The transformerless UPS market is projected to grow significantly from 2021 to 2026, driven by demand in various sectors and innovations in design.
According to the latest report by IMARC Group, titled “Transformerless UPS Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global transformerless UPS market reached a value of US$ 1.5 Billion in 2020. Looking forward, IMARC Group expects the global transformerless UPS market to exhibit strong growth during 2021-2026. Uninterruptible Power Supply (UPS) refers to a system that provides alternate power source in the absence of main power supply. Unlike inverter systems, UPS offers instantaneous power supply and intercept power surges from the primary source. Conventional UPS system designs used a transformer to improve low incoming voltages, but presently there is a significant increase in the demand for transformerless UPS systems. These systems have lesser carbon footprints and help to minimize overhead operating costs.
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Market Trends:
The utilization of transformerless UPS is currently growing at a rapid pace, particularly in sectors that depend on a continuous power supply. As a result, transformerless UPS is widely adopted across the BFSI, telecommunications, power generation, oil and gas, rail, and aviation sectors. Another growth-promoting factor is the rising demand for more compact and sleek systems that reduce the number of components, which consequently prevent faults and improve reliability. Apart from this, several leading manufacturers focus on implementing improved designs by incorporating temperature sensors that allow direct thermal IGBT control, thereby further catalyzing the growth of the transformerless UPS market.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Breakup by Component Type:
Breakup by Power:
Breakup by End Use Industry:
Breakup by Region:
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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The article discusses the growth and trends in the global transformerless UPS market from 2021 to 2026.
Transformerless UPS systems provide instantaneous power supply and have a lower carbon footprint compared to traditional systems.
Key players include ABB Ltd., Eaton Corporation, and Schneider Electric among others.
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