3 phase UPS systems acquired the largest market revenue share in the Australia Market – 6Wresearch
The Australia UPS systems market registered growth due to its widespread acceptance in BFSI sectors, data centers, and industries. It is expected to grow the majorly in the coming years, as Australia's financial services market has increasing extensively.
According to 6Wresearch, Australia UPS Systems Market size is projected to grow at a CAGR of 5.3% during 2022-2028. The growth of information technology sector and construction of data centers have increased the demand for continuous power supply. The increased demand for UPS systems is mostly due to the rise of the IT sector, BFSI, and data centers. Projects like Macquarie Telecom's data center, DCI's data center, among others, are expected to boost the use of UPS systems in the country.
By applications, commercial segment accounted for highest share in 2021 owing to high usage in data centers and the IT industry. Additionally, government attempts to enhance the healthcare sector in the wake of the pandemic, the use of UPS systems in the business sector has increased.
According to Ananya Consul, Research Analyst, 6Wresearch, “Australia UPS Systems market is expected to witness significant growth in the coming years on account of the country’s increasing focus on digitalization, growth in data centers and telehealth services.
Furthermore, ongoing construction of office spaces along with increasing number of retails would boost the demand for UPS systems market in the forecast period”
According to Mehak Raghuvanshi, Research Associate, 6Wresearch, “Australia UPS systems witness a significant growth in the coming years on account of increased government focus on digital infrastructure and aim to diversify its economy.
Additionally, rising focus on hospitality sector to attract the tourism and rapidly developing data centers is also expected to increase demand of UPS systems in the market.”
Some of the major companies in Australia UPS systems market include ABB Group, Cyberpower Systems Inc., Delta Electronics (NZ) Ltd., Eaton Corporation plc, Helios Power Solutions Group, Riello UPS Ltd, Schneider Electric (NZ) Ltd., Socomec Group, Legrand Group, Vertiv Holdings LLC.
“Australia UPS systems market (2022-2028)” report provides an in-depth analysis with 23 figures and 7 tables, covered in 80 pages. The report comprehensively covers the market by product type, by applications, by phases and by regions. Australia UPS systems market report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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