As a commercial business it is not only important to know what the state of current operations are, but also to be ready and plan for the future. According to a recent study from market research firm Global Market Insights, the uninterruptible power supply (UPS) market is projected to experience exponential growth (set to surpass $14 billion by 2026) due to rising demand for power back-up solutions across numerous industries and the need to counter power outages or disruptions in the main power supply. These potential changes could have relatively significant effects on how modern companies do business largely regardless of their individual industry.
UPS solutions are also observing heavy demands owing to surging cases of power outages across data centers, which could often result in capital loss for business enterprises. This is a fascinating development in regard to the importance of energy-efficient systems in commercial settings which will largely push this market demand.
Today, there are various design approaches being used to implement UPS solutions, each of which boasts its own unique performance characteristic, enabling the industry to meet a variety of demands from end-users. Solutions like interactive UPS, standby UPS, standby on-line hybrid UPS, double-conversion on-line, standby Ferro, and delta conversion on-line UPS represent the variety of product configurations that can meet diverse performance requirements.
For more information, including which industries are set to see the biggest gains in adoption, read the original report.
At Volt Electrical Services, we are a Central Florida based firm specializing in electrical design and installation. We are committed to innovative designs, sustainable solutions, and high-quality services. Our experience presents a company that is highly qualified to complete projects varying in scope, size, and complexity. To ensure the highest level of quality and reliability, we focus our services on core market areas that reflect our strengths and talent. This area of continued focus positions us as a company able to handle any change that may arise due to market demands and shifts.