Global Transformerless UPS Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-18 08:49:02
The Global Transformerless UPS market is to grow at a CAGR of 12.2 percent over the period 2013-2018. One of the key factors contributing to this market growth is the low capital expenditure and installation costs of transformerless UPS. The Global Transformerless UPS market has also been witnessing a growing acceptance of next-generation power storage technologies which is directly having an influence in this market. However, the higher servicing and maintenance costs could pose a challenge to the growth of this market.
The demand for transformerless UPS systems among end-users has been increasing over the years due to their advantages over the traditional transformer-based UPS systems. Transformerless UPS solutions offer several advantages such as high efficiency, low capex, high returns on investment, low operating cost, less weight, and low carbon footprints. The demand for these solutions is increasing from the various end-users in the Commercial and Residential sectors. The overall cost of the transformerless UPS is another major reason for the increasing demand during the forecast period. Hence, the increasing demand and usage of transformerless UPS among the end-users will propel the growth of the Global Transformerless UPS market over the next few years.
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