UAE UPS System Market revenues are projected to grow at a CAGR of 4.7% from 2023-2029

Commercial application attained the largest revenue share in the UAE Uninterruptible Power Supply (UPS) System Market – 6Wresearch

Based on applications, commercial applications acquired the highest revenue share in UAE owing to the larger deployment of UPS system in domains such as hospitality, healthcare, commercial offices, etc. Furthermore, the upcoming 199 hotel projects with around 58,214 rooms in UAE along with United Arab Emirates government programmes such as Operation 300bn which aims to invest USD 300 billion to raise the industrial sector would augment the demand for UPS system in the forecast period. 

According to 6wresearch, the UAE UPS System Market revenues are projected to grow at a CAGR of 4.7% from 2023-2029. The UAE government have initiated various programs, such as the Dubai Data Strategy, Dubai 10X, Smart Dubai 2021, Dubai Blockchain Strategy, and Dubai Pulse Platform, all aimed at positioning UAE as a global leader in technology and innovation. Moreover, Dubai has solidified its status as the leading hub in 2023, hosting 1,680 companies in the ICT sector. The contribution of the digital economy to the economic sectors of UAE’s GDP is 9.7% in 2022. Furthermore, the UAE council for digital economy aims to double the contribution of the digital economy to the UAE’s GDP in the year 2031 where the ICT sector along with 5G technology would play a significant role. With increased dependency on electronic devices, a UPS system would be necessary for backup power. The burgeoning data centre industry in the UAE, fueled by private sector investments like Khazna Data Centres, is driving a significant surge in demand for high-capacity uninterruptible power supplies (UPS) systems, especially those with 100 KVA and above, ensuring uninterrupted operations for large-scale data centers in the expanding market.

According to Dhaval, Research Manager, 6Wresearch, on account of government initiatives to develop digital infrastructure such as the National Broadband Plan (2021-2027) that aims to increase the coverage of 5G technology by 90% coupled with the construction of various hyper-scale data centres, is expected to increase the volume of data and thus expected to contribute to the growth of 3 Phase ups systems.

The UAE Uninterruptible Power Supply (UPS) System Market (2023-2029) report provides an in-depth analysis with 31 figures and 15 tables, covered 104 pages. The report comprehensively covers the market by kVA ratings, phase, battery, applications, sales channels, and regions. 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.