Dublin, Jan. 15, 2019 (GLOBE NEWSWIRE) -- The "Singapore Uninterruptible Power Supply (UPS) Systems Market (2018-2024): Market Forecast By KVA Ratings, By Applications, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
Singapore Uninterruptible Power Supply (UPS) Systems Market is projected to grow at a CAGR of 5.5% during 2018-2024.
The growing commercial sector, along with establishment of regional head offices and data centers in Singapore due to the strategic advantage of its geographical location has led to a significant increase in demand for UPS systems in the country. Further, growth in the data center market along with government initiatives to promote business tourism and BFSI sector in the country would increase the need for UPS systems over the coming years as well.
The commercial and industrial segments in the country are expected to grow in future on account of significant emphasis being put on the manufacturing and hospitality sectors, especially medical tourism and business tourism. Additionally, to boost the country's economic output, the Singapore government is pushing the implementation of the digital transformation of the country, with the recently introduced ITM roadmaps.
This framework involves a number of development strategies and goals for the transformation of as many as 23 industries, which include healthcare, hospitality, education, ICT and manufacturing. The strengthening of these sectors would imply an increase in the demand for UPS systems in such domains in the country. Further, government initiatives such as Smart Nation and Digital Gov would also serve as a driving force behind the growing demand for UPS systems in the country.
The report thoroughly covers Singapore Uninterruptible Power Supply (UPS) Systems market by kVA rating, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- Historical Data of Global Uninterruptible Power Supply (UPS) Systems Market For The Period 2014-2017
- Market Size & Forecast of Global Uninterruptible Power Supply (UPS) Systems Market Until 2024
- Historic Data of Singapore Uninterruptible Power Supply (UPS) Systems Market Revenues And Volume 2014-2017
- Market Size & Forecast of Singapore Uninterruptible Power Supply (UPS) Systems Market Revenues & Volume Until 2024
- Historic Data of Singapore Up to 1 kVA UPS Systems Market Revenues & Volume 2014-2017
- Market Size & Forecast of Singapore Up to 1 kVA UPS Systems Market Revenues & Volume Until 2024
- Historic Data of Singapore 1.1 kVA - 5 kVA UPS Systems Market Revenues & Volume 2014-2017
- Market Size & Forecast of Singapore 1.1 kVA - 5 kVA UPS Systems Market Revenues & Volume Until 2024
- Historic Data of Singapore 5.1 kVA - 20 kVA UPS Systems Market Revenues & Volume 2014-2017
- Market Size & Forecast of Singapore 5.1 kVA - 20 kVA UPS Systems Market Revenues & Volume Until 2024
- Historic Data of Singapore 20.1 kVA - 50 kVA UPS Systems Market Revenues & Volume 2014-2017
- Market Size & Forecast of Singapore 20.1 kVA - 50 kVA UPS Systems Market Revenues & Volume Until 2024
- Historic Data of Singapore 50.1 kVA - 200 kVA UPS Systems Market Revenues & Volume 2014-2017
- Market Size & Forecast of Singapore 50.1 kVA - 200 kVA UPS Systems Market Revenues & Volume Until 2024
- Historic Data of Singapore Above 200 kVA UPS Systems Market Revenues & Volume 2014-2017
- Market Size & Forecast of Singapore 200 kVA & Above UPS Systems Market Revenues & Volume until 2024
- Historical data and Forecast of Singapore Uninterruptible Power Supply (UPS) Systems Market, By Applications
- Historical data and Forecast of Singapore Uninterruptible Power Supply (UPS) Systems Market, By Regions
- Market Drivers and Restraints
- Market Trends and Developments
- Player Market Share and Competitive Landscape
- Company Profiles
- Strategic Recommendations
Markets Covered:
By KVA Ratings
- Up to 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
- BFSI
- Data Centers
- Others (Retail, Government Buildings, Transportation Infrastructure etc.)
- Industrial
- Residential
Companies Mentioned
- ABB Pte Ltd.
- Delta Electronics Int'l (Singapore) Pte Ltd
- Eaton Corporation Plc
- General Electric Company
- Riello Elettronica S.p.A.
- Schneider Electric SE
- Socomec Group S.A
- Tripp Lite
- Vertiv Co.
For more information about this report visit https://www.researchandmarkets.com/research/zhhpn4/singapore?w=12
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