Philippines UPS System market size is projected to grow at a CAGR of 6.3% during 2023-2029

50.1-200 kVA segment based on kVA rating registered the highest revenue share in Philippines UPS System Market – 6Wresearch

50.1-200 kVA segment garnered the majority market revenue share in 2022 on account of the rising number of data centers across different regions of the Philippines. Currently, the country hosts 22 operational data centres, with two new ones established in 2023 and an additional 14 in the construction phase. The 50.1-200 kVA UPS segment is characterized by its robust power capacity, making it a preferred choice for these data centres.

According to 6Wresearch, the Philippines UPS System market size is projected to grow at a CAGR of 6.3% during 2023-2029. The government created the Philippine Data Center Alliance (PDCA) in 2019, a public-private partnership, to promote the development of data centres in the Philippines. Moreover, major operators such as EdgeConneX, Diode Venture, Arch Capital, Nautilus Data Technologies, and DFNN, Inc among others are continuously expanding their data centres in the Philippines. For instance, EdgeConneX's collaboration with Aboitiz is set to initiate operations by constructing a minimum of two Metro Manila facilities, each with a capacity of at least 20 megawatts which is expected to be completed by 2025.

Furthermore, ST Telemedia Global Data Centers (STT GDC) Philippines, a venture involving Ayala Corp., Globe, and ST Telemedia Global Data Centers, is investing $1 billion to establish the largest data centre in the Philippines. This facility, situated in Quezon City, is set to commence operations in 2025, boasting an initial capacity of 28 megawatts, expandable to 124 MW in its full operational phase. These factors are contributing to the market growth.

According to Shubham Deep, Senior Research Analyst, 6Wresearch, the commercial segment acquired the highest revenue share in the Philippines UPS system market as several data centre operators started their operations in the Philippines such as EdgeConneX, Diode Venture and others which increased demand for uninterrupted power supply in the country. Moreover, commercial office projects such as DDT Sky Tower, Masters Tower Cebu, and Alpha Plus Office Development would majorly propel the demand for UPS systems in commercial spaces in the coming years.

The Philippines UPS System Market (2023-2029) report provides an in-depth analysis with 16 figures and 8 tables, covered 72 pages. The report comprehensively covers the market by kVA rating, phases, and applications. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.