Description
Nordic UPS Market Research Report Forecast to 2027
Market Overview
The demand for UPS is growing significantly in the Nordic market owing to the need for high-quality, efficient UPS for continuous power supply.
The Nordic UPS market is projected to register a 5.03% CAGR during the forecast period, 2021–2027. UPS is a battery-based device that allows electronic equipment to keep running for a short duration when the primary power source is unavailable, thereby preventing any kind of damage to electronic items. In comparison, EMP is referred to as a standby power system used when there is the unavailability of a regular power source. These systems are installed in critical areas where continuous power is required. Furthermore, UPS and EMP systems are known as backup power solutions and include diesel generators and control systems.
The Nordic UPS market is expected to grow at a steady rate during the forecast period. The growth can be primarily attributed to the need for high-quality, efficient UPS for continuous power supply. Modular technology-based UPS for data centers is expected to create opportunities for market players during the forecast period. However, lack of standards and higher technological complexities are expected to form a restraint in the growth of the market during the forecast period.
Market Segmentation
The Nordic UPS market has been segmented based on Product type, Output, power rating application, and country. Based on Product type, the Nordic UPS market has been segmented into off-line/standby, line interactive, and online/double conversion UPS. The Off-line/standby segment is expected to grow at the fastest rate during the forecast period. In 2020, Off-Line/Standby segment held a share of 46.0% of the Nordic UPS market.
Based on Output, the Nordic UPS market has been segmented into AC to AC, AC to DC, and DC to DC. AC to DC is expected to grow at the fastest rate during the forecast period. In 2020, AC to DC segment held a 38.9% share of the Nordic UPS market.
Based on Power rating, the Nordic UPS market has been segmented into Up to 500 VA (0.5 kVA), 500.1 VA–1 kVA, 2–20 kVA, 21–50 kVA, 51–200 kVA, 201–500 kVA. 51–200 kVA is expected to grow at the fastest rate during the forecast period. In 2020, 51–200 kVA segment held a 35.3% share of the Nordic UPS market.
Based on application, the Nordic UPS market has been segmented into telecommunication, data centers, Medical, industrial, marines, and others. The data center segment is expected to grow at the fastest rate during the forecast period. In 2020, the data center segment held a share of 21.3% of the Nordic UPS market.
Regional Analysis
Based on region, the Nordic UPS market is segmented into Denmark, Finland, Iceland, Norway, and Sweden. In 2020, the Nordic UPS market was dominated by Sweden with a 40.1% share, followed by Denmark and Norway with shares of 20.6% and 18.4%, respectively.
Major Players
Siemens, ABB, Schneider Electric, Eaton Corporation, Emerson, and Delta Power Solutions are among the top players in the Nordic UPS market.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 NORDIC UPS MARKET, BY PRODUCT TYPE
1.1.2 NORDIC UPS MARKET, BY APPLICATION
1.1.3 NORDIC UPS MARKET, BY PRODUCT OUTPUT
1.1.4 NORDIC UPS MARKET, BY POWER RATING
1.1.5 NORDIC UPS MARKET, BY COUNTRY
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION
5.2 DRIVERS
5.2.1 NEED FOR HIGH-QUALITY, EFFICIENCT UPS FOR CONTINUOUS POWER SUPPLY
5.3 RESTRAINTS
5.3.1 HIGH TECHNOLOGICAL COMPLEXITIES AND A LACK OF STANDARDS
5.4 OPPORTUNITIES
5.4.1 MODULAR TECHNOLOGY-BASED UPS FOR DATACENTERS
5.5 COVID-19 IMPACT ANALYSIS
5.5.1 IMPACT ON THE OVERALL POWER INDUSTRY
5.5.1.1 ECONOMIC IMPACT
5.5.2 IMPACT ON NORDIC UPS MARKET
5.5.3 IMPACT ON SUPPLY CHAIN OF NORDIC UPS MARKET
