1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power
  5. > Energy Storage
  6. > Battery Market Trends
Asia-Pacific UPS Battery Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type and Application

Asia-Pacific UPS Battery Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type and Application

  • April 2021
  • 109 pages
  • ID: 6075649
  • Format: PDF
  • The Insight Partners

Summary

Table of Contents

Search Inside

The APAC UPS battery market is expected to grow from US$ 239.71 million in 2020 to US$ 455.71 million by 2028; it is estimated to grow at a CAGR of 9.1% from 2021 to 2028. The growing trend of digitalization, fueled by favorable government initiatives, boosts the APAC UPS battery market. Automation and digitalization escalate power consumption in different operations, thereby propelling the demand for UPS. Government of APAC countries are taking initiatives to computerize and digitize offices and departments, for which these departments need seamless power supply. Moreover, smart city projects have generated massive demand for security hardware such as storage and closed-circuit television cameras. In line with the smart city development, the growing focus on residential security is driving the use of UPS systems. Home security solutions allow homeowners to protect their sensitive electronic equipment from damage caused by sudden power outages. Several cable stations broadcast digitally, and therefore, they must protect the power to broadcast and the sensitive digital broadcasting equipment. Major initiatives such as Digital India and Smart City projects, growing need of clean power across verticals, numerous ongoing infrastructure projects, growth of surveillance needs, and digitalization of electronic gadgets at homes are booting the demand for UPS across APAC.
The COVID-19 pandemic has been severely affecting APAC countries, especially India.APAC is characterized by the presence of many developing countries, positive economic outlook, high industrial presence, huge population, and rising disposable income.

APAC is also home to many data centers, and any disruptions may limit the economic growth of the region.The governments of various countries of this region are taking drastic measures to reduce the effects of coronavirus outbreak by announcing lockdowns, travel, and trade bans.

The lockdown of various plants and factories in China is affecting the global supply chains and negatively impacting manufacturing, delivery schedules, and sales of various products and services.APAC is a global manufacturing hub with countries such as China, Japan, South Korea, and India leading the manufacturing sector in the region.

The ongoing pandemic has been causing huge disruptions in the growth of various industries in the region. For instance, China is the global hub of manufacturing and largest raw material supplier for various industries, and it is one of the countries that witnessed early ill-effects of the COVID-19 pandemic. The lockdown of various plants and factories in the country affected the global supply chains and negatively impacted manufacturing, and sales of various products and services in the first half of 2020. APAC experienced a negative impact on UPS battery production and sales in Q1 and Q2 2020 because a majority of the battery industry supply chain is concentrated in China. The negative impact of the COVID-19 pandemic on the UPS battery market growth is likely to continue till mid-2021.

The Lithium-ion segment is expected to register the highest CAGR in the market during forecast period.The Li-ion batteries are heavily used in a wide range of electronic devices, including smartphones and laptops.

They are also being used as a core component in electric vehicles.Moreover, these batteries are becoming a feasible choice for an uninterruptible power supply and energy storage systems, including harnessing power from renewable energies such as solar and wind.

Li-ion batteries display greater reliability than VRLA/SLA batteries due to their built-in battery monitoring and management systems.Additionally, the Li-ion batteries are significantly lightweight and small because of their higher power density.

High cycle-count, faster charge times, and minimum double service life compared to lead-acid batteries are among the other benefits that make them suitable for non-traditional UPS applications, such as peak shaving, grid sharing, and industrial or process control support. Furthermore, the Li-ion have numerous benefits on alternative DC storage techniques for the UPS application. The Li-ion batteries are associated with lower operational costs since they require less frequent replacement and as they operate at higher ambient temperatures.

The APAC UPS battery market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the APAC UPS battery market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic.

The participants typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the APAC UPS battery market. CSB Battery Co., Ltd.; East Penn Manufacturing Company; Eaton Corporation plc; Exide Industries Limited; FIAMM Energy Technology S.p.A.; GS Yuasa International Ltd.; leoch International Technology Limited Inc; Schneider Electric SE; and Vertiv Group Corporation are among the major companies in the market in this region.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Electric Boat and Ship Market - Growth, Trends, COVID-19 Impact, and Forecast (2021 - 2026)

  • $ 4250
  • September 2021
  • 103 pages

The Electric Boat and Ship Market were valued at USD 4,581.3 million in 2020, and it is expected to reach USD 9010.5 million by 2026, registering a CAGR of 12.65% during the forecast period, 2021-2026. The ...

  • World
  • Europe
  • Battery
  • Shipbuilding
  • Industry analysis
  • Greenhouse Gas Emissions
  • Vessel Fleet

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on