6wresearch logo

MEA UPS market 'set to grow at 4pc through 2024'

September 22, 2018

Growing investment in commercial sector with ambitious government visions will drive the Middle East and Africa (MEA) uninterruptible power supply (UPS) market revenues to grow at a CAGR of 4.1 per cent during 2018-24, a report said.

The demand for uninterruptible power supply systems is expected to rise in critical service infrastructures such as hospitals and medical care facilities, where regular power supply is necessary for the continuous operation of equipment, added the report titled "Middle East and Africa UPS Market (2018-2024)" from 6Wresearch, a global market research and consulting firm.

Growing power demand, industrialization and stable economic growth are the key factors that would aid the growth of UPS systems market in the Middle East and Africa regions in the coming years.

Ravi Bhandari, assistant manager, 6Wresearch, said: "Middle East region captures majority of the market share in the MEA UPS systems market. The market in Middle East region is projected to witness a stable growth during 2018-24 on account of increasing infrastructure development in the region owing to upcoming mega events such as Qatar Fifa World Cup 2022 and UAE World Expo 2020. Furthermore, upcoming projects in ICT sector in the countries such as Turkey, Saudi Arabia, Iran and UAE would also boost the demand for UPS systems in the region."

"In the Middle East region countries such as Turkey and Saudi Arabia captured the highest market share in 2017 and would also witness growth during the forecast period on account of upcoming projects in the commercial and industrial sectors such as Istanbul New Airport, the 3-Level Grand Istanbul Tunnel project and the development of Saudi Arabia's social infrastructure under Vision 2030," Ravi further added.

Vikrant Tomar, research associate, Research and Consulting, 6Wresearch, said: "The commercial segment holds the largest market revenue share in most of the countries in Middle East and Africa on account of the widespread usage of UPS systems in offices, hospitals, data centers and hospitality segments."

"Over the next six years, As the MEA region would continue to strengthen in the hospitality sector, the demand for UPS systems is projected to grow subsequently over the coming years. Both Middle East and Africa has launched an initiative "Tourism Vision 2020" in their respective regions, that would further surge the demand for UPS systems in the regions," Vikrant concluded.

Some of the prominent companies in the MEA UPS market include Schneider Electric SE, Vertiv Co., Eaton Corporation Plc and ABB Ltd, the report noted. - TradeArabia News Service

Media Courtesy : Trade Arabia

      Browse More Report

Thailand Diesel Genset Market (2018-2024)

Market Forecast By kVA Rating (5kVA - 75kVA, 75.1kVA - 375kVA, 375.1kVA - 750kVA, 750.1kVA - 1000kVA and Above 1000kVA), By Applications (Residential, Hospitality, Commercial, Healthcare, Retail, Manufacturing, Oil & Gas and Power Utilities, Infrastructure...

Read More

India Video Surveillance Analytics Software Market (2018-2024)

Market Forecast By Macro Applications (Traffic Surveillance, Building Surveillance, City Surveillance and Business Intelligence), By Micro Applications (Perimeter Intrusion Detection, Pattern Recognition, Counting & Crowd Management, Automatic License Plate Recognition...

Read More

India Gas Genset Market (2018-2024)

Market Forecast By Rating (Up to 100 kVA, 100.1 kVA - 375 kVA, 375.1 kVA - 1,000 kVA and Above 1,000 kVA), By Verticals (Industrial, Commercial and Residential), By Applications (Standby Power, Primary Power and Peak Shaving), By Regions...

Read More

India Air Conditioner Market (2018-2024)

Market Forecast By Types (Window AC, Split AC, Floor Standing, Cassette AC, Packaged, Ducted / Ceiling Concealed, Centralized (Chiller, VRF/VRV and AHU/FCU)), By Applications (Residential, Commercial Buildings & Retail, Government & Transportation, Hospitality and Others...

Read More

Saudi Arabia Industrial Valves Market (2018-2024)

Market Forecast By Types (Gate, Globe, Check, Ball and Others), By Functionality (On/Off and Control), By Applications (Oil & gas, Water & Wastewater, Chemical & Petrochemical, Power & Utility, Construction and Others), By Regions (Eastern, Western, Central and Southern)...

Read More

Cambodia Diesel Genset Market (2018-2024)

Market Forecast By KVA Rating (5 - 30 kVA, 30.1 - 75 KVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA and Above 1000 kVA), By Applications (Residential, Hospitality, Commercial including Offices and BFSI & Datacenter, Healthcare, Retail, Manufacturing, Oil & Gas and...

Read More

Saudi Arabia Software as a Service (SaaS) Market (2018-2024)

Market Forecast By Deployment (Private Cloud, Public Cloud and Hybrid Cloud), By End Users (Commercial Enterprises, BFSI (Banking, Financial Services and Insurance), Hospitality and Healthcare, Industrial and Manufacturing, Government and Transportation...

Read More

Malaysia Diesel Genset Market (2014-2024)

Market Forecast By KVA Rating (5 - 30 kVA, 30.1 - 75 KVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA and Above 1000 kVA), By Applications (Residential, Hospitality, Commercial (Offices, BFSI & Datacenters), Healthcare, Retail, Manufacturing, Oil & Gas and Power Utilities...

Read More

Myanmar Diesel Genset Market (2018-2024)

Market Forecast By kVA Rating (5kVA - 30kVA, 30.1kVA- 75kVA, 75.1kVA - 375kVA, 375.1kVA - 750kVA, 750.1kVA - 1000kVA and Above 1000kVA), By Applications (Residential, Hospitality, Commercial, Healthcare, Retail, Manufacturing, Oil & Gas and Power Utilities...

Read More

Philippines Diesel Genset Market (2018-2024)

Market Forecast By kVA Rating (5kVA - 30kVA, 30.1kVA - 75kVA, 75.1kVA - 375kVA, 375.1kVA - 750kVA, 750.1kVA - 1000kVA and Above 1000kVA), By Applications (Residential, Hospitality, Commercial, Healthcare, Retail, Manufacturing, Oil & Gas Power Utilities...

Read More

India Video Surveillance Market (2018-2024)

Market Forecast By Components (Surveillance Cameras (Analog Camera and IP/Network Camera), Surveillance Recorder (DVR and NVR), Surveillance Encoder and Video Management Software)), By Specification (Outdoor/ Indoor, Form Factor and Megapixel), By Applications...

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events