS (Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Transformerless UPS (Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Transformerless UPS (Transportation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Transformerless UPS (Transportation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Transformerless UPS (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Transformerless UPS (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Global: Transformerless UPS (Other End Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Global: Transformerless UPS (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: North America: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: North America: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: United States: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: United States: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Canada: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Canada: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Asia Pacific: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Asia Pacific: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: China: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: China: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Japan: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Japan: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: India: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: India: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: South Korea: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: South Korea: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Australia: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Australia: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Indonesia: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Indonesia: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Others: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Others: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Europe: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Europe: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Germany: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Germany: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: France: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: France: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: United Kingdom: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: United Kingdom: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Italy: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Italy: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Spain: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Spain: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Russia: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Russia: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Others: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Others: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Latin America: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Latin America: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Brazil: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Brazil: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Mexico: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Mexico: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Others: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Others: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Middle East and Africa: Transformerless UPS Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Middle East and Africa: Transformerless UPS Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Global: Transformerless UPS Industry: SWOT Analysis
Figure 87: Global: Transformerless UPS Industry: Value Chain Analysis
Figure 88: Global: Transformerless UPS Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Transformerless UPS Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Transformerless UPS Market Forecast: Breakup by Component Type (in Million US$), 2021-2026
Table 3: Global: Transformerless UPS Market Forecast: Breakup by Power (in Million US$), 2021-2026
Table 4: Global: Transformerless UPS Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 5: Global: Transformerless UPS Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Transformerless UPS Market Structure
Table 7: Global: Transformerless UPS Market: Key Players