Market Research Report
Transformerless UPS Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
|Transformerless UPS Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026|
Published: September 16, 2021
IMARC Services Private Limited
Content info: 200 Pages
Delivery time: 2-3 business days
The global transformerless UPS market reached a value of US$ 1.5 Billion in 2020. Uninterruptible power supply (UPS) refers to a device that helps computers run for a short while in case the primary source of power fails. Unlike inverter systems, UPS systems provide near-instantaneous power supply, as well as intercept power surge from the primary source. Earlier system designs used a transformer to boost low incoming voltages, but nowadays, there is a significant rise in the usage of transformerless UPS systems. Transformerless UPS systems rely on insulated-gate bipolar transistors (IGBTs) that deal with high voltages and eliminate the requirement for a step-up transformer after the inverter. These systems have a smaller carbon footprint and assist in reducing investments and running costs.
The utilization of transformerless UPS is currently increasing at a rapid pace, especially in sectors that rely on a continuous power supply. Consequently, these systems have become key components in industries such as BFSI, telecommunications, power generation, oil and gas, railways and aviation. Another defining trend in the market is the escalating demand for more compact and sleek systems. Furthermore, the leading manufacturers are focusing on the introduction of improved designs by integrating temperature sensors that allow direct thermal IGBT control. They are also reducing the number of components used to avoid faults and increase reliability. However, the sudden outbreak of the coronavirus disease (COVID-19) and consequent lockdowns imposed by governing agencies of numerous countries have led to a reduction in the overall production due to disruptions in the supply chain. The market is expected to experience growth once lockdown restrictions are uplifted. Looking forward, IMARC Group expects the global transformerless UPS market to exhibit strong growth during the next five years.