UPS and Inverter Market Size and Forecast 2021 - 2031, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type, UPS Type, Inverter Rating, Application, and Geography
Schneider Electric SE, ABB Ltd, TOSHIBA CORPORATION, Cyber Power Systems(USA) Inc, Eaton Corp Plc, Emerson Electric Co, Delta Electronics Inc, Legrand SA, Kirloskar Electric Company, OMRON Corp, Exide Industries Ltd, Luminous Power Technologies Pvt Ltd Ltd., Kehua Data Co Ltd.´Â º» º¸°í¼¿¡¼ ºÐ¼®µÇ´Â ÁÖ¿ä ±â¾÷ÀÔ´Ï´Ù.
The UPS and Inverter Market size was valued at US$ 86.15 billion in 2024 and is expected to reach US$ 174.05 billion by 2031; it is estimated to record a CAGR of 11.1% from 2025 to 2031.
The UPS and Inverter Market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America. Asia Pacific dominated the market in 2024, followed by North America and Europe, respectively. The South & Central America UPS and inverter market is segmented into Brazil, Argentina, and the Rest of South & Central America. The market growth in this region can be attributed to the expansion of the industrial sector. Brazil is undertaking a significant digital transformation, with a strategic investment of R$ 186.6 billion (US$ 37.4 billion) designed to modernize its industrial sector in September 2024. This ambitious initiative, supported by both public and private funding, focuses on enhancing key production chains in areas such as semiconductors, industrial robotics, and advanced technologies including artificial intelligence and the Internet of Things (IoT). As Brazil's industrial sector embraces digital transformation, the demand for reliable power solutions is expected to rise accordingly. With industries adopting cutting-edge technologies, the need for UPS and inverters will grow to ensure the seamless operation of critical systems.
Further, in December 2022, The World Bank's Board of Directors approved a US$ 200 million loan to aid Argentina in its digital transformation efforts, focusing on expanding connectivity, developing a network of data centers, and providing digital skills training for individuals and businesses. As Argentina advances its digital infrastructure, the demand for reliable and efficient power solutions will increase to support the growing number of data centers and ensure stable operations. Thus, the UPS and inverter market in South & Central America is positioned for substantial growth, driven by the increasing reliance on digital technologies and the need for dependable, efficient energy solutions to power this technological shift.
Schneider Electric SE, ABB Ltd, TOSHIBA CORPORATION, Cyber Power Systems (USA) Inc, Eaton Corp Plc, Emerson Electric Co, Delta Electronics Inc, Legrand SA, Kirloskar Electric Company, OMRON Corp, Exide Industries Ltd, Luminous Power Technologies Pvt Ltd, Microtek, Su-Kam Power Systems Ltd., and Kehua Data Co Ltd are among the key UPS and Inverter Market players that are profiled in this market study.
The overall UPS and Inverter Market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the UPS and Inverter Market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the UPS and Inverter Market.
