Saudi Arabia UPS Market 2017-2023: Forecast By Rating, Applications, Regions and Competitive Landscape – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Saudi
Arabia UPS Market (2017-2023): Forecast By Rating, Applications, Regions
and Competitive Landscape" report has been added to Research
and Markets' offering.
Saudi Arabia UPS market revenue is projected to grow at a CAGR of 4.0%
during 2017-2023.
Saudi Arabia is one of the key countries in the Middle East UPS market.
Growth in Saudi Arabia UPS market is buoyed by several factors such as
rising number of SMEs, growing IT spending coupled with increasing
acceptance among emerging number of data centers across the Kingdom.
Saudi Arabia is likely to ramp up its spending on data centers. As a
matter of fact, the country's data center market has been growing
tremendously over the past few years reaching over $220 million in 2016.
Data center spending is poised to grow at a CAGR of 10.3% by 2019.
Additionally, growing investment in commercial applications primarily in
hospitality and BFSI is anticipated to drive sales of UPS systems in
Saudi Arabia.
Amongst all types, UPS systems with rating less than 5KVA captured
significant share of the market and is expected to maintain its market
leadership over the forecast period as well. Commercial application was
the key revenue generating application in Saudi Arabia UPS market.
Commercial offices, BFSI and hospitality segments were the top
performers in commercial application. These commercial segments are
further anticipated to drive the sales of UPS systems in Saudi Arabia
over the next six years.
Markets Covered
The report provides detailed analysis of the following market segments:
-
By Ratings:
- Less than 5 KVA
- 5.1 KVA – 20 KVA
- 20.1 KVA – 50 KVA
- 50.1 KVA – 200 KVA
- 200 KVA & Above
-
By Applications:
- Commercial
- Residential
- Industrial
-
By Regions:
- Central
- Western
- Southern
- Eastern
Companies Mentioned
- ABB Ltd.
- Arabian Power Electronics Company
- Eaton Corporation Plc
- Schneider Electric SE
- SOCOMEC MIDDLE EAST
- Vertiv Co.
For more information about this report visit https://www.researchandmarkets.com/research/5jrpsp/saudi_arabia_ups
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Topics: Electricity