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Outlook on the UPS Battery Global Market to 2028 - by Product Type, Application and Geography


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The global UPS battery market was valued at US$ 695.6 million in 2020 and is projected to reach US$ 1,475.7 million by 2028; it is expected to grow at a CAGR of 10.6% from 2021 to 2028.
The battery is one of a crucial component of an uninterruptible power supply (UPS). The UPS battery is accountable for long life span and good performance of UPS. Thus, regular maintenance of battery is must. Lithium-ion (Li-ion), Lead-acid, and nickel cadium are the major types of UPS batteries available for community of end users including from the commercial to industrial sectors. With the growing number of large data centers in corporate sector, electrical appliances and gadgets such as computers, critical infrastructure, or industrial processes, the adoption of UPS is booming, which is further stimulating the scope of UPS batteries. In addition, with a rise in mission-critical facilities and industries us ....

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Worldwide UPS Battery Industry to 2028 - Increasing Applications of UPS in Emerging Economies Present Opportunities


Press release content from Business Wire. The AP news staff was not involved in its creation.
Worldwide UPS Battery Industry to 2028 - Increasing Applications of UPS in Emerging Economies Present Opportunities - ResearchAndMarkets.com
May 4, 2021 GMT
DUBLIN (BUSINESS WIRE) May 4, 2021
The global UPS battery market was valued at US$ 695.6 million in 2020 and is projected to reach US$ 1,475.7 million by 2028; it is expected to grow at a CAGR of 10.6% from 2021 to 2028.
The battery is one of a crucial component of an uninterruptible power supply (UPS). The UPS battery is accountable for long life span and good performance of UPS. Thus, regular maintenance of battery is must. Lithium-ion (Li-ion), Lead-acid, and nickel cadium are the major types of UPS batteries available for community of end users including from the commercial to industrial sectors. With the growing number of large data centers in corporate sector, electrical appliances and gadgets such as comput ....

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