Transformerless UPS Market Trend, Opportunity, and Forecast Analysis, 2024-2032
Transformerless UPS Market
Transformerless UPS Market is segmented by Component, Power, End Use, and by Region. KDMI analyst foresees market revenue to cross USD 6.2 Billion by 2032 by growing with a CAGR of 12.1% during 2024-2032.
Transformerless UPS Market Highlights
The global transformerless UPS market is expected to cross a value of USD 6.2 billion by the end of 2032. The market was valued at USD 2.6 billion in 2023 and is expected to expand at a CAGR of 12.1% between 2024-2032.
- Over the mid-term, the growing focus on lowering total cost of ownership (TCO) worldwide is the primary factor anticipated to drive the global transformerless UPS market.
- The high setup costs is a major factor to challenge the market growth.
- The North America transformerless UPS market is projected to dominate the global market.
Transformerless UPS Market: Report Scope |
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Base Year |
2023 |
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Base Year Market Size |
USD 2.6 Billion |
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Forecast Year |
2024-2032 |
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Forecast Year Market Size |
USD 6.2 Billion |
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CAGR Value |
12.1% |
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Transformerless UPS Market Key Trends/Major Growth Drivers |
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Restraint Factors |
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Transformerless UPS Market Segmentation |
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Transformerless UPS Market Key Players |
ABB Ltd., Borri S.p.A, Eaton Corporation Plc, Emerson Electric Co., General Electric Company, Mitsubishi Electric Corporation, RPS S.p.A (Riello Elettronica S.p.A.), Schneider Electric, Shenzhen Kstar Science & Technology Co. Ltd., Toshiba Corporation, and others. |
Transformerless UPS Market Outlook
A power protection device that is also used to provide backup power to the electrical equipment during a power outage or fluctuation is known as transformess Uninterruptible Power Supply (UPS). These UPS systems use advanced electronic circuits for regulating and conditioning the incoming electrical power.
According to our experts at KD Market Insights, one of the primary growth factors associated with the growth of the global transformerless UPS market is the growing focus on lowering total cost of ownership (TCO) worldwide. Businesses worldwide are increasingly looking out for solutions that can help them lower their operational costs. The businesses and data centers are looking forward on reducing their energy consumption by adopting energy-efficient UPS solutions, such as transformerless UPS systems, which are known for their high energy efficiency as compared to traditional transformer-based UPS systems. Hence, owing to the lower energy losses and higher efficiency ratings of transformerless UPS systems, the demand for these UPS’s are going to increase, which is projected to contribute to the market growth. ABB Ltd., Borri S.p.A, Eaton Corporation Plc, Emerson Electric Co., are some of the significant parties in the global market for transformerless UPS.
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Transformerless UPS Market Drivers – Analyst’s Observation
According to the analysts at KD Market Insights, some key growth drivers for the global transformerless UPS market are:
- Surge in Adoption of Data Centers: The adoption of data centers around the globe is increasing at a rapid pace. According to our experts, the revenue that is expected to be generated from data centers by 2032 is close to USD 438.6 billion, growing with a CAGR of about 10% during the forecast period. The rapid growth of cloud computing, big data, and digital services has led to an increased reliance on data centers and IT infrastructure. As these data centers require reliable power protection solutions, hence, the adoption of transformerless UPS systems among these data centers have increased rapidly, which is projected to boost the market growth during the forecast period.
- Expanding Telecommunications and IT Industry: One other major factor expected to drive the growth of the global transformerless UPS market is the expanding telecommunications networks, IT infrastructure, and digital services worldwide. These sectors demand for reliable power protection solutions and transformless UPS systems are well-suited for such applications. Hence, with the increasing expansion of the telecommunication and IT industry, the demand for these systems are expected to increase, which in turn, is projected to boost the market growth during the forecast period.
Which Probable Factors Could Hamper the Growing Transformerless UPS Market Trend?
As per our KD Market Insights analysis, some of the challenges expected to limit the global market growth of transformerless UPS are:
- High Setup Costs: The overall setup costs of transformless UPS systems are usually very high as compared to traditional-based UPS systems. This is majorly due to the presence of an advanced technology, components, and features that raises the upfront price of the product, and in turn, raising the overall installation costs.
- Concern for Lower Power Capacity: Owing to the lower power capacity of transformerless UPS systems, these systems may not always meet the power requirements of larger data centers, industrial facilities or critical infrastructure.
How is the Global Transformerless UPS Market Segmented?
Our experts at KD Market Insights have segmented the global Transformerless UPS market as:
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By Component |
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By Power |
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By End Use Industry |
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By Region |
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What are the Probable Factors Influencing the North America Transformerless UPS Market Forecast?
The North America transformerless UPS market is majorly driven by the proliferation of edge computing techniques that is raising the need for localized data processing and storage facilities. On the other hand, the rising trend of cloud computing, big data analytics, and digital transformation is raising the demand for data storage and processing systems that require uninterrupted power supply. Hence, with the growing proliferation of data centers in the region, which is expected to grow with a CAGR of over 6% during the forecast period, the adoption of these UPS systems would increase, thereby contributing to the market growth in the region.
As per our analysts at KD Market Insights, the following five players lead the North America transformerless UPS market growth:
- Schneider Electric
- Eaton Corporation
- Vertiv
- APC by Schneider Electric
- CyberPower Systems
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Key Countries to Watch for in North America Transformerless UPS Market |
Key Insights |
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United States Transformerless UPS Market to Register the Largest Regional Market Share |
USD 1.8 Billion |
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Canada Transformerless UPS Market to Grow with the Highest CAGR During 2024-2032 |
12.1% |
Which Key Players Top the Global Transformerless UPS Market Share?
As per our analysts at KD Market Insights, the competitive landscape of global transformerless UPS market facilitates our readers in identifying their closest competitors. The manufacturers who are associated with transformerless UPS market are raising their focus on expanding their presence, as well as their market share. The market has also been witnessing an upward movement in the number of collaborations between research institutions and key players, aimed at introducing advanced technologies and innovation of new products. Here is a list of the key players who top the global transformerless UPS market share:
- ABB Ltd.
- Borri S.p.A
- Eaton Corporation Plc
- Emerson Electric Co.
- General Electric Company
- Mitsubishi Electric Corporation
- RPS S.p.A (Riello Elettronica S.p.A.)
- Schneider Electric
- Shenzhen Kstar Science & Technology Co. Ltd.
- Toshiba Corporation
What are the Recent Developments Observed in the Transformerless UPS Market?
Over the years, the experts at KD Market Insights have been observing the recent developments associated with global transformerless UPS market trends. Our expert’s market forecast analysis has recorded the market players adopting plentiful of key strategies including new product launches, mergers & acquisitions, and collaborations.
For instance, KOHLER Uninterruptible Power (KUP) shared that it would introduce innovative UPS technologies, such as three-phase, modular, and transformerless systems for the market in the United Kingdom.
Further, Riello shared that it has introduced its transformerless UPS known as Sentryum UPS. This new UPS system has been designed to maximize availability, efficiency and performance in mission-critical applications as well as small data centers.
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- Publication date: 23rd April 2024
- Base year: 2022
- Forecast year: 2023-2033
- Format: PDF, PPT,Word,Excel
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