Singapore Uninterruptible Power Supply (UPS) Market Outlook (2021-2027) | Value, Size, Forecast, COVID-19 IMPACT, Companies, Growth, Industry, Share, Analysis, Trends & Revenue

Singapore Uninterruptible Power Supply (UPS) Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Malaysia. It has registered a growth of 32.73% over the previous year. While Malaysia registered a decline of -17.16% as compare to the previous year. In the year 2017 China was the largest exporter followed by Malaysia. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Singapore has the Herfindahl index of 1650 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 1990 which signifies moderately concentrated in the market.

Singapore Uninterruptible Power Supply (UPS) Market - Export Market Opportunities

Topics Covered in Singapore UPS Market Report

The Singapore UPS Market report thoroughly covers the market by kVA rating, phases, and applications. Singapore UPS systems outlook report provides an unbiased and detailed analysis of the ongoing Singapore 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.

Singapore UPS Market Synopsis

Singapore UPS Market has been experiencing significant growth and it will experience more growth during the forecast period on the back of the fact that the nation is the regional hub for data centers, with a number of multinational players investing in the development of their data infrastructure. The market is also rising due to the growing industrialization and digitalization as well as the non-stop demand for power supply, especially in industries like healthcare, telecommunications, and finance.

According to 6Wresearch, Singapore UPS Market size is anticipated to register a CAGR of 5.5% during 2023-2029. The Uninterruptible Power Supply (UPS) market in Singapore is one of the substantial industries and it will remain one of the major industries of the country in the near future. The market has been rising since a number of factors contributed to its growth. One major factor fueling the growth of this market is that Singapore is a regional hub for data centers, with several multinational companies investing in the development of their data infrastructure. Another gigantic factor is the rising digitization and industrialization have led to a rapid increase in demand for non-stop power supply, especially in sectors such as finance, healthcare, and telecommunications. Besides, the prominent growth of the market, the market also faces some challenges that can in future, hamper its progression. Rising competition, emerging alternative power storage solutions like fuel cells, as well as high initial costs are the major factors that can affect the Singapore UPS Market Growth. This has led a number of players in the market to develop innovative UPS products that address these challenges. As a result, it has opened up opportunities for new entrants in order to penetrate the market, thus disrupting market dynamics.

UPS Market in Singapore: Key Players

The Singapore UPS systems sector has a major number of players running in the market, both globally as well as locally. Some of the major international players include Vertiv Co, Schneider Electric, and Eaton. Homegrown companies like Sunpower Electronics Holdings and Keppel DHCS are also making substantial impacts in the market with their advanced solutions. These key players are investing in building technological capabilities, improving brand awareness, and offering differentiated solutions in order to stand out.

Singapore UPS Industry: Government Regulations

The Singapore government has implemented a number of regulations in order to maintain market standards and create a safe environment for UPS systems usage. The Energy Conservation Act (ECA), for example, inspires energy-efficient practices and equipment purchases, creating a market environment for eco-friendly UPS systems. The Infocomm Media Development Authority (IMDA) also needs Singapore data centres to comply with established standards for power distribution as well as backup systems in order to ensure continuity of services.

Market Segmentation by kVA Rating

The 1.1 – 5 kVA rating devices on the basis of kVA ratings are projected to gain the major revenues in the Singapore UPS system industry attributed to the high deployment of PCs in the corporate, residential, E-commerce, healthcare and government sectors.

Market Segmentation by Application

According to Ravi Bhandari, Research Head, 6Wresearch, the commercial segment has contributed to significant market demand for UPS in the country, where applications such as education, commercial offices, BFSI, and healthcare are the key revenue-generating segments.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years of Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Singapore Uninterruptible Power Supply (UPS) Market Overview
• Singapore Uninterruptible Power Supply (UPS) Market Outlook
• Singapore Uninterruptible Power Supply (UPS) Market Forecast
• Historical Data of Singapore Uninterruptible Power Supply (UPS) Market Revenues & Volume for the Period 2019-2022
• Singapore Uninterruptible Power Supply (UPS) Market Size and Singapore Uninterruptible Power Supply (UPS) Market Forecast of Revenues & Volume, Until 2029
• Historical Data of Singapore Uninterruptible Power Supply (UPS) Market Revenues & Volume, By Rating, for the Period 2019-2022
• Market Size & Forecast of Singapore Uninterruptible Power Supply (UPS) Market Revenues & Volume, By Rating, Until 2029
• Historical Data of Singapore Uninterruptible Power Supply (UPS) Market Revenues & Volume, By Phases, for the Period 2019-2022
• Market Size & Forecast of Singapore Uninterruptible Power Supply (UPS) Market Revenues & Volume, By Phases, Until 2029
• Historical Data of Singapore Uninterruptible Power Supply (UPS) Market Revenues & Volume, By Applications, for the Period 2019-2022
• Market Size & Forecast of Singapore Uninterruptible Power Supply (UPS) Market Revenues & Volume, By Applications, Until 2029
• Market Drivers and Restraints
• Singapore Uninterruptible Power Supply (UPS) Market Price Trends
• Singapore Uninterruptible Power Supply (UPS) Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Singapore Uninterruptible Power Supply (UPS) Market Share, By Players
• Singapore Uninterruptible Power Supply (UPS) Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By KVA Rating

• Up To 1.1 KVA
• 1.1 KVA - 5 KVA
• 5.1 KVA - 20 KVA
• 20.1 KVA - 50 KVA
• 50.1 KVA - 200 KVA
• And Above 200 KVA

By Phases

• 1-Phase
• 3-Phase

By Applications

• Commercial
• Industrial
• Residential