Table Of Contents
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. UPS and Inverter Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. UPS and Inverter Market - Key Market Dynamics
5.1 UPS and Inverter Market - Key Market Dynamics
5.2 Market Drivers
5.2.1 Increase in Requirement for UPS and Smart Inverters in Smart Buildings
5.2.2 Focus on Energy Efficiency in Data Centers
5.3 Market Restraints
5.3.1 High Initial and Maintenance Costs
5.4 Market Opportunities
5.4.1 Demand for Modular UPS Systems
5.4.2 Innovations in Inverter Technology
5.5 Future Trends
5.5.1 Use of IoT and AI for Better Monitoring and Remote Administration of UPS Systems
5.6 Impact of Drivers and Restraints:
6. UPS and Inverter Market - Global Market Analysis
6.1 UPS and Inverter Market Revenue (US$ Million), 2021-2031
6.2 UPS and Inverter Market Forecast Analysis
7. UPS and Inverter Market Analysis - by Type
7.1 UPS
7.1.1 Overview
7.1.2 UPS: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Inverter
7.2.1 Overview
7.2.2 Inverter: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
8. UPS and Inverter Market Analysis - by Ups Type
8.1 Online
8.1.1 Overview
8.1.2 Online: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Line Interactive
8.2.1 Overview
8.2.2 Line Interactive: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Standby
8.3.1 Overview
8.3.2 Standby: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
9. UPS and Inverter Market Analysis - by Inverter Rating
9.1 Less Than 5kW
9.1.1 Overview
9.1.2 Less then 5kW: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
9.2 5kW to 100 kW
9.2.1 Overview
9.2.2 5kW to 100 kW: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
9.3kW to 500kW
9.3.1 Overview
9.3.2kW to 500kW: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Above 500kW
9.4.1 Overview
9.4.2 Above 500kW: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
10. UPS and Inverter Market Analysis - by Application
10.1 Industrial
10.1.1 Overview
10.1.2 Industrial: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
10.2 Commercial
10.2.1 Overview
10.2.2 Commercial: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
10.3 Residential
10.3.1 Overview
10.3.2 Residential: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11. UPS and Inverter Market - Geographical Analysis
11.1 Overview
11.2 North America
11.2.1 North America UPS and Inverter Market Overview
11.2.2 North America: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.2.3 North America: UPS and Inverter Market Breakdown, by Type
11.2.3.1 North America: UPS and Inverter Market - Revenue and Forecast Analysis - by Type
11.2.4 North America: UPS and Inverter Market Breakdown, by Ups Type
11.2.4.1 North America: UPS and Inverter Market - Revenue and Forecast Analysis - by Ups Type
11.2.5 North America: UPS and Inverter Market Breakdown, by Inverter Rating
11.2.5.1 North America: UPS and Inverter Market - Revenue and Forecast Analysis - by Inverter Rating
11.2.6 North America: UPS and Inverter Market Breakdown, by Application
11.2.6.1 North America: UPS and Inverter Market - Revenue and Forecast Analysis - by Application
11.2.7 North America: UPS and Inverter Market - Revenue and Forecast Analysis - by Country
11.2.7.1 North America: UPS and Inverter Market - Revenue and Forecast Analysis - by Country
11.2.7.2 United States: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.2.7.2.1 United States: UPS and Inverter Market Breakdown, by Type
11.2.7.2.2 United States: UPS and Inverter Market Breakdown, by Ups Type
11.2.7.2.3 United States: UPS and Inverter Market Breakdown, by Inverter Rating
11.2.7.2.4 United States: UPS and Inverter Market Breakdown, by Application
11.2.7.3 Canada: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.2.7.3.1 Canada: UPS and Inverter Market Breakdown, by Type
11.2.7.3.2 Canada: UPS and Inverter Market Breakdown, by Ups Type