5.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS
5.5.3.2 PRODUCTION SHUTDOWN
5.5.3.3 CASH FLOW CONSTRAINTS
5.5.3.4 IMPACT ON IMPORT/EXPORT
5.6 IMPACT ON MARKET DEMAND OF NORDIC UPS MARKET
5.6.1 IMPACT DUE TO LOCKDOWN
5.6.2 CONSUMER SENTIMENTS
5.7 IMPACT ON PRICING OF NORDIC UPS
6 MARKET FACTOR ANALYSIS
6.1 SUPPLY CHAIN ANALYSIS
6.1.1 DESIGN & DEVELOPMENT
6.1.2 RAW MATERIAL & COMPONENT SUPPLY
6.1.3 MANUFACTURE & ASSEMBLY
6.1.4 SALES & DISTRIBUTION
6.1.5 END USE
6.2 PORTER’S FIVE FORCES MODEL
6.2.1 THREAT OF NEW ENTRANTS
6.2.2 BARGAINING POWER OF SUPPLIERS
6.2.3 THREAT OF SUBSTITUTES
6.2.4 BARGAINING POWER OF BUYERS
6.2.5 INTENSITY OF RIVALRY
7 NORDIC UPS MARKET, BY PRODUCT TYPE
7.1 OVERVIEW
7.2 OFF-LINE/STANDBY
7.3 LINE INTERACTIVE
7.4 ONLINE/DOUBLE CONVERSION
8 NORDIC UPS MARKET, BY APPLICATION
8.1 OVERVIEW
8.2 TELECOMMUNICATION
8.3 DATA CENTRE
8.4 MEDICAL
8.5 INDUSTRIAL
8.6 MARINE
8.7 OTHERS
9 NORDIC UPS MARKET, BY POWER RATING
9.1 OVERVIEW
9.2 UPTO 500 VA (0.5 KVA)
9.3 500.1 VA – 1 KVA
9.4 2-20 KVA
9.5 21 – 50 KVA
9.6 51 – 200 KVA
9.7 201- 500 KVA
10 NORDIC UPS MARKET, BY OUTPUT
10.1 OVERVIEW
10.2 AC TO AC
10.3 AC TO DC
10.4 DC TO DC
11 NORDIC UPS MARKET, BY COUNTRY
11.1 OVERVIEW
11.2 DENMARK
11.3 FINLAND
11.4 ICELAND
11.5 NORWAY
11.6 SWEDEN
12 COMPETITIVE LANDSCAPE
12.1 COMPETITIVE OVERVIEW
12.2 COMPETITIVE BENCHMARKING
12.3 MARKET SHARE ANALYSIS
12.4 KEY DEVELOPMENTS AND GROWTH STRATEGIES
12.4.1 NEW PRODUCT LAUNCHES/PRODUCT ENHANCEMENTS
12.4.2 ACQUISITIONS AND MERGERS
12.4.3 PARTNERSHIPS, AGREEMENTS, AND EXPANSIONS
13 COMPANY PROFILES
13.1 SIEMENS
13.1.1 COMPANY OVERVIEW
13.1.2 FINANCIAL OVERVIEW
13.1.3 PRODUCTS OFFERED
13.1.4 KEY DEVELOPMENTS
13.1.5 SWOT ANALYSIS
13.1.6 KEY STRATEGIES
13.2 EATON
13.2.1 COMPANY OVERVIEW
13.2.2 FINANCIAL OVERVIEW
13.2.3 PRODUCTS OFFERED
13.2.4 KEY DEVELOPMENTS
13.2.5 SWOT ANALYSIS
13.2.6 KEY STRATEGIES
13.3 EMERSON ELECTRIC CO.
13.3.1 COMPANY OVERVIEW
13.3.2 FINANCIAL OVERVIEW
13.3.3 PRODUCTS/SERVICES OFFERED
13.3.4 KEY DEVELOPMENTS
13.3.5 SWOT ANALYSIS
13.3.6 KEY STRATEGIES
13.4 ABB
13.4.1 COMPANY OVERVIEW
13.4.2 FINANCIAL OVERVIEW
13.4.3 PRODUCTS/ SERVICES OFFERED
13.4.4 KEY DEVELOPMENTS
13.4.5 SWOT ANALYSIS
13.4.6 KEY STRATEGIES
13.5 SCHNEIDER ELECTRIC
13.5.1 COMPANY OVERVIEW
13.5.2 FINANCIAL OVERVIEW
13.5.3 PRODUCTS OFFERED
13.5.4 KEY DEVELOPMENTS
13.5.5 SWOT ANALYSIS
13.5.6 KEY STRATEGIES
13.6 ROCKWELL AUTOMATION, INC.
13.6.1 COMPANY OVERVIEW
13.6.2 FINANCIAL OVERVIEW
13.6.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED
13.6.4 KEY DEVELOPMENTS
13.6.5 SWOT ANALYSIS
13.6.6 KEY STRATEGIES
13.7 DELTA POWER SOLUTIONS
13.7.1 COMPANY OVERVIEW
13.7.2 FINANCIAL OVERVIEW
13.7.3 PRODUCTS OFFERED
13.7.4 KEY DEVELOPMENTS
13.8 RIELLO ELETTRONICA GROUP
13.8.1 COMPANY OVERVIEW
13.8.2 FINANCIAL OVERVIEW
13.8.3 PRODUCTS/SERVICES OFFERED
13.8.4 KEY DEVELOPMENTS
13.9 FUJITSU
13.9.1 COMPANY OVERVIEW
13.9.2 FINANCIAL OVERVIEW
13.9.3 PRODUCTS OFFERED
13.9.4 KEY DEVELOPMENTS
13.10 VERTIV GROUP CORP.
13.10.1 COMPANY OVERVIEW
13.10.2 FINANCIAL OVERVIEW
13.10.3 PRODUCTS/ SERVICES OFFERED
13.10.4 KEY DEVELOPMENTS
13.11 AEG POWER SOLUTIONS
13.11.1 COMPANY OVERVIEW
13.11.2 FINANCIAL OVERVIEW
13.11.3 PRODUCTS OFFERED
13.11.4 AEG POWER SOLUTIONS: KEY DEVELOPMENT
13.12 POWERSHIELD PTY LTD
13.12.1 COMPANY OVERVIEW
13.12.2 FINANCIAL OVERVIEW
13.12.3 PRODUCTS OFFERED
13.12.4 KEY DEVELOPMENTS
13.13 MOUSER ELECTRONICS
13.13.1 COMPANY OVERVIEW
13.13.2 FINANCIAL OVERVIEW
13.13.3 PRODUCTS OFFERED
13.13.4 KEY DEVELOPMENTS
13.14 ENEDO
13.14.1 COMPANY OVERVIEW
13.14.2 FINANCIAL OVERVIEW
13.14.3 PRODUCTS OFFERED
13.14.4 KEY DEVELOPMENTS
Companies Mentioned
Siemens, ABB, Schneider Electric, Eaton Corporation, Emerson, and Delta Power Solutions are among the top players in the Nordic UPS market.
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