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: ETC001961 | Publication Date: Dec 2023 | Updated Date: Dec 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Lebanon UPS systems market report thoroughly covers the market by KVA ratings, applications, and regions. The Lebanon UPS market outlook report provides an unbiased and detailed analysis of the on-going Lebanon UPS market trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
The Lebanon UPS system market is expected to witness a proliferation in the coming years as a result of an increase in the rising concerns regarding continuous power flow to enhance the efficiency of work and increase productivity. The market has been accomplishing significant growth since the time of its formation and it will continue to attain more growth.
According to 6Wresearch, the Lebanon UPS systems market size is projected to grow at a CAGR of 3.0% during 2018-24. Growing investments in Information & Communication Technology (ICT) sector and the Government's Plan "Lebanon Industry 2025" would drive Lebanon UPS market forecast period revenues. The Lebanese ICT industry is the hub of IT software and services in the Middle East region and is expected to grow at a CAGR of 9.7% during 2016-19.
The demand for UPS systems would grow in the IT industry of Lebanon as continuous power is necessary for such facilities to prevent data loss and maintain business continuity. The market is expected to witness a proliferation as a result of an increase in the rising concerns regarding continuous power flow to enhance the efficiency of work and increase productivity. An increase in the commercial segment is backed by increased growth of the technology, information and communications, and software industries in the country. These factors have been propelling the Lebanon UPS systems market growth.
The Lebanon UPS systems market faces several challenges, primarily the unstable electricity supply in the country. Frequent power outages and voltage fluctuations make it challenging for organizations to keep their operations running without interruptions. Another challenge is the lack of awareness about the benefits of UPS systems, especially among small and medium-sized businesses (SMBs).
The Lebanon UPS systems market is still in its nascent stages, but many local and international players have established a presence in the country. The major players in the market include ABB, Schneider Electric, and Eaton, among others. These companies offer UPS systems with various power capacities and features suitable for various applications.
The Lebanese government has imposed several regulations and initiatives to promote the adoption of UPS systems in the country. For instance, the Ministry of Finance provides grants to businesses that invest in energy-saving initiatives, including UPS systems. Moreover, the ministry also offers low-interest loans for businesses to purchase UPS systems and other energy-efficient equipment. Additionally, the Lebanese Center for Energy Conservation (LCEC) has launched a program to provide technical assistance to businesses that want to implement energy-efficient solutions. The program aims to increase awareness among businesses about the benefits of UPS systems in reducing energy consumption and costs.
According to Shivankar, Research Manager, 6Wresearch, the commercial sector led the overall Lebanon UPS market share followed by the industrial sector. Upcoming projects such as Le Mall, The Address, and Awkar US Embassy Compound would generate more demand for UPS in retail, offices, healthcare, and other commercial segments.
