Market Forecast By kVA Rating(Below 1.1 kVA, 1.1 – 5 kVA, 5 – 20 kVA, 20.1 – 50 kVA, 50.1 – 200 kVA, Above 200 kVA), By Phases(1-phase UPS System, 3-phase UPS System), By Applications(Industrial, Commercial, Residential) and Competitive Landscape
Product Code: ETC001960 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Bahrain UPS Systems Market |
Forecast period | 2024-2030 |
CAGR | 5.2% |
Growing Sector | Industrial |
The Bahrain UPS Systems Market report thoroughly covers the market by KVA Rating, Applications, and Phases. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Bahrain UPS Systems Market has been experiencing growth over the past years. The various factors such as population growth, urbanisation of the country, growing awareness, government initiatives, and advancements in technology. The market will continue to grow in the coming years.
According to 6Wresearch, the Bahrain UPS Systems Market size is expected to grow at a significant CAGR of 5.2% during 2024-2030. The increasing demand for uninterrupted power supply due to the growing population and rapid urbanisation has led to the demand for UPS systems in Bahrain. The government of Bahrain has been actively promoting renewable energy sources. This has led to solar and wind power station installation, creating the demand for UPS systems. Moreover, the growing awareness among businesses and consumers about the benefits of using energy-efficient devices, including UPS systems has driven the market growth.
The cost of installing UPS systems is expensive, especially for small and medium-sized businesses. This limits its adoption in certain industries. Moreover, there is a shortage of skilled professionals with expertise in UPS systems maintenance and installation. Another challenge is the competition from other backup systems such as generators and fuel cells due to the advancements in technology.
Key players in the Bahrain UPS systems market include Schneider Electric SE, Eaton Corporation PLC, Vertiv Co., ABB Ltd., Riello Elettronica Group S.P.A., Toshiba Corporation, and Delta Power Solutions. These companies offer a range of UPS systems for various applications such as data centres, industrial processes, and commercial buildings.
The government implemented energy efficiency regulations which mandate all new buildings to have a minimum energy efficiency rating. The Bahraini government is actively promoting the use of sustainable energy sources such as solar and wind power. The government of Bahrain has made significant investments in the development of its infrastructure, including power distribution networks. They offers tax incentives and other financial benefits to companies that implement energy-saving measures such as using UPS systems. The government of Bahrain has launched various initiatives to support the growth of small and medium enterprises, such as providing financial assistance for them to invest in energy-efficient solutions like UPS systems.
The Bahrain UPS Systems Market has anticipated growth in the coming years due to the growing demand for uninterrupted power supply, especially in critical industries such as healthcare, IT, and telecommunications. With increasing investments in infrastructure development by the government, there will be an increased demand for UPS systems to support these developments. The rise of smart cities and the integration of renewable energy sources into the power grid will also drive market growth in the coming years. Moreover, technological advancements such as lithium-ion battery technology and microgrid solutions are expected to further boost the market.
According to Ravi Bhandari, Research Head, 6Wresearch, the 5 – 20 KVA segment is growing significantly in the Bahrain UPS Systems market due to increasing demand for uninterrupted power supply in small and medium-sized businesses and rising adoption of these systems in residential settings.
Based on the phases, the 3-Phase UPS System segment is experiencing growth due to its high efficiency and ability to cater to larger loads.
In terms of applications, the industrial segment dominates the Bahrain UPS Systems market. This is due to the high demand for power backup solutions in industries such as oil and gas, manufacturing, and healthcare.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Bahrain UPS Systems Market Overview |
3.1. Bahrain UPS Systems Market Revenues & Volume, 2020-2030F |
3.2. Bahrain UPS Systems Market – Industry Life Cycle |
3.3. Bahrain UPS Systems Market – Porter’s Five Forces |
3.4. Bahrain UPS Systems Market Revenue & Volume Share, By kVA Rating, 2020 & 2030F |
3.5. Bahrain UPS Systems Market Revenue & Volume Share, By Phases, 2020 & 2030F |
3.6. Bahrain UPS Systems Market Revenue & Volume Share, By Applications, 2020 & 2030F |
4. Bahrain UPS Systems Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Bahrain UPS Systems Market Trends |
6. Bahrain UPS Systems Market Overview, By kVA Rating |
6.1. Bahrain UPS Systems Market Revenues & Volume, Below 1.1 kVA rating 2020-2030F |
6.2. Bahrain UPS Systems Market Revenues & Volume, 1.1 kVA - 5 kVA rating 2020-2030F |
6.3. Bahrain UPS Systems Market Revenues & Volume, 5.1 kVA - 20 kVA rating 2020-2030F |
6.4. Bahrain UPS Systems Market Revenues & Volume, 20.1 kVA - 50 kVA rating 2020-2030F |
6.5. Bahrain UPS Systems Market Revenues & Volume, 50.1 kVA - 200 kVA rating 2020-2030F |
6.6. Bahrain UPS Systems Market Revenues & Volume, above 200 kVA rating 2020-2030F |
7. Bahrain UPS Systems Market Overview, By Phases |
7.1. Bahrain UPS Systems Market Revenues & Volume, By 1-phase 2020-2030F |
7.2. Bahrain UPS Systems Market Revenues & Volume, By 3-phase 2020-2030F |
8. Bahrain UPS Systems Market Overview, By Applications |
8.1. Bahrain UPS Systems Market Revenues, By Residential Application 2020-2030F |
8.2. Bahrain UPS Systems Market Revenues, By Commercial Application 2020-2030F |
8.3. Bahrain UPS Systems Market Revenues, By Industrial Application 2020-2030F |
9. Bahrain UPS Systems Market Key Performance Indicators |
10. Bahrain UPS Systems Market Opportunity Assessment |
10.1. Bahrain UPS Systems Market Opportunity Assessment, By Phases |
10.2. Bahrain UPS Systems Market Opportunity Assessment, By Applications |
11. Bahrain UPS Systems Market Competitive Landscape |
11.1. Bahrain UPS Systems Market Revenue Share, By Company 2023 |
11.2. Bahrain UPS Systems Market Competitive Benchmarking, By Technical Parameters |
12. Company Profiles |
13. Disclaimer |