11.2.7.3.3 Canada: UPS and Inverter Market Breakdown, by Inverter Rating
11.2.7.3.4 Canada: UPS and Inverter Market Breakdown, by Application
11.2.7.4 Mexico: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.2.7.4.1 Mexico: UPS and Inverter Market Breakdown, by Type
11.2.7.4.2 Mexico: UPS and Inverter Market Breakdown, by Ups Type
11.2.7.4.3 Mexico: UPS and Inverter Market Breakdown, by Inverter Rating
11.2.7.4.4 Mexico: UPS and Inverter Market Breakdown, by Application
11.3 Europe
11.3.1 Europe UPS and Inverter Market Overview
11.3.2 Europe: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.3.3 Europe: UPS and Inverter Market Breakdown, by Type
11.3.3.1 Europe: UPS and Inverter Market - Revenue and Forecast Analysis - by Type
11.3.4 Europe: UPS and Inverter Market Breakdown, by Ups Type
11.3.4.1 Europe: UPS and Inverter Market - Revenue and Forecast Analysis - by Ups Type
11.3.5 Europe: UPS and Inverter Market Breakdown, by Inverter Rating
11.3.5.1 Europe: UPS and Inverter Market - Revenue and Forecast Analysis - by Inverter Rating
11.3.6 Europe: UPS and Inverter Market Breakdown, by Application
11.3.6.1 Europe: UPS and Inverter Market - Revenue and Forecast Analysis - by Application
11.3.7 Europe: UPS and Inverter Market - Revenue and Forecast Analysis - by Country
11.3.7.1 Europe: UPS and Inverter Market - Revenue and Forecast Analysis - by Country
11.3.7.2 United Kingdom: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.3.7.2.1 United Kingdom: UPS and Inverter Market Breakdown, by Type
11.3.7.2.2 United Kingdom: UPS and Inverter Market Breakdown, by Ups Type
11.3.7.2.3 United Kingdom: UPS and Inverter Market Breakdown, by Inverter Rating
11.3.7.2.4 United Kingdom: UPS and Inverter Market Breakdown, by Application
11.3.7.3 Germany: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.3.7.3.1 Germany: UPS and Inverter Market Breakdown, by Type
11.3.7.3.2 Germany: UPS and Inverter Market Breakdown, by Ups Type
11.3.7.3.3 Germany: UPS and Inverter Market Breakdown, by Inverter Rating
11.3.7.3.4 Germany: UPS and Inverter Market Breakdown, by Application
11.3.7.4 France: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.3.7.4.1 France: UPS and Inverter Market Breakdown, by Type
11.3.7.4.2 France: UPS and Inverter Market Breakdown, by Ups Type
11.3.7.4.3 France: UPS and Inverter Market Breakdown, by Inverter Rating
11.3.7.4.4 France: UPS and Inverter Market Breakdown, by Application
11.3.7.5 Italy: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.3.7.5.1 Italy: UPS and Inverter Market Breakdown, by Type
11.3.7.5.2 Italy: UPS and Inverter Market Breakdown, by Ups Type
11.3.7.5.3 Italy: UPS and Inverter Market Breakdown, by Inverter Rating
11.3.7.5.4 Italy: UPS and Inverter Market Breakdown, by Application
11.3.7.6 Spain: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.3.7.6.1 Spain: UPS and Inverter Market Breakdown, by Type
11.3.7.6.2 Spain: UPS and Inverter Market Breakdown, by Ups Type
11.3.7.6.3 Spain: UPS and Inverter Market Breakdown, by Inverter Rating
11.3.7.6.4 Spain: UPS and Inverter Market Breakdown, by Application
11.3.7.7 Rest of Europe: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.3.7.7.1 Rest of Europe: UPS and Inverter Market Breakdown, by Type
11.3.7.7.2 Rest of Europe: UPS and Inverter Market Breakdown, by Ups Type
11.3.7.7.3 Rest of Europe: UPS and Inverter Market Breakdown, by Inverter Rating
11.3.7.7.4 Rest of Europe: UPS and Inverter Market Breakdown, by Application
11.4 Asia Pacific
11.4.1 Asia Pacific UPS and Inverter Market Overview
11.4.2 Asia Pacific: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.4.3 Asia Pacific: UPS and Inverter Market Breakdown, by Type
11.4.3.1 Asia Pacific: UPS and Inverter Market - Revenue and Forecast Analysis - by Type
11.4.4 Asia Pacific: UPS and Inverter Market Breakdown, by Ups Type
11.4.4.1 Asia Pacific: UPS and Inverter Market - Revenue and Forecast Analysis - by Ups Type
11.4.5 Asia Pacific: UPS and Inverter Market Breakdown, by Inverter Rating
11.4.5.1 Asia Pacific: UPS and Inverter Market - Revenue and Forecast Analysis - by Inverter Rating
11.4.6 Asia Pacific: UPS and Inverter Market Breakdown, by Application
11.4.6.1 Asia Pacific: UPS and Inverter Market - Revenue and Forecast Analysis - by Application
11.4.7 Asia Pacific: UPS and Inverter Market - Revenue and Forecast Analysis - by Country
11.4.7.1 Asia Pacific: UPS and Inverter Market - Revenue and Forecast Analysis - by Country
11.4.7.2 India: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.4.7.2.1 India: UPS and Inverter Market Breakdown, by Type
11.4.7.2.2 India: UPS and Inverter Market Breakdown, by Ups Type
11.4.7.2.3 India: UPS and Inverter Market Breakdown, by Inverter Rating
11.4.7.2.4 India: UPS and Inverter Market Breakdown, by Application
11.4.7.3 China: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.4.7.3.1 China: UPS and Inverter Market Breakdown, by Type
11.4.7.3.2 China: UPS and Inverter Market Breakdown, by Ups Type
11.4.7.3.3 China: UPS and Inverter Market Breakdown, by Inverter Rating
11.4.7.3.4 China: UPS and Inverter Market Breakdown, by Application
11.4.7.4 Japan: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.4.7.4.1 Japan: UPS and Inverter Market Breakdown, by Type
11.4.7.4.2 Japan: UPS and Inverter Market Breakdown, by Ups Type
11.4.7.4.3 Japan: UPS and Inverter Market Breakdown, by Inverter Rating
11.4.7.4.4 Japan: UPS and Inverter Market Breakdown, by Application
11.4.7.5 South Korea: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.4.7.5.1 South Korea: UPS and Inverter Market Breakdown, by Type
11.4.7.5.2 South Korea: UPS and Inverter Market Breakdown, by Ups Type
11.4.7.5.3 South Korea: UPS and Inverter Market Breakdown, by Inverter Rating
11.4.7.5.4 South Korea: UPS and Inverter Market Breakdown, by Application
11.4.7.6 Australia: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.4.7.6.1 Australia: UPS and Inverter Market Breakdown, by Type
11.4.7.6.2 Australia: UPS and Inverter Market Breakdown, by Ups Type
11.4.7.6.3 Australia: UPS and Inverter Market Breakdown, by Inverter Rating
11.4.7.6.4 Australia: UPS and Inverter Market Breakdown, by Application
11.4.7.7 Rest of APAC: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.4.7.7.1 Rest of APAC: UPS and Inverter Market Breakdown, by Type
11.4.7.7.2 Rest of APAC: UPS and Inverter Market Breakdown, by Ups Type
11.4.7.7.3 Rest of APAC: UPS and Inverter Market Breakdown, by Inverter Rating
11.4.7.7.4 Rest of APAC: UPS and Inverter Market Breakdown, by Application
11.5 Middle East and Africa
11.5.1 Middle East and Africa UPS and Inverter Market Overview
11.5.2 Middle East and Africa: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.5.3 Middle East and Africa: UPS and Inverter Market Breakdown, by Type
11.5.3.1 Middle East and Africa: UPS and Inverter Market - Revenue and Forecast Analysis - by Type
11.5.4 Middle East and Africa: UPS and Inverter Market Breakdown, by Ups Type
11.5.4.1 Middle East and Africa: UPS and Inverter Market - Revenue and Forecast Analysis - by Ups Type
11.5.5 Middle East and Africa: UPS and Inverter Market Breakdown, by Inverter Rating
11.5.5.1 Middle East and Africa: UPS and Inverter Market - Revenue and Forecast Analysis - by Inverter Rating
11.5.6 Middle East and Africa: UPS and Inverter Market Breakdown, by Application
11.5.6.1 Middle East and Africa: UPS and Inverter Market - Revenue and Forecast Analysis - by Application
11.5.7 Middle East and Africa: UPS and Inverter Market - Revenue and Forecast Analysis - by Country
11.5.7.1 Middle East and Africa: UPS and Inverter Market - Revenue and Forecast Analysis - by Country
