Iraq Uninterruptible Power Supply (UPS) Systems Market 2018-2024 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Iraq
Uninterruptible Power Supply (UPS) Systems Market (2018-2024): Market
Forecast By KVA Ratings, By Applications, By Regions and Competitive
Landscape" report has been added to ResearchAndMarkets.com's
offering.

Iraq Uninterruptible Power Supply (UPS) Systems market is projected to
grow at a CAGR of 6.8% during 2018-24.

Iraq's infrastructure redevelopment initiatives would witness
significant growth in coming years on account of upcoming large-scale
investments such as $30 billion fund pledged by a group of countries in
Kuwait International Conference for the Reconstruction of Iraq. With the
development of Infrastructure sector, demand for high KVA UPS is
anticipated to increase as these products are highly used in areas such
as airports, railway stations, and ports. Although, due to ISIS revolt
and drop in oil prices, Iraq's growth has been affected in the past. We
expect UPS systems market to witness healthy growth in the forecast
period due to improving security situation and reconstruction efforts.

Growing investment in Information & Communication Technology sector and
increasing foreign investment for country's redevelopment would drive
the market for UPS systems during 2018-24. UPS with rating up to 20 KVA,
acquired the highest market revenue and volume share due to their high
consumption in commercial, industrial and residential segments.
Additionally, projects such as Elevated Metro Line between Karbala and
Najaf, Movenpick Hotel Erbil, Rasheed Residential City are anticipated
to grow the demand for the UPS systems in the country.

The commercial sector is the major consumer of UPS systems in the
overall Iraq UPS market followed by industrial sector. Upcoming projects
in commercial offices, data centers, healthcare, BFSI would generate
more demand for UPS systems over the coming years. Additionally,
improvement of oil & gas and water treatment plants are also anticipated
to surge UPS demand during the forecast period.

Markets Covered:

By KVA Ratings:

• Below 1.1 KVA
• 1.1 KVA – 5 KVA
• 5.1 KVA – 20 KVA
• 20.1 KVA – 50 KVA
• 50.1 KVA – 200 KVA
• Above 200 KVA

By Applications:

• Commercial:
  • Offices
  • Healthcare
  • Hospitality
  • Data Centers & BFSI
  • Others (Retail, Government Buildings, Transportation
    Infrastructure, Education etc.)
• Industrial
• Residential

By Regions:

• Baghdad
• Rest of Iraq

Companies Mentioned

• ABB Ltd.
• AEG Power Solutions B.V.
• Borri Power Middle East FZCO
• Eaton Corporation Plc
• RIELLO UPS Middle East FZ-LLC
• Schneider Electric East Mediterranean S.A.L.
• Socomec Middle East
• Tripp Lite
• Vertiv Co.

For more information about this report visit https://www.researchandmarkets.com/research/4n4n64/iraq?w=4

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Related
Topics: Electricity