Saudi Arabia UPS market 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. Lebanon UPS Systems Market Overview |
3.1. Lebanon UPS Systems Market Revenues & Volume, (2019-2029F) |
3.2. Lebanon UPS Systems Market – Industry Life Cycle |
3.3. Lebanon UPS Systems Market – Porter’s Five Forces |
3.4. Lebanon UPS Systems Market Revenue & Volume Share, By kVA Rating, 2022 & 2029F |
3.5. Lebanon UPS Systems Market Revenue & Volume Share, By Phases, 2022 & 2029F |
3.6. Lebanon UPS Systems Market Revenue & Volume Share, By Applications, 2022 & 2029F |
4. Lebanon UPS Systems Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Lebanon UPS Systems Market Trends |
6. Lebanon UPS Systems Market Overview, By kVA Rating |
6.1. Lebanon UPS Systems Market Revenues & Volume, Below 1.1 kVA rating (2019-2029F) |
6.2. Lebanon UPS Systems Market Revenues & Volume, 1.1 kVA - 5 kVA rating (2019-2029F) |
6.3. Lebanon UPS Systems Market Revenues & Volume, 5.1 kVA - 20 kVA rating (2019-2029F) |
6.4. Lebanon UPS Systems Market Revenues & Volume, 20.1 kVA - 50 kVA rating (2019-2029F) |
6.5. Lebanon UPS Systems Market Revenues & Volume, 50.1 kVA - 200 kVA rating (2019-2029F) |
6.6. Lebanon UPS Systems Market Revenues & Volume, above 200 kVA rating (2019-2029F) |
7. Lebanon UPS Systems Market Overview, By Phases |
7.1. Lebanon UPS Systems Market Revenues & Volume, By 1-phase (2019-2029F) |
7.2. Lebanon UPS Systems Market Revenues & Volume, By 3-phase (2019-2029F) |
8. Lebanon UPS Systems Market Overview, By Applications |
8.1. Lebanon UPS Systems Market Revenues, By Residential Application (2019-2029F) |
8.2. Lebanon UPS Systems Market Revenues, By Commercial Application (2019-2029F) |
8.3. Lebanon UPS Systems Market Revenues, By Industrial Application (2019-2029F) |
9. Lebanon UPS Systems Market Key Performance Indicators |
10. Lebanon UPS Systems Market Opportunity Assessment |
10.1. Lebanon UPS Systems Market Opportunity Assessment, By Phases |
10.2. Lebanon UPS Systems Market Opportunity Assessment, By Applications |
11. Lebanon UPS Systems Market Competitive Landscape |
11.1. Lebanon UPS Systems Market Revenue Share, By Company (2022) |
11.2. Lebanon UPS Systems Market Competitive Benchmarking, By Technical Parameters |
12. Company Profiles |
12.1. Business Description |
12.2. Geographical Presence |
12.3. Ownership (Top 5 Shareholders) |
12.4. Key Financials (If Available) |
12.5. Historical Timeline (If Available) |
12.6. Key Clients |
12.7. Product Segmentation |
12.8. Key Distributors/Dealers |
12.9. Key Executives |
12.10. Number of Employees |
13. Recommendations |
14. Disclaimer |
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: ETC001961 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Lebanon UPS systems market is anticipated to register growth in the coming years backed by an increase in the number of small and medium-sized enterprises backed by IT investments in the country which are anticipated to contribute towards the demand for UPS systems in the coming years. Further, with increasing penetration of ATMs, a rising number of modern retail outlets and overall development of the IT sector in the country, a considerable increase in demand for UPS systems is expected to be witnessed over the forecast period. However, owing to the effect of the COVID-19 virus, business activities are expected to be hampered in Lebanon, thus restraining the growth of the Lebanon UPS systems market during the year 2020.
According to 6Wresearch, Lebanon UPS System Market is anticipated to witness growth during the forecast period 2020-26F. The demand for UPS systems in Lebanon is anticipated to grow specifically in the IT industry owing to continuous power being necessary for such facilities to prevent data loss and maintain smooth business continuity. Further, the National Economic Vision plan in the country is focusing on enhancing the quality of the power generation and electricity sector, industrial growth in the country and growth and development of the hospitality & healthcare sector, further supporting the growth of Lebanon UPS systems market.
On the basis of kVA rating, 1.1 – 5 kVA rating UPS systems are anticipated to register highest growth rate in the coming years owing to the rising use of UPS systems in residential applications coupled with rising needs for UPS systems as an essential power backup device in commercial sub-sectors constituting corporate units, government bodies, healthcare centers, hotels, and collocation centers. Moreover, Growing investments in Information & Communication Technology (ICT) sector and Government's Plan "Lebanon Industry 2025" are expected to drive potential growth of the commercial sector, further anticipated to drive the Lebanon UPS systems market growth in the near future.
The Lebanon UPS systems report thoroughly covers the market by kVA rating, phases, and applications. Lebanon UPS systems outlook report provides an unbiased and detailed analysis of the on-going Lebanon UPS systems 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.
Key Highlights of the Report
Markets Covered
The report provides a detailed analysis of the following market segments: