UPS market growth set to continue
Earlier this month, I read an article in EETimes Europe, which reported significant growth figures in the UPS market in 3Q 2010.
Data from market analyst IMS Research shows that the recovery of the global market for uninterruptible power supplies is picking up, largely due to increased sales in Asia and other developing markets. The figures for this year are 12.9% higher than those posted in 3Q 2009.
The article went on to say that the research showed that recovery in North America is in the small to medium business sector, where single-phase UPS (typically used in data centres and server rooms) is set to end the year 15% higher than in 2009.
The market in Europe, Middle East and Africa has not improved to the degree of those in Asia and the Americas, and UPS revenues in these locations (according to IMS Research) remain roughly the same as in 2009. The article cites changes in the exchange rate and Europe’s debt problems as reasons for this. However, it does say that double-digit growth is expected to continue into 2011.
Riello UPS has experienced consistent growth for the past five years, across all of our markets, not just in the UK but I would say that growth in Asia is to do with market development rather than a slow-down in Europe due to the debt crisis. Five years ago, the UK was a developing market in terms of business and power continuity, as business leaders woke up to the realisation that downtime (no matter how limited) could not be tolerated in a growing market. It’s the same in Asia – and it also explains why SMEs are a UPS growth sector in the Americas.