Critical Power Market - Trends Forecast Till 2028

Critical Power Market Power Solution by Type (UPS, Genset) and End Use (Industrial, Commercial, IT & Telecom, Transportation), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-EN-CPM-613

Format:  

Number of Pages: 277

Domain: Energy

Critical Power Market – Trends Forecast Till 2028

The global Critical Power Market size is projected to reach CAGR of 8.9% during the forecast period 2021-2028.

Critical power is that derivative of electric energy, which is constantly required without any interruption. Critical power is required at places where the constant supply of electricity is needed. It is used in applications that need to be kept operational at all times. These applications include critical monitoring systems for patients at hospitals, data storage, and electricity grid. Critical power supply is required at the industrial sites where constant manufacturing is operational.

Increase in the number of data centre is the factor that has supported long-term expansion for Critical Power Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe.

Critical Power Market Research Report

Asia-Pacific is expected to witness a significant growth in the critical power market. This is due to the rapidly growing population and heavy industrialization.

Critical Power Market is segmented into type, type (cooling solutions), end user and region.

On the basis of Type

  • UPS
  • Generators

On the basis of End-User  

  • Industrial
  • Commercial
  • IT and Telecommunication
  • Government and Defence
  • Transportation

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Critical Power Market Primary Respondent

 

Key Players

  • General Electric Company
  • Schneider Electric SE
  • ABB Limited
  • Broadcom Ltd
  • Eaton Corporation Plc.
  • WEG, Anord Critical Power Inc.
  • Doble Engineering Company
  • Canara Inc.
  • Brio Energy Pvt. Ltd.

Recent Developments

  • GE Aviation, GE Healthcare, and the combined GE Renewable Energy, GE Power, and GE Digital businesses to become three industry-leading, global, investment-grade public companies
  • GE intends to execute tax-free spin-offs of Healthcare in early 2023 and of the Renewable Energy and Power company in early 2024.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Critical Power Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 8.9% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

type, type (cooling solutions), end user and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

General Electric Company, Schneider Electric SE, ABB Limited, Broadcom Ltd, Eaton Corporation Plc., WEG, Anord Critical Power Inc., Doble Engineering Company, Canara Inc., Brio Energy Pvt. Ltd.

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