11.5.7.2 Saudi Arabia: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.5.7.2.1 Saudi Arabia: UPS and Inverter Market Breakdown, by Type
11.5.7.2.2 Saudi Arabia: UPS and Inverter Market Breakdown, by Ups Type
11.5.7.2.3 Saudi Arabia: UPS and Inverter Market Breakdown, by Inverter Rating
11.5.7.2.4 Saudi Arabia: UPS and Inverter Market Breakdown, by Application
11.5.7.3 United Arab Emirates: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.5.7.3.1 United Arab Emirates: UPS and Inverter Market Breakdown, by Type
11.5.7.3.2 United Arab Emirates: UPS and Inverter Market Breakdown, by Ups Type
11.5.7.3.3 United Arab Emirates: UPS and Inverter Market Breakdown, by Inverter Rating
11.5.7.3.4 United Arab Emirates: UPS and Inverter Market Breakdown, by Application
11.5.7.4 South Africa: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.5.7.4.1 South Africa: UPS and Inverter Market Breakdown, by Type
11.5.7.4.2 South Africa: UPS and Inverter Market Breakdown, by Ups Type
11.5.7.4.3 South Africa: UPS and Inverter Market Breakdown, by Inverter Rating
11.5.7.4.4 South Africa: UPS and Inverter Market Breakdown, by Application
11.5.7.5 Rest of Middle East and Africa: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.5.7.5.1 Rest of Middle East and Africa: UPS and Inverter Market Breakdown, by Type
11.5.7.5.2 Rest of Middle East and Africa: UPS and Inverter Market Breakdown, by Ups Type
11.5.7.5.3 Rest of Middle East and Africa: UPS and Inverter Market Breakdown, by Inverter Rating
11.5.7.5.4 Rest of Middle East and Africa: UPS and Inverter Market Breakdown, by Application
11.6 South and Central America
11.6.1 South and Central America UPS and Inverter Market Overview
11.6.2 South and Central America: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.6.3 South and Central America: UPS and Inverter Market Breakdown, by Type
11.6.3.1 South and Central America: UPS and Inverter Market - Revenue and Forecast Analysis - by Type
11.6.4 South and Central America: UPS and Inverter Market Breakdown, by Ups Type
11.6.4.1 South and Central America: UPS and Inverter Market - Revenue and Forecast Analysis - by Ups Type
11.6.5 South and Central America: UPS and Inverter Market Breakdown, by Inverter Rating
11.6.5.1 South and Central America: UPS and Inverter Market - Revenue and Forecast Analysis - by Inverter Rating
11.6.6 South and Central America: UPS and Inverter Market Breakdown, by Application
11.6.6.1 South and Central America: UPS and Inverter Market - Revenue and Forecast Analysis - by Application
11.6.7 South and Central America: UPS and Inverter Market - Revenue and Forecast Analysis - by Country
11.6.7.1 South and Central America: UPS and Inverter Market - Revenue and Forecast Analysis - by Country
11.6.7.2 Brazil: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.6.7.2.1 Brazil: UPS and Inverter Market Breakdown, by Type
11.6.7.2.2 Brazil: UPS and Inverter Market Breakdown, by Ups Type
11.6.7.2.3 Brazil: UPS and Inverter Market Breakdown, by Inverter Rating
11.6.7.2.4 Brazil: UPS and Inverter Market Breakdown, by Application
11.6.7.3 Argentina: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.6.7.3.1 Argentina: UPS and Inverter Market Breakdown, by Type
11.6.7.3.2 Argentina: UPS and Inverter Market Breakdown, by Ups Type
11.6.7.3.3 Argentina: UPS and Inverter Market Breakdown, by Inverter Rating
11.6.7.3.4 Argentina: UPS and Inverter Market Breakdown, by Application
11.6.7.4 Rest of South and Central America: UPS and Inverter Market - Revenue and Forecast to 2031 (US$ Million)
11.6.7.4.1 Rest of South and Central America: UPS and Inverter Market Breakdown, by Type
11.6.7.4.2 Rest of South and Central America: UPS and Inverter Market Breakdown, by Ups Type
11.6.7.4.3 Rest of South and Central America: UPS and Inverter Market Breakdown, by Inverter Rating
11.6.7.4.4 Rest of South and Central America: UPS and Inverter Market Breakdown, by Application